The Ministry of Health and Welfare announced on June 19, 2026, the opening of the third K-Beauty Play location in Busan’s Seo-myeon, a significant step in fostering domestic small and medium-sized enterprise (SME) cosmetics brands and enhancing their global reach. This experiential exhibition space aims to serve as a comprehensive platform for local brands, providing various beauty experiences that resonate with both domestic consumers and international tourists.
Having previously opened branches in Myeongdong and Hongdae in 2021 and 2024, respectively, K-Beauty Play has successfully attracted over 480,000 visitors, with approximately 130,000 engaging in hands-on beauty experiences. Notably, 74.6% of these participants—about 98,000—were international tourists, indicating a strong appeal beyond local consumer segments. The opening of the Busan location expands the visibility and engagement opportunities for regional brands, strategically positioning them within a growing tourism hub.
With the Busan outlet showcasing over 50% of its brands from firms located south of the Chungcheong region, this initiative not only elevates local brand recognition but also actively supports their potential international expansion. This strategic move underscores the government’s commitment to decentralizing K-beauty experiences, thereby enabling broader market access and collaboration among regional players.
The opening ceremony featured remarks from Lee Hyung-hoon, the Deputy Minister of Health and Welfare, who emphasized the pivotal role of innovative SMEs in propelling K-beauty's position as the second-largest cosmetics export market globally. His statements reflect a commitment from the government to enhance support mechanisms for small brands, which are crucial for elevating Korea's competitive edge in the global beauty landscape.
Moreover, the event included a series of programs such as skin assessment, makeup experiences, and personal color diagnosis, designed to connect visitors with products while fostering a deeper understanding of brand offerings. Following the ceremonial opening, discussions with local cosmetics companies focused on exploring strategies to invigorate the regional cosmetics sector and enhance export competitiveness, signaling a collaborative approach to industry growth.
The launch of K-Beauty Play in Busan marks a significant development for the Ministry of Health and Welfare's ongoing efforts to bolster the competitiveness of regional cosmetics businesses on a global scale. By integrating export support initiatives with local market engagement, the ministry aims to facilitate broader acceptance of K-beauty products across international markets, potentially leading to enhanced revenue streams for involved companies.
In summary, the Busan opening is not merely an expansion of physical space but a strategic investment in the future of K-beauty. This initiative serves as an industry signal of the governmental body's intention to enhance the K-beauty ecosystem, fostering a robust network that supports both local innovation and global outreach.