South Korea Perfume Market Size & Outlook, 2025-2030
The perfume market in South Korea is expected to reach a projected revenue of US$ 681.8 million by 2030. A compound annual growth rate of 7.6% is expected of South Korea perfume market from 2025 to 2030.
Revenue, 2024 (US$M)
$437.4
Forecast, 2030 (US$M)
$681.8
CAGR, 2025 - 2030
7.6%
Report Coverage
South Korea
Global Market
Related Markets
South Korea perfume market highlights
- The South Korea perfume market generated a revenue of USD 437.4 million in 2024 and is expected to reach USD 681.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, premium was the largest revenue generating product in 2024.
- Premium is the most lucrative product segment registering the fastest growth during the forecast period.
Perfume market data book summary
| Market revenue in 2024 | USD 437.4 million |
| Market revenue in 2030 | USD 681.8 million |
| Growth rate | 7.6% (CAGR from 2025 to 2030) |
| Largest segment | Premium |
| Fastest growing segment | Premium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium |
| Key market players worldwide | Avon Products, Coty Inc Class A, Lvmh Moet Hennessy Louis Vuitton SE, The Estee Lauder Companies Inc Class A, Revlon, Puig Brands SA Ordinary Shares - Class B, L'Oreal SA, Shiseido Co Ltd, Givaudan SA, Kering SA |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global perfume market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China perfume market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,079.1 million by 2030.
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Publish Date: Nov 11, 2025
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Perfume Market Scope
Perfume Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Coty Inc Class A | View profile | 11,350 | 350 Fifth Avenue, New York, NY, United States, 10118 | www.coty.com |
| Shiseido Co Ltd | View profile | 35,859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.shiseido.co.jp |
| L'Oreal SA | View profile | 94,605 | 41, Rue Martre, Clichy Cedex, Paris, France, 92117 | www.loreal.com |
| The Estee Lauder Companies Inc Class A | View profile | 62,000 | 767 Fifth Avenue, New York, NY, United States, 10153 | www.elcompanies.com |
| Kering SA | View profile | 49,000 | 40 Rue de Sevres, Paris, France, 75007 | www.kering.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192,346 | 22, Avenue Montaigne, Paris, France, 75008 | www.lvmh.com |
| Givaudan SA | View profile | 16,263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | www.givaudan.com |
| Puig Brands SA Ordinary Shares - Class B | View profile | - | Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, Spain, 08902 | www.puig.com |
| Avon Products | View profile | 10001+ | London, England, United Kingdom, Europe | www.avon.co.in |
| Revlon | View profile | 1001-5000 | New York, New York, United States, North America | www.revlonanz.com |
South Korea Perfume 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 Perfume Market Outlook will help companies and investors design strategic landscapes.
Premium was the largest segment with a revenue share of 60.75% in 2024.
Horizon Databook has segmented the South Korea perfume market based on mass, premium covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Perfume Market Product Outlook (Revenue, USD Million , 2018-2030)
- Mass
- Premium
- South Korea Perfume Market End-User Outlook (Revenue, USD Million , 2018-2030)
- Men
- Women
- Unisex
- South Korea Perfume Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Offline
- Online
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Perfume Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Perfume Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Perfume Market, 2018-2030 (US$M)
South Korea Product - Perfume Market Statistics, 2024 - 2030 (US$M)
