Skip to main content
Top 100, Korea MLM Companies


As of December 31, 2020, the number of legally licensed MLM companies in Korea is 122, and the total sales of 122 operators in 2020 is USD 4.29 B, compared to USD 4.55 B in 2019, which is USD 0.21 B (-4.65%). ) has decreased.

The biggest reason for the decrease can be seen as a contraction in sales activity due to the corona virus.

Due to the government's strong social distancing policy, the lack of seminars, training, and promotional tours was a major cause of the decrease in sales.

In 2020, there was a company that could not even start business even though it was issued a new MLM license.
In addition, there have been cases in which global MLM companies continue to delay their entry into Korea.

What is positive despite the corona crisis and non-face-to-face era is that the decrease in sales was within the single digit 5% is a very positive sign.

Leaders of companies and groups have shifted their business practices to non-face-to-face sales using digital marketing.

ZOOM meetings have become a daily routine, and sales activities using social media have more potential in the future.

It seems that this phenomenon can naturally bring about a natural generational change in the direct selling industry.

Now, digital marketing has become an essential element for the growth of the most important company.

In particular, large companies are quickly setting up studios in their companies and using their own broadcasting systems or YouTube to conduct more efficient sales activities.

The table below is the 2020 annual sales ranking of the top 100 MLM companies.
If you would like more information about direct sales in Korea, please contact us at the e-mail address below.

bushkim@naver.com

Comments

Popular posts from this blog

How to obtain MLM license in Korea

How to Get MLM License in Korea In order to establish and operate an MLM company in Korea, The company must have an MLM License. The period for which the MLM license is issued within 30 days at the earliest and 60 days at the latest after application. In order for a company to obtain an MLM license, it must conclude a Mutual Aid Contract with MACCO (Mutual Aid Cooperative Consumer). Mutual Aid Contract Procedure for MLM License Concerning indemnification for consumer damage, MLM companies are required to provide a deposit and mutual aid fee based on the rate set by the mutual aid regulations of the mutual aid cooperative on the sales amount subject to mutual aid. They must also sign a contract for consumer indemnity insurance with the cooperative prior to commencing operations. For a new company that intends to undertake an MLM operation, the rating committee strictly evaluates the company’s eligibility for joining the cooperative in accordance with the cooperative’s mu...

Top 10 MLM Companies in Korea 2024

Top 10 MLM Companies in Korea 2024 The Korean Fair Trade Commission has published the MLM sales figures for 2023 based on data submitted by each company. The total revenue of the MLM industry in South Korea for 2023 was $3.79 billion, marking an 8.4% decrease from the $4.16 billion recorded in 2022. The sales of the top 10 MLM companies, which account for the majority of the industry’s revenue, also experienced an average decline of 7.7%. 2023 vs 2022 Sales Comparison On a positive note, PM International, a German company, saw slight growth, and Vial, a Korean stem cell-based cosmetics company, grew by 24.9% due to active organizational expansion by its members. The decline in sales for most companies is largely attributed to the sluggish Korean economy. Rising prices and increased interest rates have reduced disposable income, making consumers more reluctant to purchase products. This trend is evident in the decreased sales of companies with relatively broad ...