Japan Paper Packaging Market Insights Forecasts to 2030

• The Japan Paper Packaging Market Size was valued at USD multimillion in 2022.
• The market is growing at a CAGR of 6.0% from 2022 to 2032

The Japan Paper Packaging Market Size is expected to grow measurable count at a CAGR of 6.0% during the forecast period 2022-2032.

Market Overview

Paper packaging is a highly efficient and cost-effective way for the community to transport, transfer, and store numerous items. Kraft paper, corrugated board, molded pulp, and other materials are used in paper packaging. Paper-based packaging is frequently used and is becoming a trend since it is lightweight and can be customized to meet the demands of the product's customers. It offers ecologically beneficial waste reduction options to consumers and industry. The prominent paper manufacturers in the region, such as Nippon Paper, have announced the growth of paper-based barrier materials that protect items from air and water. According to Nippon Paper, the demand for paper and paperboard packaging materials has increased over the years as a substitute for more cost-effective plastics. Paper-based packaging products currently account for 70% of the company's overall revenues.

Report Coverage

This research report categorizes the market of Japan paper packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan paper packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan paper packaging market.

Driving Factors

The market is expected to rise due to rising demand for ecologically sustainable packaging during the projected period. The rising customer interest in purchasing recycled items is expected to drive market expansion in the future years. Rising favorable government regulations regarding packaging are expected to drive market expansion in the next years and increasing product efficiency is also likely to drive market expansion over the forecast period.

Restraining Factors

The increasing digitalization of information and communication has led to a decline in paper consumption in various sectors. The reduced demand for printed materials, such as newspapers, magazines, and physical mail, could impact the growth of the paper packaging market which may restrain the growth of Japan paper packaging market.

COVID 19 Impacts 

The COVID-19 epidemic hampered market development in the first half of 2020. However, the removal of limitations resulted in a restart of business, which resulted in an improvement in market growth.

Market Segment

• In 2022, corrugated board is influencing the largest market share over the forecast period.

Based on the product, the Japan paper packaging market is bifurcated into paperboard, containerboard, and corrugated board. Among these segments, corrugated boards dominate the largest market share during the forecast period. Corrugated boxes are popular for packing due to their biodegradable and non-toxic characteristics, as well as their lightweight and durability. Moreover, in Japan, the collecting rate of corrugated boxes is claimed to be as high as 95%, along with a recycling rate of 90% at corrugated cardboard facilities, driving producers to reduce costs and boost processing capacity. Also driving demand in the region is the enhanced versatility of corrugated boxes, which may be utilized as external materials as well as processed into the interiors of complicated constructions.

• In 2022, food and beverage are dominating the largest market growth during the forecast period.

Based on industry vertical, the Japan collagen supplement market is classified into several factors such as food and beverage, personal care, home care, healthcare, and retail. Among these, food and beverage held the largest market share during the forecast period due to the dominance that might be ascribed to the increased demand for food goods in Japan. Also, the growing inclination for packaged and processed foods has fueled the need for paper packaging. Furthermore, the increased demand for fast food and frozen foods needs suitable packaging, boosting the inclination for paper packaging. The food is packed in paper, which eliminates the detrimental effects of plastic packing and the ease of disposal of paper is a major element supporting the growth of this industry. Also, due to consumer awareness of sustainable packaging, worries about deforestation, and raw material availability, among other factors. For example, food businesses in the region are starting to recognize the limitations of plastic packaging and have plans to move to paper packaging.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan paper packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• DS Smith
• Graphic Packaging
• International Paper Company
• Rengo, Sappi
• LimitedTetra Laval
• Nippon Paper Industries, Ltd

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In December 2021, Nippon Paper Industries, Ltd. acquired SIAA antiviral processing certification issued by the Antibacterial Product Technology Council for "NPI antiviral paper." This is the first purchase in the category of "Inorganic materials such as paper and making." Because this product may be printed and processed in the same way as regular printing paper, it is a product that can provide safety and security in a variety of applications. It was introduced in September 2020 and is used in mask cases, notebooks, envelopes, and other items.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2022 to 2032. Spherical Insights has segmented the Japan Paper Packaging Market based on the below-mentioned segments:

Japan Paper Packaging Market Size, By Product

• Paperboard
• Container Board
• Corrugated Board

Japan Paper Packaging Market Share, By Industry Vertical

• Food and Beverage
• Personal Care
• Home Care
• Healthcare
• Retail