HANKOOK Cosmetics Manufacturing, Former Biggest Competitor of Amorepacific

#6 HANKOOK Cosmetics Manufacturing 한국화장품제조



#Brief History of HANKOOK Cosmetics Manufacturing

HANKOOK Cosmetics Manufacturing (website) is a manufacturing subsidiary of HANKOOK Cosmetics (한국화장품) which was established by two co-founders Kim Nam-Yong and Im Gwang-Jeong in 1962.

The former chairman Im Gwang-Jeong, from Gaeseong in North Korea, used to work for a pharmaceutical company as a salesperson and visited Japan several times.

As he realized that cosmetics industry could grow in Korea, he offered his close friend Kim Nam-Yong who was running a distillery and a rice mill to start a cosmetics business.

Since then they have been running its company HANKOOK Cosmetics as one of the biggest cosmetics company in Korea and they also established another big company HANBUL Cosmetics (running It's Skin) in 1989 as well.

Although those 2 have passed away already, Kim Nam-Yong and Im Gwang-Jeong then had become a family-in-law and their descendants still run the business together.



▲ HANKOOK Cosmetics's best selling brand "JUTANHAK (쥬단학)" in 1960's. The brand is still available now.

Along with Amorepacific, HANKOOK Cosmetics had been one of the 2 biggest cosmetics company in Korea with its mega-bestselling brands JUTANHAK(쥬단학). However, after the huge change on Korean beauty industry done by Missha's extraordinary growth with its "Road-Shop Brand" business model, HANKOOK Cosmetics experienced such a tough time in its business as they had kept their business model such as direct sales or sales through cosmetics retailers. 

"In the time, beauty industry was changing dramatically. Our competitors had divided their business unit by function like manufacturing, marketing, or retailing. However, HANKOOK cosmetics was just doing its business as usual: direct sales and prestige products at higher prices. (Lee Yong-Jun, CEO of HANKOOK Cosmetics)"

HANKOOK Cosmetics decided to establish a manufacturing business so that it can solely run its own business not only with HANKOOK's existing brands but with other brands.
Now HANKOOK Cosmetics Manufacturing produces for many different brands including its own brand The Saem and other brands such as AHC, ETUDE HOUSE, CLIO, April Skin, etc.
▲ HANKOOK Cosmetics Manufacturing's Factory in Eumseong, Chungcheongbuk-do

As HANKOOK Cosmetics has always focused on cosmetics, they have improved their manufacturing quality and technology for over 60 years.

They have featured CGMP and ISO-certified manufacturing facilities and have several technology license contracts with beauty giants such as Loreal (1980), Lancome (1981), and Intercos (1993).

HANKOOK Cosmetics is the company that launched Sunscreen functional cosmetics in Korea and it has contributed all Korean beauty & cosmetics industry to improve its standard quality as well.
▲ HANKOOK Cosmetics Manufacturing's facilities

As mentioned earlier, HANKOOK Cosmetics run its own brands such as the SAEM, Jutanhak, etc. but they do not manufacture only for their brands but they manufacture for many other brands (Not like COSVISION manufacturing only for Amorepacific brands).
Lee Yong-Jun, current CEO of HANKOOK Cosmetics and the grand son of its two founders, said that they were going to expand the HANKOOK Cosmetics Manufacturing's business area a lot further later on.

"When we ran only for our brands, there were so many excellent products that were silently gone without proper marketing and retail supports. Now, with our ODM business, we can work with many other brands and provide a lot more products to customers, which help our business scale and help us learn the market and industry better."

HANKOOK Cosmetics Manufacturing recorded US$ 60 million sales in 2017 and they see over US$ 100 million sales in 2018 and close to US$ 200 million in 2020.
▲ Lee Yong-Jun, CEO of HANKOOK Cosmetics & HANKOOK Cosmetics Manufacturing



# Products Manufactured by HANKOOK Cosmetics Manufacturing


1. CLIO - Kill Cover Conceal Cushion
▲ CLIO's best selling cushion foundation, Kill Cover Cushion
CLIO's recent successes are mostly driven by this Kill Cover Conceal Cushion manufactured by HANKOOK Cosmetics Manufacturing.
Its high coverage yet smoothly applied texture prove how excellent HANKOOK can make a cushion foundation product.


2. APRIL SKIN - Magic Snow Cushion
▲ APRIL SKIN's 2nd best seller, Magic Snow Cushion
Magic Snow Cushion produced by HANKOOK also has helped APRIL SKIN become a popular cosmetics brand in the globe.
HANKOOK Cosmetics Manufacturing participated in production of APRIL SKIN's earlier products and now they produce many products of APRIL SKIN's second brand "MEDI CUBE" as well.


3. KLAVUU - Urban Pearlsation High Coverage Tension Cushion 
▲ Pearl-based cushion foundation of KLAVUU, so called "Actress Cushion"
Pearl-based cosmetics brand KLAVUU also launched a cushion foundation with HANKOOK Cosmetics Manufacturing and it is now very popular among those TV shopping channels in Korea with its pet name "Actress's Cushion".
Pearlsation Tension Cushion delivers high coverage yet smooth texture that helps create glowing skin texture. 


4. AHC - Natural Plus Sunstick 
▲ AHC's mega hit product in Korea in 2017, Natural Plus Sunstick
As the first company manufacturing Sunscreen functional product, one of the HANKOOK's expertise is UV protector.
AHC's sunstick was such a huge hit in 2017 in Korea and its manufacturer HANKOOK Cosmetics Manufacturing showed its ability to make such an excellent quality sunscreen.


5. the SAEM - Urban Eco Harakeke Cream 
▲ Unique ingredient Harakeke-based moisturizing cream
the SAEM is a brand run by HANKOOK Cosmetics and it HANKOOK Cosmetics Manufacturing produces many of the brand's products.
The cream is hypoallergenic ingredient Harakeke extract based and it moisturizes skin fully with its quite lightweight texture.


6. ETUDE HOUES - Active Proof Cool Down Soothing Gel
▲ ETUDE HOUSE's 2018 summer targeted Active Proof line's soothing gel
ETUDE HOUSE's 2018 summer collection Active Proof's soothing gel was produced by HANKOOK Cosmetics Manufacturing.
This cooling soothing gel has a roller applicator to apply easily and clearly with its naturally derived cooling ingredients such as Aloe, Broccoli, Tangerine, Green Tea, etc.
It seems quite funny that Amorepacific and HANKOOK used to be the biggest competitors each other and now they can collaborate.


As HANKOOK Cosmetics has run its busienss over 60 years, it is very important for Korean beauty industry to keep and share their experiences, skills, and abilities.
Just like the CEO said, I hope that HANKOOK can keep producing many products for many brands and improving their technologies continuously so that the whole Korean beauty industry also could improve better later on.



# List of Items produced by HANKOOK Cosmetics Manufacturing

Brand
Product
Link
The SAEM
Urban Eco Waratah Toner
The SAEM
Urban Eco Waratah Eye Cream
The SAEM
Urban Eco Waratah Ampoule
The SAEM
Urban Eco Waratah Sleeping Mask
The SAEM
Urban Eco Waratah Light Cream
The SAEM
Urban Eco Waratah Red Energy Oil
The SAEM
Urban Eco Waratah Cream
The SAEM
Urban Eco Waratah Essence Lotion
The SAEM
DERMA PLAN Sensitive Soothing Treatment
The SAEM
DERMA PLAN Ultra Balm Cream
The SAEM
DERMA PLAN Balancing Moisturizer
The SAEM
DERMA PLAN Soothing Toner
The SAEM
Urban Eco Harakeke Whitening Cream
The SAEM
Urban Eco Harakeke Whitening Essence
The SAEM
Urban Eco Harakeke Fresh Toner
The SAEM
Urban Eco Harakeke Fresh Cream
The SAEM
Urban Eco Harakeke Foam Cleanser
The SAEM
Urban Eco Harakeke Toner
The SAEM
Urban Eco Harakeke Cream
The SAEM
Urban Eco Harakeke Essence
The SAEM
Urban Eco Harakeke Emulsion
The SAEM
Urban Eco Harakeke Ampoule
The SAEM
Urban Eco Harakeke Root Sleeping Mask
The SAEM
Urban Eco Harakeke Root Deep Cream
The SAEM
Mervie Aquaura Serum
The SAEM
Mervie Aquaura Cream
The SAEM
Mervie Hydra Serum
The SAEM
Mervie Hydra Emulsion
The SAEM
Mervie Hydra Toner
The SAEM
Mervie Hydra Intensive Cream
The SAEM
Mervie Hydra Cream
The SAEM
The Essential Galactomyces First Essence Special Set
The SAEM
The Essential Galactomyces First Essence Special Set - Light
The SAEM
ECO ENERGY Mild All In One Fluid
The SAEM
ECO ENERGY Mild Emulsion
The SAEM
ECO ENERGY Mild Toner
The SAEM
ECO ENERGY Mild Cleansing Foam
The SAEM
Calamansi Pore Freshner
The SAEM
Calamansi Pore Tightener
The SAEM
Iceland Hydrating Soothing Gel
MAXCLINIC
Vitamin Spa Cleanser
MAXCLINIC
Rose Vitamin Spa Cleanser
MAXCLINIC
Royal Caviar Spa Cleanser
MAXCLINIC
Fingerlime Vitamin Spa Cleanser
MAXCLINIC
Refining Truffle Spa Cleanser
MAXCLINIC
Purifying Vitamin Oil Foam
MAXCLINIC
Lux Addition Intensive Cream
MAXCLINIC
Cirmage Advanced Cream
MAXCLINIC
Vita Serum Whitening Ampoule
MAXCLINIC
Caviar Propolis Ampoule
MAXCLINIC
Fingerlime Vitamin Ampoule
MAXCLINIC
Collagen 80 Mist Serum
MAXCLINIC
Intensive Collagen Ampoule
MAXCLINIC
Lux Addition Intensive Toner & Emulsion
MAXCLINIC
Vita Toning 28 Drop Ampoule
MAXCLINIC
Collagen EX Treatment Essence
MAXCLINIC
Centella 28 Drop Ampoule
MAXCLINIC
Blooming White Vitamin Ampoule
MAXCLINIC
Peptide 28 Drop Ampoule
MAXCLINIC
Tone Up BB Cushion
MAXCLINIC
Face Spa Collagen Firming Mask
MAXCLINIC
Face Spa Luminous Pearl Mask
MAXCLINIC
Gold Triple Herbal BB SPF42
MAXCLINIC
Age Defying Intensive Toner
MAXCLINIC
Age Defying Intensive Emulsion
MAXCLINIC
Age Defying Intensive Cream
MAXCLINIC
Propolis Black Mask
MAXCLINIC
Meso Change Program (Ampoule)
MAXCLINIC
Deep & Deeper Meso Change Ampoule
MAXCLINIC
Hyaluronic Acid Vita Oil Foam
MAXCLINIC
Lime Caviar Oil Foam Vitamin Edition
MAXCLINIC
Vita Lift Nourishing Ampoule
MAXCLINIC
Water Lift Moisture Ampoule
MAXCLINIC
Most White Radiance Toner & Emulsion
MAXCLINIC
Collagen Intensive Ampoule
MAXCLINIC
Skin Cover Pact
MAXCLINIC
Collagen Recover Pact
MAXCLINIC
Collagen Energy Essence
MAXCLINIC
Cirmage Lifting Stick
MAXCLINIC
Ecoglam Cica Cure Stick
MAXCLINIC
Ecoglam Cica Cure Cream
MAXCLINIC
Ultra Moisture Cream
MAXCLINIC
Ceramide Facial Cream
MAXCLINIC
Pro Edition Hydro Firming Gel Toner
MAXCLINIC
Pro Edition Hydro Firming Gel Cream
ETUDE HOUSE
Active Proof Cool Down Soothing Gel
ETUDE HOUSE
Active Proof Liquid Fitting Base SPF50+
ETUDE HOUSE
Double Bubble Foam
ETUDE HOUSE
Big Cover Pot Concealer PRO
ETUDE HOUSE
Any Concealer Balm
ETUDE HOUSE
Any Cheek Balm
ETUDE HOUSE
Dead Skin Cell T.A.P.A. Peeling Mask - AHA
Skinzen
Ecoglam Sunstick Plus SPF50+
Skinzen
Ecoglam Sun Cushion SPF50+
MEDICUBE
Red Erasing Cream
MEDICUBE
Red Cushion
MEDICUBE
Red Concealer
SCINIC
Coconut Moist Toner
SCINIC
Coconut Moist Cream
SCINIC
Coconut Moist Oil
SCINIC
Coconut Aqua Toner
SCINIC
Coconut Aqua Gel Cream
SCINIC
Enjoy All Round Airy Sun Stick SPF50+
SCINIC
Enjoy Safety Sun Stick SPF50+
SCINIC
Propolis Energy Serum
SCINIC
Propolis Energy Lotion
CLIO
Kill Cover Conceal-dation SPF45
CLIO
Kill Cover Conceal-dation Stick SPF50+
CLIO
Kill Cover Pot Concealer
CLIO
Kill Cover Conceal Cushion SPF45
CLIO
Kill Cover Liquid Concealer
CLIO
Nudism Water Grip Brightener SPF30
CLIO
Nudism Water Grip Cushion SPF50+
SKIN79
Super + O2 BB Cleanser
SKIN79
Injection Cushion SPF50+
SKIN79
Jamsu Cushion SPF50+
SKIN79
Watery Pact SPF50+
AHC
Natural Perfection Aqua Sun Spray SPF50+
AHC
Natural Perfection Sun Stick SPF50+
A,TRUE
Violet Petal Black Tea Hydrating Toner
TOO COOL FOR SCHOOL
Pumpkin Slim Body Shaper
TOO COOL FOR SCHOOL
Art Class By Rodin Nouvelle Eponge SPF50+
TOO COOL FOR SCHOOL
Aqua Gel Mist
TOO COOL FOR SCHOOL
Art Class Concealed Creme
SNP
Daily Sun Care UV Shield Screen
WAKE MAKE
Defining Cover Concealer
WAKE MAKE
Defining Cover Conceal Pot
Hanskin
Light Moolbalm
Hanskin
Ink Bag Cushion
IPKN
Tone Up Cover Cushion SPF50+
IPKN
Skinny Fit Cover Cushion SPF50+
SAMPAR
Addict Pink Tone Up Sun Cushion SPF50+
KLAVUU
Urban Pearlsation High Coverage Tension Cushion SPF50+
Secret Key
Iceland Hyaluron Soothing Gel
Secret Key
Tattoo Cover Cushion SPF47
Secret Key
Snow White Color Tone Up Cream
Secret Key
Cover Up Skin Perfector BB Cream SPF30
Pony Effect
Cover Up Pro Concealer
Dr.Ato
Silky Sun Stick SPF50+

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