In 2017, the packaging market in South Korea valued at around 44.2 trillion South Korean won and was expected to reach 56 trillion South Korean won by 2020. Especially the food packaging sector accounting for more than half of the packaging market is growing along with the increasing popularity of HMR (Home Meal Replacement) due to social changes such as single-person households and the aging population.
Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won)
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Asia Economy Daily. (August 28, 2019). Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won) [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/
Asia Economy Daily. "Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won)." Chart. August 28, 2019. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/
Asia Economy Daily. (2019). Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won). Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/
Asia Economy Daily. "Market Size of Packaging in South Korea from 2010 to 2020 (in Trillion South Korean Won)." Statista, Statista Inc., 28 Aug 2019, https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/
Asia Economy Daily, Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/ (last visited March 19, 2024)
Market size of packaging in South Korea from 2010 to 2020 (in trillion South Korean won) [Graph], Asia Economy Daily, August 28, 2019. [Online]. Available: https://www.statista.com/statistics/1098068/south-korea-packaging-market-size/