Glassine Paper Industry Analysis in Korea

Glassine Paper Sales Forecast in Korea from 2024 to 2034

The glassine paper ecosystem in Korea is forecast to expand at a CAGR of 6.0% from 2024 to 2034. Sales of glassine paper in Korea are poised to witness significant opportunities with an expected valuation of USD 96.7 million in 2024.

Attributes	Details
Expected Value in 2024	USD 96.7 million
Projected Value in 2034	USD 173.4 million
CAGR Estimation from 2024 to 2034	6.0%

Shifting consumer preferences towards sustainable packaging has prompted manufacturers to adopt eco-friendly alternatives such as glassine paper. This shift in consumer demand drives companies to adjust their packaging strategies, aiming to stay competitive by aligning with the growing preference for environmentally friendly options. By 2034, glassine paper demand in Korea will likely secure a value of USD 173.4 million.

Key Insights and Highlights to Understand Emerging and Fast-growing Opportunities

• The growth of various industries requiring specialized packaging, such as food, pharmaceuticals, and cosmetics, contributes significantly to the demand for glassine paper in Korea.
• Increased awareness and preference for eco-friendly and sustainable packaging materials have led to a surge in demand for biodegradable and recyclable options like glassine paper in Korea.

Key Trends Influencing Demand for Glassine Paper in Korea

• The growth of e-commerce in Korea has increased the demand for efficient and protective packaging materials.
• Continuous advancements in paper manufacturing technologies influence the glassine paper demand in Korea.
• Increasing consumer preference for products packaged in sustainable materials drives the demand for glassine paper, influencing purchasing decisions and brand loyalty.
• Increased demand in the food industry owing to its grease-resistant and moisture-resistant properties.
• The Korean cosmetics industry uses glassine paper for product packaging to meet consumer demands for both aesthetics and sustainability.

Province wise Insights

Increase Applications in Food Processing to Boost Industry Sales in South Gyeonsang

Substantial presence of a food processing sector in South Gyeongsang province, glassine paper emerges as a prime choice for packaging various food products. Its exceptional resistance to grease and moisture aligns perfectly with the needs of this region, covering seafood, agricultural goods, and traditional Korean foods.

Glassine paper is use in packaging sensitive cosmetic products, such as creams, lotions, or masks, aligns with the requirements of this sector, which emphasizes both functionality and aesthetic appeal. Glassine paper's transparency and printability make it useful in packaging and protecting the province's handmade crafts, art pieces, or specialty products.

Growing Retail and E-commerce boost the Industry Growth in North Jeolla

The thriving agricultural output of North Jeolla Province, renowned for its rice, fruits, and vegetables, presents an opportunity for leveraging glassine paper. Its protective capabilities against moisture and grease position it as a viable solution for preserving the quality of fresh produce during storage and transportation, driving its potential use in packaging within the agricultural sector.

The demand for packaging materials remains significant in retail and e-commerce. Glassine paper, known for its protective and visually appealing properties, could be used for packaging items sold online or in retail stores across different industries in North Jeolla

Category-wise insights

Bleached Glassine Paper Indicates Bright Growth Prospects in The Korean Glassine Paper Industry

Based on material, glassine paper in Korea is likely to be dominated by the bleached segment, with a share of 65.90%. Bleached glassine paper offers a pristine, white appearance, making it visually appealing. This aspect is particularly valuable in industries where product presentation and aesthetics play a significant role, such as cosmetics, high-end food packaging, and luxury goods.

Bleached glassine paper provides an excellent surface for printing. Its smooth and uniform texture allows for vibrant and high-quality printing, making it an ideal choice for brands looking to showcase their logos, designs, or product information prominently. Bleached glassine paper maintains the inherent properties of regular glassine paper, including its grease resistance, moisture resistance, and protective qualities.

Attribute	Details
Material	Bleached
Value Share	65.90%

Demand for Glassine Paper in Food Industry to Remain High

Based on end-use, the food segment will likely dominate glassine paper in Korea, with a share of 28.40%. In the food industry, especially for items like bakery products, confectionery, and snacks, maintaining hygiene and freshness is crucial.

The protective qualities of glassine paper helps preserve the quality of these food items. Glassine paper is used in various packaging formats, such as pouches, bags, or wrappers, making it adaptable to different types of food products, both solid and semi-solid.

With the increasing consumer demand for eco-friendly and sustainable packaging options, glassine paper's biodegradability and recyclability make it an appealing choice for food companies aiming to align with these preferences.

Attribute	Details
End Use	Food
Value Share	28.40%

Competitive Landscape

Industry players in glassine paper in Korea are using mergers & acquisitions as a critical strategy for expanding their geographical presence and for more business in terms of revenue

Key Players in the Glassine Paper Landscape in Korea

• Osung Industry
• UPM Specialty Papers
• KRPA Paper
• Metsa Tissue
• Riverside Paper
• Glassine Canada Inc.
• Nippon Paper Industries
• Glatfelter Corporation
• Singhvi Foils
• Lintec Corp.

Product Offering

Seaman Paper Korea specializes in various specialty papers, including glassine paper. They focus on customization and providing tailored solutions to clients in industries such as food packaging, cosmetics, and crafts.

Scope of the Report

Attribute	Details
Estimated Industry Size in 2024	USD 96.7 million
Projected Industry Size in 2034	USD 173.4 million
Anticipated CAGR between 2024 to 2034	6.0% CAGR
Historical Analysis of Demand for Glassine Paper in Korea	2019 to 2023
Demand Forecast for Glassine Paper in Korea	2024 to 2034
Report Coverage	Industry Size, Industry Trends, Analysis of key factors influencing Glassine Paper Sales in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local Providers in Korea
Key Province Analyzed while Studying Opportunities Glassine Paper in Korea	South Gyeongsang, North Jeolla, South Jeolla, Jeju, Rest of Korea
Key Companies Profiled	Osung Industry; UPM Specialty Papers; KRPA Paper; Metsa Tissue; Riverside Paper; Glassine Canada Inc.; Nippon Paper Industries; Glatfelter Corporation; Singhvi Foils; Lintec Corp

Glassine Paper in Korea Key Segments

By Material Type:

• Bleached
• Unbleached

By Application:

• Cups & Wrappers
• Soap Wrapping
• Flower Wrapping
• Binding Paper
• Tapes & Labels
• Envelopes
• Other Applications

By End Use:

• Food
  • Bakery & Confectionery
  • Ready to Eat Meals
  • Others (Snacks, etc.)
• Pharmaceutical
• Personal Care
• Printing & Publication
• Chemical
• Other Consumer Good

By Region:

• South Gyeongsang
• North Jeolla
• South Jeolla
• Jeju
• Rest of Korea

Frequently Asked Questions

What is the expected value of the Glassine Paper Ecosystem in Korea in 2024?

The estimated valuation of the glassine paper industry in Korea is USD 96.7 million in 2024.

At what Rate is the Glassine Paper Ecosystem likely to rise in Korea by 2034?

The anticipated CAGR for the glassine paper ecosystem in Korea through 2034 is 6.0%.

What is the forecast Glassine Paper Landscape value in Korea for 2034?

The glassine paper landscape in Korea is forecast to reach USD 173.4 million by 2034.

Which Glassine Paper material is highly sought after in Korea?

Demand for bleached glassine paper is expected to be significant, capturing 65.9% of total revenue in 2024.