The market is dominated by domestic suppliers, as imports account for 2.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. South Korea has the third largest market size for corrugated paper, paperboard and containers regionally, with demand reaching USD9.8 billion in 2022. Tailim Packaging Industrial Co Ltd is the largest company in South Korea, generating 5.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.5% of total production value in 2022. The total number of companies decreases in 2022, to 7,213 units. The costs of the industry decrease by 16.6% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 10.7% of production value in 2022, the seventh highest regionally. The industry’s exports share increases in 2022 to 2.2% of total production output. With production value of USD9.0 billion, South Korea accounts for 8.5% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Corrugated Paper, Paperboard and Containers in South Korea: ISIC 2102. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Corrugated Paper, Paperboard and Containers in South Korea: ISIC 2102 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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