Japan Food Wrap Market Size & Outlook, 2024-2030
Japan food wrap market, 2018-2030 (US$M)
Related Markets
Japan food wrap market highlights
- The Japan food wrap market generated a revenue of USD 239.9 million in 2023 and is expected to reach USD 379.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Food wrap market data book summary
| Market revenue in 2023 | USD 239.9 million |
| Market revenue in 2030 | USD 379.5 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Paper |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic Foil, Aluminum Foil, Paper |
| Key market players worldwide | Amcor PLC, Berry Global Group Inc, Huhtamaki, Reynolds Consumer Products Inc Ordinary Shares, ProAmpac, Mitsubishi Chemical Group Corp, Georgia-Pacific Packaging & Cellulose, Veritiv, Pixelle Specialty Solutions, Ahlstrom-Munksjö |
Other key industry trends
- In terms of revenue, Japan accounted for 4.7% of the global food wrap market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China food wrap 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 654.4 million by 2030.
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Food Wrap Market Scope
Food Wrap Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan food wrap 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 food wrap market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 56.07% in 2024. Horizon Databook has segmented the Japan food wrap market based on plastic foil, aluminum foil, paper covering the revenue growth of each sub-segment from 2018 to 2030.
The food wrap market in Japan is expected to grow over the forecast period due to the expanding quick service restaurant (QSR) industry. Japan's QSR market is characterized by a mix of international chains and local players, each adapting to the unique tastes and preferences of Japanese consumers.
Major global brands such as McDonald's, KFC, and Burger King have established strong footholds, often tailoring their menus to include items that appeal to local palates, such as teriyaki burgers. In addition, local QSR chains play a significant role in the Japanese food service market, offering a variety of cuisine types.
Besides, convenience stores such as 7-Eleven, Lawson, and Family Mart also compete in the QSR space, offering ready-to-eat meals and snacks. The industry has seen a growing trend toward healthier options, with chains like Freshness Burger emphasizing natural ingredients and Subway gaining popularity among health-conscious consumers.
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Our clientele includes a mix of food wrap market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan food wrap market , including forecasts for subscribers. This country databook contains high-level insights into Japan food wrap market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan food wrap market size, by material, 2018-2030 (US$M)
Japan Food Wrap Market Outlook Share, 2024 & 2030 (US$M)
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