Japan Medical Flexible Packaging Market Size & Outlook
Japan medical flexible packaging market, 2018-2030 (US$M)
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Japan medical flexible packaging market highlights
- The Japan medical flexible packaging market generated a revenue of USD 1,144.3 million in 2023 and is expected to reach USD 1,640.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Paper is the most lucrative material segment registering the fastest growth during the forecast period.
Medical flexible packaging market data book summary
| Market revenue in 2023 | USD 1,144.3 million |
| Market revenue in 2030 | USD 1,640.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Paper |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Aluminum, Bioplastics |
| Key market players worldwide | Amcor PLC, AptarGroup Inc, BD, Berry Global Group Inc, Winpak Ltd, Sealed Air Corp, Mondi PLC, Huhtamäki Oyj, Coveris, WestRock Co, Daetwyler Holding AG, Catalent Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Gerresheimer AG ADR, Amcor |
Other key industry trends
- In terms of revenue, Japan accounted for 6.0% of the global medical flexible packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical flexible packaging 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 3,594.1 million by 2030.
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Medical Flexible Packaging Market Scope
Medical Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan medical flexible packaging 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 medical flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 74.9% in 2023. Horizon Databook has segmented the Japan medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Medical flexible packaging market in Japan is expected to grow at a slower rate than expected during the forecast period owing to natural disasters such as the Tsunami and the overflooding of nuclear reactors.
However, the introduction of new pack forms and the risen focus on medical packaging products quality are expected to improve the demand for medical flexible packaging in the country in the coming years.
The continuously increasing aging population is expected to fuel the demand for medicines and medical devices in Japan. This, in turn, is anticipated to have a positive impact on the market demand for medical flexible packaging products in the country during the forecast period.
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Target buyers of Japan medical flexible packaging market databook
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Our clientele includes a mix of medical flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Japan medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan medical flexible packaging market size, by material, 2018-2030 (US$M)
Japan Medical Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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