SignalKorea
Korean sunscreens go global as Kolmar-Goodai sales hit 100m
Korean sunscreens go global as Kolmar-Goodai sales hit 100m
Context
What happened: Sunscreens developed through a partnership between Kolmar Korea and Goodai Global surpassed 100 million units in cumulative sales over five years, a milestone reached in March.
Key numbers: 100 million units over five years; reached in March; Beauty of Joseon's Relief Sun ranked No.
Why it matters: The companies attribute the global growth of Korean sunscreens to Kolmar Korea's long-term research and ODM capabilities, and the company says it will continue investing in R&D to expand overseas and strengthen K-beauty's competitiveness.
What changed
Sunscreens developed through a partnership between Kolmar Korea and Goodai Global surpassed 100 million units in cumulative sales over five years, a milestone reached in March.
Why it matters
The companies attribute the global growth of Korean sunscreens to Kolmar Korea's long-term research and ODM capabilities, and the company says it will continue investing in R&D to expand overseas and strengthen K-beauty's competitiveness.