South Korea Thermoform Trays Market to 2032
Overview
The South Korea Thermoform Trays Market is expected to reach a 121.49 USD Million by 2032 and is projected to grow at a CAGR of 6.47% from 2025 to 2032.
Revenue, 2024 (USD Million)
85.07
Forecast, 2032 (USD Million)
121.49
CAGR, 2024 - 2032
6.47%
Report Coverage
South Korea
South Korea Thermoform Trays Market 2018-2032 USD Million
South Korea Thermoform Trays Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 85.07 USD Million
- Projected Market Size (2032): 121.49 USD Million
- CAGR (2025-2032): 6.47%
Key Findings of South Korea Thermoform Trays Market
- The South Korea Thermoform Trays Market was valued at 85.07 USD Million in 2024.
- The South Korea Thermoform Trays Market is likely to grow at a CAGR of 6.47% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Healthcare in End-Use Segment accounted for the largest share of the market with a revenue of 85.07 USD Million
- The fastest growing segment PET Trays in Product Segment grew Fastest with a CAGR of 7.20% during the forecast period from 2024 to 2032.
South Korea Thermoform Trays Market Scope
South Korea Thermoform Trays Market Segmentation & Scope
Material
- Others
- Paper & Paperboard
- Plastic
Thermoforming Process
- Twin Sheet Forming
- Pressure Forming
- Vacuum Forming
Shape
- Others
- Round
- Rectangular
Usage
- Non-Disposable
- Disposable
Distribution Channel
- B2C
- B2B
Barrier Material
- Others
- Silicon Oxide Coatings
- Acrylic Coatings
- EVOH (Ethylene Vinyl Alcohol)
- Aluminium Foil
- Metallized Films
- PVDC (Polyvinylidene Chloride)
Amount of Polymer
- Above 150 Grams
- 100 – 150 Grams
- 10- 50 Grams
- 50- 100 Grams
End-Use
- Others
- Home Care
- Hotels, Restaurants & Cafes
- Personal Care
- Electronics
- Food
- Healthcare
Product
- Others
- Drip Trays
- Dunnage Trays
- Insert Trays
- Shelf Display Trays
- Standard Trays
- Oxygen Ingress Barrier Trays
- Clamshells
- PET Trays
South Korea Thermoform Trays Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 85.07 USD Million |
| Market Value in 2032 | 121.49 USD Million |
| CAGR (2025-2032) | 6.47% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material,Thermoforming Process,Shape,Usage,Distribution Channel,Barrier Material,Amount of Polymer,End-Use,Product |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 85.07 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 85.07 USD Million in 2024.
Segments and Scope
-
South Korea Thermoform Trays Market to 2032, By Material
- Plastic is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 51.03 USD Million in the year 2024.
- Plastic is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.62 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Thermoforming Process
- Vacuum Forming is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 42.69 USD Million in the year 2024.
- Vacuum Forming is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.70 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Shape
- Rectangular is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 46.59 USD Million in the year 2024.
- Rectangular is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.69 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Usage
- Disposable is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 48.08 USD Million in the year 2024.
- Disposable is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.70 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Distribution Channel
- B2B is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 58.57 USD Million in the year 2024.
- B2B is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.61 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Barrier Material
- PVDC (Polyvinylidene Chloride) is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 25.90 USD Million in the year 2024.
- PVDC (Polyvinylidene Chloride) is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.93 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Amount of Polymer
- 50- 100 Grams is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 29.28 USD Million in the year 2024.
- 50- 100 Grams is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.98 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By End-Use
- Healthcare is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 85.07 USD Million in the year 2024.
- Food is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 6.47 % in forecast period 2025-2032.
-
South Korea Thermoform Trays Market to 2032, By Product
- PET Trays is the largest segment in South Korea Thermoform Trays Market to 2032 with a revenue of 20.64 USD Million in the year 2024.
- PET Trays is the Fastest growing segment in South Korea Thermoform Trays Market to 2032 with a Growth rate of 7.20 % in forecast period 2025-2032.
South Korea Thermoform Trays Market Company Share Analysis
| Company Name |
|
||
| WestRock Company | |||
| Sonoco Products Company | |||
| Amcor plc | |||
| DS Smith | |||
| Pactiv LLC | |||
South Korea Thermoform Trays Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Thermoform Trays Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Thermoform Trays Market is segmented based on Segmentation Material,Thermoforming Process,Shape,Usage,Distribution Channel,Barrier Material,Amount of Polymer,End-Use,Product.
South Korea Thermoform Trays Market was valued at USD 85.07(Revenue in USD Million) in 2021.
South Korea Thermoform Trays Market is projected to grow at a CAGR of 6.47% during the forecast period of 2024 to 2032.
The Healthcare segment is expected to dominate the South Korea Thermoform Trays Market, holding a largest market share of 85.07 USD Million in 2024
South Korea Thermoform Trays Market Scope
South Korea Thermoform Trays Market Segmentation & Scope
Material
- Others
- Paper & Paperboard
- Plastic
Thermoforming Process
- Twin Sheet Forming
- Pressure Forming
- Vacuum Forming
Shape
- Others
- Round
- Rectangular
Usage
- Non-Disposable
- Disposable
Distribution Channel
- B2C
- B2B
Barrier Material
- Others
- Silicon Oxide Coatings
- Acrylic Coatings
- EVOH (Ethylene Vinyl Alcohol)
- Aluminium Foil
- Metallized Films
- PVDC (Polyvinylidene Chloride)
Amount of Polymer
- Above 150 Grams
- 100 – 150 Grams
- 10- 50 Grams
- 50- 100 Grams
End-Use
- Others
- Home Care
- Hotels, Restaurants & Cafes
- Personal Care
- Electronics
- Food
- Healthcare
Product
- Others
- Drip Trays
- Dunnage Trays
- Insert Trays
- Shelf Display Trays
- Standard Trays
- Oxygen Ingress Barrier Trays
- Clamshells
- PET Trays
Frequently Asked Questions
The South Korea Thermoform Trays Market is segmented based on Segmentation Material,Thermoforming Process,Shape,Usage,Distribution Channel,Barrier Material,Amount of Polymer,End-Use,Product.
South Korea Thermoform Trays Market was valued at USD 85.07(Revenue in USD Million) in 2021.
South Korea Thermoform Trays Market is projected to grow at a CAGR of 6.47% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Thermoform Trays Market for final year is USD 121.49 (USD Million).
South Korea Thermoform Trays Market Company Profiling
Frequently Asked Questions
The South Korea Thermoform Trays Market is segmented based on Segmentation Material,Thermoforming Process,Shape,Usage,Distribution Channel,Barrier Material,Amount of Polymer,End-Use,Product.
South Korea Thermoform Trays Market was valued at USD 85.07(Revenue in USD Million) in 2021.
South Korea Thermoform Trays Market is projected to grow at a CAGR of 6.47% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Thermoform Trays Market for final year is USD 121.49 (USD Million).
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