Japan Rigid Plastic Packaging Market Size
| Study Period | 2022 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2022 - 2022 |
| CAGR (2024 - 2029) | 3.64 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Rigid Plastic Packaging Market Analysis
The Japan Rigid Plastic Packaging Market size in terms of shipment volume is expected to grow from 2.78 Million metric tons in 2024 to 3.32 Million metric tons by 2029, at a CAGR of 3.64% during the forecast period (2024-2029).
- Japan's food and beverage sector is notably fragmented. The sector's growth is largely driven by a surge in tourism, which, in turn, boosts the demand for rigid plastic packaging solutions. As per USDA data, the food processing sector in Japan was valued at USD 182 billion in 2023. This valuation stems from a heightened production of traditional Japanese cuisine, Western foods, and health-oriented products, all catering to the local populace. Such dynamics inevitably bolster the market for rigid plastic packaging in the nation.
- Furthermore, Japan's beverage industry's expansion is linked to rising production and imports of non-alcoholic drinks, and a growing trend of health-conscious beverages among the youth. USDA reports indicate that nearly all non-alcoholic beverages in Japan are produced domestically, with imports constituting a mere 3%. In 2023, the country's beverage consumption was led by mineral water, juices, green tea, and carbonated drinks, fueling market growth.
- Japanese manufacturers, including Toyo Seiken Group Holdings Ltd and Takemoto Yohki Co. Ltd, are prioritizing investment in research and development to roll out innovative plastic packaging solutions as a key growth strategy. For instance, in June 2024, Takemoto Yohki Co. Ltd unveiled a new line of hot-fill compatible PET bottles designed to withstand temperatures up to 90 degrees, making them perfect for juices and soft drinks.
- Nonetheless, mounting environmental concerns over plastic waste pose significant challenges to the market. Japan ranks among the world's top producers of plastic waste. In response, the government is channeling investments into sustainable waste management initiatives. In addition, many manufacturers are pivoting to alternative packaging materials such as paper and metal, a shift that could stifle market growth.
Japan Rigid Plastic Packaging Market Trends
Polyethylene Terephthalate (PET) Segment is Estimated to Have the Largest Market Share
- In Japan's rigid packaging industry, PET is the go-to material for crafting bottles, trays, and containers, especially for food and beverage packaging. These applications adhere to stringent safety and reliability standards set by regulatory bodies. The surging demand for PET bottles spans various sectors, including home care, cosmetics, personal care, and pharmaceuticals, fueling the market's expansion. Manufacturers in Japan are increasingly favoring PET, not only for its lightweight and cost-effective nature but also for its recyclable properties.
- As reported by Japan News, the Japanese government is championing the use of recycled plastics. This initiative aims to combat plastic pollution and bolster the circular economy. Targeted industries encompass packaging, automobiles, and electronic devices. Consequently, manufacturers are enhancing the quality of recycled plastics, especially for PET packaging products.
- Japan's rising consumption of bottled water, spurred by increasing tourism, drives the demand for PET bottles. J4CE Japan Partnership for Circular Economy highlights that Japan consumes around 25 billion water bottles annually, underscoring the market's growth.
- The burgeoning sectors of food, beverages, healthcare, and cosmetics in Japan are propelling the popularity of PET packaging. Data from the Ministry of Economy, Trade and Industry (METI) reveals that PET product production in Japan surged from 33.71 thousand tons in April 2024 to 36.88 thousand tons by June 2024, further fueling market growth.
Food Segment Expected to Dominate the Market
- The demand for plastic bottles, trays, and containers is set to rise in Japan, driven by the expanding food processing industry. The United States Department of Agriculture (USDA) reported that in 2023, Japan's food industry was valued at a substantial USD 182 billion, fueled by the creation of innovative food products catering to changing consumer preferences. Furthermore, Japan's food retail sector is thriving, largely due to a surge in the consumption of ready-to-eat and packaged food items.
- Japan's reliance on imports is high, with the nation sourcing approximately 50% of its pork supply from other countries. The United States stands as the primary pork supplier, trailed by Canada and Spain in Japan. Given pork's popularity as a protein choice among Japanese households, this demand significantly boosts the need for rigid plastic packaging solutions such as containers and trays in the nation.
- Japanese manufacturers, including Takemoto Yohki Co. Ltd, Kodama Plastics Co. Ltd, and Toyo Seiken Group Holdings Ltd, are at the forefront of providing innovative and eco-friendly plastic bottles specifically for food industry. These bottles, designed for food items such as mayonnaise and salad dressings, utilize materials with high oxygen barrier properties and a multilayer structure, ensuring an extended shelf life for their contents. As a result, these bottles have found widespread application as food containers.
- Japan's increasing food imports, essential for supporting its burgeoning food industry, are driving up the demand for rigid plastic packaging solutions. USDA data highlights that the United States leads in food exports to Japan, followed closely by China, Thailand, and Australia, underscoring the heightened need for packaging solutions, including trays and containers.
Japan Rigid Plastic Packaging Industry Overview
The Japanese rigid plastic packaging market features a moderately consolidated landscape, with key players including Sonoco Products Company, Sealed Air Corporation, Takemoto Yohki Co. Ltd, and Toyo Seiken Group Holdings Ltd., operating in the market. These companies are actively competing for a larger slice of the market, utilizing strategies such as new product launches, expanding their market presence, and engaging in strategic mergers and acquisitions.
- July 2024: Takemoto Yohki Co. Ltd, a Japanese company, unveiled a new square bottle designed with a wider mouth and a screw-off orifice reducer for effortless refilling. This versatile bottle caters to a broad spectrum of skincare products, making it apt for both men's and women's cosmetics. Crafted from PET, the square bottle is designed for refilling and reuse.
Japan Rigid Plastic Packaging Market Leaders
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Toyo Seiken Group Holdings Ltd.
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Sonoco Products Company
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Sealed Air Corporation
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Hokkan Holdings Ltd.
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Takemoto Yohki Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
Japan Rigid Plastic Packaging Market News
- May 2024: Amcor Group GmbH, a Switzerland-based company with operations in Japan, launched its 'Bottles of the Year' initiative. These bottles cater to the latest consumer preferences in the beverage, food & dairy, home & personal care, and healthcare segments. It features a PET tethered closure, enhancing its recyclability.
- March 2024: Otsuka Foods Co. Ltd, a Japanese food company, introduced two new products to their MATCH line of carbonated vitamin drinks, MATCH Pineapple Soda in a 500-ml PET bottle and MATCH Jelly in a 260-gram PET bottle.
Japan Rigid Plastic Packaging 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 Suppliers
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitutes
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Surge in Demand of Healthy Food and Beverage Options in the Market
- 5.1.2 New Product Innovations to Propel the Market Growth
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5.2 Market Challenge
- 5.2.1 Growing Environmental Concerns Over Plastic Packaging Waste
6. INDUSTRY REGULATION, POLICY AND STANDARDS
7. MARKET SEGMENTATION
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7.1 By Product Type
- 7.1.1 Bottles and Jars
- 7.1.2 Trays and Containers
- 7.1.3 Caps and Closures
- 7.1.4 Intermediate Bulk Containers (IBCs)
- 7.1.5 Drums
- 7.1.6 Pallets
- 7.1.7 Other Product Types
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7.2 By Material
- 7.2.1 Polyethylene (PE)
- 7.2.1.1 LDPE & LLDPE
- 7.2.1.2 HDPE
- 7.2.2 Polyethylene Terephthalate (PET)
- 7.2.3 Polypropylene (PP)
- 7.2.4 Polystyrene (PS) and Expanded Polystyrene (EPS)
- 7.2.5 Polyvinyl Chloride (PVC)
- 7.2.6 Other Rigid Plastic Packaging Materials
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7.3 By End-Use Industries
- 7.3.1 Food**
- 7.3.1.1 Candy & Confectionery
- 7.3.1.2 Frozen Foods
- 7.3.1.3 Fresh Produce
- 7.3.1.4 Dairy Products
- 7.3.1.5 Dry Foods
- 7.3.1.6 Meat, Poultry, And Seafood
- 7.3.1.7 Pet Food
- 7.3.1.8 Other Food Products
- 7.3.2 Foodservice**
- 7.3.2.1 Quick Service Restaurants (QSRs)
- 7.3.2.2 Full-Service Restaurants (FSRs)
- 7.3.2.3 Coffee and Snack Outlets
- 7.3.2.4 Retail Establishments
- 7.3.2.5 Institutional
- 7.3.2.6 Hospitality
- 7.3.2.7 Other Foodservice End Uses
- 7.3.3 Beverage
- 7.3.4 Healthcare
- 7.3.5 Cosmetics and Personal Care
- 7.3.6 Industrial
- 7.3.7 Building and Construction
- 7.3.8 Automotive
- 7.3.9 Other End-user Industries (Household Products, and Logistics)
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles*
- 8.1.1 Takemoto Yohki Co. Ltd
- 8.1.2 Amcor Group GmbH
- 8.1.3 Sonoco Products Company
- 8.1.4 Sealed Air Corporation
- 8.1.5 Meiji Rubber & Chemical Co. Ltd
- 8.1.6 Kodama Plastics Co. Ltd
- 8.1.7 Toyo Seiken Group Holdings Ltd
- 8.1.8 Hokkan Holdings Ltd
- 8.1.9 Nihon Yamamura Glass Co. Ltd
- 8.2 Heat Map Analysis
- 8.3 Competitor Analysis - Emerging vs. Established Players
9. RECYCLING & SUSTAINABILITY LANDSCAPE**
10. FUTURE OUTLOOK
** Subject To AvailablityJapan Rigid Plastic Packaging Industry Segmentation
The scope of the study characterizes the rigid plastic packaging market based on the product's raw materials, including PP, PE, PET, and other raw materials used across various end-use industries such as food, pharmaceuticals, beverage, personal care, industrial and automotive, and more. 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.
The Japanese rigid plastic packaging market is segmented by product type (bottles and jars, trays and containers, caps and closures, intermediate bulk containers (IMCs), drums, pallets, and other product types), material type (polyethylene (PE) (LDPE & LLDPE and HDPE), polyethylene terephthalate (PET), polypropylene (PP), polystyrene (PS) and expanded polystyrene (EPS), polyvinyl chloride (PVC), and other rigid plastic packaging materials), and by end-use industries (food (candy & confectionary, frozen foods, fresh produce, dairy products, dry foods, meat, poultry and seafood, pet food and other food products), foodservice (quick service restaurants, full-service restaurants, coffee and snack outlets, retail establishments, institutional, hospitality and other foodservice end-uses), beverage, healthcare, cosmetics and personal care, industrial, building and construction, automotive and other end-use industries (household products, and logistics)). The market sizing and forecasts are provided in terms of volume (tons) for all the above segments.
| By Product Type | Bottles and Jars | |
| Trays and Containers | ||
| Caps and Closures | ||
| Intermediate Bulk Containers (IBCs) | ||
| Drums | ||
| Pallets | ||
| Other Product Types | ||
| By Material | Polyethylene (PE) | LDPE & LLDPE |
| HDPE | ||
| By Material | Polyethylene Terephthalate (PET) | |
| Polypropylene (PP) | ||
| Polystyrene (PS) and Expanded Polystyrene (EPS) | ||
| Polyvinyl Chloride (PVC) | ||
| Other Rigid Plastic Packaging Materials | ||
| By End-Use Industries | Food** | Candy & Confectionery |
| Frozen Foods | ||
| Fresh Produce | ||
| Dairy Products | ||
| Dry Foods | ||
| Meat, Poultry, And Seafood | ||
| Pet Food | ||
| Other Food Products | ||
| By End-Use Industries | Foodservice** | Quick Service Restaurants (QSRs) |
| Full-Service Restaurants (FSRs) | ||
| Coffee and Snack Outlets | ||
| Retail Establishments | ||
| Institutional | ||
| Hospitality | ||
| Other Foodservice End Uses | ||
| By End-Use Industries | Beverage | |
| Healthcare | ||
| Cosmetics and Personal Care | ||
| Industrial | ||
| Building and Construction | ||
| Automotive | ||
| Other End-user Industries (Household Products, and Logistics) |
Japan Rigid Plastic Packaging Market Research FAQs
How big is the Japan Rigid Plastic Packaging Market?
The Japan Rigid Plastic Packaging Market size is expected to reach 2.78 million metric tons in 2024 and grow at a CAGR of 3.64% to reach 3.32 million metric tons by 2029.
What is the current Japan Rigid Plastic Packaging Market size?
In 2024, the Japan Rigid Plastic Packaging Market size is expected to reach 2.78 million metric tons.
Who are the key players in Japan Rigid Plastic Packaging Market?
Toyo Seiken Group Holdings Ltd., Sonoco Products Company, Sealed Air Corporation, Hokkan Holdings Ltd. and Takemoto Yohki Co. Ltd. are the major companies operating in the Japan Rigid Plastic Packaging Market.
What years does this Japan Rigid Plastic Packaging Market cover, and what was the market size in 2023?
In 2023, the Japan Rigid Plastic Packaging Market size was estimated at 2.68 million metric tons. The report covers the Japan Rigid Plastic Packaging Market historical market size for years: 2022 and 2023. The report also forecasts the Japan Rigid Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Rigid Plastic Packaging Industry Report
Statistics for the 2024 Japan Rigid Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Rigid Plastic Packaging 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.
