South Korea Reusable Plastic Corrugated Board Market was valued at USD 300 Million in 2022 and is projected to reach USD 470 Million by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The South Korea reusable plastic corrugated board market has witnessed significant growth in recent years, driven by increased demand for sustainable packaging solutions. These boards are becoming a preferred choice in various industries due to their durability, recyclability, and cost-efficiency. Companies across sectors such as retail, automotive, food and beverage, and logistics are increasingly adopting reusable plastic corrugated boards for packaging and transportation needs.
One of the primary reasons behind this surge is the growing awareness of environmental impact and the push towards eco-friendly packaging. Reusable plastic corrugated boards offer a sustainable alternative to traditional cardboard, which often ends up in landfills. These plastic boards are not only more durable but can be reused multiple times, making them an attractive option for businesses looking to reduce their carbon footprint and operational costs.
The logistics and transportation sectors are significant contributors to the demand for reusable plastic corrugated boards. These industries require robust, lightweight packaging solutions to protect products during transit. The strong yet lightweight nature of these plastic boards ensures that goods are secure while reducing shipping costs due to the reduced weight. This has made them a favorite in the global supply chain, particularly for industries dealing with fragile or heavy products.
Moreover, the food and beverage industry in South Korea is increasingly adopting reusable plastic corrugated boards for packaging fresh produce, dairy, and processed foods. The ability to keep products safe from contamination and spoilage, while maintaining hygiene standards, has made these boards indispensable. In addition, these boards are easy to clean and disinfect, offering practical advantages in a highly regulated sector like food safety.
In terms of industry requirements, businesses are seeking materials that are not only eco-friendly but also cost-effective, easy to transport, and versatile in use. Reusable plastic corrugated boards meet these needs perfectly. With South Korea’s ambitious sustainability targets, industries are expected to continue adopting these innovative solutions in the coming years, contributing to a greener and more efficient future for packaging.
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Coroplast
Distriplast
DS Smith
Karton
Northern Ireland Plastics
Primex Plastics
Sangeeta
SIMONA
Tah Hsin Industrial
Zibo Kelida Plastic
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Reusable Plastic Corrugated Board Market
Polypropylene (PP)
Polyethylene (PE)
Other Engineering Plastics
Packaging Solutions
Conveyor Belt Systems
Storage and Handling
Custom Fabricated Products
Food and Beverage
Electronics
Automotive
Pharmaceuticals
Retail
Single Wall
Double Wall
Triple Wall
Natural
Colored
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Reusable Plastic Corrugated Board Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Reusable Plastic Corrugated Board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Reusable Plastic Corrugated Board Market, By Type
6. South Korea Reusable Plastic Corrugated Board Market, By Application
7. South Korea Reusable Plastic Corrugated Board Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Reusable Plastic Corrugated Board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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