South Korea Paper Packaging Market is Expected to Reach US$ 17.04 Billion by 2031 | CoherentMI [Yahoo! Finance]
NESTLE S.A S/ADR (NSRGY)
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Source: Yahoo! Finance
Products such as corrugated boxes, cartons, bags, and envelopes are widely utilized in industries like food and beverages, personal care, consumer durables, and across various other industries. Burlingame, March 27, 2024 (GLOBE NEWSWIRE) -- CoherentMI published a report, titled, South Korea Paper Packaging Market is estimated to value at US$ 14.04 Billion in the year 2024 and is anticipated to reach US$ 17.04 Billion by 2031 , at a CAGR of 3.3% during forecast period 2024-2031. Market Dynamics: The South Korea Paper Packaging Market is experiencing high growth due to the increasing demand for sustainable packaging solutions. Consumers are becoming more environmentally conscious and are looking for eco-friendly packaging options. Paper packaging is biodegradable, recyclable, and renewable, making it a popular choice among consumers and businesses alike. Additionally, stringent regulations regarding plastic usage and waste management are driving the demand for paper packaging in S
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