South Korea Mailer Packaging Market Size & Outlook
South Korea mailer packaging market, 2018-2030 (US$M)
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South Korea mailer packaging market highlights
- The South Korea mailer packaging market generated a revenue of USD 647.7 million in 2023 and is expected to reach USD 1,915.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 16.8% from 2024 to 2030.
- In terms of segment, non-cushioned mailers was the largest revenue generating product in 2023.
- Cushioned Mailers is the most lucrative product segment registering the fastest growth during the forecast period.
Mailer packaging market data book summary
| Market revenue in 2023 | USD 647.7 million |
| Market revenue in 2030 | USD 1,915.5 million |
| Growth rate | 16.8% (CAGR from 2023 to 2030) |
| Largest segment | Non-cushioned mailers |
| Fastest growing segment | Cushioned Mailers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cushioned Mailers, Non-cushioned Mailers |
| Key market players worldwide | 3M Co, Sealed Air Corp, Crown Holdings Inc, Mondi PLC, Henkel AG & Co KGaA, Georgia-Pacific, Pregis, ProAmpac, Abriso Jiffy, Intertape polymer group |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.4% of the global mailer 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 mailer 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 8,230.7 million by 2030.
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Mailer Packaging Market Scope
Mailer Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea mailer 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 mailer packaging market will help companies and investors design strategic landscapes.
Non-cushioned mailers was the largest segment with a revenue share of 63.32% in 2023. Horizon Databook has segmented the South Korea mailer packaging market based on cushioned mailers, non-cushioned mailers covering the revenue growth of each sub-segment from 2018 to 2030.
Mailer packaging market in South Korea has witnessed substantial growth in recent years owing to shifting consumer preferences and ongoing technological advancements that have driven the demand for lightweight and convenient packaging solutions.
The vibrant food & beverage industry of the country, represented by major players such as Lotte Confectionery, CJ CheilJedang, and Orion, has adopted mailer packaging for products such as snacks, beverages, processed foods, and dairy items.
The attraction of mailer packaging pouches and bags lies in convenience, protection, and enhanced shelf appeal offered by them to packed products. This trend showcases the adaptability of mailer packaging to meet the diverse requirements of the food and beverage industry of South Korea.
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Our clientele includes a mix of mailer packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea mailer packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea mailer packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea mailer packaging market size, by product, 2018-2030 (US$M)
South Korea Mailer Packaging Market Outlook Share, 2023 & 2030 (US$M)
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