Market Forecast By Type (Kraft paper, Greaseproof Paper, Coated Paper), By End-users (Hotels, Restaurants, Cafes, Fast Food Outlets, Cinemas, Airline & Railway Catering, Institutional) And Competitive Landscape
Product Code: ETC028843 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Korea Food Wrapping and Packaging Paper Market |
Forecast Period | 2025-2031 |
Market Size | USD 610 Million by 2031 |
CAGR | 6.5% |
Growing Sector | Food and Beverage |
The South Korea Food Wrapping and Packaging Paper market report thoroughly covers the market by type and by end user. The report provides an unbiased and detailed analysis of the on-going 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.
In 2025, the South Korea Food Wrapping and Packaging Paper market is valued at approximately $ 460 million, with a projected compound annual growth rate (CAGR) of 6.5% over the next five years. Additionally, by 2031, the market is expected to reach around $ 610 million. The food and beverage sector holds significant position in the overall market.
The food wrapping and packaging paper market in South Korea is witnessing steady growth, driven by a combination of consumer demand for sustainable packaging solutions and the increasing popularity of convenient, ready-to-eat food options. With growing awareness about environmental issues and the need to reduce plastic waste, both consumers and businesses are turning to paper-based alternatives, such as biodegradable, recyclable, and compostable packaging. The South Korean government has also been encouraging the reduction of plastic usage, bolstering the demand for eco-friendly materials. The foodservice industry, including takeaway and delivery services, is a major driver of this market, while innovations in food-safe paper, such as moisture- and grease-resistant coatings, are helping to cater to diverse food applications. Overall, the market is expected to continue evolving in line with sustainability trends and the growing need for convenient food packaging solutions.
According to 6Wresearch, South Korea Food Wrapping and Packaging Paper market size is projected to grow at a CAGR of 6.5% during 2025-2031. The growth of the food wrapping and packaging paper market in South Korea is primarily driven by increasing consumer awareness and demand for eco-friendly, sustainable packaging alternatives. As global and local environmental concerns over plastic waste rise, both consumers and businesses are adopting paper-based packaging to reduce their carbon footprint. Government regulations, including bans and restrictions on single-use plastics, are further accelerating this shift toward biodegradable and recyclable materials. The booming food delivery and takeaway sector, particularly in urban areas, also contributes significantly to market expansion.
However, the market faces challenges such as the high cost of paper packaging compared to traditional plastic, which may deter some businesses from fully transitioning to eco-friendly options. Supply chain disruptions, including the availability and cost of raw materials for paper production, as well as economic uncertainties, can further complicate market growth. Additionally, while sustainability is a key trend, the performance of paper packaging, such as moisture and grease resistance, must continuously improve to meet the diverse needs of the food industry.
Key companies in the South Korea food wrapping and packaging paper market include Mondi Group, known for its sustainable and innovative paper packaging solutions, including biodegradable and recyclable materials. Smurfit Kappa, a leading player in the global paper packaging industry, offers eco-friendly and customized paper-based food packaging products. International Paper Company is a significant provider of paper packaging materials that focus on sustainability and food safety. WestRock Company offers a wide range of paper products, including food-safe, moisture-resistant packaging.
UPM-Kymmene Corporation is another major player, providing high-quality, recyclable paper for food packaging applications. Daewon Paper is a local player in the South Korean market that focuses on producing food-grade paper packaging, meeting both functional and environmental requirements. Additionally, some of these players hold majority of the South Korea Food Wrapping and Packaging Paper market share. Moreover, these companies are pivotal in driving the market's shift towards sustainable food packaging solutions, leveraging innovations in paper materials to cater to the growing demand for eco-friendly alternatives in South Korea.
In South Korea, government regulations regarding food wrapping and packaging paper are increasingly focused on promoting sustainability and reducing plastic waste. The government has implemented strict policies aimed at minimizing the environmental impact of single-use plastics, encouraging the adoption of recyclable and biodegradable materials in food packaging. Regulations require that packaging materials meet specific food safety standards, ensuring that they are safe for direct contact with food.
Additionally, the government has introduced initiatives to encourage recycling and reduce waste, including extended producer responsibility (EPR) schemes that hold manufacturers accountable for the disposal and recycling of their packaging. Further, these initiatives have further boosted the South Korea Food Wrapping and Packaging Paper market revenues. Furthermore, as part of its broader environmental goals, South Korea is also promoting eco-friendly packaging alternatives through incentives for businesses to invest in sustainable solutions, positioning the market for continued growth in paper-based packaging.
The future of the food wrapping and packaging paper market in South Korea looks promising, with continued growth driven by the increasing demand for sustainable packaging solutions. As consumers and businesses place greater emphasis on eco-friendly materials, the adoption of recyclable, biodegradable, and paper-based alternatives is expected to accelerate. Technological advancements in paper packaging, such as improved moisture and grease resistance, will further enhance the functionality and appeal of paper products.
With government regulations pushing for reduced plastic usage and more sustainable practices, the market will likely see stronger support for innovative, environmentally friendly packaging options. The rise of the food delivery and takeaway sectors, along with the demand for premium, aesthetically pleasing packaging, will continue to fuel market expansion. As consumer preferences evolve and sustainability becomes an integral part of packaging strategies, the food wrapping and packaging paper market in South Korea is set to experience steady growth in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the coated paper category in South Korea's food wrapping and packaging paper market is experiencing significant growth due to its superior properties, such as enhanced durability, moisture resistance, and high-quality finish. Coated paper is increasingly favored for food packaging, as it offers both functional benefits, like better protection for food items, and aesthetic advantages, with a glossy appearance that appeals to consumers. This trend is particularly noticeable in premium food packaging for products like baked goods, fast food, and ready-to-eat meals. Innovations in sustainable coatings, such as water-based and eco-friendly options, are also contributing to the expansion of this category, as businesses seek to align with environmental goals.
The restaurants end-user segment in South Korea's food wrapping and packaging paper market is experiencing strong growth, driven by the increasing popularity of takeout and delivery services. As consumer preferences shift towards convenience and on-the-go dining, restaurants are turning to paper-based packaging solutions for food delivery, takeaway orders, and in-house dining. The growing demand for sustainable and eco-friendly packaging, in response to both consumer awareness and government regulations aimed at reducing plastic waste, is further accelerating this trend. Additionally, restaurants are seeking to improve customer experiences by using high-quality, aesthetically appealing packaging that aligns with premium branding and food presentation.
The South Korea Food Wrapping and Packaging Paper market report provides a detailed analysis of the following market segments -
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 Food Wrapping and Packaging Paper Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Food Wrapping and Packaging Paper Market - Industry Life Cycle |
3.4 South Korea Food Wrapping and Packaging Paper Market - Porter's Five Forces |
3.5 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 South Korea Food Wrapping and Packaging Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Food Wrapping and Packaging Paper Market Trends |
6 South Korea Food Wrapping and Packaging Paper Market, By Types |
6.1 South Korea Food Wrapping and Packaging Paper Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Kraft paper, 2021 - 2031F |
6.1.4 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Greaseproof Paper, 2021 - 2031F |
6.1.5 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Coated Paper, 2021 - 2031F |
6.2 South Korea Food Wrapping and Packaging Paper Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Hotels, 2021 - 2031F |
6.2.3 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.2.4 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Cafes, 2021 - 2031F |
6.2.5 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Fast Food Outlets, 2021 - 2031F |
6.2.6 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Cinemas, 2021 - 2031F |
6.2.7 South Korea Food Wrapping and Packaging Paper Market Revenues & Volume, By Airline & Railway Catering, 2021 - 2031F |
7 South Korea Food Wrapping and Packaging Paper Market Import-Export Trade Statistics |
7.1 South Korea Food Wrapping and Packaging Paper Market Export to Major Countries |
7.2 South Korea Food Wrapping and Packaging Paper Market Imports from Major Countries |
8 South Korea Food Wrapping and Packaging Paper Market Key Performance Indicators |
9 South Korea Food Wrapping and Packaging Paper Market - Opportunity Assessment |
9.1 South Korea Food Wrapping and Packaging Paper Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Food Wrapping and Packaging Paper Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 South Korea Food Wrapping and Packaging Paper Market - Competitive Landscape |
10.1 South Korea Food Wrapping and Packaging Paper Market Revenue Share, By Companies, 2024 |
10.2 South Korea Food Wrapping and Packaging Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |