Antiaging Cosmeceuticals in Korea and Open Innovation in the Era of the 4th Industrial Revolution: From Research to Business

Abstract

The importance of the healthcare industry has increased and it has thrived, although the cosmetic industry of Korea has been in depression. A recently issued group of items in Korea, 'cosmeceuticals', is defined as a combination of pharmaceuticals and cosmetics proven to have medical effectiveness. Antiaging cosmeceuticals in Korea have performed well in terms of expanding business by combining with beauty services, so they are viewed as high-valued items. This fact supports the evidence that there are various studies on cosmeceuticals. Therefore, this paper shows that the global status and growth potential of cosmeceuticals are documented and the concepts of the application of the demonstration complex and open innovation will be linked together based on research of antiaging cosmeceuticals in Korea for an aging society. This paper intends to provide the basic information for forming a 'lab to market' which connects the future cosmeceutical laboratory to the market.

The Impact of Herbal Products in the Prevention, Regeneration and Delay of Skin Aging

“…Such products are used to resolve facial aging problems, in particular wrinkles, mottled pigmentation, roughness of skin, rhytides, erythema, skin tone loss, dryness, sallowness, furrows, solar elastosis and black spots. The bioactive ingredients can comprise sunscreens and antioxidants to enhance the protection level of the skin against ROS and thus prevent photodamage and improve skin malignancies [74][75][76][77].…”

“…These products are often intended for daily use and thus the efficacy and safety aspects must be guaranteed. Apart from this requirement, there are several things about the quality that must also be fulfilled, such as it should not be irritative, it should be suitable for various or selected skin types [74,76,77].…”

“…In order to meet these consumer demands, the cosmeceutical is aiming for product specifications with higher efficacy, immediate effects and guaranteed levels of safety. Firstly, the material should have complete function in the form of natural product extracts, active compound isolates or synthesized or semi-synthesized compounds [25,77]. Secondly, there is the need for development of new technologies for transdermal delivery systems so that the active ingredients can easily and quickly traverse the skin.…”

Customer Happiness and Open Innovation in the Esthetics Education for the Elderly Generation

“…As society becomes more sophisticated, new consumption trends lead to well-being, emotions, etc. Therefore, consumers are interested in physical and mental health, while at the same time the demand for beauty is diversifying [13]. In line with this trend, the Korean government established a policy to foster the beauty industry, and in 2009, studies were conducted in accordance with the government's beauty industry development policy, including the "Beauty Reinforcement of Beauty Industry Competitiveness" [14].…”

Development of Ultrasound-Assisted Extraction to Produce Skin-Whitening and Anti-Wrinkle Substances from Safflower Seed

“…Recently, as living standards have improved and interest in health and beauty has increased, the demand for functional cosmetics that not only improve skin health and beauty but also delay skin aging is increasing rapidly [1,2]. Consumer preferences for functional cosmetics have led to changes such that convenience and functionality are emphasized and new types of cosmetics, such as multifunctional cosmetics, are increasingly being preferred [3].…”