The South Korea market size for fragrances and perfume reached a value of more than USD 456.43 Million in 2024. The South Korea fragrances and perfume industry is expected to grow at a CAGR of 6.30% between 2025 and 2034, reaching a value of USD 840.83 Million by 2034.

The South Korean perfume market shrank to $198M in 2024, waning by -5.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +6.0% over the last twelve years.

Comprehensive dataset of 120 Cosmetics and perfumes suppliers in South Korea as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

The revenue in the 'Cosmetics' segment of the beauty & personal care market in Indonesia was forecast to continuously increase between 2023 and 2028 by in total ***** million U.S. dollars (+**** percent). After the ****** consecutive increasing year, the indicator is estimated to reach *** billion U.S. dollars and therefore a new peak in 2028. Find further information concerning the revenue in the beauty & personal care market in Vietnam and the revenue in the beauty & personal care market in South Korea.

In 2023, imports of perfumes and toilet waters into South Korea shrank to 3.7K tons, with a decrease of -6.1% compared with 2022 figures.

Comprehensive dataset of 29 Cosmetics and perfumes suppliers in Gyeonggi- do, South Korea as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Perfume Market to rise from USD 65.8 Bn in 2025 to USD 120.5 Bn by 2035, at a 5.1% CAGR, driven by lifestyle shifts, higher incomes, and luxury grooming demand.

The revenue in the 'Fragrances' segment of the beauty & personal care market in the Philippines was forecast to continuously increase between 2025 and 2030 by in total ***** million U.S. dollars (+***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach ****** million U.S. dollars and therefore a new peak in 2030. Find further information concerning the average revenue per capita in the beauty & personal care market in Vietnam and the revenue in the beauty & personal care market in South Korea. The Statista Market Insights cover a broad range of additional markets.

Comprehensive dataset of 2 Cosmetics and perfumes suppliers in Gyeongsangnam-do, South Korea as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

South Korea Travel Retail Market size was valued to be USD 12.60 Billion in the year 2023 and it is expected to reach USD 16.07 Billion in 2031, at a CAGR of 5% from of 2024 to 2031.

Definition/Overview

Travel retail in South Korea encompasses a wide range of retail operations specifically designed for travelers, including duty-free shops, airport retail and downtown retail locations.

These retail environments combine various product categories, including luxury goods, cosmetics, fashion, electronics and local specialties, forming an essential part of the country’s tourism and retail infrastructure. The sector plays a crucial role in providing international and domestic travelers with access to premium products while ensuring competitive pricing through duty-free advantages.

The ARPU in the 'Fragrances' segment of the beauty & personal care e-commerce market in Germany was forecast to continuously increase between 2024 and 2029 by in total *** euro (+***** percent). According to this forecast, in 2029, the indicator will have increased for the sixth consecutive year to ***** euro. Find more key insights for the ARPU in countries and regions like the number of users in the beauty & personal care e-commerce market in Europe and the revenue in the 'Personal Care' segment of the beauty & personal care e-commerce market in South Korea. The Statista Market Insights cover a broad range of additional markets.

The size of the Asia-Pacific Aroma Chemicals market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.11% during the forecast period.Aroma chemicals are synthesized or natural substances providing different fragrances to various products.They are applied vastly in the perfume and flavor industry to formulate perfumes, colognes, soaps, detergents, food products, and beverages. They also come in a host of household products, personal care products, and drugs.Asia-Pacific aroma chemicals market is among the fastest-growing worldwide. At the core of this growth are the rise in disposable incomes, urbanization, and a higher population of the middle class, which is translated into increased demand for consumer goods. In addition, the region's cultural diversity and changing preferences of the consumers have triggered the demand for unique and innovative fragrances.The key countries in the Asia-Pacific region include China, India, Japan, and South Korea, which are major consumers of aroma chemicals. The countries have a strong presence in the global fragrance and flavor industry with a significant number of manufacturers and suppliers of aroma chemicals. Key drivers for this market are: Increasing Usage in the Food and Beverage Industry, Growing Demand for Fine Fragrances; Other Drivers. Potential restraints include: High Research and Development Costs, Other Restraints. Notable trends are: Growing Demand from Food and Beverage Industry.

The market is projected to register a compound annual growth rate (CAGR) of nearly 8.1% over the forecast period and hit around USD 166 Million by 2035, up from USD 76.21 Million in 2025.

Country-Wise Outlook

Competitive Outlook

Comprehensive dataset of 9 Cosmetics and perfumes suppliers in Incheon, South Korea as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Personalized Fragrance AI Market Outlook

According to our latest research, the global Personalized Fragrance AI market size reached USD 1.47 billion in 2024. The market is experiencing robust expansion, supported by a remarkable CAGR of 17.3% from 2025 to 2033. By the end of the forecast period in 2033, the Personalized Fragrance AI market is projected to attain a value of USD 6.02 billion. This impressive growth is primarily driven by increasing consumer demand for bespoke scent experiences, rapid advancements in artificial intelligence technologies, and the ongoing digital transformation across the fragrance and personal care sectors.

The primary growth factor propelling the Personalized Fragrance AI market is the shift in consumer preferences toward individualized products and experiences. Today’s consumers are more informed, digitally engaged, and seek products that resonate with their unique identities. This trend has compelled fragrance brands and retailers to leverage AI-driven platforms that analyze user preferences, lifestyle data, and even biometric inputs to create custom scents. The proliferation of smart devices and wearable technology has further enabled real-time data collection, allowing AI algorithms to continuously refine scent recommendations. As a result, brands are able to deliver hyper-personalized fragrance solutions that foster deeper customer loyalty and enhance brand differentiation in a highly competitive marketplace.

Another significant driver is the integration of advanced AI technologies such as machine learning, natural language processing, and computer vision within the fragrance sector. These technologies are not only enhancing the accuracy and sophistication of scent recommendation systems but also enabling the creation of entirely new olfactory experiences. Machine learning models are trained on vast datasets of consumer feedback, scent formulations, and market trends, allowing them to predict and generate novel scent profiles that align with evolving consumer tastes. Meanwhile, natural language processing enables intuitive conversational interfaces, making it easier for users to communicate their preferences and receive personalized recommendations. The convergence of these AI capabilities is revolutionizing the way fragrances are designed, marketed, and consumed.

The growing adoption of e-commerce and digital retail channels is also fueling the expansion of the Personalized Fragrance AI market. Online platforms equipped with AI-powered scent discovery tools are making it easier for consumers to explore and purchase custom fragrances from the comfort of their homes. This digital transformation has been accelerated by the pandemic, which shifted consumer behaviors toward online shopping and contactless experiences. Retailers and fragrance brands are increasingly investing in AI-driven solutions to enhance their online offerings, streamline the customization process, and provide interactive virtual consultations. As digital engagement becomes a cornerstone of the fragrance industry, AI-enabled personalization is expected to become standard practice, further boosting market growth.

Regionally, North America and Europe are at the forefront of the Personalized Fragrance AI market, driven by high consumer awareness, advanced technological infrastructure, and a strong presence of leading fragrance brands. However, the Asia Pacific region is emerging as a significant growth engine, supported by a burgeoning middle class, increasing disposable incomes, and rapid digitalization. Countries such as China, Japan, and South Korea are witnessing a surge in demand for premium and personalized beauty products, creating lucrative opportunities for AI-driven fragrance solutions. The market’s regional dynamics are further influenced by cultural preferences, regulatory frameworks, and the pace of technological adoption, necessitating tailored strategies for market entry and expansion.

Product Type Analysis

The Product Type segment of the Personalized Fragrance AI market encompasses customizable perfumes, scent recommendation systems, AI-driven scent creation platforms, and other innovative offerings. Customizable perfumes represent a significant portion of the market, as consumers increasingly seek fragrances that reflect their unique personalities and emotional states. Brands have responded by introducing AI-powered platforms that allow users to select and blend ingredients based on the

product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

Market Overview:

The Synthetic Linalool market is projected to grow from USD XX million in 2022 to USD XX million by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for synthetic linalool from fragrance, flavor, and other applications. North America is projected to be the largest contributor to the growth of the synthetic linalool market during the forecast period. The Asia Pacific is projected to be the fastest-growing region during the forecast period.

Product Definition:

Synthetic linalool is a synthetic compound that is structurally similar to the natural chemical linalool. It is often used in cosmetics and fragrances to give them a floral or woodsy smell. This compound is also used in medical treatments to help relieve pain and inflammation. This compound is often found in products like shampoos, soaps, and lotions. This compound is also used in foods and beverages to give them a floral or woodsy taste.

99% Linalool:

99% Linalool is a synthetic version of linalool. It is often used in perfumes and cosmetics because it has a stronger scent than regular linalool. This version is also more stable than regular linalool, which makes it easier to store and use. 99% Linalool is also less expensive than regular linalool. This also makes it a popular choice for perfumes and cosmetics.

97%-99%:

97%-99% is the percentage of synthetic linalool in a product. This means that 97%-99% of the product is made up of synthetic linalool. This percentage is not always accurate, as products may contain other chemicals that contribute to the scent. This percentage is also not always consistent from product to product. This is because different manufacturers may use different chemicals to create the scent of linalool.

Linalool, a naturally occurring terpene alcohol found in many flowers and spice plants, is widely recognized for its pleasant scent, making it a staple in the fragrance industry. In its synthetic form, linalool is crafted to mimic the aromatic properties of its natural counterpart, offering a cost-effective and stable alternative for manufacturers. This synthetic variant is particularly valuable in the production of perfumes and scented products, where consistency and longevity of fragrance are paramount. The versatility of synthetic linalool extends beyond perfumery, as it is also utilized in flavoring applications, contributing to the aromatic profiles of various food and beverage products. Its ability to blend seamlessly with other compounds enhances its appeal across multiple sectors, driving its demand in the global market.

Application Insights:

The fragrance was the largest application segment in 2015, accounting for over 55% of the global market share. Synthetic linalool finds applications in various perfumes and flavors as it imparts a sweet floral fragrance with notes of bergamot and vanilla. The rising demand for natural alternatives to enhance product flavor is expected to drive segment growth over the forecast period. Flavors are primarily used in food products such as baked goods, dairy products, snacks & cereals, and alcoholic beverages such as wine & beer among others.

Regional Analysis:

The Asia Pacific was the largest regional market in terms of both volume and revenue, accounting for over 45% of synthetic linalool sales in 2015. The region is projected to continue its dominance over the forecast period owing to increasing demand from fragrance application industries in China, India, Japan, and South Korea.

Growth Factors:

• Increasing demand for natural and organic products.
• Rising awareness about the benefits of synthetic linalool.
• The growing use of synthetic linalool in personal care products.
• Increasing demand from emerging markets.
• Technological advancements.

Report Scope

Perfume Crimping Machines Market Outlook

According to our latest research, the global perfume crimping machines market size reached USD 210.4 million in 2024, reflecting robust demand across various end-use industries. The market is projected to expand at a CAGR of 5.8% during the forecast period, with the total market value anticipated to reach USD 353.2 million by 2033. This growth is primarily driven by the increasing demand for premium and personalized fragrances, as well as ongoing technological advancements in packaging automation. As per our analysis, manufacturers are rapidly adopting advanced crimping solutions to ensure precision, efficiency, and compliance with stringent packaging standards, which is further propelling market growth.

One of the most significant growth factors for the perfume crimping machines market is the rising consumer inclination towards luxury and customized perfumes, which has led to a surge in small and medium-scale perfume manufacturers globally. These businesses require efficient and cost-effective packaging solutions, thereby increasing the adoption of both manual and semi-automatic crimping machines. The trend towards artisanal and niche fragrances, particularly in developed economies, has created a fertile ground for innovation in packaging machinery. Furthermore, stringent regulations regarding product safety and tamper-evidence in the cosmetics and pharmaceutical sectors have necessitated the use of high-precision crimping machines, further fueling market expansion. The proliferation of e-commerce channels has also contributed to the growth by making advanced crimping machines more accessible to emerging market players.

Technological advancements play a pivotal role in shaping the perfume crimping machines market landscape. The integration of IoT, automation, and smart sensors in fully automatic crimping machines has enabled manufacturers to achieve higher throughput, consistent quality, and reduced downtime. These innovations are particularly attractive to large enterprises and contract manufacturers that require high-volume, high-speed operations. Additionally, the development of modular and customizable crimping systems allows businesses to cater to diverse packaging requirements, ranging from small sample vials to large perfume bottles. The increasing focus on sustainability and eco-friendly packaging materials has also prompted machine manufacturers to design equipment that is compatible with recyclable and biodegradable components, thus aligning with the evolving preferences of both consumers and regulatory bodies.

The competitive dynamics of the market are further influenced by the growing demand from the pharmaceutical and cosmetic packaging sectors. Pharmaceutical companies are increasingly utilizing crimping machines for secure and contamination-free packaging of vials and ampoules, while cosmetic brands are leveraging these machines for innovative and aesthetically appealing packaging solutions. This cross-industry adoption has led to a broader customer base and diversified revenue streams for crimping machine manufacturers. Moreover, the rise in contract manufacturing and private labeling in the fragrance and cosmetics industries has augmented the need for versatile and scalable crimping equipment, driving innovation and competition among key market players.

From a regional perspective, Asia Pacific continues to dominate the perfume crimping machines market, accounting for the largest share in 2024. This dominance is attributed to the presence of a robust manufacturing base, rapid urbanization, and increasing disposable incomes in countries such as China, India, and South Korea. North America and Europe follow closely, driven by high consumer spending on luxury goods and a strong emphasis on product safety and compliance. The Middle East & Africa and Latin America are also witnessing steady growth, supported by the expansion of the cosmetics and pharmaceutical sectors in these regions. Overall, the global perfume crimping machines market is poised for sustained growth, underpinned by technological innovation, evolving consumer preferences, and expanding application areas.