Japan Paper Packaging Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – DS Smith, Graphic Packaging International Corporation, International Paper Company, Rengo, Sappi Limited

Latest research on Japan Paper Packaging Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Japan Paper Packaging market. This report included a special section on the Impact of COVID19. Also, Japan Paper Packaging Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Japan Paper Packaging industry.

Japan Paper Packaging market is growing at a CAGR of 6% during the forecast period (2021-2026).

The Japan Paper Packaging market is highly competitive and consists of a number of major players. Top Companies like DS Smith, Graphic Packaging International Corporation, International Paper Company, Rengo, Sappi Limited, Mondi Group, Oji Paper, Smurfit Kappa, Metsa Group, WestPack, Amcor plc

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Industry News And Developments:

- February 2020: Graphic Packaging International announced the launch of a new line of PaperSeal trays targetted to offer brands and retailers to replace the modified atmosphere and vacuum skin packaging plastic trays with paperboards alternative as part of its vision 2025 to expand and improve the packaging solutions while reducing the impact on the environment and thereby levering its sustainability profile in the industry. The solution is said to utilize 80-90% paperboards and 10-20% film extracted from the sustainably-managed forest.

Scope of the Report

- Japan is the world's second-largest producer of per capita of plastic waste, standing just behind the US added with the tighter international regulation in Japan is expected to encourage the manufacturers to capitalize on the rising demand for environmentally sustainable packaging materials such as paper packaging, which can potentially be deployed across various industries.

- Seemingly, major plastic bag suppliers in the region, such as Fukusuke Kogyo, are experiencing a decline in demand for plastic bags at groceries store as the customers are legally required to pay explicitly for the bags as the company expects to brace one-third decrease in order soon. Also, the company recently announced that it is currently investing in the development of materials that have lower environmental impacts and also to lower its production cost.

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Key Market Trends

The Food & Beverage Industry to Drive the Demand for the Market

- Japan is considered one of the significant consumer of paper-based products across various industries, including newsprint, packaging, Printing & Communication, Sanitary, and other miscellaneous applications. There's been a recent trend with the adoption of paper in the packaging industry owing to the consumer consciousness of sustainable packagings, concerns associated with deforestation, and Raw material availability, among others.

- For instance, the food manufacturers in the region have started to realize the drawbacks associated with the plastic wrapping and are preparing to switch to the paper packaging.

- Also, since the announcement of Nestle Japan's plan to use 100% recyclable packaging by 2025, In September 2019, Nestle Japan released new packaging for its famous miniature KitKat Chocolate bars that will now be wrapped with the origami paper instead of using plastic material. Also, the new paper packaging is set to certify the Forest Stewardship Council certification and is fully recyclable.

Corrugated Boxes to hold major market share

- The corrugated cardboard packaging boxes are expected to hold significant market share in the region owing to its biodegradable and non-toxic properties added with its lightweight and durability makes its one of the most preferred choice for packaging. Alongside the corrugated packaging, boxes could be various other applications.

- Also, Japan is known to have one of the fastest-growing eCommerce markets in the world with stable growth over the years with the presence of global giants such as Rakuten, amazon among others and alongside with presence of supermarket eCommerce sites such as Ito-Yokado, Markets, among others drives the adoption of corrugated boxes for products such as beverages, processed foods further drives the growth of the market.

- Further, In Japan, the collection rate of the corrugated box is reported to be as high as 95% added with the recycling rate of 90% at the corrugated cardboard factories drives the manufacturers to clear costs and improve the processing capacity. Also, with the added flexibility of corrugated boxes that can be used as exterior materials and processed into the interiors of the complex structures drives its demand in the region.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Japan Paper Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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