It was always inevitable that the booming K-beauty market would become a prime target for beauty dupes – and, increasingly in 2026 – outright counterfeits.
The value of the global South Korean beauty market has skyrocketed in recent years, surpassing US$15.4bn in 2026, and predicted to increase by 36% to US$ 21bn by 2030, according to data from Knok Global, a B2B sourcing platform for connecting with verified K-Beauty brand owners.
With such a monolithic presence and influence, it was natural for brands, whether legitimate or not, to want to capture a piece of the pie and tap into the insatiable consumer demand.
This has seen the likes of LVMH-owned beauty retailer Sephora penning a “strategic” omnichannel partnership with Korea’s top beauty and health retailer CJ Olive Young, debuting this autumn, to secure a foothold in the country.
