South Korea Intelligent Packaging Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
The South Korean intelligent packaging market is experiencing significant growth, driven by advancements in technology and evolving industry demands. In 2024, the augmented reality packaging segment alone generated revenues of USD 7.2 million and is projected to reach USD 10.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.6%. citeturn0search0
Various industries are adopting intelligent packaging solutions to enhance product functionality and consumer engagement. The food and beverage sector, accounting for 38.89% of the market share in 2024, utilizes technologies like QR codes and smart labels to provide detailed product information and improve traceability. citeturn0search0 These innovations not only ensure product safety but also cater to the growing consumer demand for transparency.
In the healthcare and pharmaceutical industries, intelligent packaging plays a crucial role in maintaining product integrity and patient safety. Features such as tamper-evident seals and real-time tracking are essential to comply with stringent regulatory standards and to prevent counterfeiting. The integration of Near Field Communication (NFC) technology allows for seamless communication between medical devices and packaging, enhancing user experience and adherence to medication regimens. citeturn0search1
The personal care and cosmetics sector is also leveraging intelligent packaging to boost consumer interaction and brand loyalty. Innovative designs incorporating smart technology, such as airless pumps and dropper bottles, not only enhance product usability but also align with the industry's emphasis on aesthetics and functionality. citeturn0search4
South Korea's industrial electronics packaging market is witnessing a surge in demand for specialized solutions. Power electronics packaging, encompassing converters, inverters, and battery management systems, requires advanced materials to ensure thermal management and electromagnetic shielding. Companies like Samsung and LG are driving the need for precision-engineered protective packaging to safeguard sensitive components during transportation and storage. citeturn0search3
As the intelligent packaging market evolves, sustainability remains a key consideration. The Korean packaging industry, valued at $30.3 billion annually, is increasingly focusing on eco-friendly materials and designs that reduce environmental impact. This shift not only addresses regulatory pressures but also resonates with environmentally conscious consumers. citeturn0search2
In summary, the South Korean intelligent packaging market is poised for continued growth, driven by technological innovations and the diverse requirements of various industries. The integration of smart technologies enhances product functionality, ensures safety, and meets the evolving expectations of consumers and regulatory bodies alike.
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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 Intelligent Packaging Market
Smart Labels
Active Packaging
Smart Wrappers
RFID (Radio-Frequency Identification)
Sensors and Indicators
Food and Beverage
Pharmaceuticals
Cosmetics and Personal Care
Electronics
Logistics and Supply Chain
Plastic
Paper and Paperboard
Metal
Glass
Biodegradable Materials
Monitoring and Tracking
Temperatures and Environmental Control
Communication and Information Sharing
Preservation and Shelf Life Extension
Fraud Detection and Anti-Counterfeiting
Retail
Healthcare
Aerospace
Automotive
Home Appliances
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Intelligent Packaging 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 Intelligent Packaging Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Intelligent Packaging Market, By Type
6. South Korea Intelligent Packaging Market, By Application
7. South Korea Intelligent Packaging Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Intelligent Packaging Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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