
“B the B,” established by the Seoul Metropolitan Government inside DDP (Dongdaemun Design Plaza), is a comprehensive beauty and cultural space where visitors can experience a wide range of corporate products. Since consumers can try the products firsthand and proceed to purchase them on-site, the space is gaining attention as a sustainable growth strategy for K-beauty.
The Korean cosmetics industry has achieved remarkable success in recent years.In 2024 alone, cosmetics exports reached 10.2 billion USD, marking a 20.6% increase from the previous year and setting a record-high performance.
The total production value was also estimated at around 17 trillion KRW.In particular, during the first half of this year, exports reached 5.5 billion USD, representing a 14.8% increase from the same period last year—the highest figure ever recorded.
Although K-beauty has gained strong recognition for its competitiveness in the global market, it is becoming increasingly clear that sustainable growth cannot be secured by relying on a single industry alone. Ensuring long-term competitiveness has therefore become a major challenge for the entire sector. In particular, factors such as intensified competition, weakened brand differentiation, stricter regulations, and shifting consumer standards have emerged as key risk elements.
In the past, Japan’s beauty industry (J-beauty) also demonstrated strong performance in the premium market, grounded in its traditional beauty culture and refined skincare philosophy.However, unlike K-beauty, it faced limitations in achieving explosive global popularity.The lack of consumer engagement and integration with cultural content prevented it from creating the kind of widespread cultural impact seen in the “popular Korean Wave (Hallyu).”
This case offers a clear direction for K-beauty’s continued competitiveness.The Dongdaemun area, once known primarily as a fashion hub, is now expanding into a space that integrates beauty, fashion, and lifestyle. In other words, for K-beauty to ensure sustainable success, it must pursue organic connections with diverse forms of cultural content.
Creating spaces where consumers can see, touch, and spend time is also essential.For today’s experience-oriented consumers, companies must offer more than a simple showroom displaying products—they need to provide a “meaningful experience” that connects beauty with culture. When these offline experiences are seamlessly integrated with online platforms, they can naturally lead to enhanced consumer engagement and purchase behavior.
“B the B,” established by the Seoul Metropolitan Government within DDP (Dongdaemun Design Plaza), serves as a representative example of this emerging trend.It operates as a multifunctional platform featuring ▲pop-up stores and exhibitions for domestic small and medium-sized beauty brands, ▲collaborations with influencers and creators, and ▲test-bed and experiential marketing programs. More than just an exhibition space, it distinguishes itself by functioning as an experimental hub that fosters cross-industry collaboration.
B the B is a comprehensive beauty and cultural complex where visitors can experience products from a wide range of promising beauty companies. The space is designed as a place for consumers to stay, engage, and experience, with rotating pop-ups, exhibitions, and content themes that keep the experience fresh and dynamic. It includes zones such as the Brand Lounge, Tech Lounge, and Communication Lounge, offering advanced technology-based services such as AI-powered skin analysis, virtual hairstyle simulations, and personal color analysis.
Furthermore, B the B aims to function not merely as a showroom but as a hub connecting brands and consumers, the city and beauty. Through pop-up exhibitions of brands that are not easily accessible elsewhere, consumers can experience products firsthand and then purchase them via QR codes on-site. It also provides a collaborative space for influencers and creators to engage in marketing activities.Positioning itself as a “brand incubator” that fosters corporate identity and market connectivity, B the B serves as a launchpad for global expansion in the K-beauty industry.
Overseas examples include Omotesando Hills in Tokyo and Galeries Lafayette in Paris, both serving as integrated hubs of fashion, beauty, and lifestyle that have driven the global expansion of their local industries. Similarly, Dongdaemun, once the stronghold of K-fashion, is now evolving into a comprehensive platform that encompasses K-beauty and the broader lifestyle sector. Looking ahead, it is expected to further expand into a multilayered industrial ecosystem through connections with K-pop, K-tech, and other cultural domains.
K-beauty now stands at a crossroads—facing unprecedented opportunities as well as significant challenges. It is time for the industry to evolve into a lifestyle brand
platform that organically integrates Korea’s cultural assets such as K-pop, K-fashion, K-health, and K-tech, embedding itself more deeply into consumers’ everyday lives.As the case of J-beauty illustrates, only by building an ecosystem where culture and consumption mutually reinforce each other can K-beauty move beyond the Korean Wave to establish itself as a truly global lifestyle brand.