SOUTH KOREA PAPER BASED PACKAGING MARKET

INTRODUCTION

Paper based packaging is a versatile and versatile solution for transporting products from one location to another.

Paper-based packaging can include boxes, bags, wraps, pouches, and tubes, and it is becoming increasingly popular in South Korea, thanks to its cost-effectiveness and eco-friendliness. Paper-based packaging is typically made from kraft paper, corrugated paper, or cardboard, and it is a great way to protect and transport goods. 

Cardboard boxes provide excellent protection and can be customized in a variety of sizes and shapes to meet the needs of the end user.

Kraft paper pouches are excellent for dry products and are light weight and cost-effective, making them an attractive choice when transporting food, health, and beauty products.

Corrugated paper wraps offer an extra layer of cushioning for items that require additional protection during transport.

Finally, paper tubes are a great way to transport and display items such as posters and artwork, and paper bags are popular for packaging small items such as jewelry and accessories.

Overall, paper-based packaging is becoming increasingly popular in South Korea due to its cost-effectiveness, durability, and environmental friendliness.

It is a versatile solution that can be customized to meet the needs of the end user, while also providing a secure and reliable way to transport goods from one location to another. Additionally, paper-based packaging can be recycled, reducing the amount of waste sent to landfills.

SOUTH KOREA PAPER BASED PACKAGING MARKET SIZE AND FORECAST

The South Korea Paper based packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELOPMENT

Kolmar Korea, a cosmetics and pharmaceuticals firm based in South Korea, has developed an environmentally friendly paper packaging specifically for tube-shaped beauty creams.However, packaging certain products sustainably is easier than packaging others.

For creams and liquids, brands and manufacturers are frequently discouraged from utilising paper and biodegradable packaging, citing durability as the primary concern. Plastic, on the other hand, offers a lighter and more affordable alternative than glass.

These packing issues were taken into consideration when creating Kolmar Korea's Paper Tube. Paper Tubes, which are more cost-effective alternative to plastic since they are reinforced with a waterproof layer of coated paper, can store up to 50 kg and retain moisture without becoming soggy, assuring durability during transportation or storage.

With a multi-layer pouch that shields formulations against contamination, Lumson has introduced XPaper, paper airless packaging. In order to make recycling and material recovery easier when a product is done, the design of the packaging permits the plastic and paper components to be separated.  In addition to using 47% less plastic and weighing almost 50% less than a comparable PET container, the paper bottle also emits 34% less CO2.

Moreover, the consumption of resources, minerals, and metals has decreased by 92%. Comparing a 50 ml XPaper bottle with a Lumson PET bottle of the same size, this comparison is based on a SPICE study.

Hot stamping effects and offset printing (up to six colours) are available for customization on XPaper packaging.A new option is now available for cosmetic companies who want to replace plastic in their goods with paper-based alternatives in order to limit the amount of plastic used.

A novel component in the creation of an all-encompassing and environmentally friendly approach to cosmetic packaging in XPaper. Every practical component of the packaging has been created to support post-consumer recycling and adhere to product specifications.

Specifically, the paper bottles completely satisfy the structural specifications for product confinement and are manufactured with certified paper from sustainable sources. Additionally, they are simple to disassemble for cardboard and paper recycling.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Paper based packaging are manufactured per annum in South Korea? Who are the sub-component suppliers in different regions?
2. Cost breakup of a South Korea Paper based packaging and key vendor selection criteria
3. Where is the Paper based packaging manufactured? What is the average margin per unit?
4. Market share of South Korea Paper based packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture South Korea Paper based packaging in-house
6. key predictions for next 5 years in South Korea Paper based packaging market
7. Average B-2-B Paper based packaging market price in all segments
8. Latest trends in Paper based packaging market, by every market segment
9. The market size (both volume and value) of the Paper based packaging market in 2023-2030 and every year in between?
10. Production breakup of Paper based packaging market, by suppliers and their OEM relationship