South Korea Perfume Market 2025

The South Korea perfume market is set to increase from USD 1,005.9 million in 2024 to USD 1,371.3 million by 2030, reflecting a CAGR of 5.3% over the 2025 to 2030 timeframe. South Korea’s perfume market is seeing strong growth, largely driven by the increasing influence of K-beauty trends and the country’s growing middle class. Younger consumers, particularly millennials and Gen Z, are more inclined to invest in luxury and niche fragrances as part of their personal grooming routines. Additionally, the expansion of e-commerce and beauty retailers is enhancing the accessibility of both international and local perfume brands, further driving the market’s development.

This report presents a thorough analysis and future outlook for the South Korea perfume market, covering historical data from 2020 to 2024 and forecasts up to 2030. It investigates market size, growth patterns, and segmented insights, revealing the trends transforming the industry. By dissecting critical aspects such as product type, price range, packaging and distribution channel, the report provides a comprehensive toolkit for understanding and capitalizing on market opportunities.

Market Segmentation

The South Korea perfume market is structured as follows:
Product type: men’s perfume, women’s perfume, unisex perfume
Price range: mass, premium
Packaging: glass bottles, plastic bottles, others (crystal, metal, etc.)
Distribution channel: beauty and personal care stores, department stores, direct selling, e-commerce, hypermarkets, others

In South Korea, the perfume market is segmented by product type, price range, packaging and distribution channel. By product type, the market includes men’s perfume, women’s perfume, and unisex perfume. Price range segments encompass mass, and premium. The packaging segmentation covers glass bottles, plastic bottles, and others (crystal, metal, etc.). Distribution channel segmentation comprises beauty and personal care stores, department stores, direct selling, e-commerce, hypermarkets, and others.

Competitive Landscape

Leading companies in the perfume market comprise VF Corporation, The Estee Lauder Companies Inc., Revlon Inc., PUIG SL, Natura & Co, LVMH Moet Hennessy Louis Vuitton SA (LVMH), Lush Retail Ltd., L’Oreal S.A., L’Occitane International S.A., LG Household & Health Care Ltd., Inter Parfums Inc., Hermes International SCA, Diptyque SA, Coty Inc., Chanel S.A. and Amorepacific Corporation.

The report provides a detailed assessment of prominent companies within the perfume market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Korea perfume market.
Gain in-depth analysis and forecasts for the key segments of the South Korea perfume market: product type, price range, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea perfume market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea perfume market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
South Korea Perfume Market – Product Type Analysis
South Korea Perfume Market – Price Range Analysis
South Korea Perfume Market – Packaging Analysis
South Korea Perfume Market – Distribution Channel Analysis
Company Shares Analysis
VF Corporation
The Estee Lauder Companies Inc.
Revlon, Inc.
PUIG SL
Natura & Co
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lush Retail Ltd.
L’Oreal S.A.
L’Occitane International S.A.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table South Korea Perfume Market 2020-2030
Chart South Korea Perfume Market, Net Growth, 2020-2030
Chart South Korea Perfume Market, Growth Rates, 2020-2030
Table South Korea Perfume Market by Product Type, 2020-2030
Chart South Korea Perfume Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Perfume Market by Product Type, 2020-2030
Table South Korea Perfume Market by Price Range, 2020-2030
Chart South Korea Perfume Market by Price Range, CAGR Historic and Forecast, 2020-2030
Chart South Korea Perfume Market by Price Range, 2020-2030
Table South Korea Perfume Market by Packaging, 2020-2030
Chart South Korea Perfume Market by Packaging, CAGR Historic and Forecast, 2020-2030
Chart South Korea Perfume Market by Packaging, 2020-2030
Table South Korea Perfume Market by Distribution Channel, 2020-2030
Chart South Korea Perfume Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Perfume Market by Distribution Channel, 2020-2030
Table South Korea Perfume Market Share (%), by Companies, 2020-2024
Chart South Korea Perfume Market, by Companies, 2024
Table South Korea Perfume Market Share (%), by Brands, 2020-2024
Chart South Korea Perfume Market, by Brands, 2024
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Perfume Market: Spend as a Proportion of GDP (%)
Table South Korea Perfume Market: Consumption per Capita (Population)

Companies Mentioned

VF Corporation
The Estee Lauder Companies Inc.
Revlon, Inc.
PUIG SL
Natura & Co
LVMH Moet Hennessy Louis Vuitton SA (LVMH)
Lush Retail Ltd.
L’Oreal S.A.
L’Occitane International S.A.
LG Household & Health Care, Ltd.
Inter Parfums, Inc.
Hermes International SCA
Diptyque SA
Coty Inc.
Chanel S.A.
Amorepacific Corporation