Japan fresh food packaging market is expected to grow at a CAGR of 2.50% over the forecast period. The fresh food packaging market is growing in Japan due to an increase in demand for organic food. According to the Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) the domestic production of organic food i.e. plant and non-processed food increased from 32,780 tonnes in 2005 to 42,386 tonnes in 2015. The increase in consumption of organic food in Japan has increased the requirement of fresh food packaging solution as people are health conscious and opt for organic food would even like to have a proper packing for protection and safety of enclosed food. Japan has one of the most advanced technologies in the world and this has led to the creation of advanced technologies for fresh food packaging. Thereby making innovative and attractive packaging solutions. The growing demand for fresh food and due rising health-conscious population is further growing the market of fresh food packaging. The need for shelf life extension of fresh food and organic food is a major driver for the market as the fresh food packaging helps in providing protection and safety and even resistance from microorganisms and bacteria. The increasing threat of food being spoiled is increasing the need for strong and durable packaging for a longer period.
The better health facilities in the country with rich traditions and culture have resulted in an increase in the geriatric population. This has become a restricting factor for fresh food packaging as it is reducing the production of agriculture due to the shrinking share of the population in the agriculture sector. The low fertility rate and improving life expectancy is increasing the number of old age people in Japan. The stringent government regulations regarding the use of fresh food packaging material is also a reason for the restriction. The fresh food packaging market is highly affected due to the lack of natural resources in the country which leads to less consumption and the need for packaging in fresh food products. The Japan Fresh Food Packaging market has been segmented on the basis of the material and application. By material, the market has been segmented as plastic, paper and board, glass, and metal. By application, the Japan fresh food packaging market has been classified into poultry and meat products, dairy products, produce (vegetables and fruits), seafood, and others. By material, paper and board hold a significant market share due to the widespread usage of traditional packaging materials. By application, produce seafood accounted for a significant market share in 2019.
Prominent key market players in the Japan fresh food packaging market include International Paper, ULMA GROUP, SONOCO PRODUCTS COMPANY, Takemoto Packaging. Inc., and KOBAYASHI & Co., LTD. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the Japan fresh food packaging market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
SONOCO PRODUCTS COMPANY
Takemoto Packaging. Inc.
KOBAYASHI & Co., LTD.
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