The home care packaging market in South Korea is projected to grow at a CAGR of XX% to USD XX billion by the end of 2022 from the value of USD XX billion in 2017. In the recent years, the home care products market has witnessed immense growth due to the increasing preference among individuals to lead a healthier lifestyle.
Increasing medical care costs are leading more number of people to opt for products and solutions that can reduce their medical bills and keep them safe. Manufacturers are trying to differentiate their offerings by opting for specific packaging solutions that convey useful information while keeping the products safe. The packaging market for this segment is set to witness high growth during the forecast period. Despite the economic setbacks, demand for home healthcare products has never declined and is directly proportional to that for packaging solutions.
Driven by advantages like durability, cost benefits, and versatility, plastic is one of the packaging materials majorly used by companies. R&D in increased durability and safety has found new entrants into the industry including polymers like PLA, biodegradable PHA (polyhydroxyalkanoate), bio PTT (poly trimethyl terephthalate), etc. However, high cost poses a challenge to their sustainability in the long run.
The home care packaging market is segmented based on the material used, products, and applications.
Some of the major companies mentioned in the report are:
What the Report Offers
1. Research Methodology
2. Executive Summary
3. Market Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's 5 Force Analysis
3.4 Industry Policies
4. Market Dynamics
5. Technology Overview
5.1 Technology Snapshot
6. Market Segmentation and Forecasts
6.1 South Korea Home Care Packaging Market by Primary Material
6.2 South Korea Home Care Packaging Market by Home Care Products
6.2.3 Laundry Care
6.2.6 Air Care
6.3 South Korea Home Care Packaging Market by Products
7. Competition Analysis - Company Profiles
7.2 Mondi Group
7.5 RPC Group
7.9 Silgan Holdings
7.10 Tetra Laval
7.11 DS Smith PLC
7.12 CAN-PACK S.A.
7.13 Prolamina Packaging
8. Investment Analysis
9. Opportunities in South Korea Home Care Packaging Market
10. Future of South Korea Home Care Packaging Market