• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Components
    • Markets
    • Materials
    • Solutions
    • Top 20 Companies
    • Buyers Guide
    • Events
    • More
  • Magazine
  • News
  • Components
  • Markets
  • Materials
  • Solutions
  • Top 20 Companies
  • Buyers Guide
  • Events
  • Current & Past Issues
    Features
    Editorial
    Departments
    Columns
    Digital Edition
    eNewsletter Archive
    Staff
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    Benvenuto a Bologna!

    Stick Formats That Stack Up

    Reaping the Dividends of Customized Stock Packaging

    L’Oréal’s Brice André Looks to a Circular Packaging Future

    New Innovations in Airless Packaging
    Breaking News
    Regulatory
    Events
    Association
    Packaging
    Adv/Marketing
    Financial
    Retail & Travel
    People
    Products
    Experts
    Press Releases
    Exclusives
    Live From Shows
    Video Bites
    Packaging Personalities
    Top News
    Sephora at Kohl’s to Expand Sephora Presence to All 1,100+ Kohl’s Locations

    Emma Watson to Front New Fragrance Campaign for Prada

    The Estée Lauder Companies Delivers Strong Results in Fiscal 2022

    Fastest-Growing Consumer Product Companies in the U.S.

    Winky Lux is Among the Top 20 Fastest-Growing Beauty Companies
    3D
    Accessories
    Aerosols
    Airless
    Applicators
    Bags
    Bottles/Jars
    Brushes
    Cans
    Cartons/Boxes
    Closures
    Compacts
    Devices
    Dispensers
    Double Duty
    Droppers
    Environmental
    Labels
    Lipstick packages
    Mascara Containers
    Paper
    Pouches
    Printing
    Pumps
    Rollerballs
    Small Sizes
    Stock Pkg
    Tubes
    Wipes/Sheets

    Neopac Wins 2 European Tube Manufacturers Association Awards

    Stick Formats That Stack Up

    Reaping the Dividends of Customized Stock Packaging

    Arkay

    Cospack America Corporation
    Bath/Body
    Cosmetics
    Ethnic
    Fragrances
    Hair
    Health and Beauty
    Home Fragrance
    Men
    Nails
    Personal Care
    Sample/Travel Sizes
    Sets/Kits
    Skin

    Sephora at Kohl’s to Expand Sephora Presence to All 1,100+ Kohl’s Locations

    Emma Watson to Front New Fragrance Campaign for Prada

    Japanese Fashion Designer Hanae Mori Dies

    SOS Beauty Fills Several Senior Leadership Positions

    Beauty Sales to Higher Income Consumers in U.S. Increase Double-Digits in 2022
    Brush Fibers
    Eco-friendly
    Flexibles
    Glass
    Metal
    Paper/Board
    PCR
    PET
    Plastics
    Wood

    Neopac Wins 2 European Tube Manufacturers Association Awards

    Verescence Leads the Future of Eco-Friendly Glass Packaging and Deco

    Neenah Unveils Idea Shop Promotion

    APC Packaging Creates Mono-Material System Dropper & Bottle

    Alder Packaging Launches in Los Angeles
    Anti-Counterfeit
    Contract Services
    Decorative Effects
    Design Capabilities
    Digital Printing
    Injection Molding
    Machinery
    Made in USA
    Package Development
    Printing/Decorating
    Sustainable Pkg/Practices
    Turnkey

    United & Free Touts ‘No Unnecessary Ingredients, Products or Plastics’

    Chinese Beauty Brand Launches Sustainable Packaging Made with Eastman Material

    Stick Formats That Stack Up

    Revlon Inks Deal with Origin to Develop Next-Gen Sustainable Packaging for Cosmetics

    Irene Forte Skincare Is Like a Mediterranean Diet for Your Skin
    Top 20 Companies
    LVMH

    L’Oréal

    AmorePacific

    Estée Lauder
    All Companies
    Categories
    Company Profiles
    Jobs
    Add New Company
    International Buyers Guide Companies
    Big Sky Packaging

    Color Carton Corp.

    GAR Labs

    USS LLC

    Lombardi Design & Manufacturing
    Industry Events
    Live From Shows
    Exhibitor Showcase
    Webinars

    BolognaFiere, Informa Markets and PBA Announce Joint Venture

    Luxe Pack New York Announces 2023 Dates

    Indie Beauty Media Group Announces ‘Adit Live’ Event

    Benvenuto a Bologna!

    Honoring the 2022 Inductees at the NJPEC Hall of Fame Awards
    • Magazines
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Staff
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Components
      • 3D
      • Accessories
      • Aerosols
      • Airless
      • Applicatiors
      • Bags
      • Bottles / Jars
      • Brushes
      • Cans
      • Cartoons / Boxes
      • Closures
      • Compacts
      • Devices
      • Dispensers
      • Double Duty
      • Droppers
      • Environmental
      • Labels
      • Lipstick Packages
      • Mascara Containers
      • Paper
      • Pouches
      • Printing
      • Pumps
      • Rollerballs
      • Small Sizes
      • Stock Pkg
      • Tubes
      • Wipes/Sheets
    • Markets
      • Bath/Body
      • Cosmetics
      • Ethnic
      • Fragrances
      • Hair
      • Health And Beauty
      • Home Fragrance
      • Men
      • Nails
      • Personal Care
      • Simple/Travel Sizes
      • Sets/Kits
      • Skin
    • Materials
      • Brush Fibers
      • Eco-friendly
      • Flexibles
      • Glass
      • Metal
      • Paper/Board
      • PCR
      • PET
      • Plastics
      • Wood
    • Solutions
      • Anti-Counterfeit
      • Cotract Services
      • Decorative Effects
      • Design Capabilities
      • Digital Printing
      • Injection Molding
      • Machinery
      • Made In USA
      • Package Development
      • Printing/Decorating
      • Sustainable Pkg/Practices
      • Turnkey
    • Top 20 Companies
    • Online Exclusives
    • Slideshows
    • Expert Opinions
    • Videos
      • eBook
    • Infographics
    • Whitepapers
    • Products Showcase
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Jobs
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms Of Use
    Top 20 Companies

    10. Amorepacific

    Amorepacific ranks at #10 on our list of Top 20 Global Beauty Companies 2018 -- with $5.6 billion in beauty sales.

    Related CONTENT
    • Too Charming Ent. Co., Ltd.
    • Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025
    • Amorepacific Celebrates 76th Anniversary with Virtual Ceremony in the ‘Metaverse’
    • Amorepacific's Scientists Link Sleep & Skin Microbiome at 'Sleeping Beauty' Symposium
    • Shine On: Metals & Metallics Are Glamorous & ‘Green’
    Jamie Matusow, Editor-in-Chief, with Joanna Cosgrove, Contributing Editor11.02.18
    Update: Amorepacific ranks at #19 on our latest report Top 20 Global Beauty Companies 2021.

    Amorepacific is #10 on this year's list of Top Global Beauty Companies. 

    Below is a look at the company’s 2018 highlights, recent acquisitions, and its plan to focus on innovation.

    Beauty Sales

    $5.6 billion
    (FY 2017 Beauty Sales: $5.5 billion)

    Key Personnel
    • Suh Kyung-bae, chairman and chief executive officer
    • Bae Donghyun, president and chief executive officer
    • Jessica Hanson, president and general manager, Amorepacific US Inc.

    Major Products/Brands

    Twenty cosmetics, personal care, and health care prestige and masstige brands including the following U.S./global brands:
    • Etude House, Amorepacific, Laneige, Annick Goutal,
    • Sulwhasoo, Mamonde, Iope. And: Innisfree, Hera,
    • Happy Bath, Primera, Hanyul, Espoir, Aritaum,
    • Vital Beauty, Ryo, and Mise-en-Scéne

    New Products
    • Amorepacific Botanical Radiance Oil
    • Mamonde Petal Purifying Bubble Mask
    • Sulwhasoo First Care Activating Mask
    • Etude House Quick And Easy Blur Tint
    • Innisfree Vivid Creamy Lip Tint

    Amorepacific Group is Korea’s Largest Beauty Company

    Amorepacific was one of a handful of companies on this year’s list that dipped in annual net sales. After growing for several years in a row, sales fell 10% last year. Sales of Amorepacific dropped 9%; Innisfree, 16% and Etude, 18%. In response, the company looked toward other parts of the world for growth, including expansion of Etude in Kuwait and Dubai, Laneige in Australia, Mamonde in the U.S. (in Ulta), and Hera in Singapore.

    Amorepacific Group said it would focus on the development of innovative global products, presenting an enhanced customer experience, and improving its digital infrastructure to lay groundwork for sustainable growth. Overall, while overseas sales rose by 7%, domestic sales in South Korea dropped 16%, due to declines in the number of Chinese tourists and declining sales in duty-free channels and retail stores in tourist areas. CEO Suh Kyung-bae blamed the domestic decline on the economic recession and a changing consumer environment.

    Still, the company achieved net sales of $5.6 billion.

    At 73 years old, Amorepacific Group is Korea’s largest beauty company and an unquestionable leader of K-Beauty and its enthusiastic spread throughout the world. Included on Forbes’ ‘World’s 100 Most Innovative Companies’ list for four consecutive years, Amorepacific is known for developing never-before-seen innovative products such as the Cushion Foundation, Sleeping Mask and Boosting Serum. These products expanded into new beauty categories in the global beauty market, changing daily beauty routines for women around the world.

    2018 Highlights

    In January, Amorepacific Group expanded its U.S. brand portfolio, adding Mamonde—a mid-priced skin-care and makeup brand inspired by flowers—to current brands Innisfree, Laneige and Sulwhassoo. Amorepacific Group introduced Mamonde in 1991, and the U.S. market is the brand’s first international venture outside of Asia.

    Jessica Hanson, president and general manager, Amorepacific US Inc., who was appointed in October 2017, said they’d be simplifying multi-step routines and upgrading packaging to be more in line with prestige products.

    In May, Amorepacific U.S. Inc. opened its first-ever global beauty pop-up shop on Bleecker Street in New York City.

    In June, Amorepacific Group officially entered the Middle East with its No.1 young makeup brand Etude House, and opened its first store in the Dubai Mall in March, then rapidly expanded to other locations. Sales of the “playful” brand reportedly rose 15%.

    “We’ve finally begun to spread the essence of Asian Beauty to customers in the Middle East that have great insight in beauty,” said Suh Kyung-bae, who was recognized as Forbes’ “Asia’s Businessman of the Year” in 2015 and also ranked 20th in “The Best Performing CEOs in the World” selected by Harvard Business Review in 2017. He added, “We are well on track in realizing the dream of becoming a great brand company that makes the world a more beautiful world by actively spreading the singular and innovative beauty culture of Amorepacific across Asia, North America, Europe and the Middle East.”

    Since 1945, Amorepacific has had a single, clear mission: to present its unique perception of  “Asian Beauty” to the world, as well as combine the best of natural Asian ingredients and advanced biotechnology. 

    Read Next: Kao is #11
    Related Searches
    • target
    • south korea
    • innovation
    • beautypackaging.com
    Suggested For You
    Too Charming Ent. Co., Ltd. Too Charming Ent. Co., Ltd.
    Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025 Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025
    Amorepacific Celebrates 76th Anniversary with Virtual Ceremony in the ‘Metaverse’ Amorepacific Celebrates 76th Anniversary with Virtual Ceremony in the ‘Metaverse’
    Amorepacific Amorepacific's Scientists Link Sleep & Skin Microbiome at 'Sleeping Beauty' Symposium
    Shine On: Metals & Metallics Are Glamorous & ‘Green’ Shine On: Metals & Metallics Are Glamorous & ‘Green’
    Weekly Recap: HipDot Reese’s Makeup Collection, Cosmoprof Worldwide Bologna Postponed & More Weekly Recap: HipDot Reese’s Makeup Collection, Cosmoprof Worldwide Bologna Postponed & More
    Innisfree Accused of ‘Green Washing’ and ‘Misleading’ with Label Innisfree Accused of ‘Green Washing’ and ‘Misleading’ with Label
    Amorepacific Amorepacific's HERA Is Now Available in the U.S.—on Amazon
    Amorepacific Joins Global RE100 Initiative Amorepacific Joins Global RE100 Initiative
    Verescence Acquires Majority Stake in Pacificglas Verescence Acquires Majority Stake in Pacificglas
    Amorepacific Reports Q4 and Full Year 2020 Results Amorepacific Reports Q4 and Full Year 2020 Results
    Perfect Corp To Debut Beauty Tech Innovations at CES 2021 Perfect Corp To Debut Beauty Tech Innovations at CES 2021
    Amorepacific Is A CES 2021 Innovation Award Honoree Amorepacific Is A CES 2021 Innovation Award Honoree
    Amorepacific and KAIST Develop Technology that Reverses Skin Aging Amorepacific and KAIST Develop Technology that Reverses Skin Aging
    Your Weekly Recap: Pharrell Williams, Coty’s Sale, & Recyclable Packaging from Amorepacific Your Weekly Recap: Pharrell Williams, Coty’s Sale, & Recyclable Packaging from Amorepacific

    Related Buyers Guide Companies

    • Too Charming Ent. Co., Ltd.

      Too Charming Ent. Co., Ltd.

      Lo Mei Cosmetics is a professional manufacturer specialized in cosmetics packaging and filling/turn key project. Over the past 60 years, Lo Mei has built good r
      Allan Kuo, Sales Vice President 04.25.22

    • Cosmetics
      Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025

      Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025

      Rapid urbanization, rising disposable income and social media exposure are driving growth, says GlobalData.
      09.22.21

    • Cosmetics
      Amorepacific Celebrates 76th Anniversary with Virtual Ceremony in the ‘Metaverse’

      Amorepacific Celebrates 76th Anniversary with Virtual Ceremony in the ‘Metaverse’

      Amorepacific members around the world were invited to take part in the festival from their home or office.
      09.07.21


    • Amorepacific

      Amorepacific's Scientists Link Sleep & Skin Microbiome at 'Sleeping Beauty' Symposium

      The Laneige global webinar—'Sleeping Beauty: Skin Microbiome and the New Generation of Sleeping Beauty'—featured experts from the Amorepacific Research Center.
      07.09.21

    • Bottles/Jars | Caps/Closures | Compacts | Cosmetics | Eco-friendly | Fragrances | Metal | Rollerballs | Skin Care/Sun Care | Stock Pkg | Sustainable Pkg/Practices | Tubes
      Shine On: Metals & Metallics Are Glamorous & ‘Green’

      Shine On: Metals & Metallics Are Glamorous & ‘Green’

      Packaging suppliers weigh in on how metals and metallics add glamour and shine to makeup packaging, fragrance bottles, cartons, skincare rollers—and more.
      Marie Redding, Senior Editor 04.27.21

    Loading, Please Wait..
    Trending
    • Ranking The Top 50 Cosmetic Companies
    • The Top Skincare And Beauty Trends Of 2022 So Far
    • Winky Lux Is Among The Top 20 Fastest-Growing Beauty Companies
    • Dr. Squatch To Launch A 2nd Star Wars Soap Collection
    • 4 Key Beauty Trends For 2023 By Trendalytics
    Breaking News
    • Sephora at Kohl’s to Expand Sephora Presence to All 1,100+ Kohl’s Locations
    • Emma Watson to Front New Fragrance Campaign for Prada
    • The Estée Lauder Companies Delivers Strong Results in Fiscal 2022
    • Fastest-Growing Consumer Product Companies in the U.S.
    • Winky Lux is Among the Top 20 Fastest-Growing Beauty Companies
    View Breaking News >
    CURRENT ISSUE

    July/August 2022

    • Cosmoprof Bologna Welcomes Back the Beauty Industry
    • Stick Packaging: Stick Formats That Stack Up for Beauty
    • Reaping the Dividends of Customized Stock Packaging
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Icon Foods Appoints Operations and Marketing Leaders
    Annatto Tocotrienol Shown to Improve Weight Loss and Inflammation Markers in Patients with NAFLD
    GC Rieber VivoMega Continues to Find Operational Efficiencies, Minimize Environmental Impact
    Coatings World

    Latest Breaking News From Coatings World

    Birla Carbon, NREL Collaboration to be Presented at ACS Conference
    Coating Resins Market Worth $70.9 Billion by 2027: MarketsandMarkets
    PPG Appoints Brad Budde Vice President and Chief Digital Officer
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Solid Growth Forecast for Global Ostomy Devices Market
    KA Imaging's Reveal 35C Images Increase Lung Lesion Visibility
    Respira Technologies Appoints Brian Quigley as CEO
    Contract Pharma

    Latest Breaking News From Contract Pharma

    GRAM to Fill and Finish Smallpox/Monkeypox Vaccines
    bluebird bio Wins FDA Approval of ZYNTEGLO
    Pace Life Sciences Acquires Meridian BioGroup
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Sephora at Kohl’s to Expand Sephora Presence to All 1,100+ Kohl’s Locations
    Emma Watson to Front New Fragrance Campaign for Prada
    The Estée Lauder Companies Delivers Strong Results in Fiscal 2022
    Happi

    Latest Breaking News From Happi

    Amorepacific, MIT Develop World's First Chip-less Wireless Electronic Skin Enabled by Semiconductors
    Maesa Launches Itk Skincare with TikTok Stars Brooklyn and Bailey McKnight
    Skin Delivery Formulation
    Ink World

    Latest Breaking News From Ink World

    Xeikon to Introduce TITON Food-Safe Dry-Toner Technology at Labelexpo Americas 2022
    Smurfit Kappa Employees Charity Cycle Across Europe
    ProAmpac’s Rocky Mount, VA Facility Receives ISCC Plus Certification
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Techkon USA announces latest handheld spectrodensitometer
    Maxcess China now manufacturing solid dies in Huzhou
    Avery Dennison debuts new adhesive for wine and spirits
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    INDA Appoints Director of Membership and Industry Relations
    Nexwear Acquires Incontinence Products Brand Lily Bird
    Because Market Expands into Retail Stores
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Study: BONESUPPORT’s CERAMENT G Can Help Save Infected Limbs
    Zavation’s Cervical Intervertebral Body Fusion Device Cleared by FDA
    FDA Clears Accelus' Toro-L Interbody Fusion System
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    NREL, Birla Carbon Collaboration to be Shown at ACS Conference
    ORNL Celebrates Launch of Frontier, the World’s Fastest Supercomputer
    DuPont Names 2022 Lavoisier and Pedersen Award Medalists

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login