South Korea Returnable Packaging Market Size & Outlook
South Korea returnable packaging market, 2018-2030 (US$M)
Related Markets
South Korea returnable packaging market highlights
- The South Korea returnable packaging market generated a revenue of USD 4,013.2 million in 2023 and is expected to reach USD 6,214.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 4,013.2 million |
| Market revenue in 2030 | USD 6,214.9 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.5% of the global returnable 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 returnable 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 12,335.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 62.99% in 2023. Horizon Databook has segmented the South Korea returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is expected to witness significant growth in the packaging industry over the forecast period, owing to noteworthy development in advanced technologies and materials.
Changing orientation from supplier-oriented to consumer-oriented of the packaging industry is expected to drive the demand for returnable packaging as consumers are giving more preference to sustainable packaging.
Changing demographics of the country is expected to fuel the demand for the packaged food and beverage in the country.
Reasons to subscribe to South Korea returnable packaging market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea returnable packaging market databook
-
Our clientele includes a mix of returnable packaging market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Korea returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea returnable packaging market size, by material, 2018-2030 (US$M)
South Korea Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
