While Japan has the highest standard of living, it is the South Koreans who spend the most on cosmetics per capita, holding a position in Asia akin to that of the French in Europe.
Cultural differences rife in Asian beauty market
Market researcher Mintel claims the Asian beauty market is a region of contrasts
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Gen Z are still the most sought-after beauty demographic, but for influence, not spend
Read moreWith Gen X and boomers now beauty’s biggest spenders, Gen Z’s power play is changing behaviour. This group is demanding premiumisation with accessibility from brands in 2026, as well as a genuine cultural connection, which makes winning this group over a critical future investment
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Gen Z are still the most sought-after beauty demographic, but for influence, not spend
With Gen X and boomers now beauty’s biggest spenders, Gen Z’s power play is changing behaviour. This group is demanding premiumisation with accessibility from brands in 2026, as well as a genuine cultural connection, which makes winning this group over a critical future investment
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