Market revenue in 2023 | USD 2,037.1 million |
Market revenue in 2030 | USD 2,913.7 million |
Growth rate | 5.2% (CAGR from 2023 to 2030) |
Largest segment | Plastics |
Fastest growing segment | Bioplastics |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plastics, Paper, Metal, Bioplastics |
Key market players worldwide | Amcor PLC, Mondi PLC, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
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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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 63.75% in 2023. Horizon Databook has segmented the Japan pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Japan was the third-largest economy in terms of GDP in 2020 and is one of the leading developed economies around the globe with a high per capita income. It is one of the largest producers of plastics in the world, and in 2020, it produced over 9 million tons of plastic waste, of which nearly 68% was generated through packaging industry.
From January 2018, China stopped importing plastic waste from other countries, following which the Japanese Environment Ministry urged the domestic recycling companies to increase their capacities to facilitate more recycling. However, the growing plastic waste in the country is likely to result in a ban on several plastic packaging products in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan pouches market , including forecasts for subscribers. This country databook contains high-level insights into Japan pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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