Market revenue in 2023 | USD 503.7 million |
Market revenue in 2030 | USD 803.0 million |
Growth rate | 6.9% (CAGR from 2023 to 2030) |
Largest segment | Sodium polyacrylate |
Fastest growing segment | Sodium Polyacrylate |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sodium Polyacrylate, Polyacrylate/Polyacrylamide |
Key market players worldwide | Basf SE, LG Chem, Formosa Plastics Group, Sanyo, Evonik Industries AG, Kao Corp, Nippon Shokubai Co Ltd, Sumitomo Corp |
Sodium polyacrylate was the largest segment with a revenue share of 84.02% in 2023. Horizon Databook has segmented the Japan super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is another major market for superabsorbent materials owing to the expansion of the personal hygiene sector. The growing middle class in the country is extremely conscious of baby hygiene and is adopting health-conscious methods of convenient baby hygiene products.
There is a significant gap between the supply and demand for diaper products on account of inadequate distribution channels and large storage space occupied by diaper packs as compared to their price which leads consumers compromising on their purchase and depriving them of better benefits and choices.
Growing demand for sustainable hygiene products such as sanitary pads, adult diapers is expected to result in increasing the market penetration of superabsorbent polymers. The Japanese consumers are primarily focusing on thinner pads which have a better comfort level and convenience.
This has been a key feature of the market over the past few years. The adult incontinence products segment is expected to remain an essential segment owing to the large population of the older age group in the country. This segment will witness a significant rise in demand as consumers belonging to the older age group are opting for better comfort and convenience.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account