The Japan paper packaging market size is projected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing focus on packaging solutions in the food & beverage industry.
Japan is the world's second-largest producer of plastic waste. This, in turn, has encouraged companies to use paper packaging solutions for their products. Premium paper packaging, paper carton packaging, paper box packaging, 3-5-layer craft paper packaging, and plastic craft paper packaging are the types of paper packaging. Paper packaging is used for packing, storing, and transporting goods. The paper packaging materials are usually highly versatile, customizable, lightweight, and durable. On the basis of customers’ requirement paper packages are made avail in various colors, shapes, as well as sizes.
The COVID-19 pandemic negatively impacted the transportation and manufacturing industry, hampering the market growth in first half of 2020. However, the relaxation in restrictions led to resume in trade, which led to recovery in the growth of the market.
The report on the Japan paper packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Japan Paper Packaging Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Products (Paperboard, Container Board, Corrugated Board, and Others), Industry Verticals (Food and Beverage, Home Care, Personal Care, Healthcare, Retail, and Others) |
Country | Japan |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | DS Smith; Graphic Packaging; International Corporation; International Paper Company; RengoSapp; and LimitedTetra Laval |
Based on products, the market is divided into paperboard, container board, corrugated board, and others. The paperboard segment is anticipated to hold a key share of the market in the coming years due to increasing use of the paperboard in food packaging. However, the corrugated board segment is anticipated to expand at a rapid pace during the forecast period owing to availability of biodegradable and cost effective corrugated boards.
On the basis of industry verticals, the Japan paper packaging market is segmented into food and beverage, home care, personal care, healthcare, retail, and others. The food and beverage segment is projected to constitute a major market share during the forecast period due to consumers’ awareness about sustainable packaging, concerns associated with deforestation, and raw material availability, among others. On the other hand, the home care segment is anticipated to expand at a rapid pace during the forecast period owing to increasing preference among individuals to lead a healthier lifestyle.
The Japan paper packaging market has been segmented on the basis
Products
Industry Verticals
Country
Japan
Key Players
Key players competing in the Japan paper packaging market includes DS Smith; Graphic Packaging; International Corporation; International Paper Company; RengoSapp; and LimitedTetra Laval.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
In September 2019, Nestle Japan's announced the plan to use 100% recyclable packaging by 2025.
In March 2021, International Paper signed the contract with Ortloff Engineers, Ltd. for two state of the art corrugated box for enhancing capabilities of the company in Madrid and Catalonia, and to offers their customers fresh fruits and vegetables.
The Japan paper packaging market has been segmented on the basis
Products
Industry Verticals
Country
Japan
Key Players
Key players competing in the Japan paper packaging market includes DS Smith; Graphic Packaging; International Corporation; International Paper Company; RengoSapp; and LimitedTetra Laval.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
In September 2019, Nestle Japan's announced the plan to use 100% recyclable packaging by 2025.
In March 2021, International Paper signed the contract with Ortloff Engineers, Ltd. for two state of the art corrugated box for enhancing capabilities of the company in Madrid and Catalonia, and to offers their customers fresh fruits and vegetables.
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