South Korea Fragrances and Perfumes Market Growth, Size, Trends Analysis - By Product, By Type, By Consumer Group, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
South Korea Fragrances and Perfumes Market Introduction and Overview
According to SPER market research, ‘South Korea Fragrances and Perfumes Market Size- By Product, By Type, By Consumer Group, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the South Korea Fragrances and Perfumes Market is predicted to reach USD 834.59 Million by 2033 with a CAGR of 5.49%.
Fragrances and perfumes have distinctive scents that enhance emotional expression and encourage individual expression because of complex mixtures of aromatic compounds. Typically consisting of essential oils, smell compounds, solvents, and fixatives, they can be classified as fruity, floral, woody, or oriental, each with its own distinct characteristics and appeal.
The COVID-19 epidemic had a major effect on South Korea’s fragrance and perfume industry by changing customer buying habits. Social isolation and lockout procedures initially caused fewer customers to enter retail establishments, which decreased sales. For personal care products, many customers resorted to online purchasing, which fueled the expansion of e-commerce platforms.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Type, By Consumer Group, By Distribution Channel
Regions covered Eastern Region, Western Region, Southern Region, Northern Region
Companies Covered Bulgari S.p.A, Burberry Limited, CHANEL, Christian Dior SE, ELCA Korea Co., Ltd., Gianni Versace S.r.l., PUIG, S.L., The Estée Lauder Companies Inc., Tom Ford International Llc, Others.
South Korea Fragrances and Perfumes Market Segmentation:
By Product: Based on the Product, South Korea Fragrances and Perfumes Market is segmented as; Parfum or Extrait, Eau de Parfum (EDP), Eau de Toilette (EDT), Others.
By Type: Based on the Type, South Korea Fragrances and Perfumes Market is segmented as; Natural, Synthetic.
By Consumer Group: Based on the Consumer Group, South Korea Fragrances and Perfumes Market is segmented as; Men, Women, Unisex.
By Region: This research also includes data for Eastern, Western, Northern, Southern.