The demand for machine glazed paper is expected to soar across Korea, especially in South Jeolla and North Jeolla. By the end of FY 2024, the sales for machine glazed paper are poised to reach a valuation of US$ 447.3 million. The demand for machine glazed paper in Korea is likely to grow at a 5.70% CAGR from 2024 to 2034. The industry valuation is projected to attain US$ 779.3 million by 2034.
Attributes | Details |
---|---|
Anticipated Industry Size in 2024 | US$ 447.3 million |
Expected Industry Size in 2034 | US$ 779.3 million |
Forecasted CAGR between 2024 to 2034 | 5.70% CAGR |
A prominent driver is the growing emphasis on sustainable packaging solutions. As environmental concerns escalate, industries seek eco friendly alternatives, propelling the demand for machine glazed paper due to its recyclability and biodegradability.
The surge in ecommerce is reshaping packaging demands, driving the need for robust and versatile paper products. Its adaptability and strength cater to these evolving requirements, expanding its applications in various packaging solutions. Technological innovations in paper manufacturing machinery enhance production efficiency, reducing energy consumption and costs while maintaining product quality.
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The enduring dominance of kraft paper, projected to maintain an 80.00% industry share until 2023, stems from its versatility and reliability in packaging applications. Renowned for its strength, durability, and eco friendly attributes, kraft paper remains a preferred choice across diverse sectors.
Paper Type | Kraft Paper |
---|---|
Industry Share | 80.00% |
Adaptability to various printing and coating techniques further solidifies kraft paper’s position. The rising demand for sustainable packaging solutions aligns perfectly with its eco conscious nature, ensuring its continued prominence as the go to material for a multitude of packaging needs within Korea machine glazed paper industry.
The projected dominance of unbleached paper, maintaining a 66.90% industry share until 2023, stems from its eco friendly nature and minimal processing. Renowned for its natural appearance, unbleached paper retains its natural brown hue, appealing to environmentally conscious consumers.
Grade | Unbleached Paper |
---|---|
Industry Share | 66.90% |
Its popularity is due to the reduced environmental impact during production, aligning with sustainable packaging trends. The inherent strength and versatility of unbleached paper further reinforce its position, catering to diverse packaging needs. With an increasing emphasis on eco conscious practices, unbleached paper remains a steadfast choice, driving its continued dominance in Korea machine glazed paper industry.
In South Jeolla machine glazed paper industry, innovative trends redefine the landscape. Advanced manufacturing technologies drive a shift towards eco friendly practices, emphasizing sustainability and recyclability. Adoption of renewable energy sources and efficient production processes showcases its commitment to environmental responsibility.
The industry witnesses a trend towards customization, catering to diverse packaging needs across sectors. Manufacturers focus on creating tailored solutions, offering varied paper grades, sizes, and coatings, meeting specific client demands and enhancing product versatility.
Integration of smart technologies like IoT and automation streamlines production, optimizing efficiency and reducing operational costs. These advancements bolster the position of South Jeolla in the industry, ensuring high quality, cost effective machine glazed papers.
Exploration of alternative raw materials, continuous research, and development efforts drive innovation, fostering product improvements and novel applications. South Jeolla machine glazed paper industry stands at the forefront of technological innovations, sustainability, and customization, shaping the future of packaging solutions.
North Jeolla machine glazed paper industry is witnessing a surge in opportunities due to various factors. Its rich forestry resources and advanced paper manufacturing infrastructure position it favorably in the industry. The industry benefits from a skilled workforce and robust research and development capabilities, fostering innovation in paper production techniques and product diversification.
Increasing demand for sustainable packaging solutions globally present a significant growth avenue for North Jeolla machine glazed paper sector. Its emphasis on eco friendly practices aligns with evolving consumer preferences and regulatory shifts toward environmentally responsible packaging materials.
Strategic partnerships and collaborations between local manufacturers and international industries amplify presence of North Jeolla in the global paper industry. Leveraging these strengths, the region capitalizes on emerging industry trends, technological advancements, and sustainable practices, paving the way for continued growth and prominence in the machine glazed paper sector.
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The competitive landscape within Korea machine glazed paper industry is characterized by a blend of established players and emerging manufacturers striving for industry prominence. Key companies leverage technological advancements to produce high quality, eco friendly papers, meeting diverse packaging demands.
Continuous innovation in manufacturing processes and a focus on sustainable solutions define the competitive edge. Intense competition fosters advancements in product quality, cost efficiency, and customization.
Strategic collaborations and expansions into new industry segments reflect the dynamism, shaping a competitive arena where innovation, sustainability, and meeting specific customer needs are pivotal for success in Korea machine glazed paper industry.
Product Portfolio
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | US$ 447.3 million |
Projected Industry Size in 2034 | US$ 779.3 million |
Attributed CAGR between 2024 and 2034 | 5.70% CAGR |
Historical Analysis of Demand for Machine Glazed Paper in Korea Regions | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Report Coverage | Industry size, industry trends, analysis of key factors influencing Machine Glazed Paper in Korea, insights on global players and their industry strategy in Korea, ecosystem analysis of local and regional Korea providers. |
Key Regions within Korea Analyzed while Studying Opportunities for Machine Glazed Paper in Korea | South Gyeongsang, North Jeolla, South Jeolla, Jeju, Rest of Korea |
Key Companies Profiled | Dongyang Paper Industry; International Paper Company; Nippon Paper Industries; Stora Enso; Smurfit Kappa Group; Mondi Group; Heinzel Group; Burgo Group; SCG Packaging; Verso Corporation |
The sales of machine glazed paper are poised to reach US$ 447.3 million by 2024 in Korea.
In 2034, the total value of the machine glazed paper ecosystem in Korea will reach US$ 779.3 million.
From 2024 to 2034, the Korea machine glazed paper industry is likely to garner a 5.70% CAGR.
The kraft paper segment will be highly used all across Korea, registering an industry share of 80.00%.
1. Executive Summary
1.1. 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. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Basis Weight
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Basis Weight, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Basis Weight, 2024 to 2034
5.3.1. Up to 40 GSM
5.3.2. 41 to 70 GSM
5.3.3. 71 to 100 GSM
5.3.4. Above 100 GSM
5.4. Y-o-Y Growth Trend Analysis By Basis Weight, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Basis Weight, 2024 to 2034
6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Paper Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Paper Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Paper Type, 2024 to 2034
6.3.1. Tissue Paper
6.3.2. Kraft Paper
6.4. Y-o-Y Growth Trend Analysis By Paper Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Paper Type, 2024 to 2034
7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Grade
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2024 to 2034
7.3.1. Unbleached
7.3.2. Bleached
7.4. Y-o-Y Growth Trend Analysis By Grade, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Grade, 2024 to 2034
8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024 to 2034
8.3.1. Bags & Pouches
8.3.2. Sacks
8.3.3. Wraps
8.3.4. Labels
8.3.5. Release Liners
8.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
9. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End User
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End User, 2019 to 2023
9.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End User, 2024 to 2034
9.3.1. Food & Beverages
9.3.2. Healthcare
9.3.3. Electrical & Electronics
9.3.4. Automotive
9.4. Y-o-Y Growth Trend Analysis By End User, 2019 to 2023
9.5. Absolute $ Opportunity Analysis By End User, 2024 to 2034
10. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023
10.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034
10.3.1. South Gyeongsang
10.3.2. North Jeolla
10.3.3. South Jeolla
10.3.4. Jeju
10.3.5. Rest of Korea
10.4. Market Attractiveness Analysis By Region
11. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Basis Weight
11.2.2. By Paper Type
11.2.3. By Grade
11.2.4. By Application
11.2.5. By End User
11.3. Market Attractiveness Analysis
11.3.1. By Basis Weight
11.3.2. By Paper Type
11.3.3. By Grade
11.3.4. By Application
11.3.5. By End User
11.4. Key Takeaways
12. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Basis Weight
12.2.2. By Paper Type
12.2.3. By Grade
12.2.4. By Application
12.2.5. By End User
12.3. Market Attractiveness Analysis
12.3.1. By Basis Weight
12.3.2. By Paper Type
12.3.3. By Grade
12.3.4. By Application
12.3.5. By End User
12.4. Key Takeaways
13. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Basis Weight
13.2.2. By Paper Type
13.2.3. By Grade
13.2.4. By Application
13.2.5. By End User
13.3. Market Attractiveness Analysis
13.3.1. By Basis Weight
13.3.2. By Paper Type
13.3.3. By Grade
13.3.4. By Application
13.3.5. By End User
13.4. Key Takeaways
14. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Basis Weight
14.2.2. By Paper Type
14.2.3. By Grade
14.2.4. By Application
14.2.5. By End User
14.3. Market Attractiveness Analysis
14.3.1. By Basis Weight
14.3.2. By Paper Type
14.3.3. By Grade
14.3.4. By Application
14.3.5. By End User
14.4. Key Takeaways
15. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Basis Weight
15.2.2. By Paper Type
15.2.3. By Grade
15.2.4. By Application
15.2.5. By End User
15.3. Market Attractiveness Analysis
15.3.1. By Basis Weight
15.3.2. By Paper Type
15.3.3. By Grade
15.3.4. By Application
15.3.5. By End User
15.4. Key Takeaways
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Basis Weight
16.3.3. By Paper Type
16.3.4. By Grade
16.3.5. By Application
16.3.6. By End User
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Dongyang Paper Industry
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. International Paper Company
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Nippon Paper Industries
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Stora Enso
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Smurfit Kappa Group
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Mondi Group
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Heinzel Group
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Burgo Group
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. SCG Packaging
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Verso Corporation
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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