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Korean Beauty Trends & Industry News: 24-01-29


South Korea’s MFDS Introduces Electronic Document Service for Cosmetics Industry

South Korea's Ministry of Food and Drug Safety (MFDS), led by Director Shin Joon-soo of the Biopharmaceutical Division, announced the implementation of an electronic document service for the cosmetics industry. Starting January 29, the service will digitally issue and manage various documents like cosmetics manufacturing registration certificates and notification certificates for customized cosmetics sales. From February 19, the service will expand to include CGMP (Cosmetic Good Manufacturing Practice) compliance certificates and English certificates, with a full-scale implementation set for March after a month-long trial period.

This digital transformation is expected to streamline the process of issuing, renewing, and storing documents in the cosmetics sector. The MFDS plans to hold seminars to help the industry adapt to this new system, emphasizing the adoption of automation and digital systems in the domestic cosmetics industry. This move aligns with the global trend towards sustainability and aims to aid Korean cosmetic companies in producing high-quality products and expanding their presence in international markets.


ABLEC&C Successfully Hosts 'K-Beauty Class' in Myeong-dong

ABLEC&C, a notable player in the Korean beauty industry, recently hosted a successful 'K-Beauty Class' for foreign tourists at the Missha Island pop-up store in Myeong-dong. Part of the 2024 Korea Grand Sale event, this class was organized in collaboration with the Ministry of Culture, Sports and Tourism, and the Visit Korea Committee. Professional makeup artists provided personalized lessons, sharing various Korean makeup techniques, including face shape analysis, personal color coaching, skin diagnosis, and skin tone improvement.

The event served as a platform to introduce Korean culture and beauty trends to an international audience. Participants experienced Missha's calming skincare line and enjoyed a virtual tour of Ganghwa Island, dressed in traditional Korean attire. ABLEC&C also gifted visitors with a 'Global Edition Ampoule 3-Piece Trial Set' containing their popular calming ampoule and an eco-bag. Marketing Head Cho Ye-seo noted the growing global interest in Korean culture and K-Beauty, affirming ABLEC&C's commitment to continually promoting the excellence of K-Beauty to visitors from around the world.


Daebong LS Registers Patent for Algae-Derived Peptide Cosmetic Ingredient

Daebong LS, a South Korean company, has registered a patent for a cosmetic ingredient derived from microalgae, marking a significant advancement in sustainable cosmetic materials. The company developed a technology to produce low molecular weight peptides from golden chlorella, which boasts a protein content of over 60%. Microalgae, thriving only on water and sunlight, align with the global trend of sustainability, producing half of the atmospheric oxygen and capturing ten times more carbon than forests.

The patented technology utilizes water, pressure, and plant-derived enzymes to extract peptides with minimal odor. The resulting ingredient contains peptides with an average molecular weight below 1700 Dalton, including a significant concentration of a low molecular weight vegan peptide at 3000ppm. This enhancement significantly improves skin absorption rate, depth, and speed. The ingredient, rich in amino acids essential for collagen synthesis, improves skin hydration, eye wrinkles, elasticity, facial lifting, and texture with just a 1% concentration. Daebong LS is committed to offering high-functionality anti-aging ingredients in line with the global ESG trend, supporting sustainable and innovative skincare solutions for both domestic and international markets.


Cosmax Strengthens its Position in the Color Cosmetics Market with New Factory in Pyeongtaek

Cosmax, a global leader in cosmetics research, development, and production, has fortified its position in the color cosmetics market with the inauguration of its new factory in Pyeongtaek, South Korea. Situated in the Pyeongtaek Goryeong Industrial Complex, the five-story facility (including one underground level) covers an area of approximately 28,625 square meters. The factory primarily produces colored powder products, with a monthly capacity of about 11 million units, translating to over 130 million units annually. Advanced automation in key processes has improved production efficiency by over 20%.

Cosmax's strategy involves producing a full range of color cosmetics at its Hwaseong factory, while the Pyeongtaek facility focuses on powder-based products. This expansion brings the total number of Cosmax's domestic cosmetic production sites to six, increasing its annual production capacity to approximately 780 million units. Including its overseas factories in China, Indonesia, Thailand, and the USA, Cosmax's total annual cosmetic production exceeds 2.7 billion units. As of the end of 2023, Cosmax boasts a clientele of over 1,300 companies. The new Pyeongtaek factory, equipped with automated solutions, significantly boosts Cosmax's production competitiveness in the global market. The company aims to rapidly introduce high-quality beauty products in collaboration with its clients, leveraging its global supply chain and top-tier R&D capabilities to proactively meet the growing demands of the color cosmetics market.
Location: 한국

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