South Korea Essential Oils Market to 2032
Overview
The South Korea Essential Oils Market is expected to reach a 314.69 USD Billion by 2032 and is projected to grow at a CAGR of 10.04% from 2025 to 2032.
Revenue, 2024 (USD Billion)
156.09
Forecast, 2032 (USD Billion)
314.69
CAGR, 2024 - 2032
10.04%
Report Coverage
South Korea
South Korea Essential Oils Market 2018-2032 USD Billion
South Korea Essential Oils Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 156.09 USD Billion
- Projected Market Size (2032): 314.69 USD Billion
- CAGR (2025-2032): 10.04%
Key Findings of South Korea Essential Oils Market
- The South Korea Essential Oils Market was valued at 156.09 USD Billion in 2024.
- The South Korea Essential Oils Market is likely to grow at a CAGR of 10.04% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Singles in Types Segment accounted for the largest share of the market with a revenue of 110.67 USD Billion
- The fastest growing segment Aromatherapy in Application Segment grew Fastest with a CAGR of 11.05% during the forecast period from 2024 to 2032.
South Korea Essential Oils Market Scope
South Korea Essential Oils Market Segmentation & Scope
Product
- Camphoraceous Oils
- Herbaceous Oils
- Resinous/Musky Oils
- Spicy Oils
- Minty Oils
- Citrus Oils
- Floral Oils
- Woody/Earthy Oils
Application
- Cosmetics & Personal Care
- Aromatherapy
- Home Care
- Toiletries and Cleaners
- Food & Beverages
- Alternative Energy and Medical
- Textiles10
- Automobile Air Fresher17
- Agriculture9
- Others
Method of Extraction
- Solvent Extraction
- Hydrodiffusion
- Supercritical Fluid Extraction
- Microwave Assisted Process (Map)
- Others
- Carbondioxide Extraction
- Cold Press Extraction
- Hydro- Or- Steam- Distillation
- Water Distillation
Distribution Channel
- Direct
- Indirect
End User
- Cosmetic Companies
- Pharma Companies
- Medical Spa
- Dermatology Clinics
- Others
Types
- Singles
- Blends
Category
- Conventional9
- Organic9
South Korea Essential Oils Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 156.09 USD Billion |
| Market Value in 2032 | 314.69 USD Billion |
| CAGR (2025-2032) | 10.04% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application,Method of Extraction,Distribution Channel,End User,Types,Category |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 156.09 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 156.09 USD Billion in 2024.
Segments and Scope
-
South Korea Essential Oils Market to 2032, By Product
- Citrus Oils is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 62.46 USD Billion in the year 2024.
- Minty Oils is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 10.78 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By Application
- Food & Beverages is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 36.49 USD Billion in the year 2024.
- Aromatherapy is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 10.41 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By Method of Extraction
- Hydro- Or- Steam- Distillation is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 38.55 USD Billion in the year 2024.
- Hydro- Or- Steam- Distillation is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 10.57 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By Distribution Channel
- Direct is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 90.44 USD Billion in the year 2024.
- Direct is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 10.31 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By End User
- Cosmetic Companies is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 53.60 USD Billion in the year 2024.
- Pharma Companies is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 9.76 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By Types
- Singles is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 110.67 USD Billion in the year 2024.
- Singles is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 10.24 % in forecast period 2025-2032.
-
South Korea Essential Oils Market to 2032, By Category
- Conventional9 is the largest segment in South Korea Essential Oils Market to 2032 with a revenue of 84.49 USD Billion in the year 2024.
- Organic9 is the Fastest growing segment in South Korea Essential Oils Market to 2032 with a Growth rate of 9.60 % in forecast period 2025-2032.
South Korea Essential Oils Market Company Share Analysis
South Korea Essential Oils Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Essential Oils Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Essential Oils Market is segmented based on Segmentation Product,Application,Method of Extraction,Distribution Channel,End User,Types,Category.
South Korea Essential Oils Market was valued at USD 156.09(Revenue in USD Billion) in 2021.
South Korea Essential Oils Market is projected to grow at a CAGR of 10.04% during the forecast period of 2024 to 2032.
The Singles segment is expected to dominate the South Korea Essential Oils Market, holding a largest market share of 110.67 USD Billion in 2024
South Korea Essential Oils Market Scope
South Korea Essential Oils Market Segmentation & Scope
Product
- Camphoraceous Oils
- Herbaceous Oils
- Resinous/Musky Oils
- Spicy Oils
- Minty Oils
- Citrus Oils
- Floral Oils
- Woody/Earthy Oils
Application
- Cosmetics & Personal Care
- Aromatherapy
- Home Care
- Toiletries and Cleaners
- Food & Beverages
- Alternative Energy and Medical
- Textiles10
- Automobile Air Fresher17
- Agriculture9
- Others
Method of Extraction
- Solvent Extraction
- Hydrodiffusion
- Supercritical Fluid Extraction
- Microwave Assisted Process (Map)
- Others
- Carbondioxide Extraction
- Cold Press Extraction
- Hydro- Or- Steam- Distillation
- Water Distillation
Distribution Channel
- Direct
- Indirect
End User
- Cosmetic Companies
- Pharma Companies
- Medical Spa
- Dermatology Clinics
- Others
Types
- Singles
- Blends
Category
- Conventional9
- Organic9
Frequently Asked Questions
The South Korea Essential Oils Market is segmented based on Segmentation Product,Application,Method of Extraction,Distribution Channel,End User,Types,Category.
South Korea Essential Oils Market was valued at USD 156.09(Revenue in USD Billion) in 2021.
South Korea Essential Oils Market is projected to grow at a CAGR of 10.04% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Essential Oils Market for final year is USD 314.69 (USD Billion).
South Korea Essential Oils Market Company Profiling
Frequently Asked Questions
The South Korea Essential Oils Market is segmented based on Segmentation Product,Application,Method of Extraction,Distribution Channel,End User,Types,Category.
South Korea Essential Oils Market was valued at USD 156.09(Revenue in USD Billion) in 2021.
South Korea Essential Oils Market is projected to grow at a CAGR of 10.04% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Essential Oils Market for final year is USD 314.69 (USD Billion).
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