The market is dominated by domestic suppliers, as imports account for 18.3% of total market size in 2025. B2B drives market demand, with B2B spending representing 100% of total demand in 2025. South Korea has the third largest market size for recycling of non-metal waste regionally, with demand reaching USD2.7 billion in 2025. Tae Seo Recycling Co Ltd is the largest company in South Korea, generating 5.1% of the industry’s total production value in 2025. The industry is fragmented, with the top four companies generating 9.9% of total production value in 2025. The total number of companies increases in 2025, to 2,746 units. The costs of the industry increase by 3.8% in 2025, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 15.8% of production value in 2025, the 14th highest regionally. The industry’s exports share decreases in 2025 to 1.8% of total production output. With production value of USD1.7 billion, South Korea accounts for 1.3% of the Asia Pacific total in 2025.
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This Euromonitor industrial report provides unique information on Recycling of Non-metal Waste in South Korea: ISIC 372. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Non-metal Waste in South Korea: ISIC 372 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Utilities and Recycling in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Recycling of Non-metal Waste in South Korea: ISIC 372
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Market Overview
Utilities and Recycling
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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