South Korea Plastic Packaging Market Size & Outlook
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South Korea plastic packaging market highlights
- The South Korea plastic packaging market generated a revenue of USD 6,480.0 million in 2023 and is expected to reach USD 8,410.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, polyethylene terephthalate (pet) was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
Plastic packaging market data book summary
| Market revenue in 2023 | USD 6,480.0 million |
| Market revenue in 2030 | USD 8,410.0 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene terephthalate (pet) |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene Terephthalate (PET), Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Bioplastics |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global plastic packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China plastic packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47,410.0 million by 2030.
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Plastic Packaging Market Scope
Plastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Printpack | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | http://www.printpack.com/ |
| Coveris Holdings | View profile | - | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.coveris.com |
| Huhtamaki | View profile | 10001+ | Espoo, Southern Finland, Finland, Europe | http://huhtamaki.com/ |
| Toppan Holdings Inc | View profile | 59210 | 1-5-1 Taito, Taito-ku, Tokyo, Japan, 110-8560 | https://www.holdings.toppan.com |
| American Packaging Corporation | View profile | 1001-5000 | Columbus, Wisconsin, United States, North America | https://americanpackaging.com |
| Bischof + Klein | View profile | 1001-5000 | Lengerich, Niedersachsen, Germany, Europe | https://www.bk-international.com/ |
| Sigma Plastics Group | View profile | 1001-5000 | Lyndhurst, New Jersey, United States, North America | http://www.sigmaplasticsgroup.com/ |
| Novolex | View profile | 10001+ | Hartsville, South Carolina, United States, North America | http://www.novolex.com/ |
| Dart Container Corporation | View profile | 10001+ | Mason, Ohio, United States, North America | https://www.dartcontainer.com |
| Tetra Laval | View profile | 10001+ | Pully, Vaud, Switzerland, Europe | http://www.tetralaval.com |
| Winpak Ltd | View profile | 2753 | 100 Saulteaux Crescent, Winnipeg, MB, Canada, R3J 3T3 | https://www.winpak.com |
| Uflex | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.uflexltd.com/ |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | https://tctranscontinental.com |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Reynolds Consumer Products Inc Ordinary Shares | View profile | 6000 | 1900 W. Field Court, Lake Forest, IL, United States, 60045 | https://www.reynoldsconsumerproducts.com |
| Pact Group Holdings Ltd | View profile | 3000 | 658 Church Street, Building 1, Level 5, Cremorne, Sydney, VIC, Australia, 3121 | https://www.pactgroup.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | http://www.cflex.com |
| Alpha Packaging | View profile | 11-50 | Surat, Gujarat, India, Asia | http://alphapackaging.co |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
| Sealed Air Corp | View profile | 17000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | https://www.sealedair.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Silgan Holdings Inc | View profile | 14400 | 4 Landmark Square, Suite 400, Stamford, CT, United States, 06901 | https://www.silganholdings.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
South Korea plastic packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic packaging market will help companies and investors design strategic landscapes.
Polyethylene terephthalate (pet) was the largest segment with a revenue share of 32.87% in 2023. Horizon Databook has segmented the South Korea plastic packaging market based on polyethylene terephthalate (pet), polyethylene (pe), polystyrene (ps), polypropylene (pp), polyvinyl chloride (pvc), bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea plastic packaging market databook
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Our clientele includes a mix of plastic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea plastic packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea plastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea plastic packaging market size, by material, 2018-2030 (US$M)
South Korea Plastic Packaging Market Outlook Share, 2023 & 2030 (US$M)
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