South Korea Beverage Packaging Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Plastic, Metal, Glass, Paperboard, and Others), By Product (Bottles, Cans, Pouches, Cartons, and Others), and South Korea Beverage Packaging Market Insights, Industry Trend, Forecasts to 2035
Industry: Chemicals & MaterialsSouth Korea Beverage Packaging Market Insights Forecasts to 2035
- The South Korea Beverage Packaging Market Size is Expected to Grow at a CAGR of around 4.50% from 2025 to 2035.
- The South Korea Beverage Packaging Market Size is Expected to reach a significant share by 2035.
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According to a research report published by Spherical Insights and Consulting, The South Korea Beverage Packaging Market Size is expected to grow 4.50% CAGR from 2025 to 2035, is expected to reach a significant share by 2035. Some of the major factors propelling the market are the rising integration of smart packaging technologies, the growing demand for sustainable packaging solutions made from biodegradable plastics, compostable materials, and recyclable elements, and the growing adoption of durable packaging by e-commerce beverage companies.
Market Overview
The South Korea beverage packaging market encompasses production and distribution of containers for packaging liquid consumables, such as alcoholic and non-alcoholic beverages, are included in the South Korean beverage packaging market. Different materials, including plastic, metal, glass, and paperboard, as well as packaging formats, including bottles, cans, pouches, and cartons, are integrated in this market. It improves consumer appeal through branding and design, protects the product, maintains quality, and makes transportation easier. Additionally, one of the key factors driving the market's expansion in South Korea at the moment is the rising demand for environmentally friendly beverage packaging options made of recyclable materials, compostable materials, and biodegradable plastics. Additionally, consumers are making more environmentally friendly decisions, which is driving beverage companies to use materials and designs that have the least negative effects on the environment. In addition, the market is expanding as a result of the incorporation of smart packaging technologies. In order to improve consumer interaction, provide product information, and facilitate traceability, advanced technologies like radio-frequency identification (RFID), near field communication (NFC), and quick response (QR) codes are being integrated into packaging. This helps with supply chain efficiency by enabling real-time tracking of inventory and product movements, in addition to marketing and branding objectives.
Report Coverage
This research report categorizes the market for the South Korea beverage packaging market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea beverage packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea beverage packaging market.
South Korea Beverage Packaging Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 4.50% |
Historical Data for: | 2020-2023 |
No. of Pages: | 267 |
Tables, Charts & Figures: | 103 |
Segments covered: | By Material Type and By Product |
Companies covered:: | Dongwon System, SGC Solutions Co., Ltd, Somang Glass Co., Ltd, Verescence Pacific, Inc, KC Glass & Materials Co., Ltd, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
On-the-go and single-serve packaging formats are becoming more popular because they meet the needs of consumers who lead hectic lives and want convenience without sacrificing product quality. Innovations that shape preferences and propel market growth include resealable caps, portable pouches, and small designs. In order to create a distinctive brand and strengthen their relationship with customers, major market participants are also spending money on customizable packaging. A more unique and memorable customer experience is being achieved by utilizing interactive elements on the packaging, customized labels, and packaging graphics. Additionally, the market is expanding as a result of e-commerce beverage companies' growing use of sturdy packaging to safeguard the product during shipping and enhance the unboxing experience.
Restraining Factors
South Korean consumers may be resistant to change, even in the face of increased environmental consciousness. Adoption of sustainable alternatives may be hampered by the ease of single-use packaging and a predilection for conventional packaging formats. Though widespread behavioral change takes time, efforts to promote recyclable and reusable packaging are ongoing.
The South Korea Beverage Packaging Market share is classified into material and product.
- The plastic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea beverage packaging market is segmented by material into plastic, metal, glass, paperboard, and others. Among these, the plastic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The main cause of this dominance is the extensive use of PET (polyethylene terephthalate) bottles, which are preferred for their superior barrier qualities, affordability, and portability. Because of these qualities, PET bottles are especially well-suited for storing bottled water, carbonated soft drinks, and ready-to-drink (RTD) teas and coffees.
- The bottles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea beverage packaging market is segmented by product into bottles, cans, pouches, cartons, and others. Among these, the bottles segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. These packaging formats are widely used in alcoholic beverages, juices, and carbonated drinks, which helps explain their market dominance.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea beverage packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Dongwon System
- SGC Solutions Co., Ltd
- Somang Glass Co., Ltd
- Verescence Pacific, Inc
- KC Glass & Materials Co., Ltd
- Others
Recent Developments:
- In March 2020, Yakult Korea introduced its aseptic beverage in Ecolean Air Aseptic lightweight packaging, offering microwaveable, durable, and user-friendly features to enhance consumer convenience.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Beverage Packaging Market based on the below-mentioned segments:
South Korea Beverage Packaging Market, By Material
- Plastic
- Metal
- Glass
- Paperboard
- Others
South Korea Beverage Packaging Market, By Product
- Bottles
- Cans
- Pouches
- Cartons
- Others
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