Sustainable Packaging in South Korea
Summary
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 GlobalData, the disposable income in South Korea increased by 4.7% in 2023.
- 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
- 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?
- 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 GlobalData research
- About GlobalData
- 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
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