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South Korea Fragrances Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 47 Pages
  • August 2023
  • Region: South Korea
  • MarketLine
  • ID: 5714849
Fragrances in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The fragrances market consists of the sale of male, female and unisex fragrances. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
  • The South Korean Fragrances market had total revenues of $506.9 million in 2022, representing a compound annual growth rate (CAGR) of 3.1% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 1.6% between 2017 and 2022, to reach a total of 21.5 million units in 2022.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.1% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $618.7 million by the end of 2027.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fragrances market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fragrances market in South Korea
  • Leading company profiles reveal details of key fragrances market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea fragrances market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the South Korea fragrances market by value in 2022?
  • What will be the size of the South Korea fragrances market in 2027?
  • What factors are affecting the strength of competition in the South Korea fragrances market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's fragrances market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean fragrances market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the South Korean fragrances market?
8 Company Profiles
8.1. LVMH Moet Hennessy Louis Vuitton SA
8.2. Inter Parfums, Inc.
8.3. The Estee Lauder Companies Inc
8.4. Salvatore Ferragamo SpA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Publisher
List of Tables
Table 1: South Korea fragrances market value: $ million, 2017-22
Table 2: South Korea fragrances market volume: million units, 2017-22
Table 3: South Korea fragrances market category segmentation: % share, by value, 2017-2022
Table 4: South Korea fragrances market category segmentation: $ million, 2017-2022
Table 5: South Korea fragrances market geography segmentation: $ million, 2022
Table 6: South Korea fragrances market distribution: % share, by value, 2022
Table 7: South Korea fragrances market value forecast: $ million, 2022-27
Table 8: South Korea fragrances market volume forecast: million units, 2022-27
Table 9: South Korea fragrances market share: % share, by value, 2022
Table 10: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 11: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 12: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 13: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 14: Inter Parfums, Inc.: key facts
Table 15: Inter Parfums, Inc.: Annual Financial Ratios
Table 16: Inter Parfums, Inc.: Key Employees
Table 17: The Estee Lauder Companies Inc: key facts
Table 18: The Estee Lauder Companies Inc: Annual Financial Ratios
Table 19: The Estee Lauder Companies Inc: Key Employees
Table 20: The Estee Lauder Companies Inc: Key Employees Continued
Table 21: The Estee Lauder Companies Inc: Key Employees Continued
Table 22: Salvatore Ferragamo SpA: key facts
Table 23: Salvatore Ferragamo SpA: Annual Financial Ratios
Table 24: Salvatore Ferragamo SpA: Key Employees
Table 25: South Korea size of population (million), 2018-22
Table 26: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 27: South Korea gdp (current prices, $ billion), 2018-22
Table 28: South Korea inflation, 2018-22
Table 29: South Korea consumer price index (absolute), 2018-22
Table 30: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea fragrances market value: $ million, 2017-22
Figure 2: South Korea fragrances market volume: million units, 2017-22
Figure 3: South Korea fragrances market category segmentation: $ million, 2017-2022
Figure 4: South Korea fragrances market geography segmentation: % share, by value, 2022
Figure 5: South Korea fragrances market distribution: % share, by value, 2022
Figure 6: South Korea fragrances market value forecast: $ million, 2022-27
Figure 7: South Korea fragrances market volume forecast: million units, 2022-27
Figure 8: Forces driving competition in the fragrances market in South Korea, 2022
Figure 9: Drivers of buyer power in the fragrances market in South Korea, 2022
Figure 10: Drivers of supplier power in the fragrances market in South Korea, 2022
Figure 11: Factors influencing the likelihood of new entrants in the fragrances market in South Korea, 2022
Figure 12: Factors influencing the threat of substitutes in the fragrances market in South Korea, 2022
Figure 13: Drivers of degree of rivalry in the fragrances market in South Korea, 2022
Figure 14: South Korea fragrances market share: % share, by value, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • LVMH Moet Hennessy Louis Vuitton SA
  • Inter Parfums, Inc.
  • The Estee Lauder Companies Inc
  • Salvatore Ferragamo SpA