Japan Plastic Packaging Film Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 0.44 Million tonnes |
| Market Volume (2029) | 0.54 Million tonnes |
| CAGR (2024 - 2029) | 4.18 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Plastic Packaging Film Market Analysis
The Japan Plastic Packaging Film Market size in terms of shipment volume is expected to grow from 0.44 Million tonnes in 2024 to 0.54 Million tonnes by 2029, at a CAGR of 4.18% during the forecast period (2024-2029).
- The food industry's growth in Japan is poised to boost plastic film sales. This surge is primarily due to the films' exceptional moisture and oxygen barrier capabilities. The food and beverage sectors are increasingly drawn to polypropylene packaging films, enticed by their appealing chemical and physical attributes.
- Japanese industries frequently demand bespoke packaging solutions for their distinct products. Tailored stretch films, designed for the electronics, personal care, and pharmaceutical sectors, are instrumental in addressing these varied requirements.
- According to Nipro Corporation, its pharmaceutical packaging-related sales in Japan increased in the past years from JPY 35.53 billion (USD 0.22 billion) in 2019 to JPY 51.75 billion (USD 0.32 billion) in 2023. This constant increase in pharmaceutical packaging is expected to continue in the future, consequently driving the demand for packaging films and stretch films.
- Moreover, the surge in e-commerce and retail activities in major commercial hubs has heightened the need for secure packaging solutions, particularly stretch films, to safeguard goods during transit. Ongoing technological advancements in stretch films have resulted in the creation of high-performance variants tailored to meet a wide array of industry requirements.
- Japan's packaging industry has long relied on significant amounts of plastic, prompting a growing demand for sustainable and recyclable packaging films. Major manufacturers continue to favor plastic packaging due to its cost-effectiveness. The increasing popularity of environmentally friendly and recyclable packaging materials, such as stretch films, is a result of consumer choices and regulatory requirements.
- Japan's government has rolled out a fresh plastic circulation strategy, targeting a 60% recycling rate for plastic packaging and a 25% cut in single-use plastics by 2030. This initiative is poised to temper market growth, particularly impacting the demand for single-use shopping bags, sacks, pouches, and sachets crafted from polypropylene films.
Japan Plastic Packaging Film Market Trends
Strong Demand For Polypropylene (PP) Films Aids the Top-Line
- Polypropylene film, an increasingly favored packaging material, is versatile. Its low density makes it cost-effective and positions it as a substitute for a range of materials, such as polyethylene, polyvinyl chloride, polyester, and cellophane, in numerous packaging applications. This film finds applications across various industries, from food and beverages, pharmaceuticals, and personal care to industrial goods, stationery, cigarettes, and textiles.
- The burgeoning food industry in Japan is poised to bolster the sales of polypropylene films. These films stand out for their exceptional moisture and oxygen barrier capabilities, making them a prime choice for food and beverage companies. Businesses have been drawn to their products for their capacity to prolong shelf life and shield against external elements like moisture and air.
- With a heightened focus on hygiene, Japanese consumers increasingly turn to antiviral and antibacterial products, especially in residential, medical, and commercial settings. Polypropylene packaging films infused with polymeric biocides are at the forefront of this trend, effectively inhibiting the growth of various microorganisms, including fungi and bacteria. These films are engineered with an active antimicrobial agent, bolstering their antifungal capabilities.
- The market is witnessing growth primarily due to the rising adoption of flexible packaging films across diverse industries. Moreover, as awareness regarding the advantages of PP packaging films, especially in comparison to other plastic food packaging films, increases, sales are expected to surge. Notably, the expanding food & beverage, electronics, and cosmetics & personal care markets in Japan are playing a pivotal role in driving the demand for polypropylene packaging films.
- According to Ministry of Finance Japan report in April 2024, the export value of electronics from Japan have been consistently increasing in the past few years from USD 58.59 billion in 2019 to USD 76.87 billion. With the increasing export trade the demand for hight-barrier PP films are also expected to increase across the market.
Demand From Candy & Confectionery Segments To Boost Sales
- Japan boasts one of the largest confectionery markets in Asia. Japanese consumers exhibit a penchant for foreign confectionery, often indulging in sweet treats. Notably, chocolate and sweet confectionery trends shift multiple times within a season, rendering the Japanese confectionery market dynamic and a very significant opportunity for new players.
- Amid a surge in health consciousness and a quest for wellness, consumers favor indulgences that strike a balance between taste and nutrition, leaning towards guilt-free options. This trend isn't just fueling innovation in the confectionery sector and driving consumers to seek sustainable, eco-friendly, and recyclable packaging films for their treats.
- The country's confectionery sector's growing demand for lightweight, protective, visually appealing, and high-barrier packaging is set to drive up sales in the confectionery packaging segment. The sensory appeal of these packages not only entices purchases but also significantly boosts the market's prospects.
- In 2023, Japan produced approximately two thousand metric tons of confectioneries, as reported by the All Nippon Kashi Association in April 2024. The nation's confectionery landscape is dominated by traditional Japanese confectioneries (wagashi), alongside snack foods, biscuits, and chocolates.
- Key players in Japan's confectionery sector, such as Meiji Holdings, Ezaki Glico, and Morinaga & Company, have long been established in the industry. Notably, companies like Asahi, traditionally outside the confectionery realm, have diversified into sweet treat production, broadening the competitive field. This diversification is also poised to drive up the demand for packaging films in Japan.
Japan Plastic Packaging Film Industry Overview
Japan plastic film packaging is fragmented, displaying moderate fragmentation with Toray Advanced Film Co. Ltd, Cosmo Films Limited, Futamura Chemical Co., Ltd., TOPPAN Inc, and more. The market comprises major and local players supplying raw materials and packaging services. The latest developments in packaging and film materials are shaping the market.
March 2024: Toppan, a prominent printing and packaging solutions provider headquartered in Japan, has unveiled its latest offering, GL-SP, a cutting-edge barrier film designed for sustainable packaging. Developed in partnership with India's TOPPAN Speciality Films (TSF), this pioneering product uses biaxially oriented polypropylene (BOPP) as its base material.
Japan Plastic Packaging Film Market Leaders
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Toray Advanced Film Co. Ltd
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Futamura Chemical Co., Ltd.
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Cosmo Films Limited
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Rengo Co., Ltd
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Toppan Packaging Product Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
Japan Plastic Packaging Film Market News
August 2023 - Toppan, Mitsui Chemicals Tohcello, and Mitsui Chemicals have jointly initiated a pilot program. Their goal is to bring to market a technology that emphasizes the horizontal recycling of packaging films. This endeavor is a pivotal part of a larger strategy by these Tokyo-based plastic firms. Their aim is to pioneer a unique method: transforming printed biaxially oriented polypropylene (BOPP) film into new, pliable packaging material.
May 2024- Toray Industries, Inc., a Japan-based company, unveiled a breakthrough: a mold release film tailored for cutting-edge semiconductor applications devoid of per and polyfluoroalkyl substances. Semiconductor packaging electrically encloses IC chips, shielding them from external elements while establishing connections between their terminals. To safeguard against contamination during mold processes, a release film is interposed between mold resins and molds.
Japan Plastic Packaging Film Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Demand For Light-Weight and Sustainable Packaging Across Industries
5.1.2 Robust Demand From the Food, Beverage and Pharmaceutical Sector Aids Growth
5.2 Market Restraints
5.2.1 Stringent Government Policies Against the Use of Plastic
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP))
6.1.2 Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE))
6.1.3 Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET))
6.1.4 Polystyrene
6.1.5 Bio-Based
6.1.6 PVC, EVOH, PETG, and Other Film Types
6.2 By End User
6.2.1 Food
6.2.1.1 Candy & Confectionery
6.2.1.2 Frozen Foods
6.2.1.3 Fresh Produce
6.2.1.4 Dairy Products
6.2.1.5 Dry Foods
6.2.1.6 Meat, Poultry, And Seafood
6.2.1.7 Pet Food
6.2.1.8 Other Food Products
6.2.2 Healthcare
6.2.3 Personal Care & Home Care
6.2.4 Industrial Packaging
6.2.5 Other End-use Industry
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Toray Advanced Film Co. Ltd
7.1.2 Futamura Chemical Co., Ltd.
7.1.3 Cosmo Films Limited
7.1.4 Toppan Packaging Product Co. Ltd.
7.1.5 Rengo Co., Ltd
7.1.6 Kingchuan Packaging
7.1.7 KISCO LTD
7.1.8 Gunze Limited
7.1.9 GSI Creos Corporation
7.1.10 Unitika LTD.
- *List Not Exhaustive
8. RECYCLING & SUSTAINABILITY LANDSCAPE
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Japan Plastic Packaging Film Industry Segmentation
Plastic films are thin, continuous materials typically wound on a core or cut into sheets. The study tracks the demand for converted packaging films across the major resin and application types. The analysis delves into various film types, including Polypropylene (PP), Polyethylene Film (PE), Polyethylene Terephthalate Films (PET), Polystyrene Films (PS), Bio-Based, and other variants. Furthermore, the segmentation extends to encompass end-user industries.
Japan Plastic Packaging Film Market is Segmented by Type (Polypropylene (Biaxially Oriented Polypropylene (BOPP), (cast Polypropylene (CPP)), Polyethylene (Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE)), Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)), Polystyrene, Bio-Based, and PVC, EVOH, PETG, and Other Film Types), by End-User (Food [Candy & Confectionery, Frozen Foods, Fresh Produce, Dairy Products, Dry Foods, Meat, Poultry, and Seafood, Pet Food, Other Food Products], Healthcare, Personal Care & Home Care, Industrial Packaging and Other End-Use Industry Applications). The report offers market forecasts and size in volume (tonnes) for all the above segments.
| By Type | |
| Polypropylene (Biaxially Oriented Polypropylene (BOPP), Cast polypropylene (CPP)) | |
| Polyethylene (Low-Density Polyethylene (LDPE), Linear low-density polyethylene (LLDPE)) | |
| Polyethylene Terephthalate (Biaxially Oriented Polyethylene Terephthalate (BOPET)) | |
| Polystyrene | |
| Bio-Based | |
| PVC, EVOH, PETG, and Other Film Types |
| By End User | ||||||||||
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| Healthcare | ||||||||||
| Personal Care & Home Care | ||||||||||
| Industrial Packaging | ||||||||||
| Other End-use Industry |
Japan Plastic Packaging Film Market Research FAQs
How big is the Japan Plastic Packaging Film Market?
The Japan Plastic Packaging Film Market size is expected to reach 0.44 million tonnes in 2024 and grow at a CAGR of 4.18% to reach 0.54 million tonnes by 2029.
What is the current Japan Plastic Packaging Film Market size?
In 2024, the Japan Plastic Packaging Film Market size is expected to reach 0.44 million tonnes.
Who are the key players in Japan Plastic Packaging Film Market?
Toray Advanced Film Co. Ltd, Futamura Chemical Co., Ltd., Cosmo Films Limited, Rengo Co., Ltd and Toppan Packaging Product Co. Ltd. are the major companies operating in the Japan Plastic Packaging Film Market.
What years does this Japan Plastic Packaging Film Market cover, and what was the market size in 2023?
In 2023, the Japan Plastic Packaging Film Market size was estimated at 0.42 million tonnes. The report covers the Japan Plastic Packaging Film Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Plastic Packaging Film Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Plastic Packaging Film Industry Report
Statistics for the 2024 Japan Plastic Packaging Film market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Plastic Packaging Film analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
