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 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)” believe that promoting better regulations,
tying up with different E-tail & E-logistics companies and improved
marketing strategies followed by companies will aid the corrugated box
market.
Japan corrugated box
market is expected to register positive CAGR of around 1.0% during the period
2018-2022 in terms of domestic consumption. Use of corrugated boxes for shelf
ready packaging and the emergence of latest technology machines are expected to
have positive impact on the overall consumption of corrugated box market.
·
The increase in demand for corrugated
packaging for beverages and packaged food will increase therefore increasing
corrugated box demand.
·
Increasing demand of light weight packaging
is anticipated to have a positive impact on the Japan corrugated box market.
·
Growing processed food industry in Japan will
also drive the future of Japan corrugated box industry.
Rising demand of food
product packaging and increasing demand for lightweight packaging materials
will augment the growth of Japan Corrugated box market. Advances in multicolor,
flexo printing will facilitate in-house flexo printing and do away with screen
printing; contract printing on offset presses will therefore increase the
demand of corrugated boxes. Shelf ready packaging is also increasing as it significantly
reduces the workload for unpacking and displaying products. This trend is now
popular in supermarkets as the retail market is growing up, the demand for corrugated
boxes is also increasing. The use of high productivity inkjet presses such as
HP T1100S which is especially designed for volume corrugated print will also
drive the future of Japan corrugated box market. In future, OJI Holdings Ltd
will improve its market position through offering packaging solutions that
leverage on new technologies whilst increasing company’s competitiveness. The
company will start targeting home meal replacement packaging and E-commerce
packaging.
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