The import of personal deodorants and antiperspirants to South Korea has exhibited fluctuating trends from 2013 to 2023, standing at 919.02 thousand kilograms in 2023. Though significant growth was observed in specific years, such as 2015 and 2021, the overall progress has been tempered by periodic declines and modest gains. The year-on-year variation experienced notable highs and lows, such as a 26.71% increase in 2015, a 9.35% decline in 2016, and a relatively stable 2.5% growth in 2023. Over the past five years, the compound annual growth rate (CAGR) stabilized at around 3.86% despite earlier volatility.
Looking ahead, the forecast indicates a steady growth trajectory with a five-year CAGR of 1.89%, leading to a 9.81% increase in volume by 2028. Future trends to watch include emerging consumer preferences for organic products, the influence of regional trade policies, advancements in product formulations impacting import volumes, and the effects of evolving retail distribution channels on demand.