Korea Fragrance Market Size & Outlook, 2025-2033
Korea Fragrance Market Insights
- Based on Deep Market Insights findings, the Korea Fragrance Market reached USD 0.54 Billion in 2024 and is estimated to attain USD 0.82 Billion by 2033.
- From 2025 to 2033, the Korea market is expected to grow at a steady CAGR of 4.76%.
- Within the Product category, Perfumes dominated in 2024 in terms of market size contribution.
- Over the forecast period, Deodorants is forecasted to deliver the fastest growth, positioning it as the most lucrative Product segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Korea accounted for 0.94% of the global Fragrance Market size.
- By 2033, United States is expected to lead the global Fragrance Market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional Fragrance Market size by 2033.
- India is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 3.18 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 0.54 Billion |
| Market Size In 2033 | USD 0.82 Billion |
| Largest segment | Perfumes |
| Units | Revenue in USD Billion |
| CAGR | 4.76% (2025-2033) |
| Segmnetation Covered | |
| Product |
|
| Distribution |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Fragrance Market Product 2025-2033 (USD Billion)
| Product | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Perfumes | XX.x | XX.x | XX.x | 0.24 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Deodorants | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Body Mists | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Fragrance Market Distribution 2025-2033 (USD Billion)
| Distribution | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online | XX.x | XX.x | XX.x | 0.32 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Specialty Stores | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.