K-Beauty Exports Surge Near $1 Billion as Global Demand Accelerates

SEOUL, May 6 (Korea Bizwire) — South Korea’s beauty industry continues its explosive global ascent, with overseas direct purchases of Korean cosmetics and perfumes — commonly referred to as K-beauty — nearly doubling in 2024 to approach $1 billion, according to newly released customs data. The Korea Customs Service, in data submitted to Rep. Park Sung-hoon [...]