South Korea Flexible Packaging Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Printed Rollstock, Preformed Bags and Pouches, and Others), By Raw Material (Plastic, Paper, Aluminium Foil, and Cellulose), and South Korea Flexible Packaging Market Insights, Industry Trend, Forecasts to 2035

South Korea Flexible Packaging Market Insights Forecasts to 2035

• The South Korea Flexible Packaging Market Size is Expected to Grow at a CAGR of around 4.25% from 2024 to 2035 
• The South Korea Flexible Packaging Market Size is Expected to reach a significant share by 2035.

According to a research report published by Spherical Insights and Consulting, The South Korea Flexible Packaging Market Size is expected to grow 4.25% CAGR from 2024 to 2035, is expected to reach a significant share by 2035. The market is growing due to a number of factors, including the impact of the COVID-19 pandemic, the need for sustainable packaging solutions, changing consumer preferences, printing technology advancements, a strong manufacturing sector, and industry diversification.

Market Overview

The South Korea flexible packaging market encompasses the manufacturing and application of flexible packaging materials that can adapt to the shape of the product they are enclosing are included in the South Korean flexible packaging market. The food and beverage, pharmaceutical, cosmetic, and home goods industries all depend on this market. Additionally, the production of high-quality flexible packaging materials is guaranteed by the nation's well-established industrial infrastructure, satisfying both domestic and foreign demands and driving market expansion. Additionally, the market is expanding significantly due to improvements in printing technologies and the introduction of attractive, high-quality designs on flexible packaging. Accordingly, the nation's market is expanding more quickly due to the growing popularity of single-serve and portion-controlled packaging as well as the affordability of flexible packaging in terms of both production and transportation.

Report Coverage

This research report categorizes the market for the South Korea flexible 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 flexible 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 flexible packaging market.

Driving Factors

The growing need for eco-friendly and convenient packaging options is one of the major factors driving the flexible packaging market in South Korea. Consumers look for packaging that is both environmentally friendly and simple to handle and discard. Furthermore, a major factor propelling this market is the changing preferences of consumers. Because of its portability and convenience, consumers are looking for packaging that fits their on-the-go needs as their lifestyles change and become more fast-paced. Furthermore, the industry has undergone a revolution due to developments in printing technologies, which is driving market expansion.

Restraining Factors

Flexible packaging presents major recycling challenges, particularly when it comes to multi-layered materials. These materials need intricate processing and sorting, which isn't always profitable. Because of this, they frequently wind up in landfills or incinerators, which reduces the efficiency of recycling initiatives.

Market Segmentation

The South Korea Flexible Packaging Market share is classified into product type and raw material.

• The preformed bags and pouches segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea flexible packaging market is segmented by product type into printed rollstock, preformed bags and pouches, and others. Among these, the preformed bags and pouches segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Various industries, including food, beverages, pharmaceuticals, and cosmetics, use stand-up pouches, flat pouches, spouted pouches, and zipper pouches.

• 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 flexible packaging market is segmented by raw material into plastic, paper, aluminium foil, and cellulose. Among these, the plastic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Since they are affordable, long-lasting, and lightweight. These materials support high-performance applications in the automotive, electronics, and packaging industries while extending product life and lowering transportation costs.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea flexible 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

• Amcor Korea
• Berry Global Korea
• Sealed Air Korea
• Constantia Flexibles Korea
• ePac Seoul, Ltd.
• Others

Recent Developments:

• In October 2024, Nippon Paper Industries expanded its SPOPS (Sustainable Paper Outer Packaging System) into the South Korean market, introducing an innovative paper pack and dedicated dispenser to reduce plastic waste and enhance user convenience. The first products featuring SPOPS, including shampoos and body soaps, were launched under the "ECOJE" brand by UCL Co., Ltd. The system was designed to be both environmentally friendly and user-friendly, aligning with global sustainability goals.

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 Flexible Packaging Market based on the below-mentioned segments:

South Korea Flexible Packaging Market, By Type

• Printed Rollstock
• Preformed Bags and Pouches
• Others

South Korea Flexible Packaging Market, By Raw Material

• Plastic
• Paper
• Aluminium Foil
• Cellulose