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Korean Beauty Trends & Industry News: 23-09-08

Cosmetic poster with B letter, a woman surrounded by cosmetics.

Seoul and France Team Up for Beauty and Fashion Investment Trends Seminar

Invest Seoul, in collaboration with the French Chamber of Commerce in Korea, is set to hold a seminar focused on investment trends in the beauty and fashion sectors on the 13th at Novotel Gangnam Hotel. The seminar will be simultaneously broadcast online and targets experts from Korea and France in the beauty and fashion industries. Cosmétique Vallée from France and the higher education institute IFM (Institut Francais de la Mode) are set to lead the discussions in their respective sectors.

Agenda and schedule for Beauty and Fashion Trends Conference in Korea
In the beauty sector, Cosmétique Vallée plans to share insights into R&D and startup support while also presenting forecasts for the global beauty industry. In the fashion sector, IFM will offer strategies for the development of K-Fashion, based on the rapid changes in the fashion and textile industry as well as the global spread of K-Pop.

The seminar will also feature a range of promising Korean companies specializing in one-stop skincare, jewelry e-commerce platforms, vegan cosmetics, and tattoo printing solutions. These companies aim to showcase their technology and competitive edge to investors.

Seoul City's New Industry Policy Director, Park Kyunghwan, stated that the seminar is part of a month-long 'The Lifestyle Seoul' festival, aiming to connect companies in the beauty and fashion sectors with overseas investors and experts, with the ultimate goal of attracting tangible investments.


Kolmar Korea Hosts 'Connect for Green' Seminar for Sustainable Packaging and Climate Crisis Response

Kolmar Korea held a 'Connect for Green' sustainable seminar at its Comprehensive Technical Center in Seocho District, Seoul. The seminar aimed to create a consensus among the cosmetics industry on the climate crisis and sustainable co-growth, with over 250 attendees from local cosmetic brands, manufacturers, and material companies.

CEO Choi Hyunkyoo emphasized the rising global focus on ESG (Environmental, Social, Governance) management and the need for investments in eco-friendly materials. Kolmar Korea is already actively advancing in eco-friendly R&D, with projects like paper tubes and paper sticks, signifying their commitment to environmental protection and social responsibility.

At the seminar, major domestic material companies like Lotte Chemical, CJ CheilJedang, Moorim, and LG Chemical unveiled eco-friendly packaging materials and technology. Lotte Chemical presented its waste plastic pyrolysis technology, while CJ CheilJedang introduced bio-materials to replace petroleum-based materials. Kolmar Korea, along with these companies, revealed plans for various forms of collaborations for sustainable co-growth in the future.

The seminar was considered a significant event for building consensus on technology and strategy for a sustainable future in the cosmetics industry. Through this, Kolmar Korea and participating companies demonstrated a committed will to overcome the climate crisis and pursue sustainable development.


10th Osong Cosmetics & Beauty Industry Expo to Showcase Upcoming Beauty Trends and Opportunities in October

The 10th Osong Cosmetics & Beauty Industry Expo is set to take place. The theme this year is "Meet K-Beauty in a Global Context, at Osong," and the event will run from October 17 to 21 at the Osong Bio-Science Complex. The venue has returned to its original location at the Osong Bio-Science Complex to celebrate its 10th edition, with approximately 150 domestic cosmetics companies and 320 domestic and foreign buyers expected to participate.

Various activities, from new product promotions to export consultation meetings and sourcing cosmetic and beauty devices to raw materials, are planned. Companies such as LG Household & Health Care, Payon Tech, and Saimdang Cosmetics are expected to participate. Business matching and export consultation sessions are also on the agenda.

Additionally, auxiliary events like the Cheongju City Beauty Contest, international cosmetics conferences, and skin and hair-related competitions will also be held. Visitors can partake in several interactive events like online OX quizzes and purchase receipt roulette games to satisfy their curiosity and beauty needs. Lastly, the event center will feature a symbolic tower and flower tower, providing an array of experiences and memories to visitors during the fall season.
Location: South Korea

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