Beauty is considered as a very important aspect in South Korea. People of all ages and financial groups consider it crucial to look good. Whether you are a pop star or just an ordinary worker in the factory, the moment you step outside your house, the looks matters. The appearance on the exterior is very important here.
Hence they do not mind using several make up kits of different brands. It comes as no surprise to note that people of all genders have beauty kits. The best part about their beauty products or the items which are manufacture and produced in South Korea is that, they contain different elements.
It makes it more exciting. Have you heard about the face cream which is made from snail slime? If not, then you are nowhere when it comes to make up kits or items. Likewise, do not be surprised to note that many South Korean women and certain men spend at least one hour just applying makeup and washing their face.
Not to mention applying a Korean face mask that is produced from seaweed. You could say that the Asian country has a thing with beauty and skincare products. It comes as no surprise that both men and women spend lot of money on these products when compared to other Asian and American men and women.
According to the market estimates, the South Korean had seen exports which were more than $2bn of beauty products. Based on the data which is present with the Korea Customs Service it is a new high. The main export markets in beauty and skincare products are called K-beauty. The sole reason that the products are manufactured and produced in South Korea is because that the ingredients are found here.
For example, snail extract can be found and derived from here with the formation of collagen and elastin. Not to mention, many men and women who have knowledge in beauty products ingredients use them to make and produce different skincare items.
Advantages of beginning a beauty and cosmetic firm in South Korea
From the above, you can easily see that starting a beauty and cosmetic business in South Korea is a simple affair and more importantly profitable. You can also consider making use of the services of South Korean firms who can design your own brands including OEM and ODM products.
That immensely helps you to design your own brand name and products depending on your tastes and desire. However, you will want to spend some time researching more about the beauty industry in South Korea and then begin your journey. You will want to also ensure that you have sufficient budget to invest in your business here.
It is also better to take the help of a local agent or a business partner who has sufficient experience in the market here. He/she will be able to help you in several ways and guide you in about how you should about things here. Unlike other Asian markets and Western fashion sectors, the Korean beauty market is developing at a rapid pace and people are not afraid to experiment and try out new things.
You will want to definitely capitalize on that.
Why foreigners are able to settle down in South Korea very easily?
The last decade has seen a huge influx of foreign investment in South Korea. That is because foreigners who come down here from different parts of the world are surprised at the ease at which they are able to find homes for rent, affordable schools for their children, and friendly policies to start a business in this country.