Packaging Industry Outlook in South Korea: Market Size, Key Trends, Drivers, and Challenges to 2016

Executive Summary
The South Korean packaging market grew by XX% in 2011, and in the long term, growth is expected to revert back to pre-recession levels. It is expected to grow at a CAGR of XX% in the  forecast period to reach US$XX billion by 2016. Rising consumer incomes and growing urbanization are expected to increase consumer demand for packaging in South Korea. The pharmaceutical market is expected to grow by XX% over the next two years, driven by the needs of South Korea’s ageing population. Glass bottles and blister packs, made from plastics and metals, are expected to account for the largest share of pharmaceutical packaging. South Korea launched the “Green Mileage 30-80” campaign in 2008, aimed at reducing over-packaging and bundle-packaging waste in the country. The growing consumption of label-intensive products is expected to accelerate the demand for labeling and coding machinery. The South Korean packaging machinery market is expected to grow at a CAGR of XX% in the forecast period.

Synopsis
The report provides top-level market analysis, information and insights on the South Korean packaging industry, including:

• Current, historic and forecast values and trends for the South Korean packaging industry, including individual categories
• Comprehensive, country-specific analysis of the industry’s market attractiveness, covering key trends and drivers, South Korea’s competitive landscape and benchmarking with other key markets
• Description and analysis of the packaging categories and end-user markets for the overall packaging industry
• Porter’s Five Forces Analysis of all individual categories and the overall packaging industry

Scope
This report provides a comprehensive analysis of the packaging industry in South Korea:

• It provides historical values for the South Korean packaging industry for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key categories in South Korea’s packaging industry, along with market forecasts until 2016
• It details the different macroeconomic factors affecting the packaging industry in South Korea
• It covers an exhaustive summary on the key trends and drivers affecting the end-user markets in packaging
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in South Korea for the packaging industry
• It outlines the current regulatory framework in the industry

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the South Korean packaging industry and each category within it
• Understand the key market trends and growth opportunities within the South Korean packaging industry
• Assess the competitive dynamics in the packaging industry
• Identify the growth opportunities and industry dynamics within five key packaging categories
• Gain insights into key regulations governing the South Korean packaging industry

Key Highlights

• Increased environmental consciousness and food safety concerns in South Korea are fueling demand for higher-quality packaging.
• Paper and board packaging will continue to be the largest category, and is projected to account for almost 42.6% of total packaging industry sales in South Korea by 2016.
• The PET bottle is expected to benefit from a shift in preference from metal and other packaging formats. As a result, rigid plastic packaging will record the fastest growth during the forecast period.
• Regulations favoring reduced packaging and a reduction in packaging waste levels will impact the flexible plastic category in the forecast period, although growing demand from the pharmaceuticals market is expected to increase demand.
• Growth in metal packaging is driven by Korea’s culture and gastronomic tradition, and its preference for traditional food.

1 Executive Summary

2 Future Growth Potential of Packaging in South Korea
2.1 South Korean Packaging Market Overview
2.2 South Korean Packaging Market Future Outlook
2.3 South Korean Packaging Material Size
2.4 South Korean Packaging Market Size by Category
2.4.1 Paper and board packaging
2.4.2 Flexible plastic packaging
2.4.3 Rigid plastic packaging
2.4.4 Metal packaging
2.4.5 Glass packaging
2.5 South Korea Packaging Machinery Market Size

3 South Korea's Packaging Industry's Benchmarking
3.1 Ranking in the Global Packaging Space
3.2 Global Packaging Market Growth Potential
3.3 Market Share of Paper and Board Packaging
3.4 Market Share of Flexible Plastic Packaging
3.5 Market Share of Rigid Plastic Packaging
3.6 Market Share of Metal Packaging
3.7 Market Share of Glass Packaging

4 Market Environment, Growth Drivers and Challenges
4.1 Macroeconomic Factors
4.2 Regulatory Environment
4.3 Key End-User Market Drivers
4.4 Emerging Business Strategy Trends
4.5 Key Challenges

5 South Korean Packaging Trade Dynamics
5.1 Trade Dynamics: Overview
5.2 Packaging Import and Exports: Category Analysis

6 Industry Structure and Competitive Landscape
6.1 Competitive Landscape: Overview
6.2 Industry Dynamics: Five Forces Analysis
6.3 Five Forces Analysis: Paper and Board
6.4 Five Forces Analysis: Flexible Plastic
6.5 Five Forces Analysis: Rigid Plastic
6.6 Five Forces Analysis: Metal Packaging
6.7 Five Forces Analysis: Glass

7 Appendix
7.1 About BRICdata
7.2 Methodology
7.3 Definitions
7.4 Disclaimer

List of Tables
Table 1: South Korean Packaging Market Size (US$ Billion) by Category, 2007-2011
Table 2: South Korean Packaging Market Size (US$ Billion) by Category, 2012-2016
Table 3: South Korean Paper and Board Packaging - Market Size, 2007-2011
Table 4: South Korean Paper and Board Packaging - Market Size, 2012-2016
Table 5: South Korean Flexible Plastic Packaging - Market Size, 2007-2011
Table 6: South Korean Flexible Plastic Packaging - Market Size, 2012-2016
Table 7: South Korean Rigid Plastic Packaging - Market Size, 2007-2011
Table 8: South Korean Rigid Plastic Packaging - Market Size, 2012-2016
Table 9: South Korean Metal Packaging - Market Size, 2007-2011
Table 10: South Korean Metal Packaging - Market Size, 2012-2016
Table 11: South Korean Glass Packaging - Market Size, 2007-2011
Table 12: South Korean Glass Packaging - Market Size, 2012-2016
Table 13: South Korean Packaging Machinery - Market Size (US$ Million), 2007-2011
Table 14: South Korean Packaging Machinery - Market Size (US$ Million), 2012-2016
Table 15: South Korean GDP at Constant Prices (US$ Billion), 2007-2016 (Base Year 1999-2000)
Table 16: South Korean Annual Disposable Income (US$ Billion), 2007-2016
Table 17: South Korean Consumer Expenditure on Food (US$ Billion), 2007-2016
Table 18: South Korean Inflation (%), 2007-2016
Table 19: South Korean Packaging Market Value by End-User Market (%), 2011
Table 20: South Korean Packaging Market Size by End-User Market (US$ Billion), 2007-2011
Table 21: South Korean Packaging Market Size by End-User Market (US$ Billion), 2012-2016
Table 22: South Korean Packaging Import and Export Trends (US$ Million), 2006-2010
Table 23: South Korean Paper and Board Packaging - Exports and Imports (US$ Million), 2006-2010
Table 24: South Korean Aluminum Foil Packaging - Exports and Imports (US$ Million), 2006-2010
Table 25: South Korean Glass Packaging - Exports and Imports (US$ Million), 2006-2010
Table 26: South Korean Packaging Machinery - Exports and Imports (US$ Million), 2006-2016
Table 27: Competitive Landscape of the South Korean Packaging Industry

List of Figures
Figure 1: South Korean Packaging Market Size (US$ Billion) by Category, 2007-2011
Figure 2: South Korean Packaging Market Size (US$ Billion) by Category, 2012-2016
Figure 3: South Korean Paper and Board Packaging - Market Size, 2007-2011
Figure 4: South Korean Paper and Board Packaging - Market Size, 2012-2016
Figure 5: South Korean Flexible Plastic Packaging - Market Size, 2007-2011
Figure 6: South Korean Flexible Plastic Packaging - Market Size, 2012-2016
Figure 7: South Korean Rigid Plastic Packaging - Market Size, 2007-2011
Figure 8: South Korean Rigid Plastic Packaging - Market Size, 2012-2016
Figure 9: South Korean Metal Packaging - Market Size, 2007-2011
Figure 10: South Korean Metal Packaging - Market Size, 2012-2016
Figure 11: South Korean Glass Packaging - Market Size, 2007-2011
Figure 12: South Korean Glass Packaging - Market Size, 2012-2016
Figure 13: South Korean Packaging Machinery - Market Size (US$ Million), 2007-2011
Figure 14: South Korean Packaging Machinery - Market Size (US$ Million), 2012-2016
Figure 15: Benchmarking with Key Global Markets - Market Size (US$ Billion) 2011 vs 2016
Figure 16: Top Global Markets by Forecast Packaging Market Growth (%), 2012-2016
Figure 17: National Paper and Board Packaging Markets as a Percentage of the Global Market (%), 2011
Figure 18: National Flexible Plastic Packaging Markets as a Percentage of the Global Market, 2011
Figure 19: National Rigid Plastic Packaging Markets a Percentage of the Global Market, 2011
Figure 20: National Metal Packaging Markets as a Percentage of the Global Market, 2011
Figure 21: National Glass Packaging Markets as a Percentage of the Global Market, 2011
Figure 22:South Korean GDP at Constant Prices (US$ Billion), 2007-2016 (Base Year 1999-2000)
Figure 23: South Korean Annual Disposable Income (US$ Billion), 2007-2016
Figure 24: South Korean Consumer Expenditure on Food (US$ Billion), 2007-2016
Figure 25: South Korean Inflation (%), 2007-2016
Figure 26: South Korean Packaging Market Value by End-User Market (%), 2011
Figure 27: South Korean Packaging Market Size by End-User Market (US$ Billion), 2007-2011
Figure 28: South Korean Packaging Market Size by End-User Market (US$ Billion), 2012-2016
Figure 29: South Korean Packaging Import Export and Trends (US$ Million),  2006-2010
Figure 30: South Korean Paper and Board Packaging - Exports and Imports (US$ Million), 2006-2010
Figure 31: South Korean Rigid Plastic Packaging - Exports and Imports (US$ Million), 2006-2010
Figure 32: South Korean Rigid Plastic Packaging - Exports and Imports (US$ Million), 2006-2010
Figure 33: South Korean Aluminum Foil Packaging - Exports and Imports (US$ Million), 2006-2010
Figure 34: South Korean Glass Packaging - Exports and Imports (US$ Million), 2006-2010
Figure 35: South Korean Packaging Machinery - Exports and Imports (US$ Million), 2006-2016
Figure 36: South Korean Packaging Industry Dynamics - Paper and Board Packaging
Figure 37: South Korean Packaging Industry Dynamics - Flexible Plastic Packaging
Figure 38: South Korean Packaging Industry Dynamics - Rigid Plastic Packaging
Figure 39: South Korean Packaging Industry Dynamics - Metal Packaging
Figure 40: South Korean Packaging Industry Dynamics - Glass Packaging