South Korea Consumer Packaged Goods Market Size & Outlook
The consumer packaged goods market in South Korea is expected to reach a projected revenue of US$ 147,623.9 million by 2033. A compound annual growth rate of 4.3% is expected of South Korea consumer packaged goods market from 2025 to 2033.
South Korea consumer packaged goods market highlights
The South Korea consumer packaged goods market generated a revenue of USD 101,677.8 million in 2024 and is expected to reach USD 147,623.9 million by 2033.
The South Korea market is expected to grow at a CAGR of 4.3% from 2025 to 2033.
In terms of segment, food was the largest revenue generating product in 2024.
Health & Wellness is the most lucrative product segment registering the fastest growth during the forecast period.
Consumer packaged goods market data book summary
Market revenue in 2024
USD 101,677.8 million
Market revenue in 2033
USD 147,623.9 million
Growth rate
4.3% (CAGR from 2025 to 2033)
Largest segment
Food
Fastest growing segment
Health & Wellness
Historical data
2021 - 2023
Base year
2024
Forecast period
2025 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Personal Care, Home Care, Health & Wellness, Food, Beverages
Key market players worldwide
Unilever, Procter & Gamble Co, Nestle SA, PepsiCo Inc, The Coca-Cola Company, Colgate-Palmolive Co, Danone SA, Savola Group, Arla Foods, Almarai
Other key industry trends
In terms of revenue, South Korea accounted for 1.9% of the global consumer packaged goods market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Asia Pacific, China consumer packaged goods market is projected to lead the regional market in terms of revenue in 2033.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 331,197.6 million by 2033.
South Korea Consumer Packaged Goods Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Consumer Packaged Goods Market Outlook will help companies and investors design strategic landscapes.
Food was the largest segment with a revenue share of 45.79% in 2024.
Horizon Databook has segmented the South Korea consumer packaged goods market based on personal care, home care, health & wellness, food, beverages covering the revenue growth of each sub-segment from 2021 to 2033.
South Korea Consumer Packaged Goods Market Product Outlook (Revenue, USD Million , 2021-2033)
Personal Care
Home Care
Health & Wellness
Food
Beverages
Others
South Korea Consumer Packaged Goods Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
Offline
Online
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Consumer Packaged Goods Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Consumer Packaged Goods Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Consumer Packaged Goods Market, 2021-2033 (US$M)