【韓國包裝協會】Korea_s Environmentally Friendly Products Market Regulations and Trends.pdf

1、98,98,GasanGasandigital 2digital 2-ro,ro,GeumcheonGeumcheon-gugu,Seoul,Korea,Seoul,KoreaTel:+82Tel:+82-2 2-20262026-86558655Email:Email:Website:www.kopa.or.krWebsite:www.kopa.or.krBetter Packaging,Better Life!Korea Packaging AssociationOh,Sun JEnvironmental Protection and Sustainability1Current Stat

2、us of Environmentally Friendly Products Market Eco-friendly industries and policy trendsCurrent status of eco-friendly regulations4Korea Packaging AssociationConclusion5Koreas Environmentally Friendly Products Market Regulations and Trends23Companies adopt sustainable production methods and focus on

3、 product development through recyclable resources and raw materialsSustainabilityProducts that minimize product packaging and produce less waste after consumption are popular(e.g.,non-microplastic cosmetics,etc.)Zero WasteThere is a growing demand for products that meet vegan and animal welfare stan

4、dards,which provide consumers with a positive image and responsible consumptionVegan and animal welfareAnalysis of consumption patterns through IoT technology and activation of personalized eco-friendly product recommendationsSmart ConsumptionAs awareness of environmental issues and climate change g

5、rows,green products are becoming more important a surge in demandSustainable consumption growthConsideration of environmental impact becomes an important factor in consumers choice of products to buyA shift in consumer consciousnessTrends in the Eco-Friendly Products Market1Eco-friendly products pla

6、y an important role in protecting the global environment by saving resources,reducing pollution,and improving energy efficiency.It promotes sustainable consumption patterns by reducing carbon emissions,using recyclable materials,and minimizing chemicals.Environmental Protection and Sustainability1)I

7、ncreasing use of eco-friendly materialsRecycling and Upcycling-Consumers prefer products that utilize recyclable resources,and upcycling products are also gaining popularity (e.g.PET bottles recycled clothing,bags,shoes,etc)Bioplastics and Natural Materials-Natural materials such as bioplastic,bambo

8、o,soybean,and cotton are gradually used as plastic substitutes12)Carbon neutral and sustainable productionCarbon emission reduction-Many brands aim to reduce carbon emissions in the production of their products,buy carbon credits,or be carbon neutral through recyclingA sustainable production process

9、-Reduce energy consumption in the production process and spread the way resources are used efficiently3)A sustainable production processRecently,as the interest in the environment among consumers has increased significantly,the demand for eco-friendly products is increasing.In particular,Millennials

10、 and Generation Z are sensitive to environmental issues,and they pursue ethical consumption and tend to prefer eco-friendly productsEnvironmental Protection and Sustainability14)Changes in consumer behaviora price premium for eco-friendly products-Consumers tend to prefer eco-friendly products even

11、if they are more expensiveRevitalizing the Sharing Economy-A sharing economy that reduces unnecessary consumption and uses rental and exchange services is spreadingEnvironmental Protection and Sustainability15)Strengthen the competitiveness of a companyCompanies that produce eco-friendly products an

12、d place them as brand values can strengthen their competitivenessAn increasing number of companies are adopting eco-friendly management policies to cope with external pressures such as strengthening environmental regulationsEco-friendly certification mark-Certified products such as Vegan,Eco,Fair Tr

13、ade and Organic give consumers confidenceProduct Labeling-Labels specifying the impact of products on the environment,such as carbon footprint and water usage,are increasingly importantEnvironmental Protection and Sustainability16)Digitalization of Eco-Friendly Consumptiona platform for purchasing e

14、co-friendly products-Online markets and platforms specializing in eco-friendly products are growing rapidly,making it easy for consumers to purchase eco-friendly productsUtilize digital technology-A service that utilizes AI and big data to quickly and accurately recommend eco-friendly products that

15、consumers wantEnvironmental Protection and Sustainability18)Support from the government and the international communityMany countries and international organizations implement policies to promote the production and consumption of eco-friendly products.This encourages companies to invest in eco-frien

16、dly products,which plays an important role in market growthThe eco-friendly product market is important not only in protecting the environment but also in many aspects such as economic growth,consumer demand,and strengthening corporate competitiveness7)Economic opportunityThe eco-friendly product ma

17、rket is growing rapidly,enabling new industries and job creation.Companies that provide sustainable products to consumers can gain greater market share in the long runEnvironmental Protection and Sustainability2Current Status of Koreas Eco-friendly Products Market1)Status of Major Industries in Kore

18、a1-1)The food industry1-2)The cosmetics industry1-3)The household goods industry-Market Size:Approximately KRW 1,000 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 3-5%-Major Trends:Increasing Demand for Health Foods,Meal Foods,Alternative Meat Products,etc-Market Size:Approx

19、imately KRW 20 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 6-8%-Key Trends:Naturalism,Vegan Cosmetics,Personalized Products Preferred-Market Size:Approximately KRW 20 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 4-6%-Key Trends:Prefer Environmenta

20、lly Friendly Products and Smart Home Products21-4)The clothing industry1-5)The electronics industry1-6)The pharmaceutical and bio industries-Market Size:Approximately KRW 30 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 5-7%-Key Trends:Sustainable,but Fashion,Online Shopping

21、 Increase-Market Size:Approximately KRW 50 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 4-6%-Major Trends:Expanding Applications of IoT Devices,AI Technology-Market Size:Approximately KRW 30 trillion or more(as of 2023)-Growth rate:Expected annualized growth of 8-10%-Key Tr

22、ends:Growing Interest in Customized Healthcare and Preventive CareCurrent Status of Koreas Eco-friendly Products Market22)Koreas Eco-Friendly Products Market SizeMarket growth-Koreas eco-friendly products market has been growing rapidly in recent years-The eco-friendly market is expected to reach ab

23、out KRW 20 trillion in 2022,with annual growth expected to exceed 10%over the next five years 3)Change in consumer perceptionDemand for eco-friendly products has increased as health and environmental concerns have soared since COVID-19.(Recent research shows 75%of consumers prefer eco-friendly produ

24、cts.)Changes in consumer behavior-Korean consumers show more interest in eco-friendly products,eco-friendly consumption accounts for more than 30%of total consumption as of 2023Current Status of Koreas Eco-friendly Products Market3Koreas Eco-friendly Industries and Policy TrendsSustainable consumpti

25、on-Demand for eco-friendly products to protect the global environment and save resources increases rapidlyEnvironmental regulations are strengthened-As government environmental regulations are strengthened,companies are also changing their direction toward sustainable production and consumptionChang

26、e in consumer perception-Demand for eco-friendly products is increasing as consumers are increasingly interested in protecting the environment31)Key Environmentally Friendly Products Areas-eco-friendly food:Increasing demand for organic products,local food,pesticide-free products,etc-eco-friendly co

27、smetics:Natural ingredients-based cosmetics and vegan products increase in popularity-eco-friendly fashion:Clothing and accessories made from recycled or eco-friendly materials1-1)consumer goods1-)Packaging materials-Recyclable Packaging:Packaging using paper,bioplastic,natural fiber,etc.instead of

28、plastic is popularKoreas Eco-friendly Industries and Policy Trends32)Government policies and regulationsStrengthening eco-friendly policies-The government is implementing various policies to promote the production and consumption of eco-friendly products with the goal of 2050 carbon neutrality (For

29、example,carbon emission trading system,mandatory recycling,and environmentally friendly certification system will be strengthened)Sustainable manufacturing support-Tax incentives and support programs for businesses to promote the production of eco-friendly productsKoreas Eco-friendly Industries and

30、Policy Trends33)Environmentally Friendly Strategies of Major CompaniesEnvironmentally friendly management of large corporations-Large companies such as Samsung,LG,and Hyundai Motor are producing eco-friendly products by strengthening sustainable management *Samsung Electronics:Launch of home applian

31、ces using recycled plastic *Hyundai Motor Company:Expansion of eco-friendly vehicle production centered on electric and hydrogen carsSmall and Medium Businesses and Startups-Various eco-friendly startups are entering the market and introducing innovative eco-friendly productsKoreas Eco-friendly Indu

32、stries and Policy Trends34)Consumer Trends and ResponsesEco-friendly certification and label-Certification marks and labeling systems are becoming more important to make it easier for consumers to recognize eco-friendly productsSustainability-A growing number of consumers prefer a sustainable method

33、 throughout the entire process,from raw materials to production,distribution and disposal of productsKoreas Eco-friendly Industries and Policy Trends35)The Future of Koreas Eco-Friendly MarketKoreas eco-friendly market is expected to grow rapidly in the future,and sustainable and innovative eco-frie

34、ndly products will emerge in line with government policies and changes in consumer awarenessCompanies are expected to further strengthen their eco-friendly management and increase consumers eco-friendly consumptionKoreas Eco-friendly Industries and Policy Trends4Current Status of Environment-Related

35、 Regulations in Korea1)Environmental laws and regulations are strengthened2)An eco-friendly certification systemVarious laws and regulations have been enacted to regulate the production and distribution of eco-friendly products(For example,the Act on the Promotion of Resource Saving and Recycling,an

36、d the Environmental Technology and Environmental Industry Support Act)Eco-friendly product certification program is being activatedCertified products provide consumer reliability and can increase the competitiveness of the enterprise *Representative certification marks:Eco-friendly mark and ECO prod

37、uct certification3)Regulation of environmental signs and packagingRestrictions on the use of packaging materials have been tightened and recyclability standards have to be met44)Current Status of Environment-Related Regulations in Korea4-1)Climate Change Response and Carbon Emissions Regulation-Sout

38、h Korea announced a carbon neutrality target in 2020 and set a target to make zero carbon emissions by 2050,and one of the main policies for this is the*Carbon Emissions Trading System-A system that gives companies a target to reduce carbon emissions and allows them to buy emissions through trading

39、for emissions that exceed that target*A carbon credit systemEffective in 2025,companies are encouraged to voluntarily reduce carbon emissions,and targets are set to reduce them annually.This reduces greenhouse gas emissions in the industrial sector.In addition,Korea sets emission reduction targets f

40、or each industry every year by setting emission targets and forces them to comply with them.To this end,monitoring and inspection of various companies are being strengthened.Current Status of Environment-Related Regulations in Korea44)Current Status of Environment-Related Regulations in Korea4-2)Reg

41、ulation of recycling and waste management-South Korea applies strict regulations on recycling and waste disposal-Under the Resource Circulation Act,which took effect in 2018,companies should minimize waste generation and actively promote recycling *Mandatory recycling -All enterprises must segregate

42、 and discharge recyclable resources in an appropriate manner *Regulation of disposable products -Policies to restrict the use of disposable products have been strengthened since 2022,and measures such as banning the use of disposable cups in restaurants and cafes are in placeCurrent Status of Enviro

43、nment-Related Regulations in Korea44)Current Status of Environment-Related Regulations in Korea4-3)Regulations to improve air quality-South Korea has tightened regulations to improve air quality-In particular,since the fine dust problem has a great influence on public health,the government is implem

44、enting various policies to solve it *Fine dust reduction method -It strictly regulates the emission of fine dust from vehicle emissions,industrial processes,and thermal power plants,and manages air pollution by invoking emergency reduction measures when certain fine dust concentrations are exceeded

45、*Air Quality Monitoring by the Ministry of Environment -A system is in operation nationwide to monitor air quality in real time and issue warnings to the area if the threshold is exceededCurrent Status of Environment-Related Regulations in Korea44)Current Status of Environment-Related Regulations in

46、 Korea4-4)Regulations related to eco-friendly cars-Korea implements various support and regulations to expand the supply of eco-friendly cars *Mandatory sales of eco-friendly cars -The Korean government mandates large automakers to sell more than a certain percentage of eco-friendly cars,and provide

47、s generous subsidies for them *Strengthen regulations on internal combustion engine vehicles -From 2030,regulations on internal combustion engine vehicles will be further strengthened,and the government continues to push for policies to encourage the purchase of low-emission vehiclesCurrent Status o

48、f Environment-Related Regulations in Korea5 ConclusionKorea has put in place strong eco-friendly regulations to respond to climate change,recycle,improve air quality,and promote eco-friendly cars.These regulations will be an important foundation for achieving sustainable development.Companies can ga

49、in a competitive advantage in the market through eco-friendly management,and it will be an important opportunity to earn the trust of consumers.The role of companies for a sustainable future will become more important,and innovative development of eco-friendly products will be established in a way t

50、hat fulfills the companys social responsibilitiesKoreas eco-friendly product market is becoming an important factor for sustainable development,and regulations and trends are developing in cooperation with each other.Companies should focus on developing sustainable products and meeting the needs of consumers by effectively utilizing these changes.98,98,GasanGasandigital 2digital 2-ro,ro,GeumcheonGeumcheon-gugu,Seoul,Korea,Seoul,KoreaTel:+82Tel:+82-2 2-20262026-86558655Email:Email:Website:www.kopa.or.krWebsite:www.kopa.or.krBetter Packaging,Better Life!LifeThank YouKorea Packaging Association