Market revenue in 2023 | USD 335.3 million |
Market revenue in 2030 | USD 496.6 million |
Growth rate | 5.8% (CAGR from 2023 to 2030) |
Largest segment | Wood pulp |
Fastest growing segment | Non-Wood Pulp |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wood Pulp, Non-Wood Pulp |
Key market players worldwide | Huhtamäki Oyj, Genpak, Pro-Pac Packaging (Aust) Pty Ltd, Brødrene Hartmann, CKF, Sonoco Products Co, Eco Products, Fabri-Kal, Henry Molded Products, Sabert Corp., MVI ECOPACK, Pton Molded Fiber Products Co. |
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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 molded pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 85.59% in 2023. Horizon Databook has segmented the Japan molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is among the top five markets in terms of consumer spending on eating out in the region. According to Cushman & Wakefield, the country accounted for over 12% of the total spending on eating out in the region.
Rising number of eateries in the country and online delivery option offered by most of the eateries further boost the demand for molded pulp packaging in the country. Traditionally, Japan is a major adopter for new technologies and processes that involve a reduction in energy consumption, cost, and efficiency.
These technology employs post-industrial raw materials and often produced through a chemical-free pulping process. Moreover, the technology involves the production of zero waste as all scraps are returned back to the slurry.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into Japan molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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