Market Forecast By Material Types (Plastic, Metal, Paper & paperboards, Composite materials, Others ), By Product Types (Pouches & bags, Drums, Bottles & cans, Others ), By Barrier Strength (Low, Medium, High), By Applications (Chemical pesticides, Chemical fertilizers, Biologicals) And Competitive Landscape
Product Code: ETC004032 | Publication Date: Sep 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 65 | No. of Tables: 5 | |
Report Name | South Korea Agricultural Packaging Market |
Forecast period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | Agriculture |
South Korea Agricultural Packaging Market thoroughly covers the market by material type, product type, barrier strength, and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics
The agricultural packaging market in South Korea has an increasing demand for packaged food, coupled with the growing awareness regarding safe and hygienic packaging, is driving the growth of this market. The agricultural packaging market in South Korea is experiencing steady growth, driven by the increasing demand for high-quality, sustainable packaging solutions.
According to 6Wresearch, South Korea Agricultural Packaging Market size is expected to grow at a significant CAGR of 6.2% during 2025-2031. The increased focus on sustainability and environmentally friendly packaging materials is a significant driver as consumers and regulators alike push for reduced environmental impact. Additionally, advancements in packaging technology, such as innovations in biodegradable plastics and smart packaging solutions, are providing further impetus to market growth. The expanding e-commerce sector in agriculture is also contributing to increased demand for versatile and robust packaging solutions, leading to the South Korea Agricultural Packaging Market growth.
Despite the positive growth, the market faces several challenges. The high cost of eco-friendly packaging materials compared to traditional options poses a significant barrier for widespread adoption among small and medium-sized agricultural producers. Additionally, regulatory compliance and the need for continuous innovation to meet stringent packaging standards can be resource-intensive for manufacturers. Market players must navigate these challenges through strategic investments in research and development, and by fostering collaborations within the supply chain to achieve economies of scale.
Some of the major players operating in the agricultural packaging market in South Korea are Amcor Limited, Mondi Group, Tetra Pak International SA, Bemis Company Inc., Sonoco Products Company, DS Smith PLC., International Paper Company, Sealed Air Corporation, Smurfit Kappa Group PLC., and Sigma Plastics Group. These companies continue to invest in research and development to provide creative packaging solutions for agricultural products.
The South Korean government has taken several initiatives to encourage sustainable packaging practices in the country. The Ministry of Environment implemented a recycling strategy that became mandatory for all plastic packaging used by manufacturers and merchants in 2020. This policy attempts to promote the use of environmentally friendly packaging materials and lessen the amount of waste plastic. In addition, by offering farmers incentives and subsidies, the government is encouraging effective food production and distribution infrastructures. This includes giving money to use cutting-edge packaging strategies that can protect agricultural goods while they are being transported and stored.
The agricultural packaging market in South Korea is projected to experience significant growth due to rising investments in advanced packaging technologies as well as sustainable practices. The growing demand from consumers for eco-friendly products is also anticipated to promote the use of compostable and biodegradable materials in packaging. Furthermore, the demand for effective and long-lasting packaging solutions that can survive long-distance transportation is rising due to the growth of e-commerce and online grocery shopping.
According to Ravi Bhandari, Research Head, 6wresearch, Plastics, notably polyethylene and polypropylene, are leading the market, credited for their durability, flexibility, and cost-effectiveness. These materials offer excellent barrier properties, protecting agricultural products from moisture, contaminants, and physical damage, thereby extending shelf life and reducing waste.
Based on application, chemical pesticides currently lead the pack in terms of application. The demand for effective pest control solutions has driven the extensive use of chemical pesticides, necessitating robust packaging to ensure product integrity and safety.
The market report has been segmented and sub segmented into the following categories:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. South Korea Agricultural Packaging Market Overview |
3.1. South Korea Country Macro Economic Indicators |
3.2. South Korea Agricultural Packaging Market Revenues & Volume, 2021 & 2031F |
3.3. South Korea Agricultural Packaging Market - Industry Life Cycle |
3.4. South Korea Agricultural Packaging Market - Porter's Five Forces |
3.5. South Korea Agricultural Packaging Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6. South Korea Agricultural Packaging Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.7. South Korea Agricultural Packaging Market Revenues & Volume Share, By Barrier Strength, 2021 & 2031F |
3.8. South Korea Agricultural Packaging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4. South Korea Agricultural Packaging Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. South Korea Agricultural Packaging Market Trends |
6. South Korea Agricultural Packaging Market, By Types |
6.1. South Korea Agricultural Packaging Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2. South Korea Agricultural Packaging Market Revenues & Volume, By Material Types, 2021-2031F |
6.1.3. South Korea Agricultural Packaging Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.4. South Korea Agricultural Packaging Market Revenues & Volume, By Metal, 2021-2031F |
6.1.5. South Korea Agricultural Packaging Market Revenues & Volume, By Paper & paperboards, 2021-2031F |
6.1.6. South Korea Agricultural Packaging Market Revenues & Volume, By Composite materials, 2021-2031F |
6.1.7. South Korea Agricultural Packaging Market Revenues & Volume, By Others , 2021-2031F |
6.2. South Korea Agricultural Packaging Market, By Product Types |
6.2.1. Overview and Analysis |
6.2.2. South Korea Agricultural Packaging Market Revenues & Volume, By Pouches & bags, 2021-2031F |
6.2.3. South Korea Agricultural Packaging Market Revenues & Volume, By Drums, 2021-2031F |
6.2.4. South Korea Agricultural Packaging Market Revenues & Volume, By Bottles & cans, 2021-2031F |
6.2.5. South Korea Agricultural Packaging Market Revenues & Volume, By Others , 2021-2031F |
6.3. South Korea Agricultural Packaging Market, By Barrier Strength |
6.3.1. Overview and Analysis |
6.3.2. South Korea Agricultural Packaging Market Revenues & Volume, By Low, 2021-2031F |
6.3.3 South Korea Agricultural Packaging Market Revenues & Volume, By Medium, 2021-2031F |
6.3.4. South Korea Agricultural Packaging Market Revenues & Volume, By High, 2021-2031F |
6.4. South Korea Agricultural Packaging Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. South Korea Agricultural Packaging Market Revenues & Volume, By Chemical pesticides, 2021-2031F |
6.4.3. South Korea Agricultural Packaging Market Revenues & Volume, By Chemical fertilizers, 2021-2031F |
6.4.4. South Korea Agricultural Packaging Market Revenues & Volume, By Biologicals, 2021-2031F |
7. South Korea Agricultural Packaging Market Import-Export Trade Statistics |
7.1. South Korea Agricultural Packaging Market Export to Major Countries |
7.2. South Korea Agricultural Packaging Market Imports from Major Countries |
8. South Korea Agricultural Packaging Market Key Performance Indicators |
9. South Korea Agricultural Packaging Market - Opportunity Assessment |
9.1. South Korea Agricultural Packaging Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2. South Korea Agricultural Packaging Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.3. South Korea Agricultural Packaging Market Opportunity Assessment, By Barrier Strength, 2021 & 2031F |
9.4. South Korea Agricultural Packaging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10. South Korea Agricultural Packaging Market - Competitive Landscape |
10.1. South Korea Agricultural Packaging Market Revenue Share, By Companies, 2024 |
10.2. South Korea Agricultural Packaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |