The forecast data indicates a gradual increase in the import of scent sprays and similar toilet sprays to South Korea from 2024 to 2028, with figures rising from 2.6507 million kilograms in 2024 to 2.7454 million kilograms in 2028. Notably, the figures for 2023 show an actual value lower than 2.6507 million kilograms, marking incremental year-on-year growth. The year-on-year variation percentages for 2023-2024 and 2024-2025 highlight steady growth, with similar increases continuing in the subsequent years. Over the last five years, the CAGR demonstrates consistent annual growth, reflecting robust market demand.
Future Trends to Watch For:
- Increasing consumer preferences for premium and niche scent products.
- Rising awareness and demand for environmentally sustainable and cruelty-free products.
- Impacts of new trade agreements or regulatory changes affecting import tariffs and restrictions.
- Technological advancements in product formulation and packaging.