South Korea Food Wrapping Paper Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The South Korea Food Wrapping Paper Market is experiencing significant growth due to the rising demand for sustainable packaging solutions across various industries. With an increasing focus on environmental concerns, businesses are shifting towards eco-friendly alternatives for food packaging. The market for food wrapping paper in South Korea has evolved to cater to both traditional food industries and modern consumer needs. The materials used for wrapping, such as biodegradable paper, are not only being demanded for their eco-friendly attributes but also for their ability to maintain food hygiene and freshness.
Several industries, including the food service sector, retail, and e-commerce, have recognized the importance of food wrapping paper. The growing preference for convenient and ready-to-consume meals has led to a surge in packaging demand, particularly in food delivery services. Furthermore, South Korea’s food industry’s commitment to reducing plastic waste and adopting more sustainable practices is propelling the growth of the food wrapping paper market. This demand is primarily driven by urban consumers who value both functionality and sustainability in packaging materials.
The South Korea Food Wrapping Paper Market is also influenced by various requirements set forth by industries such as restaurants, food retailers, and manufacturers. These requirements include maintaining product freshness, durability, and ease of handling. The packaging also needs to meet specific standards for hygiene, particularly in food handling, to ensure that the paper does not contaminate the food. Additionally, the demand for custom printed food wrapping paper is on the rise as businesses look for ways to personalize their packaging to improve brand identity and customer experience.
In terms of the market's future growth, demand is expected to keep rising, especially as consumer preferences continue to shift toward more environmentally responsible practices. Innovations in food wrapping paper materials, such as water-resistant, breathable papers, are opening up new opportunities for businesses. This market’s expansion aligns with global trends that favor sustainability and eco-consciousness, signaling a promising future for the South Korea Food Wrapping Paper Market.
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Mondi Group
Stora Enso
Delfort Group
Smurfit Kappa Group
Georgia-Pacific
Twin Rivers Paper
Asia Pulp & Paper
Daio Paper
Oji Holdings
Gascogne
Verso Paper
Heinzel Group
Seaman Paper
Nordic Paper
KRPA Holding
BPM
Inc Pudumjee Paper Products
Thai Paper Mill
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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 Food Wrapping Paper Market
Paper-Based Wrapping
Plastic Wrapping
Biodegradable Wrapping
Aluminum Foil
Food Manufacturing
Food Service (Restaurants, Cafeterias)
Retail (Supermarkets, Convenience Stores)
Home Use
Food Preservation
Food Delivery
Gift Wrapping
Takeout Solutions
Pre-Cut Sheets
Rolls
Custom Sizes
Pre-Printed Designs
Lightweight (< 100 grams)
Medium Weight (100 - 300 grams)
Heavyweight (> 300 grams)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Food Wrapping Paper 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 Food Wrapping Paper Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Food Wrapping Paper Market, By Type
6. South Korea Food Wrapping Paper Market, By Application
7. South Korea Food Wrapping Paper Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Food Wrapping Paper Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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