The anticipated value of the plastic healthcare packaging industry in Korea is estimated to reach USD 505.6 million by 2024, with a projected 5.3% CAGR in the utilization of plastic healthcare packaging.
| Attributes | Details |
|---|---|
| Demand Analysis in 2024 | USD 505.6 million |
| Demand Forecast in 2034 | USD 843.4 million |
| CAGR Estimation from 2024 to 2034 | 5.3% |
The surge in the need for medical supplies and medications has propelled the expansion of the plastic healthcare packaging industry. The plastic healthcare packaging industry in Korea will likely secure USD 843.4 million.
Adopting sustainable packaging practices is a notable trend, aligning with global environmental concerns. The region’s healthcare packaging sector embraces technological advancements, incorporating innovative materials and manufacturing processes to enhance efficiency and product safety. Integrating e-commerce channels with plastic healthcare packaging solutions is shaping the distribution landscape. Regulatory compliance remains challenging, necessitating a strategic approach to navigate evolving standards. As South Gyeongsang contributes to Korea thriving healthcare packaging industry, the region stakeholders are actively addressing these trends and challenges to maintain a competitive edge.
A distinctive set of trends and challenges marks the plastic healthcare packaging industry in North Jeolla. The circular economy is gaining prominence, focusing on recyclable and reusable packaging solutions. The demand for personalized packaging, catering to diverse healthcare product needs, is rising. The region is at the forefront of digitalization and smart packaging integration, enhancing tracking capabilities and patient engagement.
Cost pressures pose a challenge, requiring a delicate balance between advanced packaging solutions and industry competitiveness. Harmonizing regulations within North Jeolla and across Korea is essential for ensuring standardized practices. Despite these challenges, North Jeolla commitment to innovation and sustainability positions it as a key player in Korea evolving plastic healthcare packaging landscape.
In 2024, composites hold a significant industrial share of 34.9% in the plastic healthcare packaging sector, showcasing a growing preference for lightweight and durable materials. Fixed load floor operation dominates with a substantial 56.8% share, indicating a prevalent trend towards standardized and non-adjustable load floor designs in the industry.
| Category | Industrial Share in 2024 |
|---|---|
| Polypropylene | 34.9% |
| Medical Devices | 56.8% |
With a substantial share of 34.9%, polypropylene plays a significant role in the plastic healthcare packaging industry. This versatile polymer is widely utilized for its favorable properties, durability, chemical resistance, and cost-effectiveness.
The substantial share indicates its prevalence in various packaging applications, contributing to the industry overall stability and functionality. Polypropylene dominance suggests a reliance on its favorable characteristics, such as the ability to withstand sterilization processes and provide a barrier against contaminants.
The exceptional share of 56.8% occupied by medical devices underscores their critical role in driving the plastic healthcare packaging industry. This high percentage signifies a robust demand for specialized packaging solutions tailored to the unique requirements of medical devices.
The medical devices category encompasses various products, from diagnostic tools to implantable devices, necessitating tailored and secure packaging. The significant share also reflects the industry alignment with the expanding healthcare sector and the continuous innovation in medical technology, further emphasizing the strategic importance of packaging in ensuring the safety and efficacy of medical devices.
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2024 | USD 505.6 million |
| Projected Industry Size in 2034 | USD 843.4 million |
| Anticipated CAGR between 2024 to 2034 | 5.3% CAGR |
| Demand Forecast for the Plastic Healthcare Packaging Industry in Korea | 2024 to 2034 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the Plastic Healthcare Packaging Industry in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
| Key Provinces Analyzed | South Gyeongsang; North Jeolla; South Jeolla; Jeju; Rest of Korea |
| Key Companies Profiled | MENFIS KOREA; Bilcare Limited; Gerresheimer AG; Amcor Limited; Constantia Flexibles Group; Wipak Ltd; Comar LLC; West Rock Company; Aptar Group; West Rock Company |
Table 1: Industry Analysis and Outlook Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Industry Analysis and Outlook Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 4: Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 5: Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 6: Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 7: Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 8: Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Table 9: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 10: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 11: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 12: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 13: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 14: South Gyeongsang Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Table 15: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 16: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 17: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 18: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 19: North Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 20: North Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Table 21: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 22: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 23: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 24: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 25: South Jeolla Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 26: South Jeolla Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Table 27: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 28: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 29: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 30: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 31: Jeju Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 32: Jeju Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Table 33: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 34: Rest of Industry Analysis and Outlook Volume (Units) Forecast by Product Type, 2019 to 2034
Table 35: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 36: Rest of Industry Analysis and Outlook Volume (Units) Forecast by Material Type, 2019 to 2034
Table 37: Rest of Industry Analysis and Outlook Value (US$ Million) Forecast by Application, 2019 to 2034
Table 38: Rest of Industry Analysis and Outlook Volume (Units) Forecast by Application, 2019 to 2034
Figure 1: Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 2: Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 3: Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 4: Industry Analysis and Outlook Value (US$ Million) by Region, 2024 to 2034
Figure 5: Industry Analysis and Outlook Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Industry Analysis and Outlook Volume (Units) Analysis by Region, 2019 to 2034
Figure 7: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 8: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 9: Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 10: Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 11: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 12: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 13: Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 14: Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 15: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 16: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 17: Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 18: Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 19: Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 20: Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 21: Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 22: Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 23: Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
Figure 24: Industry Analysis and Outlook Attractiveness by Region, 2024 to 2034
Figure 25: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 26: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 27: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 28: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 29: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 30: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 31: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 32: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 33: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 34: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 35: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 36: South Gyeongsang Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 37: South Gyeongsang Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 38: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 39: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 40: South Gyeongsang Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 41: South Gyeongsang Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 42: South Gyeongsang Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
Figure 43: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 44: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 45: North Jeolla Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 46: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 47: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 48: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 49: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 50: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 51: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 52: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 53: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 54: North Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 55: North Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 56: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 57: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 58: North Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 59: North Jeolla Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 60: North Jeolla Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
Figure 61: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 62: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 63: South Jeolla Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 64: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 65: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 66: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 67: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 68: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 69: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 70: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 71: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 72: South Jeolla Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 73: South Jeolla Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 74: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 75: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 76: South Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 77: South Jeolla Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 78: South Jeolla Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
Figure 79: Jeju Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 80: Jeju Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 81: Jeju Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 82: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 83: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 84: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 85: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 86: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 87: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 88: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 89: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 90: Jeju Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 91: Jeju Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 92: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 93: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 94: Jeju Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 95: Jeju Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 96: Jeju Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
Figure 97: Rest of Industry Analysis and Outlook Value (US$ Million) by Product Type, 2024 to 2034
Figure 98: Rest of Industry Analysis and Outlook Value (US$ Million) by Material Type, 2024 to 2034
Figure 99: Rest of Industry Analysis and Outlook Value (US$ Million) by Application, 2024 to 2034
Figure 100: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 101: Rest of Industry Analysis and Outlook Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 102: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 103: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 104: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 105: Rest of Industry Analysis and Outlook Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 106: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 107: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 108: Rest of Industry Analysis and Outlook Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 109: Rest of Industry Analysis and Outlook Volume (Units) Analysis by Application, 2019 to 2034
Figure 110: Rest of Industry Analysis and Outlook Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 111: Rest of Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 112: Rest of Industry Analysis and Outlook Attractiveness by Product Type, 2024 to 2034
Figure 113: Rest of Industry Analysis and Outlook Attractiveness by Material Type, 2024 to 2034
Figure 114: Rest of Industry Analysis and Outlook Attractiveness by Application, 2024 to 2034
By 2024, the estimated valuation of the plastic healthcare packaging industry is USD 505.6 million.
The anticipated CAGR for the plastic healthcare packaging landscape through 2034 is 5.3%.
By 2034, the demand for the plastic healthcare packaging industry will reach USD 843.4 million in value terms.
The plastic healthcare packaging industry in Korea expanded at a CAGR of 2.7% from 2019 to 2023.
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Plastic Healthcare Packaging Industry Analysis in Korea
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