South Korea Compostable Packaging Market to 2032
Overview
The South Korea Compostable Packaging Market is expected to reach a 892.16 USD Billion by 2032 and is projected to grow at a CAGR of 23.81% from 2025 to 2032.
Revenue, 2024 (USD Billion)
235.08
Forecast, 2032 (USD Billion)
892.16
CAGR, 2024 - 2032
23.81%
Report Coverage
South Korea
South Korea Compostable Packaging Market 2018-2032 USD Billion
South Korea Compostable Packaging Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 235.08 USD Billion
- Projected Market Size (2032): 892.16 USD Billion
- CAGR (2025-2032): 23.81%
Key Findings of South Korea Compostable Packaging Market
- The South Korea Compostable Packaging Market was valued at 235.08 USD Billion in 2024.
- The South Korea Compostable Packaging Market is likely to grow at a CAGR of 23.81% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Primary Packaging in Packaging Layer Segment accounted for the largest share of the market with a revenue of 195.82 USD Billion
- The fastest growing segment B2B in Distribution Channel Segment grew Fastest with a CAGR of 25.81% during the forecast period from 2024 to 2032.
South Korea Compostable Packaging Market Scope
South Korea Compostable Packaging Market Segmentation & Scope
Product Type
- Others
- Films
- Lids
- Straws
- Cutlery
- Clamshells
- Plates
- Trays
- Bowls
- Pouches & Sachets
- Cups
- Bags
Material
- Others
- Paper & Paperboard
- Plastic
End-User
- Others
- Chemical
- Medical
- Automotive
- Textile Goods
- Personal & Home Care
- Electrical & Electronics
- Agriculture
- Food & Beverages
Distribution Channel
- Others
- E-Commerce
- Specialty Stores
- Departmental Stores
- Convenience Stores
- Supermarkets/Hypermarkets
- B2B
Packaging Layer
- Tertiary Packaging
- Secondary Packaging
- Primary Packaging
South Korea Compostable Packaging Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 235.08 USD Billion |
| Market Value in 2032 | 892.16 USD Billion |
| CAGR (2025-2032) | 23.81% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Material,End-User,Distribution Channel,Packaging Layer |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 235.08 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 235.08 USD Billion in 2024.
Segments and Scope
-
South Korea Compostable Packaging Market to 2032, By Product Type
- Bags is the largest segment in South Korea Compostable Packaging Market to 2032 with a revenue of 158.72 USD Billion in the year 2024.
- Bags is the Fastest growing segment in South Korea Compostable Packaging Market to 2032 with a Growth rate of 25.43 % in forecast period 2025-2032.
-
South Korea Compostable Packaging Market to 2032, By Material
- Plastic is the largest segment in South Korea Compostable Packaging Market to 2032 with a revenue of 190.29 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in South Korea Compostable Packaging Market to 2032 with a Growth rate of 24.60 % in forecast period 2025-2032.
-
South Korea Compostable Packaging Market to 2032, By End-User
- Food & Beverages is the largest segment in South Korea Compostable Packaging Market to 2032 with a revenue of 156.47 USD Billion in the year 2024.
- Food & Beverages is the Fastest growing segment in South Korea Compostable Packaging Market to 2032 with a Growth rate of 25.48 % in forecast period 2025-2032.
-
South Korea Compostable Packaging Market to 2032, By Distribution Channel
- B2B is the largest segment in South Korea Compostable Packaging Market to 2032 with a revenue of 129.27 USD Billion in the year 2024.
- B2B is the Fastest growing segment in South Korea Compostable Packaging Market to 2032 with a Growth rate of 25.81 % in forecast period 2025-2032.
-
South Korea Compostable Packaging Market to 2032, By Packaging Layer
- Primary Packaging is the largest segment in South Korea Compostable Packaging Market to 2032 with a revenue of 195.82 USD Billion in the year 2024.
- Primary Packaging is the Fastest growing segment in South Korea Compostable Packaging Market to 2032 with a Growth rate of 23.99 % in forecast period 2025-2032.
South Korea Compostable Packaging Market Company Share Analysis
| Company Name |
|
||
| Mondi | |||
| TIPA LTD | |||
| WestRock Company | |||
| BASF SE | |||
| Amcor plc | |||
South Korea Compostable Packaging Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Compostable Packaging Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Compostable Packaging Market is segmented based on Segmentation Product Type,Material,End-User,Distribution Channel,Packaging Layer.
South Korea Compostable Packaging Market was valued at USD 235.08(Revenue in USD Billion) in 2022.
South Korea Compostable Packaging Market is projected to grow at a CAGR of 23.81% during the forecast period of 2024 to 2032.
The Primary Packaging segment is expected to dominate the South Korea Compostable Packaging Market, holding a largest market share of 195.82 USD Billion in 2024
South Korea Compostable Packaging Market Scope
South Korea Compostable Packaging Market Segmentation & Scope
Product Type
- Others
- Films
- Lids
- Straws
- Cutlery
- Clamshells
- Plates
- Trays
- Bowls
- Pouches & Sachets
- Cups
- Bags
Material
- Others
- Paper & Paperboard
- Plastic
End-User
- Others
- Chemical
- Medical
- Automotive
- Textile Goods
- Personal & Home Care
- Electrical & Electronics
- Agriculture
- Food & Beverages
Distribution Channel
- Others
- E-Commerce
- Specialty Stores
- Departmental Stores
- Convenience Stores
- Supermarkets/Hypermarkets
- B2B
Packaging Layer
- Tertiary Packaging
- Secondary Packaging
- Primary Packaging
Frequently Asked Questions
The South Korea Compostable Packaging Market is segmented based on Segmentation Product Type,Material,End-User,Distribution Channel,Packaging Layer.
South Korea Compostable Packaging Market was valued at USD 235.08(Revenue in USD Billion) in 2022.
South Korea Compostable Packaging Market is projected to grow at a CAGR of 23.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Compostable Packaging Market for final year is USD 892.16 (USD Billion).
South Korea Compostable Packaging Market Company Profiling
Frequently Asked Questions
The South Korea Compostable Packaging Market is segmented based on Segmentation Product Type,Material,End-User,Distribution Channel,Packaging Layer.
South Korea Compostable Packaging Market was valued at USD 235.08(Revenue in USD Billion) in 2022.
South Korea Compostable Packaging Market is projected to grow at a CAGR of 23.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Compostable Packaging Market for final year is USD 892.16 (USD Billion).
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