The turnover in packaging activities in South Korea is forecasted to rise steadily from 2024 to 2028. In 2023, the turnover stood at 814.10 billion South Korean Wons. There is expected annual growth as follows: 2024 (3.3%), 2025 (3.3%), 2026 (3.1%), 2027 (3.0%), and 2028 (2.8%). The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is projected to be approximately 3.1%.

Future trends to watch for include:

Increasing demand for eco-friendly and sustainable packaging solutions.
Technological advancements in packaging machinery.
Regulatory changes focusing on reducing plastic waste.
Shifts in consumer behavior towards more online shopping, requiring more robust packaging solutions.