Sales of tarpaulin sheets in Korea are predicted to expand at a modest CAGR of 4.1% through 2033. The tarpaulin sheet in Korea is predicted to experience remunerative opportunities with an estimated revenue generation potential of US$ 185.8 million in 2023. It is estimated that the tarpaulin sheet sales are going to be worth US$ 277.6 million by 2033.
In Korea, the issue of food insecurity is quite prominent, especially post the pandemic, which propelled reliance on food imports. The situation has been further aggravated by the crisis in Ukraine and India’s restriction of wheat exports. As a result, Korea has been pursuing food self-sufficiency. This shift in the agriculture sector is predicted to benefit the sellers of tarpaulin sheets in Korea as they are going to have more opportunities to assist farmers in this endeavor.
Cost-effectiveness and water resistance of tarpaulin sheets have fueled its adoption in other sectors like building and construction, logistics, and automobiles. The growth of the construction sector, credited to its expansion in residential and infrastructure sectors, has been fueling the adoption of tarpaulin sheets.
Attributes | Details |
---|---|
Industry size of Tarpaulin Sheets in Korea in 2023 | US$ 185.8 million |
Expected Industry Size of Korea by 2033 | US$ 277.6 million |
Forecasted CAGR between 2023 to 2033 | 4.1% |
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The agriculture sector in South Korea is heavily investing in tarpaulin sheets to protect crops from hail, rain, sunlight, and wind, as the country observes a humid subtropical climate with four different seasons.
Leading End Use | Agriculture |
---|---|
Industry Share % (2023) | 26.1% |
Other factors that are augmenting the adoption of tarpaulin sheets in the agriculture sector include:
Hoarding tarps are expected to occupy a 34.9% share of the tarpaulin sheet industry. Its demand is increasing for the development of temporary enclosures on smaller construction sites. This demand is driven by the shortage of space caused by rising urbanization. Hoarding tarps are also used to safeguard construction sites from any impairment caused by adverse weather events. As climate change results in more weather conditions like typhoons and hurricanes, the prospects for tarpaulin sheets remain positive.
Leading Product Type | Hoarding Tarps |
---|---|
Industry Share % (2023) | 34.9% |
Key players are also improving the durability and performance of hoarding tarps for improved functionality, thus boosting its adoption among end users. Another factor that is propelling the use of hoarding tarps is the implementation of strict government regulations related to noise and air pollution. This is because it helps lower noise pollution and stops pollutants like dust from fleeing into the environment.
Key providers of tarpaulin sheet in South Korea are focusing on extending their distribution channels by way of partnering with distributors and opening new branches to reach more customers in Korea. Apart from this, key players are concentrating on delivering outstanding customer service. This includes assisting customers, offering technical support, and providing extensive options for payment and delivery.
Growing concern over sustainability propels key players to use recycled materials in their products and develop new products offering more sustainability quotient. Additionally, key players can be seen investing in building brand image to develop a strong identity and a means to differentiate from the crowd. In tandem with this, providers are turning to eCommerce to increase their reach among target customers.
Profiling of Leading Companies Offering Tarpaulin Sheets in Korea
Leading Companies | Details |
---|---|
Puyoung Industrial Corporation, Ltd. | A South Korean firm that develops and sells tarpaulin sheets and other industrial products. The company manufactures an extensive range of tarpaulin sheets, such as PVC tarpaulin sheets, PE tarpaulin sheets, and canvas tarpaulin sheets. These sheets are in high demand in the agriculture, construction, and manufacturing industries. |
C&H Vina Co., Ltd. | It is a division of C&H Group (Korean), which had entered the P.E tarpaulin industry way back in 2004. The company develops a range of tarpaulin sheets to cater to different industries. |
SNM KOREA | The firm originated in 1998 and its headquarters is in Seoul, South Korea. The company manufactures tarpaulin sheets as per the specifications of different industries. |
DongAh Tarpaulin Co., Ltd. | The company is headquartered in Seoul, South Korea. It develops high-quality tarpaulin sheets at competitive pricing. Along with this, the company maintains strong customer service. Further, the company plans to extend in domestic as well as international markets. |
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | US$ 185.8 million |
Projected Industry Size in 2033 | US$ 277.6 million |
Anticipated CAGR between 2023 to 2033 | 4.1% CAGR |
Historical Analysis of Demand for Tarpaulin Sheet in Korea | 2018 to 2022 |
Demand Forecast for Tarpaulin Sheet in Korea | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Tarpaulin Sheet Adoption in Korea, Insights on Korea Industry Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Cities Profiled | South Gyeongsang, North Jeolla, South Jeolla, Jeju |
Key Companies Profiled | Puyoung Industrial Corporation, Ltd.; C&H Vina Co., Ltd.; SNM KOREA; DongAh Tarpaulin Co., Ltd.; Samhwa Tarpaulin Co., Ltd.; Daesung Tarpaulin Co., Ltd.; Sungwon Tarpaulin Co., Ltd.; Ilsung Tarpaulin Co., Ltd.; Woojin Tarpaulin Co., Ltd.; Hanil Tarpaulin Co., Ltd.; Jeil Tarpaulin Co., Ltd.; Sejong Tarpaulin Co., Ltd.; Ssangyong Tarpaulin Co., Ltd.; Namyang Tarpaulin Co., Ltd.; Shinhan Tarpaulin Co., Ltd.; Others |
The anticipated CAGR through 2033 is 4.1%.
Demand for tarpaulin sheets in Korea is expected to be US$ 277.6 million by 2033.
Competitive pricing and technological advancement are the key strategies.
Hoarding tarps is an extensively used tarpaulin sheet by end users.
Agriculture considerably utilizes tarpaulin sheets in Korea.
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 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Lamination Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By Lamination Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By Lamination Type, 2023 to 2033
5.3.1. Upto 2 Layers
5.3.2. 3 Layers Laminate
5.3.3. 4 Layers Laminate
5.3.4. Above 4 Layers
5.4. Y-o-Y Growth Trend Analysis By Lamination Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Lamination Type, 2023 to 2033
6. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By Material Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By Material Type, 2023 to 2033
6.3.1. Canvas
6.3.2. PET
6.3.3. Poly Vinyl Chloride (PVC)
6.3.4. Polyamide (PA)
6.3.5. Polyethylene (PE)
6.3.5.1. HDPE
6.3.5.2. LDPE
6.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
7. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By Product Type, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By Product Type, 2023 to 2033
7.3.1. Hoarding Tarps
7.3.2. Insulated Tarps
7.3.3. Mesh Tarps
7.3.4. Sports Tarps
7.3.5. Truck Tarps
7.3.6. UV Protected Tarps
7.3.7. Others
7.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
8. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Weight
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By Product Weight, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By Product Weight, 2023 to 2033
8.3.1. Less than 100 GSM
8.3.2. Between 100 to 300 GSM
8.3.3. Between 300 to 600 GSM
8.3.4. Above 600 GSM
8.4. Y-o-Y Growth Trend Analysis By Product Weight, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Product Weight, 2023 to 2033
9. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By End Use, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By End Use, 2023 to 2033
9.3.1. Agriculture
9.3.2. Automobiles
9.3.3. Building & Construction
9.3.4. Consumer Goods
9.3.5. Storage, Warehousing & Logistics
9.3.6. Others
9.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
10. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis By Region, 2018 to 2022
10.3. Current Market Size Value (US$ Million) & Volume (Sq. Meter) Analysis and Forecast By Region, 2023 to 2033
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 2018 to 2022 and Forecast 2023 to 2033
11.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Sq. Meter) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Lamination Type
11.2.2. By Material Type
11.2.3. By Product Type
11.2.4. By Product Weight
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Lamination Type
11.3.2. By Material Type
11.3.3. By Product Type
11.3.4. By Product Weight
11.3.5. By End Use
11.4. Key Takeaways
12. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
12.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Sq. Meter) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Lamination Type
12.2.2. By Material Type
12.2.3. By Product Type
12.2.4. By Product Weight
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Lamination Type
12.3.2. By Material Type
12.3.3. By Product Type
12.3.4. By Product Weight
12.3.5. By End Use
12.4. Key Takeaways
13. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Sq. Meter) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Lamination Type
13.2.2. By Material Type
13.2.3. By Product Type
13.2.4. By Product Weight
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Lamination Type
13.3.2. By Material Type
13.3.3. By Product Type
13.3.4. By Product Weight
13.3.5. By End Use
13.4. Key Takeaways
14. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Sq. Meter) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Lamination Type
14.2.2. By Material Type
14.2.3. By Product Type
14.2.4. By Product Weight
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Lamination Type
14.3.2. By Material Type
14.3.3. By Product Type
14.3.4. By Product Weight
14.3.5. By End Use
14.4. Key Takeaways
15. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
15.1. Historical Market Size Value (US$ Million) & Volume (Sq. Meter) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Sq. Meter) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Lamination Type
15.2.2. By Material Type
15.2.3. By Product Type
15.2.4. By Product Weight
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Lamination Type
15.3.2. By Material Type
15.3.3. By Product Type
15.3.4. By Product Weight
15.3.5. By End Use
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 Lamination Type
16.3.3. By Material Type
16.3.4. By Product Type
16.3.5. By Product Weight
16.3.6. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Heesung Polymer
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. Dongwon Industry Co., Ltd
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. Puyoung Industrial Corporation
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. Wonpoong Corporation
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. KSA Polymer
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. K-Tarp Vina Co., Ltd.
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. Fulin Plastic Industry Co., Ltd.
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. Rhino United Kingdom
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. C&H Vina Co., Ltd.
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. Puyoung Industrial Corporation, Ltd
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
17.1.11. Bag Poly International Pvt. Ltd
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
17.1.12. Qingdao SG Global Packaging Co., Ltd
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.12.5.2. Product Strategy
17.1.12.5.3. Channel Strategy
17.1.13. Telford Tarpaulins
17.1.13.1. Overview
17.1.13.2. Product Portfolio
17.1.13.3. Profitability by Market Segments
17.1.13.4. Sales Footprint
17.1.13.5. Strategy Overview
17.1.13.5.1. Marketing Strategy
17.1.13.5.2. Product Strategy
17.1.13.5.3. Channel Strategy
17.1.14. Darling Downs Tarpaulins
17.1.14.1. Overview
17.1.14.2. Product Portfolio
17.1.14.3. Profitability by Market Segments
17.1.14.4. Sales Footprint
17.1.14.5. Strategy Overview
17.1.14.5.1. Marketing Strategy
17.1.14.5.2. Product Strategy
17.1.14.5.3. Channel Strategy
17.1.15. Marson Industries Pty Ltd
17.1.15.1. Overview
17.1.15.2. Product Portfolio
17.1.15.3. Profitability by Market Segments
17.1.15.4. Sales Footprint
17.1.15.5. Strategy Overview
17.1.15.5.1. Marketing Strategy
17.1.15.5.2. Product Strategy
17.1.15.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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