K-Filler! Advancing to the Global Stage! Let's Go Global! K-Filler's Global Expansion!

K-Filler Going Global

Samyang Holdings targets Indonesia and China.

Hugel, Sizibaio, and Bioplus are expanding beyond Asia to Europe, the Middle East, and South America.

​

-Domestic filler market size: KRW 140-160 billion

-China's medical beauty market size is expected to reach KRW 61 trillion this year.

Sizibaio

• Obtained Australian approval for its HA filler 'Eileen'.
• Has advanced into approximately 31 countries globally.
• Australia's cosmetic surgery market was approximately KRW 5 trillion in 2022.
  

Bioplus

• HA filler 'Dermal Filler'
• -Completed product registration in Brazil and is scheduled for sales.
  
• -Product registration has already been completed in major South American countries such as Argentina, Peru, Colombia, and Ecuador, and the company has entered these markets.

Humedix

• Developing the Chinese, Brazilian, and South American markets.
• Subsidiary of Huons Global.

Samyang Holdings

• High-end filler market (PCL) 'Lapuller'
• -Contains a polymer substance, resulting in a duration of over two years. It is said to last more than twice as long as hyaluronic acid.
  
• -Presented research results demonstrating long-term efficacy and safety in SCI-level international academic journals, gaining recognition for the product's excellence.
  
• The only domestic PCL filler supplier, with only two products, Sinclair's 'Ellanse' from the UK, also being available.
  
• The polymer filler market accounts for about 10% of the overall filler market. It is a non-reimbursable item. The price is also higher than HA.
  
• -Completed product registration in Indonesia in April 2023 and launched in June.​
• -In May 2023, a partnership agreement was signed with Hangzhou Yishinten Technology, a medical device and aesthetics specialist in China.

Written by 2023.12.13