Packaging Industry Outlook in South Korea: Market Size, Key Trends, Drivers, and Challenges to 2016
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Posted On :
Jan-19-2012
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Article Word Count :
636
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Bharatbook added a new report on " Packaging Industry Outlook in South Korea: Market Size, Key Trends, Drivers, and Challenges to 2016 " which gives an overview, Demand, Supply Trends.
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The report provides top-level market analysis, information and insights on the South Korean packaging industry, including:
• Current, historic and forecast values and trends for the South Korean packaging industry, including individual categories
• Comprehensive, country-specific analysis of the industry’s market attractiveness, covering key trends and drivers, South Korea’s competitive landscape and benchmarking with other key markets
• Description and analysis of the packaging categories and end-user markets for the overall packaging industry
• Porter’s Five Forces Analysis of all individual categories and the overall packaging industry
bharatbook.com/detail.asp?id=222711&rt=Packaging-Industry-Outlook-in-South-Korea-Market-Size-Key-Trends-Drivers-and-Challenges-to-2016.html
Executive Summary
The South Korean packaging market grew by XX% in 2011, and in the long term, growth is expected to revert back to pre-recession levels. It is expected to grow at a CAGR of XX% in the forecast period to reach US$XX billion by 2016. Rising consumer incomes and growing urbanization are expected to increase consumer demand for packaging in South Korea. The pharmaceutical market is expected to grow by XX% over the next two years, driven by the needs of South Korea’s ageing population. Glass bottles and blister packs, made from plastics and metals, are expected to account for the largest share of pharmaceutical packaging. South Korea launched the “Green Mileage 30-80” campaign in 2008, aimed at reducing over-packaging and bundle-packaging waste in the country. The growing consumption of label-intensive products is expected to accelerate the demand for labeling and coding machinery. The South Korean packaging machinery market is expected to grow at a CAGR of XX% in the forecast period. marketing research report
Scope
This report provides a comprehensive analysis of the packaging industry in South Korea:
• It provides historical values for the South Korean packaging industry for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key categories in South Korea’s packaging industry, along with market forecasts until 2016
• It details the different macroeconomic factors affecting the packaging industry in South Korea
• It covers an exhaustive summary on the key trends and drivers affecting the end-user markets in packaging
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in South Korea for the packaging industry
• It outlines the current regulatory framework in the industry
Reasons To Buy
• Make strategic business decisions using top-level historic and forecast market data related to the South Korean packaging industry and each category within it
• Understand the key market trends and growth opportunities within the South Korean packaging industry
• Assess the competitive dynamics in the packaging industry
• Identify the growth opportunities and industry dynamics within five key packaging categories
• Gain insights into key regulations governing the South Korean packaging industry
Key Highlights
• Increased environmental consciousness and food safety concerns in South Korea are fueling demand for higher-quality packaging.
• Paper and board packaging will continue to be the largest category, and is projected to account for almost 42.6% of total packaging industry sales in South Korea by 2016.
• The PET bottle is expected to benefit from a shift in preference from metal and other packaging formats. As a result, rigid plastic packaging will record the fastest growth during the forecast period.
• Regulations favoring reduced packaging and a reduction in packaging waste levels will impact the flexible plastic category in the forecast period, although growing demand from the pharmaceuticals market is expected to increase demand.
• Growth in metal packaging is driven by Korea’s culture and gastronomic tradition, and its preference for traditional food.
For more information kindly visit :
Packaging Industry Outlook in South Korea: Market Size, Key Trends, Drivers, and Challenges to 2016
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Article Source :
http://www.articleseen.com/Article_Packaging Industry Outlook in South Korea: Market Size, Key Trends, Drivers, and Challenges to 2016_136075.aspx
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Author Resource :
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.
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Keywords :
Food Packaging, Food Processing, Plastic, South Korea,
Category :
Food and Beverage
:
Food and Beverage
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