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GEM | Goryeo Elastomers
Namyangju-si, South Korea
A
51-100 Employees
1984
Key takeaway
GEM, a key player in the rubber product manufacturing industry since 1984, specializes in custom rubber products and has a strong focus on technological innovations. Their expertise in rubber manufacturing includes a range of products such as silicone rubber and O-rings.
Reference
Core business
Custom Rubber Products | GEM | South Korea
GEM | Goryeo Elastomers | Elastic Customization----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -Silicone Rubber -Rubber Manufacturing -Rubber Products Molding -O-Rings -NSF
Next Pangaea Inc.
Seoul, South Korea
A
1-10 Employees
2021
Key takeaway
Next Pangaea is a cosmetic contract manufacturing company that specializes in developing effective cosmetics, offering a comprehensive range of services including design, engineering, and logistics.
Reference
Service
Service | Next Pangaea Inc.
Next Pangaea | Cosmetic OSM/ODM/OEM Maker located in Korea
INKOPACK
Hwaseong-si, South Korea
A
11-50 Employees
-
Key takeaway
INKOPACK Co., Ltd. specializes in providing a diverse range of packaging solutions, including pouches and films, which could be relevant for gum manufacturing. Their emphasis on advanced packaging operations highlights their commitment to protecting and promoting products effectively.
Reference
Core business
INKOPACK Co., ltd. (인코팩) – Global Flexible Packaging Converter
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The gum manufacturing industry in South Korea presents several key considerations for prospective entrants. Regulatory compliance is crucial, as South Korea enforces strict food safety and labeling standards. Familiarity with the Food Sanitation Act and the regulations set by the Ministry of Food and Drug Safety is essential for manufacturers to ensure their products meet local requirements. Challenges include intense competition from both domestic and international players, which necessitates a strong brand identity and innovative marketing strategies. Opportunities for growth exist in the form of rising health consciousness among consumers, leading to increased demand for sugar-free and functional gum products. Additionally, collaborations with local retailers can enhance market penetration. Environmental concerns are also significant; manufacturers must consider sustainable sourcing of raw materials and waste management practices to address the growing consumer preference for eco-friendly products. The competitive landscape is marked by established brands, yet there is room for niche players focusing on unique flavors or health benefits. Understanding global market trends is vital, as South Korea serves as a significant player in the Asian gum market, influencing neighboring countries through trends in flavor and packaging innovations. As such, thorough market research and strategic planning are indispensable for success in this dynamic industry.
Some interesting numbers and facts about your company results for Gum Manufacturing
| Country with most fitting companies | South Korea |
| Amount of fitting manufacturers | 2 |
| Amount of suitable service providers | 2 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 1984 |
| Youngest suiting company | 2021 |
Some interesting questions that has been asked about the results you have just received for Gum Manufacturing
What are related technologies to Gum Manufacturing?
Based on our calculations related technologies to Gum Manufacturing are Home Furnishing & Decor, Luxury Goods, Fast Moving Consumer Goods, Food, Sport & Entertainment
Who are Start-Ups in the field of Gum Manufacturing?
Start-Ups who are working in Gum Manufacturing are Next Pangaea Inc.
Which industries are mostly working on Gum Manufacturing?
The most represented industries which are working in Gum Manufacturing are Chemicals, Manufacturing, Packaging
How does ensun find these Gum Manufacturing Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.