Korean herbal cosmetics market share is increasing

According to the "2021 Oriental Medicine Industry Statistics Collection" recently published by the Korea Oriental Medicine Promotion Agency, oriental medicine cosmetics, valuing for 1.9308 trillion won, accounted for about 12.7% of the total cosmetics production of 15.1617 trillion won among the top 10 domestic cosmetics products in 2020

The trend is increasing every year, the share of herbal cosmetics production being 7.1% in 2016, 6.7% in 2017, 10.2% in 2018, 12.7% in 2019, and 12.7% in 2020.