South Korea Compostable Packaging Market Size & Outlook
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South Korea compostable packaging market highlights
- The South Korea compostable packaging market generated a revenue of USD 1.2 million in 2024 and is expected to reach USD 1.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, polylactic acid (pla) was the largest revenue generating material in 2024.
- Polylactic Acid (PLA) is the most lucrative material segment registering the fastest growth during the forecast period.
Compostable packaging market data book summary
| Market revenue in 2024 | USD 1.2 million |
| Market revenue in 2030 | USD 1.8 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Polylactic acid (pla) |
| Fastest growing segment | Polylactic Acid (PLA) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyhydroxyalkanoate (PHA), Bamboo, Wood, Polylactic Acid (PLA), Cellulose |
| Key market players worldwide | WestRock Co, International Paper Co, Mondi PLC, Tetra Pak, Amcor PLC, DS Smith PLC, Westrock Company, Smurfit Kappa Group PLC, Rengo, Stora Enso Oyj Ordinary Shares - Class R, Basf SE, Bemis Manufacturing |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global compostable packaging market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China compostable packaging market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.4 million by 2030.
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Compostable Packaging Market Scope
Compostable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smartsolve | View profile | 11-50 | Bowling Green, Ohio, United States, North America | https://www.smartsolve.com/ |
| Hoşgör Plastik | View profile | 51-100 | Mustafakemalpasa, Bursa, Turkey, Europe | https://hosgorplastik.com |
| Clearwater Paper | View profile | 1001-5000 | Spokane, Washington, United States, North America | http://clearwaterpaper.com |
| Eurocell | View profile | 1001-5000 | Alfreton, Derbyshire, United Kingdom, Europe | https://www.eurocell.co.uk/ |
| Rengo | View profile | 10001+ | Nakanoshima, Osaka, Japan, Asia | https://www.rengo.co.jp/ |
| Tetra Pak | View profile | 10001+ | Denton, Texas, United States, North America | http://www.tetrapak.com |
| Westrock Company | View profile | 51-100 | Little Rock, Arkansas, United States, North America | https://www.westrockusa.com/en/# |
| Bemis Manufacturing | View profile | 1001-5000 | Sheboygan Falls, Wisconsin, United States, North America | http://www.bemismfg.com |
| Stora Enso | View profile | 10001+ | Helsinki, Southern Finland, Finland, Europe | http://www.storaenso.com |
| Smurfit Kappa Group PLC | View profile | 47000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | https://www.smurfitkappa.com |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
| WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea compostable 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 compostable packaging market will help companies and investors design strategic landscapes.
Polylactic acid (pla) was the largest segment with a revenue share of 75% in 2024. Horizon Databook has segmented the South Korea compostable packaging market based on polyhydroxyalkanoate (pha), bamboo, wood, polylactic acid (pla), cellulose covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea compostable packaging market databook
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Our clientele includes a mix of compostable 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea compostable packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea compostable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea compostable packaging market size, by material, 2018-2030 (US$M)
South Korea Compostable Packaging Market Outlook Share, 2024 & 2030 (US$M)
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