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[BUSINESS] · South Korea, South Africa · 2 sources

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Global beauty markets see regional specialization in skincare and hair care

The global anti-aging and beauty market is characterized by specialized regional leadership. South Korea leads in skincare exports, rapid product innovation, and the popularization of multi-step routines and the ‘glass skin’ aesthetic. France maintains dominance in global beauty trade and dermocosmetic trust, while the United States leads in high-evidence clinical technologies, including injectables and medical devices.

In South Africa, the K-beauty market is expanding, with hair care emerging as a lucrative and fast-growing segment. The South African K-beauty products market is projected to reach $9.1 million by 2033. To address specific local needs, the brand Bephor has been launched by South African entrepreneur Nolu Mkhonza and Korean innovator June Lim. Bephor combines Korean skincare science and fermentation techniques with ingredients like shea butter to create products specifically formulated for Type 4 textured hair.

Entities

Bephor · June Lim · Nolu Mkhonza · South Africa · South Korea