Japan Corrugated Board Market Size, Share & Trends Analysis Report By Application (Food Product, Beverages, Personal & Household Care, Chemicals, Electrical, Goods, Glassware & Ceramics), And Segment Forecasts, 2024 - 2030
Japan Corrugated Board Market Growth & Trends
The Japan corrugated board market size is expected to reach USD 5.46 billion by 2030, expanding at a CAGR of 1.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing consumption from the food and beverage packaging industry is expected to boost the demand.
Corrugated board was initially manufactured for use as a packaging material for fragile glassware products. The rising demand for packaging materials to maintain the freshness of food products and prevent damage during the transportation led to the adoption of corrugated boards.
The booming e-commerce business is also expected to augment the demand for corrugated boards. Flexibility and lightweight of corrugated boards enable easy handling and transportation, which is a requisite for the e-commerce industries. Growing regulatory pressure regarding non-biodegradable packaging materials in the country is anticipated to boost the corrugated board market demand.
Japan is expected to witness significant growth on account of various factors such as rising industrial activity in the manufacturing sector that requires corrugated packaging to transport and protect goods. Ongoing developments in small flute and high-quality graphic board are expected to boost the penetration of corrugated boxes in traditional folding carton applications.
Japan Corrugated Board Market Report Highlights
Electrical goods is the fastest-growing application and expected to register a CAGR of 1.7% from 2024 to 2030 owing to increased demand for consumer electronics
The food segment dominated the market in 2023, with a share of 55.6% in 2023
The beverages application segment is projected to grow at a CAGR of 1.3% from 2024 to 2030 owing to the presence of manufacturers such as Kirin Brewery; Asahi Breweries; and Suntory Holdings
Key companies operating in the Japan corrugated board market include Nippon Paper Group, Inc.; Oji Holdings Corporation; Rengo Co., Ltd.; Yamakoh, Co., Ltd.; and ISOWA Corporation
In March 2016, Nippon Paper Industries Co., Ltd. established a packaging communication center in the company’s corporate planning division and a packaging research laboratory in the research & development division to cater to the packaging industry
Please note The report will be delivered in 2-3 business days upon order notification.
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Japan Corrugated Board Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Japan Corrugated Board Market Variables Market Analysis Tools