Japan Molded Pulp Packaging Market Size & Outlook
Japan molded pulp packaging market, 2018-2030 (US$M)
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Japan molded pulp packaging market highlights
- The Japan molded pulp packaging market generated a revenue of USD 335.3 million in 2023 and is expected to reach USD 496.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Non-Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Molded pulp packaging market data book summary
| 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. |
Other key industry trends
- In terms of revenue, Japan accounted for 6.2% of the global molded pulp packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China molded pulp 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 472.3 million by 2030.
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Molded Pulp Packaging Market Scope
Molded Pulp Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan molded pulp 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 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. High disposable income and consumer inclination toward fast food eateries due to busy work schedule can be attributed to its substantial spending on eating out.
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.
Owing to these factors the segment is expected to witness high growth in the region. Molded pulp packaging employs inexpensive raw materials, affordable operational cost and are designed for reduced shipping and storage cost. They are usually formed to shape; hence no assembly line is required for production. All these above factors benefit the producers, thereby driving the market over the forecast period.
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Our clientele includes a mix of molded pulp 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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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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Japan molded pulp packaging market size, by source, 2018-2030 (US$M)
Japan Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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