How do I export eco-friendly products?
Demand for eco-friendly products is rapidly growing with the spread of global ESG management and the strengthening of carbon neutrality policies. Korea's eco-friendly product industry holds technological competitiveness across diverse fields including biodegradable packaging, renewable energy equipment, water treatment solutions, and sustainable consumer goods, and export opportunities continue to expand in line with the global green transition trend.
Key Summary
The global eco-friendly product market exceeded approximately $1 trillion in 2023, and driven by expanding ESG investment and national carbon neutrality policies, it is projected to grow at an annual average of 9.7% to reach approximately $1.8 trillion by 2030. The EU Green Deal and the US Inflation Reduction Act (IRA) are acting as key policy drivers that explosively increase demand for eco-friendly products and materials. Korea's eco-friendly product exports were approximately $4.5 billion in 2023, a 21% increase from the previous year, with renewable energy components, eco-friendly packaging, and water treatment equipment as major export items. The number of domestic eco-certified products exceeded approximately 18,000 in 2023, of which about 12% simultaneously hold overseas certifications. According to global consumer surveys, 72% of respondents indicated willingness to pay a price premium of up to 10% or more for eco-certified products, demonstrating the very high economic value of certification acquisition.
Market Overview
The global eco-friendly product market exceeded approximately $1 trillion in 2023, and driven by expanding ESG investment and national carbon neutrality policies, it is projected to grow at an annual average of 9.7% to reach approximately $1.8 trillion by 2030. The EU Green Deal and the US Inflation Reduction Act (IRA) are acting as key policy drivers that explosively increase demand for eco-friendly products and materials. Korea's eco-friendly product exports were approximately $4.5 billion in 2023, a 21% increase from the previous year, with renewable energy components, eco-friendly packaging, and water treatment equipment as major export items. The number of domestic eco-certified products exceeded approximately 18,000 in 2023, of which about 12% simultaneously hold overseas certifications. According to global consumer surveys, 72% of respondents indicated willingness to pay a price premium of up to 10% or more for eco-certified products, demonstrating the very high economic value of certification acquisition.
Essential Certifications
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