South Korea Food Cans Market Size & Outlook, 2023-2030
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South Korea food cans market highlights
- The South Korea food cans market generated a revenue of USD 94.3 million in 2023 and is expected to reach USD 147.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, ready meals was the largest revenue generating product in 2023.
- Fruits is the most lucrative product segment registering the fastest growth during the forecast period.
Food cans market data book summary
| Market revenue in 2023 | USD 94.3 million |
| Market revenue in 2030 | USD 147.1 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Ready meals |
| Fastest growing segment | Fruits |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Meat, Ready Meals, Vegetables, Seafood, Fruits |
| Key market players worldwide | Ball Corp, Crown Holdings Inc, Ardagh Group, CANPACK |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.6% of the global food cans market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China food cans 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 115.0 million by 2030.
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Food Cans Market Scope
Food Cans Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CANPACK | View profile | 5001-10000 | Krakow, Malopolskie, Poland, Europe | https://www.canpack.com/ |
| Ardagh Group | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.ardaghgroup.com |
| Crown Holdings Inc | View profile | 25000 | 14025 Riveredge Drive, Suite 300, Tampa, FL, United States, 33637-2015 | https://www.crowncork.com |
| Ball Corp | View profile | 21000 | 9200 West 108th Circle, Westminster, CO, United States, 80021 | https://www.ball.com |
South Korea food cans 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 food cans market will help companies and investors design strategic landscapes.
Ready meals was the largest segment with a revenue share of 30.54% in 2023. Horizon Databook has segmented the South Korea food cans market based on meat, ready meals, vegetables, seafood, fruits covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Food Cans Product Outlook (Revenue, USD Million, 2018-2030)
- Carbonated Soft Drinks
- Alcoholic Beverages
- Fruits & Vegetable Juices
- Meat
- Ready Meals
- Vegetables
- Seafood
- Fruits
- Food & Beverages
- Spices
- Paints
- Others
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Target buyers of South Korea food cans market databook
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Our clientele includes a mix of food cans 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 food cans market , including forecasts for subscribers. This country databook contains high-level insights into South Korea food cans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea food cans market size, by product, 2018-2030 (US$M)
South Korea Food Cans Market Outlook Share, 2023 & 2030 (US$M)
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