Demand for bubble wrap packaging in Korea is anticipated to exhibit a CAGR of 2.30% through 2033. The bubble wrap packaging sales outlook is expected to grow considerably, from USD 15.8 million in 2023 to around USD 19.9 million by 2033.
| Attributes | Key Statistics |
|---|---|
| Base Year Value (2023) | USD 15.8 million |
| Anticipated Forecast Value (2033) | USD 19.9 million |
| Estimated Growth (2023 to 2033) | 2.30% CAGR |
Rise in eCommerce to boost the Bubble Wrap Packaging Industry in Korea
The bubble wrap packaging industry has been going through a significant surge in the Korea as more consumers turn to online shopping. There is a growing need for safe and secure packaging solutions to protect products during transit, and bubble wrap packaging provides excellent cushioning and shock absorption properties, ensuring that items arrive at their destination in optimal condition.
This has led to an increased demand for bubble wrap packaging materials and solutions in Korea.
Bubble wrap packaging offers a versatile and cost-effective solution for safeguarding these items during transportation. Its lightweight nature also helps to minimize shipping costs, making it an attractive choice for eCommerce businesses looking to optimize their packaging processes. As the eCommerce industry continues to grow and evolve in Korea, the demand for bubble wrap packaging is expected to rise in parallel.
Consumption Analysis of Bubble Wrap Packaging Industry in Korea:
On the basis of material type, Low-density Polyethylene dominates the bubble wrap industry with a revenue share of 73.00% in 2023.
| Attributes | Details |
|---|---|
| Material Type | LDPE |
| Value Share in 2023 | 73.00% |
In Korea, LDPE (Low-Density Polyethylene) bubble wrap packaging solutions have gained significant preference because they offer exceptional cushioning and protection for products during transportation. The air-filled bubbles act as a buffer, effectively absorbing shocks and impacts that may occur during handling and shipping.
LDPE bubble wrap is lightweight and cost-effective, making it the preferred choice for businesses in Korea. The low density of LDPE allows for efficient use of materials while still providing adequate protection. This not only reduces business expenses but also fulfills the demand for sustainability and eco-friendly practices.
Application-wise, the bubble wrap packaging industry is segmented into manufacturing & warehousing, eCommerce, and logistics & transportation. As of 2023, the manufacturing industry heavily dominates the Korean landscape with a revenue share of 41.8%.
| Attributes | Details |
|---|---|
| Application | Manufacturing & Warehousing |
| Value Share in 2023 | 41.80% |
Bubble wrap packaging has found its place as a valuable solution in the Korean manufacturing industry, providing excellent protection for products during the manufacturing process. In the electronics, automotive, and consumer goods industries, where delicate and sensitive components are involved, bubble wrap acts as a reliable cushioning material.
There is also considerable demand for bubble wrap packaging solutions in the Korean manufacturing sector, as it helps prevent scratches, dents, and other damages that can occur during handling, assembly, and transportation. By securely wrapping products with bubble wrap, manufacturers can ensure that their goods remain intact and in pristine condition throughout the production cycle.
The bubble wrap packaging industry in Korea is going through a slight plunge, as it can be noticed that there has been minimal growth in recent years. The presence of numerous key players who have their reach not just in Korea but worldwide is adding to the industry's overall revenue growth.
\Well-established players have put extensive research into developing sustainable materials in the bubble wrap packaging industry. Despite coming up with eco-friendly materials, businesses all around the region still prefer conventional packaging solutions due to affordability, availability, and familiarity.
Recent Developments in the Bubble Wrap Packaging Industry in Korea:
| Attribute | Details |
|---|---|
| Estimated Valuation (2023) | USD 15.8 million |
| Projected Valuation (2033) | USD 19.9 million |
| Anticipated CAGR (2023 to 2033) | 2.30% CAGR |
| Historical Analysis of the Bubble Wrap Packaging Industry in Korea | 2018 to 2022 |
| Demand Forecast the Bubble Wrap Packaging Industry in Korea | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Cities Profiled | South Gyeongsang, North Jeolla, South Jeolla, Jeju |
| Key Companies Profiled | LG Chem; Lotte Chemical; SK Corporation; Dow Chemical Korea; Hanwha Chemical; Kumho Petrochemical; S-Pack; WooSung Packaging; Daelim Chemical; Shinwha Packaging; Daelim Industry; Samhwa Packaging |
Table 1: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Region, 2018 to 2033
Table 3: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 4: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 5: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 6: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 7: Korea Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 8: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Table 9: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 10: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 11: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 12: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 13: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 14: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Table 15: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 16: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 17: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 18: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 19: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 20: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Table 21: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 22: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 23: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 24: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 25: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 26: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Table 27: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 28: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 29: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 30: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 31: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 32: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Table 33: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2018 to 2033
Table 34: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Material Type, 2018 to 2033
Table 35: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 36: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by Product Type, 2018 to 2033
Table 37: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 38: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Forecast by End Use, 2018 to 2033
Figure 1: Korea Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 2: Korea Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 3: Korea Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 4: Korea Industry Analysis and Outlook Value (US$ Million) by Region, 2023 to 2033
Figure 5: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Region, 2018 to 2033
Figure 7: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 8: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 9: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 10: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 11: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 12: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 13: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 14: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 15: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 16: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 17: Korea Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 18: Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 19: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 20: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 21: Korea Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 22: Korea Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 23: Korea Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
Figure 24: Korea Industry Analysis and Outlook Attractiveness by Region, 2023 to 2033
Figure 25: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 26: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 27: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 28: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 29: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 30: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 31: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 32: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 33: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 34: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 35: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 36: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 37: South Gyeongsang Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 38: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 39: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 40: South Gyeongsang Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 41: South Gyeongsang Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 42: South Gyeongsang Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
Figure 43: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 44: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 45: North Jeolla Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 46: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 47: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 48: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 49: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 50: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 51: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 52: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 53: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 54: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 55: North Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 56: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 57: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 58: North Jeolla Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 59: North Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 60: North Jeolla Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
Figure 61: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 62: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 63: South Jeolla Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 64: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 65: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 66: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 67: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 68: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 69: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 70: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 71: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 72: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 73: South Jeolla Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 74: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 75: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 76: South Jeolla Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 77: South Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 78: South Jeolla Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
Figure 79: Jeju Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 80: Jeju Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 81: Jeju Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 82: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 83: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 84: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 85: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 86: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 87: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 88: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 89: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 90: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 91: Jeju Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 92: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 93: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 94: Jeju Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 95: Jeju Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 96: Jeju Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
Figure 97: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by Material Type, 2023 to 2033
Figure 98: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by Product Type, 2023 to 2033
Figure 99: Rest of Korea Industry Analysis and Outlook Value (US$ Million) by End Use, 2023 to 2033
Figure 100: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2018 to 2033
Figure 101: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Material Type, 2018 to 2033
Figure 102: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2023 to 2033
Figure 103: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033
Figure 104: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 105: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by Product Type, 2018 to 2033
Figure 106: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 107: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 108: Rest of Korea Industry Analysis and Outlook Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 109: Rest of Korea Industry Analysis and Outlook Volume (Sq. Mtr) Analysis by End Use, 2018 to 2033
Figure 110: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 111: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 112: Rest of Korea Industry Analysis and Outlook Attractiveness by Material Type, 2023 to 2033
Figure 113: Rest of Korea Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033
Figure 114: Rest of Korea Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033
The anticipated CAGR for Korea's bubble wrap packaging industry through 2033 is 2.30%.
Demand for bubble wrap packaging in Korea is likely to be USD 19.9 million by 2033.
LDPE holds the top preference as a material for bubble wrap packaging, capturing a significant industry share of 73.00%.
In Korea, the manufacturing and warehousing industry dominates the bubble wrap packaging landscape in 2023, with a share of 41.80%.
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Bubble Wrap Packaging Industry Analysis in Korea
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