A Complete Study of Heavy-duty Corrugated Packaging in Korea from (2024 to 2034)

The total adoption of heavy-duty corrugated packaging in Korea is estimated to generate revenue of US$ 652.6 million in 2024. According to our industry analysis, the overall demand for such packaging solutions is expected to advance at a 4.1% CAGR through 2034 in the country. The analysis further predicts that the revenue capacity of the heavy-duty corrugated packaging sector in Korea could reach US$ 978.2 million by the end of 2034.

Key Insights on the Heavy-duty Corrugated Packaging Sector of Korea

  • With a 2.5% CAGR between 2019 and 2023, the net worth of the heavy-duty corrugated packaging business in Korea reached US$ 617.9 million in 2023.
  • There has been exponential growth in the manufacturing of electronics, smart gadgets, and automotive parts in Korea.
  • Customized heavy-duty corrugated packaging boxes that are printable meet the branding and marketing requirements of loose selling items.
Attributes Details
Industry size of Korea in 2024 US$ 652.6 million
Expected Industry Size of Korea by 2034 US$ 978.2 million
Forecasted CAGR between 2024 to 2034 4.1%

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Top Trends Influencing the Demand for Heavy-duty Corrugated Packaging in Korea

Growing business in Korea through online shopping channels and eCommerce websites has increased the need for safe and reliable packing options in recent years. The strength and protection provided by heavy-duty corrugated packaging have elevated its adoption during the transportation of different types of merchandise.

The manufacturing and export of electronics, automobiles, and chemicals by industries in Korea have also intensified the demand for heavy-duty packaging solutions. These industries often opt for heavy-duty corrugated packaging as a durable solution to safeguard items during shipment and transport over long distances.

Corrugated paper packaging solutions derived from plant-based fibers are frequently recyclable, making them an eco-friendly option for packaging industries based in Korea. As general awareness and government regulations regarding environmental conservation improve, the adoption of heavy-duty corrugated packaging is poised to grow in parallel.

Category-wise insights

Double Wall Packaging Boxes are in Higher Requirement in Korea

In Korea, the double-wall packaging segment is anticipated to capture around 54.7% of the heavy-duty corrugated packaging sector in 2024.

Heavy-duty Corrugated Packaging in Korea based on Board Type Double Wall Packaging
Total Share (2024) 54.7%

Strict guidelines and quality requirements for packing valuable or delicate goods have increased the demand for double-walled, heavy-duty corrugated packaging in Korea. The popularity of triple-walled corrugated boxes is also growing rapidly in several manufacturing sectors in Korea that produce precious items.

Food and beverage Packaging Requirements have strengthened the Demand in Korea.

Demand for heavy-duty corrugated packaging from the food & beverage sector in Korea is expected to contribute to 46.0% of the total revenue in 2024.

Heavy-duty Corrugated Packaging in Korea based on End Use Vertical Type Food & Beverage Sector
Total Share (2024) 46.0%

Corrugated paper containers are more widely adopted in the packaging of food and beverage items in Korea due to their neutral and non-toxic nature. Heavy-duty corrugated packaging also helps streamline the supply chain of the food and beverage industries, ultimately lowering the costs of the final product.

Ismail Sutaria
Ismail Sutaria

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Competitive Landscape

The competitive landscape for heavy-duty corrugated packaging in Korea is quite diversified, with many corrugated paper manufacturers and industrial packaging service providers spread across the country. Leading heavy-duty corrugated packaging service providers rely on modern machinery to strengthen their brand identification and provide clients with a satisfying packing experience.

After the proliferation of eCommerce websites, there has been an upsurge in new players in Korea, typically targeting small-scale industries to compete with established players. Going a step further, new Korean heavy-duty corrugated packaging providers have started delivering personalized designs, printing, and packaging options to their clients.

Recent Developments in Heavy-duty Corrugated Packaging Industry in Korea

  • Samsung SDI Co. Ltd. and Dezeen Company collaborated to organize a global competition in September 2020 to find creative ideas for producing everyday items using recycled corrugated boxes. This event was part of Samsung's continuous efforts to reduce waste and carbon emissions, as well as to make its manufactured products more ecologically friendly.
  • In January 2021, Market Kurly, a grocery delivery service in South Korea, received an award from the World Packaging Organization for its innovative insulating packaging. Market Kurly won the award in the transportation category for developing and using environmentally friendly insulated corrugated packaging boxes for their delivery business.

Key Players for Heavy-duty Corrugated Packaging in Korea

  • Daehan Corrugated Co., Ltd.
  • Samhwa Packaging Co., Ltd.
  • Segye Packaging Co., Ltd.
  • Dongwon Carton Co., Ltd.
  • Hanlim Packaging Co., Ltd.
  • Kumkang Unipack Co., Ltd.
  • Joongang Packaging Co., Ltd.
  • Dongbu Packaging Co., Ltd.
  • Myungin Packaging Co., Ltd.
  • Taeyoung Packaging Co., Ltd.
  • Korea Carton Co., Ltd.
  • Kumho Carton Co., Ltd.
  • Hanjin Heavy Industries Co., Ltd.
  • POSCO Packaging Co., Ltd.
  • Samsung SDI Co., Ltd.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Scope of the Report

Attribute Details
Estimated Industry Size in 2024 US$ 652.6 million
Projected Industry Size by 2034 US$ 978.2 million
Anticipated CAGR between 2024 to 2034 4.1% CAGR
Historical Analysis of Demand for Heavy-duty Corrugated Packaging in Korea 2019 to 2023
Demand Forecast for Heavy-duty Corrugated Packaging in Korea 2024 to 2034
Report Coverage Industry Size, Industry Trends, Analysis of key factors influencing Heavy-duty Corrugated Packaging in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Korea Providers
Key Companies Profiled Daehan Corrugated Co., Ltd.; Samhwa Packaging Co., Ltd.; Segye Packaging Co., Ltd.; Dongwon Carton Co., Ltd.; Hanlim Packaging Co., Ltd.; Kumkang Unipack Co., Ltd.; Joongang Packaging Co., Ltd.; Dongbu Packaging Co., Ltd.; Myungin Packaging Co., Ltd.; Taeyoung Packaging Co., Ltd.; Korea Carton Co., Ltd.; Kumho Carton Co., Ltd.; Hanjin Heavy Industries Co., Ltd.; POSCO Packaging Co., Ltd.; Samsung SDI Co., Ltd.
Key Provinces Analyzed while Studying Opportunities in Heavy-duty Corrugated Packaging in Korea South Gyeongsang, North Jeolla, South Jeolla, Jeju, Rest of Korea

Key Segments Covered in Korea Heavy-duty Corrugated Packaging Industry Survey

By Product Type:

  • Corrugated Boxes
    • Pallet Boxes
    • Single Cover Boxes
    • Double Cover Boxes
    • Telescopic Boxes
    • Liquid Bulk Boxes
    • Slotted Boxes
    • Others
  • Octabins
  • High-Performance Totes
  • Vegetable Totes
  • Pallets
  • POP Displays
  • Others (Edge Protectors, etc.)

By Board Type:

  • Single Wall Packaging
  • Double Wall Packaging
  • Triple Wall Packaging

By Capacity:

  • Up to 100 lbs. Capacity
  • 100 to 300 lbs. Capacity
  • Above 300 lbs. Capacity

By End Use Verticals:

  • Food & Beverages
  • Chemicals
  • Consumer Electronics
  • Cosmetics & Personal Care
  • Healthcare
  • Textiles
  • Glassware & Ceramics
  • Automobiles
  • Homecare
  • Other End Use Verticals

By Key City/Province:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Frequently Asked Questions

At What Rate is the Heavy-duty Corrugated Packaging growing in Korea?

The anticipated CAGR for heavy-duty corrugated packaging in Korea through 2034 is 4.1%.

How big will the Heavy-duty Corrugated Packaging Business be in Korea?

Heavy-duty corrugated packaging revenue in Korea is likely to surpass US$ 978.2 million by 2034.

What is the Key Strategy of Heavy-duty Corrugated Packaging Companies?

Companies in Korea are increasingly using the eCommerce sector to scale their business.

Which is the Preferred Board Type for Heavy-duty Corrugated Packaging in Korea?

Double wall corrugated box is set to account for 54.7% revenue share in Korea in 2024.

What is the Prominent End Use of Heavy-duty Corrugated Packaging in Korea?

The adoption of such packaging in the food & beverage industry is likely to generate 46% revenue in 2024.

Table of Content
1. Executive Summary
    1.1. Korea Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Board Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Board Type, 2019 to 2023
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Board Type, 2024 to 2034
        5.3.1. Single Wall
        5.3.2. Double Wall
        5.3.3. Triple Wall
    5.4. Y-o-Y Growth Trend Analysis By Board Type, 2019 to 2023
    5.5. Absolute $ Opportunity Analysis By Board Type, 2024 to 2034
6. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019 to 2023
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034
        6.3.1. Boxes
            6.3.1.1. Pallet Boxes
            6.3.1.2. Single Cover Boxes
            6.3.1.3. Double Cover Boxes
            6.3.1.4. Telescopic Boxes
            6.3.1.5. Liquid Bulk Boxes
            6.3.1.6. Slotted Boxes
            6.3.1.7. Others
        6.3.2. Octa bins
        6.3.3. HPT
        6.3.4. Vegetable Totes
        6.3.5. Pallets
        6.3.6. POP Displays
        6.3.7. Others(Edge Protectors, Inserts)
    6.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
    6.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
7. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Capacity
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity, 2019 to 2023
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity, 2024 to 2034
        7.3.1. Up to 100 lbs
        7.3.2. 100 to 300 lbs
        7.3.3. Above 300 lbs
    7.4. Y-o-Y Growth Trend Analysis By Capacity, 2019 to 2023
    7.5. Absolute $ Opportunity Analysis By Capacity, 2024 to 2034
8. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End Use
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2019 to 2023
    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2024 to 2034
        8.3.1. Food & Beverages
        8.3.2. Chemicals
        8.3.3. Consumer Electronics
        8.3.4. Cosmetics & PC
        8.3.5. Healthcare
        8.3.6. Textile
        8.3.7. Glassware & ceramics
        8.3.8. Automobile
        8.3.9. Homecare
        8.3.10. Others
    8.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023
    8.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
9. Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
    9.1. Introduction
    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
    9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
        9.3.1. South Gyeongsang
        9.3.2. North Jeolla
        9.3.3. South Jeolla
        9.3.4. Jeju
        9.3.5. Rest of Korea
    9.4. Market Attractiveness Analysis By Region
10. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
        10.2.1. By Board Type
        10.2.2. By Product Type
        10.2.3. By Capacity
        10.2.4. By End Use
    10.3. Market Attractiveness Analysis
        10.3.1. By Board Type
        10.3.2. By Product Type
        10.3.3. By Capacity
        10.3.4. By End Use
    10.4. Key Takeaways
11. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
        11.2.1. By Board Type
        11.2.2. By Product Type
        11.2.3. By Capacity
        11.2.4. By End Use
    11.3. Market Attractiveness Analysis
        11.3.1. By Board Type
        11.3.2. By Product Type
        11.3.3. By Capacity
        11.3.4. By End Use
    11.4. Key Takeaways
12. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
        12.2.1. By Board Type
        12.2.2. By Product Type
        12.2.3. By Capacity
        12.2.4. By End Use
    12.3. Market Attractiveness Analysis
        12.3.1. By Board Type
        12.3.2. By Product Type
        12.3.3. By Capacity
        12.3.4. By End Use
    12.4. Key Takeaways
13. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
        13.2.1. By Board Type
        13.2.2. By Product Type
        13.2.3. By Capacity
        13.2.4. By End Use
    13.3. Market Attractiveness Analysis
        13.3.1. By Board Type
        13.3.2. By Product Type
        13.3.3. By Capacity
        13.3.4. By End Use
    13.4. Key Takeaways
14. Rest of Korea Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
        14.2.1. By Board Type
        14.2.2. By Product Type
        14.2.3. By Capacity
        14.2.4. By End Use
    14.3. Market Attractiveness Analysis
        14.3.1. By Board Type
        14.3.2. By Product Type
        14.3.3. By Capacity
        14.3.4. By End Use
    14.4. Key Takeaways
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Board Type
        15.3.3. By Product Type
        15.3.4. By Capacity
        15.3.5. By End Use
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. Mondi Group
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
                16.1.1.5.2. Product Strategy
                16.1.1.5.3. Channel Strategy
        16.1.2. VPK Packaging Group
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
                16.1.2.5.2. Product Strategy
                16.1.2.5.3. Channel Strategy
        16.1.3. International Paper Company
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
                16.1.3.5.2. Product Strategy
                16.1.3.5.3. Channel Strategy
        16.1.4. WestRock Company
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
                16.1.4.5.2. Product Strategy
                16.1.4.5.3. Channel Strategy
        16.1.5. Georgia Pacific LLC
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
                16.1.5.5.2. Product Strategy
                16.1.5.5.3. Channel Strategy
        16.1.6. Pratt Industries Inc.
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
                16.1.6.5.2. Product Strategy
                16.1.6.5.3. Channel Strategy
        16.1.7. Smurfit Kappa Group Plc.
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
                16.1.7.5.2. Product Strategy
                16.1.7.5.3. Channel Strategy
        16.1.8. DS Smith Packaging Limited
            16.1.8.1. Overview
            16.1.8.2. Product Portfolio
            16.1.8.3. Profitability by Market Segments
            16.1.8.4. Sales Footprint
            16.1.8.5. Strategy Overview
                16.1.8.5.1. Marketing Strategy
                16.1.8.5.2. Product Strategy
                16.1.8.5.3. Channel Strategy
        16.1.9. Sonoco Products Company
            16.1.9.1. Overview
            16.1.9.2. Product Portfolio
            16.1.9.3. Profitability by Market Segments
            16.1.9.4. Sales Footprint
            16.1.9.5. Strategy Overview
                16.1.9.5.1. Marketing Strategy
                16.1.9.5.2. Product Strategy
                16.1.9.5.3. Channel Strategy
        16.1.10. Elsons International
            16.1.10.1. Overview
            16.1.10.2. Product Portfolio
            16.1.10.3. Profitability by Market Segments
            16.1.10.4. Sales Footprint
            16.1.10.5. Strategy Overview
                16.1.10.5.1. Marketing Strategy
                16.1.10.5.2. Product Strategy
                16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
Recommendations

Packaging

Pharmaceutical Packaging Market

April 2024

REP-GB-6150

304 pages

Packaging

FMCG Packaging Market

May 2023

REP-GB-110

324 pages

Packaging

Heavy Duty Corrugated Packaging Market

March 2023

REP-GB-4299

306 pages

Explore Packaging Insights

View Reports
Future Market Insights

Heavy-duty Corrugated Packaging Industry Analysis in Korea

Schedule a Call