New Delhi, June 22, 2018: The report titled “Japan Corrugated Box Market Outlook to 2022 – By type of box (Slotted, Die-Cut and Others), by End Users (Processed Food, Fruits & Vegetables, Electrical Appliances and Machinery, Pharmaceuticals, Detergents & Cosmetics, Ceramics, Glassware & Sundries, Mail Order, Parcel Delivery & Moving, Other Foods, Textile Products And Others)” provides a comprehensive analysis on the Japan corrugated box Market. The report covers various aspects including introduction and genesis, market size by revenue, segmentation by type of box (Slotted, Die-Cut and Others), by end user (Processed Food, Fruits & Vegetables, Electrical Appliances And Machinery, Pharmaceuticals, Detergents & Cosmetics, Ceramics, Glassware & Sundries, Mail Order, Parcel Delivery & Moving, Other Foods, Textile Products And Others), by type of flute (Single, Double and Triple), By color and Non-Color and by Region (Kanto, Kinki, Chubu, Okinawa and Others). Major players have been profiled in the report including Rengo Co. Ltd, OJI Holding Corporation, Chuoh Pack Industry Co. Ltd., Tomoku Co. Ltd., Kariya Shiki Co., Ltd., Hiradan Corporation, Aichi Corrugated Cardboard Co. Ltd., Itoh Corrugated Industrial Co. Ltd., Ryohei Corrugated Co., Ltd. (Hako Hira Cardboard Kabushikiisha), Taiyo Corporation Ltd., Maruichi Corporations, Misuzu-Shigyou Inc, DAIO Packaging Co. Ltd., Tokai Paper Co. Ltd., Dynapac Corporation and Yamakoh, Co. Ltd., Dainippon Pax Kyoto Corporation). The report also covers Value Chain Analysis, Government regulations, buying decision parameters from end user point of view, Snapshot on Japan Kraft paper, corrugated board market, Export and Import trade scenario, along with analyst recommendation and macroeconomic variables.This report will help the reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for cardboard manufacturers, corrugated packaging manufacturers, processed food companies, E-commerce companies, investors, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Japan Corrugated Market Size and Overview
Market Size: Japan corrugated box market is in its late growth stage The Japan corrugated box market is highly correlated with Japanese economy and with the recovery in the economy the demand for corrugated packaging for beverages and packaged food will increase therefore increasing box demand. The domestic consumption of corrugated boxes increased from year 2012 to 2017. The growing processed food industry in Japan is one of the key drivers for corrugated board market. Over the past few years, the introduction of new farm and food technologies coupled with cost-effective international transport has increased the trade of food products.
Market Segmentation:
By End User
In 2017, processed food segment has dominated the Japan corrugated box market. Processed food segment has contributed the highest share in terms of sales volume. Processed food is leading and the growing industry in Japan and the fast paced lifestyle of consumers has led to an increase in consumption of processed food as a replacement of homemade meals. In 2017, fruits & vegetables contribute the second highest share followed by electrical appliances, pharmaceuticals, ceramics, mail order, other foods and textile products. Other end users are disposable diapers, hygiene products for the elderly, pet related products has least share in 2017.
By Type of Box In 2017, regular slotted type of box has dominated market in terms of sales volume. Regular slotted boxes are most preferred as they are easy to manufacture and moreover, the production is also fast. Die cut type of box has contributed the second highest share in terms of sales volume. Other type of corrugated boxes include full telescope box, partial telescope box, corrugated tray often used for display purposes, corrugated corner pads used for product support and cushioning.
By Type of Flute
In 2017, Single Flute type of box has contributed the highest share in terms of sales volume. These types of boxes are highly preferred as they are ideal for storing groceries and most stores hand out their goods to customers in such boxes instead of common jiffy bags. Double flute boxes has contributed the second highest share followed by triple flute boxes in Japan corrugated box market in 2017.
By Non-Colored and Colored Boxes
In 2017, non-colored box has dominated the market. Non-colored corrugated boxes are preferred by those end users who have to pack and store the products in the warehouse or godown. They are generally manufactured on end user demand and are used for packaging food and beverage items such as noodles, biscuits and others and children related products such as toys, games, soft toys and others.
By Region
In 2017, Kanto region has contributed highest share in terms of sales volume. Kanto region dominated because of better infrastructure development. Kanto region has a number of electrical and metal industries thus increasing the demand of corrugated boxes. Kinki contributed second highest share followed by Chubu and Okinawa in terms of sales volume in Japan corrugated box market in 2017. Other region such as Tohoku, Chugoku, Shikoku and Hokkaido has least share in 2017.
Competitive Landscape
Japan corrugated box market is fragmented with the presence of around 2,000 organized and un-organized players. Majorly, the manufacturing location and distribution channels witness both regional and cross border trade. Capacity expansions and additions to the existing product portfolio to cater to the growing demand are the major strategies adopted by industry participants. Rengo Co. Ltd. is the leading company in Japan corrugated box market with the highest market share followed by Oji Holdings Corporation in terms of production value of corrugated boxes. Other leading companies are Chuoh Pack Industry Co. Ltd., Tomoku Co. Ltd., Kariya Shiki Co., Ltd., Hiradan Corporation, Aichi Corrugated Cardboard Co. Ltd., Ito Corrugated Industrial Ltd., Ryohei Corrugated Co., Ltd., Taiyo Corporation Ltd., Maruichi Corporations, Misuzu-Shigyou Inc., DAIO Packaging Co. Ltd., Tokai Paper Co. Ltd., Yamakoh, Co., Ltd.
Future Outlook to Japan Corrugated Box Market
Japan corrugated industry is expected to increase at a CAGR of single digit in between the 2018 and 2022 in terms of domestic consumption due to the elevating demand from the end user segment in order to store and transport their end products. Rising demand of food product packaging and increasing demand for lightweight packaging materials will augment the growth of Japan Corrugated box market. Shelf ready packaging is also increasing as it significantly reduces the workload for unpacking and displaying products. This trend is now popular in supermarkets and as the retail market is growing up the demand for such type of packaging is also increasing, thereby increasing the need for corrugated boxes.
Corrugated Board Market in Japan
Corrugated board is prepared by gluing one or more fluted sheets of paperboard (corrugating medium) to one or more flat sheets (called facings) of linerboard. Japan ranked third among the production of corrugated cardboard. There are different types of corrugated board available which includes single face, single wall, double wall and triple wall. In 2016, Kanto region has dominated the market in terms of production of corrugated board in Japan corrugated board market. Kanto region dominated because of better infrastructure development. The region is ground for a number of electrical and metal industries thus increasing the demand of corrugated boards. In 2016, Kinki region contribute the second highest share in terms of production of corrugated board. Automobiles, machinery, electrical equipment, textiles, and processed foods are the most growing industries in Kinki which are therefore growing the demand for the corrugated board in the region. Chubu region contribute the third highest share followed by Okinawa, Tohoku, Chugoku, Shikoku and Hokkaido in Japan corrugated board market in 2016.
Corporate Comm India(CCI Newswire)
