Korea passes landmark law to supercharge $11.4 bil. cosmetics industry
Driven by unprecedented global demand for skincare and cosmetics, the National Assembly passed landmark legislation this week designed to systematically cultivate Korea’s beauty sector into a primary engine of national economic growth. The Act on the Fostering and Support of the Cosmetics Industry establishes the nation’s first legal framework created specifically to nurture the commercial…
Korea has passed a groundbreaking law aimed at accelerating the growth of its $11.4 billion cosmetics industry, a sector that has witnessed unprecedented global demand. The new Act on the Fostering and Support of the Cosmetics Industry establishes a dedicated legal framework to drive the commercial development of the sector, separate from the existing Cosmetics Act, which previously focused on safety standards and manufacturing compliance.
This legislative step comes after Korean cosmetics exports reached an all-time high of $11.4 billion in 2025, placing the country alongside France as one of the world's top two beauty exporters. The cosmetics industry has also emerged as the largest export category among domestic small and medium-sized enterprises, contributing significantly to employment and manufacturing output across the nation.
The new law represents a major boost for Korea's beauty sector, positioning it as a key driver of the country's economic growth.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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