Provided is a cosmetic container having retractable nozzle. The cosmetic container having retractable nozzle, when a button member is pressed, enables a guide protrusion of an outer nozzle to move along a guide groove of a guide member such that the outer nozzle moves forward while the height thereof does not change and is withdrawn through an inlet/outlet hole of a supporting body, and then enables a pumping operation of a pumping member so as to discharge content, thereby allowing the content to be easily applied to an exact position and preventing the contamination of the container.