Skip to main content

Korean Beauty Trends & Industry News: 23-08-14

A woman with makeup on, Pabby cosmetic's poster for Korean Beauty Trends and News

CJ Olive Young Takes the Lead in Establishing a 'Clean Beauty Ecosystem'

CJ Olive Young is the first in the domestic cosmetics industry to introduce 'Clean Beauty' certification, which excludes harmful ingredients. This aligns with the consumption trend driven by the MZ generation, which values environmental and animal protection.

Their pilot 'BeautyCycle' campaign, collecting empty cosmetic bottles, will be permanently expanded to approximately 1,300 stores nationwide(in Korea). Customers can return cleaned containers, which will then be recycled. The campaign accepts most cosmetic bottles, but excludes glass bottles, metal sprays, and certain cosmetic containers.

Olive Young also emphasizes the 'value consumption' trend through 'Conscious Beauty' activities. A promotion called 'Dajeongryeok Race' offers various benefits to participants.

An Olive Young representative said their aim is to spread the perception of value consumption through clean beauty and build a "good company" image for the MZ generation.


Baemin Launches 'BeautyCare SelectShop' and Restructures its Business

After Baemin withdrew from live broadcasting, it introduced 'BeautyCare SelectShop', which delivers cosmetics from 19 brands within 20-30 minutes, available from 9 AM to midnight. Discounts go up to 63%, allowing customers to conveniently purchase various brand products.

However, the beauty market is competitive. Many companies, including Kurly, Coupang, LotteOn, and Olive Young, have already entered the market. Olive Young's same-day delivery service 'Today's Dream' is particularly popular.

Following this, Baemin decided to focus on its primary food delivery business and 'Quick Commerce'. Their 'Baemin Store' offers rapid delivery for various categories, and they're expanding their digital product lineup. This shift aims to maximize Baemin's strengths in quick commerce, currently operating over 60 urban logistics bases (MFCs) nationwide.

**Baemin, short for "Baedal-ui Minjok," means "Delivery Nation" in English and is a popular South Korean food delivery app.


Beauty Industry Participates in the 'Zero Single-Use Items Challenge'... Promoting Eco-Friendly Management

The beauty industry has joined the 'Zero Single-Use Items Challenge', a nationwide eco-friendly campaign led by the Ministry of Environment. The campaign encourages less use of single-use items and more multi-use items. Participants post their involvement on SNS and nominate the next participant in a relay format.

Choi Hyun-gyu, the representative of Korea Kolmar, emphasized that using multi-use items reduces carbon emissions and helps prevent environmental damage and climate anomalies. He nominated Lee Joo-ho, the CEO of Gowoonsesang Cosmetics. Lee responded to the challenge through Dr. G's Instagram, emphasizing their sustainable beauty products and environmental initiatives, like eco-friendly packaging and a bottle collection campaign with 'TerraCycle'.

Lee Jin-ho, CEO of Olive International, also participated. He expressed the company's commitment to meeting both the Earth's and customers' needs. Olive International engages in various eco-friendly activities, using vegan products and FSC-certified packaging through brands like 'Be Project' and 'Peach Popo'.

Comments

Popular posts from this blog

Korean Beauty Trends & Industry News: 24-07-03

The K-Beauty Revolution Conquering the Global Beauty Market      Korean beauty products, known as K-Beauty, are rapidly rising in the global beauty market. By the end of last year, the number of cosmetic companies in Korea exceeded 31,524, tripling from 10,000 in 2017 in just six years. In the first half of this year alone, K-Beauty exports reached $4.81 billion, an increase of 17.8% from the previous year, making it one of the fastest-growing sectors, behind only semiconductors, computers, and ships. The key to K-Beauty's success lies in its rapid innovation and diverse product range. A recent example is American beauty influencer Darsie, who praised the K-Beauty brand Tirtir's dark-tone cushion foundation. Her positive review garnered over 38.8 million views and more than 10,000 comments, boosting Tirtir's new product to the top of Amazon's beauty category in the U.S. upon release. K-Beauty's strength in the global market is its quick product innovation. Japanese ...

Korean Beauty Trends & Industry News: 24-12-20

Korean Convenience Stores Enter the Affordable Beauty Market      Korean convenience stores are now competing aggressively in the affordable beauty market, targeting younger consumers in their teens and twenties with skincare products priced around 3,000 KRW (about $2.50). These products emphasize small, travel-friendly sizes, practical use, and budget-friendly pricing, making them particularly appealing to younger shoppers. GS25 recently launched six affordable beauty products, including the "Scinic Moist Tone-Up Sun Cream," priced at 3,000 KRW for six individually packaged 2mL units. Earlier this year, GS25 introduced 700 KRW sheet masks and 1,000 KRW moisture pads, doubling its skincare offerings from 10 products last year to 20 in 2024. Similarly, CU launched three affordable skincare products in September, selling 30,000 units in just three months. CU's lineup has expanded to include skin-repairing ampoules and hand creams. Even Seven-Eleven has joined the trend with...

Korean Beauty Trends & Industry News: 23-12-18

Intensifying Competition in Cosmetics Delivery: CJ Olive Young, Coupang, Daiso in the Fray In the dynamic world of Korean beauty, CJ Olive Young, Coupang, and Daiso have plunged into a competitive race for cosmetics delivery.  CJ Olive Young's same-day service, "Delivers Today," has seen a 70% increase in usage this year compared to the last. In Seoul, over half of the online orders are delivered through this rapid service.  This company was the first in the cosmetics industry to introduce instant delivery, ensuring swift dispatch directly from stores near the delivery address through their mobile app and online mall. With over 1,300 CJ Olive Young stores nationwide, 80% of which stock indie cosmetics brands, orders made before 8 PM are delivered within 3 hours, averaging around 45 minutes. The company is also expanding its urban logistics centers (MFC) to metropolitan areas next year. Meanwhile, Coupang is focusing on delivering premium authentic cosmetics. In July, they...