Japan Bag In Box Container Market Size & Outlook
Japan bag in box container market, 2017-2030 (US$M)
Related Markets
Japan bag in box container market highlights
- The Japan bag in box container market generated a revenue of USD 81.9 million in 2021 and is expected to reach USD 169.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.4% from 2022 to 2030.
- In terms of segment, food & beverage was the largest revenue generating application in 2021.
- Industrial Liquids is the most lucrative application segment registering the fastest growth during the forecast period.
Bag in box container market data book summary
| Market revenue in 2021 | USD 81.9 million |
| Market revenue in 2030 | USD 169.5 million |
| Growth rate | 8.4% (CAGR from 2021 to 2030) |
| Largest segment | Food & beverage |
| Fastest growing segment | Industrial Liquids |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverage, Industrial Liquids, Household Products |
| Key market players worldwide | Amcor PLC, Smurfit Kappa Group PLC, DS Smith PLC, SIG Group AG Ordinary Shares, Liqui-Box, CDF Corporation, Accurate Box Company, TPS Rental Systems, Aran Group |
Other key industry trends
- In terms of revenue, Japan accounted for 2.2% of the global bag in box container market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bag in box container market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 169.5 million by 2030.
Food & beverage was the largest segment with a revenue share of 62.39% in 2021. Horizon Databook has segmented the Japan bag in box container market based on food & beverage, industrial liquids, household products covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for bag-in-box container in the country is expected to grow owing to the buying behavior of consumers coupled with rising demand for products with longer shelf life. In addition, increasing number of household users, as well as changing food & beverage consumption patterns, is expected to drive the growth of the bag-in-box container industry.
However, stringent regulations regarding the use of synthetic plastics imposed by the Japanese government are expected to hinder the growth of the industry. The bag-In-box container market in Japan is expected to grow owing to the rising consumption of the soft drinks by consumers in the country.
Factors such as increasing health concerns, improved distribution infrastructure, and rising consumer purchasing power in the economy is expected to increase the market growth for bag-in-box containers over the forecast period.
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Bag In Box Container Market Scope
Bag In Box Container Market Companies
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Japan bag in box container market size, by application, 2017-2030 (US$M)
Japan Bag In Box Container Market Outlook Share, 2021 & 2030 (US$M)
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