Japan Corrugated Board Market Size & Outlook, 2022-2030
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Japan corrugated board market highlights
- The Japan corrugated board market generated a revenue of USD 5,107.1 million in 2022 and is expected to reach USD 9,655.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
Corrugated board market data book summary
| Market revenue in 2022 | USD 5,107.1 million |
| Market revenue in 2030 | USD 9,655.8 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, Japan accounted for 3.8% of the global corrugated board market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China corrugated board market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 13,216.0 million by 2030.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Smurfit Kappa Group PLC | View profile | 47000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | https://www.smurfitkappa.com |
| Oji Holdings Corp | View profile | 37845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.ojiholdings.co.jp |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Packaging Corp of America | View profile | 14900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | https://www.packagingcorp.com |
| International Paper Co | View profile | 39000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | https://www.internationalpaper.com |
| WestRock Co | View profile | 56100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | https://www.westrock.com |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20000 | P.O. Box 309, Helsinki, Finland, FI-00101 | https://www.storaenso.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
Japan corrugated board market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corrugated board market will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 30.26% in 2022. Horizon Databook has segmented the Japan corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
Paper packaging trend is rising in the country that is expected to positively impact the corrugated board market. As per data released by Japan Packaging Institute, paper & paper products held the highest shipment value share of 43.4% among all packaging materials as well as the highest shipment volume share of 64.7% in 2019.
Containerboard is a paperboard used for making corrugated boards and its demand is growing in the country for making packaging products for cosmetics, luxury goods as well as electronic items, among others.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into Japan corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan corrugated board market size, by flute type, 2018-2030 (US$M)
Japan Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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