South Korea E Commerce Packaging Market Size & Outlook
South Korea e commerce packaging market, 2018-2030 (US$M)
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South Korea e commerce packaging market highlights
- The South Korea e commerce packaging market generated a revenue of USD 3,586.7 million in 2023 and is expected to reach USD 10,353.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 16.4% from 2024 to 2030.
- In terms of segment, corrugated boxes was the largest revenue generating product in 2023.
- Corrugated Boxes is the most lucrative product segment registering the fastest growth during the forecast period.
E commerce packaging market data book summary
| Market revenue in 2023 | USD 3,586.7 million |
| Market revenue in 2030 | USD 10,353.1 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Corrugated boxes |
| Fastest growing segment | Corrugated Boxes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Corrugated Boxes, Bags, Tapes, Protective Packaging, Mailer |
| Key market players worldwide | Amcor PLC, Berry Global Group Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Coveris, Sealed Air Corp, Sonoco Products Co, Winpak Ltd, Constantia Flexibles, Mondi PLC, Gerresheimer AG ADR, Greif Inc Class A, Transcontinental Inc Shs -A- Voting Subord., ALPLA, Alpha Packaging, Silver Spur |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.6% of the global e commerce packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China e commerce 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 15,844.2 million by 2030.
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E Commerce Packaging Market Scope
E Commerce Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea e commerce 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 e commerce packaging market will help companies and investors design strategic landscapes.
Corrugated boxes was the largest segment with a revenue share of 35.16% in 2023. Horizon Databook has segmented the South Korea e commerce packaging market based on corrugated boxes, bags, tapes, protective packaging, mailer covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korean e-commerce packaging market is majorly driven by the increasing demand from three major e-commerce giants, namely Coupang Corp., NAVER Corp., and SHINSEGAE INTERNATIONAL, present across the country.
The country relies on these giants owing to the rising requirements of personalized shopping from the GenZ population along with the trust in local brands, followed by low prices offered by these ecommerce platforms. This has resulted in the rising demand for e-commerce packaging in South Korea.
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Target buyers of South Korea e commerce packaging market databook
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Our clientele includes a mix of e commerce packaging market companies, investment firms, advisory firms & academic institutions.
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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 e commerce packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea e commerce packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea e commerce packaging market size, by product, 2018-2030 (US$M)
South Korea E Commerce Packaging Market Outlook Share, 2023 & 2030 (US$M)
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