Analysts at Ken Research in their latest publication “Japan Corrugated Box Market Outlook to 2022 - 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)”
believe that promoting regulations, tying up with different E-tail &
E-logistics companies and improved marketing strategies followed by companies will
aid the corrugated box market.
Rising demand
of safe and cushioned packaging of the product along with the rise in demand of
lightweight packaging and packaged food has driven the growth of corrugated
boxes in the country.
Japan Corrugated box market
is at its growth stage. The 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 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. The growth of corrugated
box is directly related with the growth in different end users segment.
Moreover, the increase in use of corrugated boards for packaging over other
paper products, also aided the growth of corrugated boxes. A large number of
multinational food companies are now actively engaged in global food trade. Many
corrugators increased production capacity by adding automatic machineries from
China. Many craft paper manufacturers also increased the
price of craft paper by 15% due to the rise in price of raw material such as
pulp and chips. Also, the price of fuel and chemicals increased thereby rising
overall manufacturing cost.
Japan ranked third among
the production of corrugated cardboard. In 2017, the production of corrugated
cardboard was 14 billion square meters. With the increasing demand for soft and
sustainable packaging solutions the demand for corrugated boards is increasing
year on year.
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