Japan Plastic Caps and Closures Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.21 Billion |
| Market Size (2029) | USD 3.98 Billion |
| CAGR (2024 - 2029) | 4.39 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Plastic Caps and Closures Market Analysis
The Japan Plastic Caps And Closures Market size is estimated at USD 3.21 billion in 2024, and is expected to reach USD 3.98 billion by 2029, growing at a CAGR of 4.39% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 18.21 billion units in 2024 to 21.78 billion units by 2029, at a CAGR of 3.65% during the forecast period (2024-2029).
- The Japanese food and beverage industry is on the rise, driven by shifting consumer tastes toward Western cuisine and a broad spectrum of products, ranging from bulk to consumer-oriented. According to data from the United States Department of Agriculture (USDA), in 2023, Japan emerged as the fourth largest market for United States agricultural goods, with imports totaling USD 13 billion, solidifying the United States as Japan's top foreign food and beverage supplier.
- Japan's increasing appetite for non-alcoholic beverages, like juices and bottled water, boosts the demand for plastic caps. Data from the USDA highlights Japan's growing preference for US non-alcoholic beverages, especially mineral water and juices. Concurrently, Japanese consumers are leaning towards healthier drinks and non-alcoholic beers, further fueling the need for plastic caps and closures.
- Japanese manufacturers focus on product differentiation, channeling investments into sustainable, high-quality, and competitively priced offerings to cater to evolving consumer demands. Companies like Nippon Closures Co. Ltd. are pioneering research in recyclable plastic caps, even introducing caps with 30% biomass content to reduce environmental footprints, bolstering market growth.
- However, Japan's plastic market faces challenges. Fluctuating plastic prices, driven by demand-supply imbalances, directly impact the production costs of plastic caps and closures, potentially hindering market growth. Additionally, the country's mounting plastic waste poses a dual challenge, constraining the demand for plastic packaging solutions.
Japan Plastic Caps and Closures Market Trends
Threaded Caps Segment to Have the Highest Share
- Threaded caps find extensive applications across various sectors, including food, beverages, cosmetics, and pharmaceuticals, due to their airtight sealing properties, which are crucial for preventing leaks and maintaining product integrity, especially in Japan.
- Japanese manufacturers craft these caps predominantly from resin materials like HDPE, LDPE, and polypropylene, offering variations in thread types, from continuous to non-continuous closures. These caps, especially popular for beverage bottles, enhance packaging aesthetics and play a pivotal role in preserving the product's flavor and quality, thus amplifying their demand across a spectrum of applications.
- Key players such as Amcor Group GmbH and Aptar Group Inc. lead the market, customizing their threaded caps to cater to various end-users. For instance, Amcor's 13/415 mm threaded ribbed linerless cap is specifically tailored to pharmaceutical and personal care end-use. The versatility and benefits of these caps have propelled their adoption, transcending industries from food and beverages to home care, pet care, and nutraceuticals.
- In Japan, the utilization of Polyethylene (PE), Polypropylene (PP), and other resins for crafting threaded caps are on the rise, bolstering product demand. This surge is largely propelled by Japan's escalating consumption of raw material plastics, primarily for packaging solutions. Recent figures from the Ministry of Economy, Trade, and Industry (METI) reveal that in April 2024, Polyethylene (PE) consumption stood at 84.03 Metric Tons, while Polypropylene (PP) consumption reached 105.75 Metric Tons.
Food Segment Expected to Dominate the Market
- Advancements in food manufacturing have led to a notable shift in the Japanese diet, transitioning from traditional fresh produce to mass-produced and processed foods. This change has seen a rise in pre-processed ingredients and ready-to-eat meals, especially favored by Japan's younger generation and dual-income households, driving substantial market growth.
- According to the United States Department of Agriculture (USDA), Japan's aging demographic increasingly values protein-rich and nutritious foods. The surging demand for plastic caps and closures in food packaging directly responds to Japan's heightened appetite for processed meat products, necessitating a corresponding rise in plastic lid and closure production.
- In Japan, jams, pickles, spices, and nuts are typically found in bottles or containers with airtight plastic closures. These closures prevent contamination and tampering and are engineered for convenient opening and dispensing. Their pivotal role in extending product shelf life, safeguarding against external elements, and managing oxygen levels within the packaging underscores their significance in driving market growth.
- Japan's reliance on the United States for imports, spanning processed meat, dairy, bakery items, and vegetables, is largely steered by the robust food retail sector. Japan Customs data reveals that the U.S. supplies Japan with 26% of its meat products, 12% of processed vegetables, 6% of fresh fruits, and 4% of processed fruits, further fueling the demand for plastic caps and closures in the Japanese market.
Japan Plastic Caps and Closures Industry Overview
The Japanese plastic caps and closures market is moderately consolidated, with domestic players such as Nippon Closures Co. Ltd, Toyo Seiken Group Holdings Ltd, and International players including Amcor Group GmbH, Aptar Group Inc., and Tetra Pak. To solidify their footprint in the market, the players focus on new product development, partnerships, mergers and acquisitions, and collaborations.
- April 2024: Aptar Group Inc., a United States-based company in Japan, unveiled its latest product, the Future Disc Top closure. This innovative closure, designed for the beauty and personal care sector, is crafted exclusively from Polyethylene (PE), making it entirely recyclable. Its secure locking ring is noteworthy, a feature that enhances its transit reliability, ultimately resulting in a premium experience for end-users.
Japan Plastic Caps and Closures Market Leaders
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Aptar Group Inc.
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Amcor Group GmbH
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Toyo Seiken Group Holdings Ltd
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Tetra Laval International SA
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Nippon Closures Co. Ltd
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Toyo Seiken Group Holdings Ltd
*Disclaimer: Major Players sorted in no particular order
Japan Plastic Caps and Closures Market News
- May 2024: Amcor Group GmbH, an Australian-based company with operations in Japan, has unveiled its 'Bottles of the Year' initiative. These bottles, designed for the beverage, spirits, food, dairy, and personal care sectors, come equipped with a PET tethered closure, ensuring recyclability.
- April 2024: Aptar Group Inc., a US-based company operating in Japan, has revealed plans to expand its North American manufacturing facility. This move is a strategic response to the rising consumer demand, particularly in the pharmaceutical sector, where the focus will be on bolstering the production of child-resistant senior-friendly (CRSF) closure solutions.
Japan Plastic Caps and Closures Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Buyers
- 4.3.2 Bargaining Power of Suppliers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitutes Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Rising Food and Beverage Sector in the Country
- 5.1.2 Increased Demand for Innovative Products in the Market
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5.2 Market Challenge
- 5.2.1 Volatility in Plastic Prices in Japan
6. INDUSTRY REGULATION, POLICY AND STANDARDS
7. MARKET SEGMENTATION
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7.1 By Resin
- 7.1.1 Polyethylene (PE)
- 7.1.2 Polyethylene Terephthalate (PET)
- 7.1.3 Polypropylene (PP)
- 7.1.4 Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.)
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7.2 By Product Type
- 7.2.1 Threaded
- 7.2.2 Dispensing
- 7.2.3 Unthreaded
- 7.2.4 Child-Resistant
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7.3 By End-Use Industries
- 7.3.1 Food
- 7.3.2 Beverage
- 7.3.2.1 Bottled Water
- 7.3.2.2 Carbonated Soft Drinks
- 7.3.2.3 Alcoholic Beverages
- 7.3.2.4 Juices & Energy Drinks
- 7.3.2.5 Other Beverages
- 7.3.3 Personal Care & Cosmetics
- 7.3.4 Household Chemicals
- 7.3.5 Other End-Use Industries
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles
- 8.1.1 Amcor Group GmbH
- 8.1.2 Aptar Group Inc.
- 8.1.3 Sonoco Products Company
- 8.1.4 Nippon Closures Co. Ltd.
- 8.1.5 Toyo Seiken Group Holdings Ltd.
- 8.1.6 Nihon Yamamura Glass Co. Ltd.
- 8.1.7 Tetra Laval International S.A.
- 8.1.8 Mikasa Industry Co. Ltd.
- *List Not Exhaustive
9. RECYCLING & SUSTAINABILITY LANDSCAPE
10. FUTURE OUTLOOK
** Subject To AvailablityJapan Plastic Caps and Closures Industry Segmentation
The scope of the study characterizes the plastic caps and closures market based on the raw material of the product, including PP, PE, PET, and other raw materials used across various end-user industries such as Food, Pharmaceuticals, Beverage, Cosmetics and Toiletries and more across the country. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
Japan Plastic Caps and Closures Market is Segmented by Resin (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP) and Other Plastic Materials), by Product Type (Threaded, Dispensing, Unthreaded, and Child-Resistant), by End-Use Industries (Food, Beverage (Bottled Water, Carbonated Soft Drinks, Alcoholic Beverages, Juices and Energy Drinks and Others), Personal Care and Cosmetics, Household Chemicals, and Other End-Use Industries). The Market Sizing and Forecasts are Provided in Terms of Volume (Units) and Revenue (USD) for all the Above Segments.
| By Resin | Polyethylene (PE) | |
| Polyethylene Terephthalate (PET) | ||
| Polypropylene (PP) | ||
| Other Plastic Materials (Polystyrene, PVC, Polycarbonate, etc.) | ||
| By Product Type | Threaded | |
| Dispensing | ||
| Unthreaded | ||
| Child-Resistant | ||
| By End-Use Industries | Food | |
| Beverage | Bottled Water | |
| Carbonated Soft Drinks | ||
| Alcoholic Beverages | ||
| Juices & Energy Drinks | ||
| Other Beverages | ||
| Personal Care & Cosmetics | ||
| Household Chemicals | ||
| Other End-Use Industries |
Japan Plastic Caps and Closures Market Research FAQs
How big is the Japan Plastic Caps And Closures Market?
The Japan Plastic Caps And Closures Market size is expected to reach USD 3.21 billion in 2024 and grow at a CAGR of 4.39% to reach USD 3.98 billion by 2029.
What is the current Japan Plastic Caps And Closures Market size?
In 2024, the Japan Plastic Caps And Closures Market size is expected to reach USD 3.21 billion.
Who are the key players in Japan Plastic Caps And Closures Market?
Aptar Group Inc., Amcor Group GmbH, Toyo Seiken Group Holdings Ltd, Tetra Laval International SA, Nippon Closures Co. Ltd and Toyo Seiken Group Holdings Ltd are the major companies operating in the Japan Plastic Caps And Closures Market.
What years does this Japan Plastic Caps And Closures Market cover, and what was the market size in 2023?
In 2023, the Japan Plastic Caps And Closures Market size was estimated at USD 3.07 billion. The report covers the Japan Plastic Caps And Closures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Plastic Caps And Closures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Plastic Caps and Closures Industry Report
Statistics for the 2024 Japan Plastic Caps And Closures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Plastic Caps And Closures analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
