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Sustainable Packaging in South Korea

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    Report

  • 50 Pages
  • February 2024
  • Region: South Korea
  • GlobalData
  • ID: 5973161
Sustainable Packaging in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Sustainable packaging refers to the use of packaging materials that minimize environmental impact throughout their life cycle. These packaging materials are sourced from renewable resources and are designed to facilitate recyclability or composability.
  • The South Korean sustainable packaging market had total revenues of $4.7 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 1.9% between 2018 and 2023, to reach a total of 7.3 million metric tonnes in 2023.
  • The high disposable income among individuals boosts the demand for sustainable packaging. According to the analyst, the disposable income in South Korea increased by 4.7% in 2023.

Scope

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

Reasons to Buy

  • What was the size of the South Korea sustainable packaging market by value in 2023?
  • What will be the size of the South Korea sustainable packaging market in 2028?
  • What factors are affecting the strength of competition in the South Korea sustainable packaging market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's sustainable packaging 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 rivalry
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
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 Company Profiles
7.1. Westrock Co
7.2. International Paper Co
7.3. Amcor Plc
7.4. Oji Holdings Corp
8 Macroeconomic Indicators
8.1. Country data
9 Appendix
9.1. Methodology
9.2. Industry associations
9.3. Related the analyst research
  • About the Analyst
List of Tables
Table 1: South Korea sustainable packaging market value: $ million, 2018-23
Table 2: South Korea sustainable packaging market volume: thousand metric tonnes, 2018-23
Table 3: South Korea sustainable packaging market category segmentation: % share, by value, 2018-2023
Table 4: South Korea sustainable packaging market category segmentation: $ million, 2018-2023
Table 5: South Korea sustainable packaging market geography segmentation: $ million, 2023
Table 6: South Korea sustainable packaging market value forecast: $ million, 2023-28
Table 7: South Korea sustainable packaging market volume forecast: thousand metric tonnes, 2023-28
Table 8: Westrock Co: key facts
Table 9: Westrock Co: annual financial ratios
Table 10: Westrock Co: key employees
Table 11: Westrock Co: key employees Continued
Table 12: International Paper Co: key facts
Table 13: International Paper Co: annual financial ratios
Table 14: International Paper Co: key employees
Table 15: Amcor Plc: key facts
Table 16: Amcor Plc: annual financial ratios
Table 17: Amcor Plc: key employees
Table 18: Amcor Plc: key employees Continued
Table 19: Oji Holdings Corp: key facts
Table 20: Oji Holdings Corp: annual financial ratios
Table 21: Oji Holdings Corp: key employees
Table 22: Oji Holdings Corp: key employees Continued
Table 23: Oji Holdings Corp: key employees Continued
Table 24: South Korea size of population (million), 2019-23
Table 25: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 26: South Korea gdp (current prices, $ billion), 2019-23
Table 27: South Korea inflation, 2019-23
Table 28: South Korea consumer price index (absolute), 2019-23
Table 29: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea sustainable packaging market value: $ million, 2018-23
Figure 2: South Korea sustainable packaging market volume: thousand metric tonnes, 2018-23
Figure 3: South Korea sustainable packaging market category segmentation: $ million, 2018-2023
Figure 4: South Korea sustainable packaging market geography segmentation: % share, by value, 2023
Figure 5: South Korea sustainable packaging market value forecast: $ million, 2023-28
Figure 6: South Korea sustainable packaging market volume forecast: thousand metric tonnes, 2023-28
Figure 7: Forces driving competition in the sustainable packaging market in South Korea, 2023
Figure 8: Drivers of buyer power in the sustainable packaging market in South Korea, 2023
Figure 9: Drivers of supplier power in the sustainable packaging market in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the sustainable packaging market in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the sustainable packaging market in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the sustainable packaging market in South Korea, 2023

Companies Mentioned (Partial List)

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

  • Westrock Co
  • International Paper Co
  • Amcor Plc
  • Oji Holdings Corp