Latest Headlines

Packaging outlooks for China, Japan

December 27, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

One market is languishing, but poised for growth, while the other is growing at an 8% clip.  That’s according to two new packaging market research reports for China and Japan, respectively.

China is the second-largest packaging market in the world. Fueled by the rapid growth in domestic consumption and consistent growth in GDP, the Chinese packaging industry has grown steadily and achieved rapid growth in its key categories. In 2011, the Chinese packaging industry was estimated to value US$76.0 billion and grew by around 7.2% from 2010. China has replaced Japan in terms of market size and is expected to surpass the US by 2020.

The Chinese government has formulated numerous policies to develop the country's packaging industry in order to sustain industrial growth through subsidies and tax concessions, and investment in equipment, technology and infrastructure to improve and upgrade the packaging industry's capabilities.

The Chinese packaging industry is poised for impressive growth and is expected to record a compound annual growth rate (CAGR) of around 8% during the forecast period to value US$110.1 billion in 2016.

That’s according to a new report, Packaging Industry Outlook in China: Market Size, Key Trends, Drivers, and Challenges to 2016 from ResearchMoz.

The report also notes:
  • China emerged from the economic crisis more quickly than the rest of world, bringing capacity back online with the aid of government stimuli.
  • The paper and board packaging category currently accounts for the largest share in the overall packaging industry, valued at US$33.91 billion in 2011.
  • PET packaging accounts for the largest share of China's non-alcoholic beverage market.


Containers & Packaging in Japan

A report from  Research and Markets, Containers & Packaging in Japan, offers the following highlights for non-transportation packaging made of paper, plastic, metal and glass. The market is valued at manufacturers' selling prices (MSP), while market volumes represent consumption.

The Japanese containers & packaging market had total revenue of $43,032.8 million in 2010, representing a compound annual rate of change (CARC) of -2.7% between 2006 and 2010.

Market consumption volumes stagnated between 2006-2010, to remain at 21.2 million units (2010).

The performance of the market is forecast to accelerate, with an anticipated compound annual growth rate (CAGR) of 1.4% for the five-year period 2010-2015, which is expected to drive the market to a value of $46,217.3 million by the end of 2015.

Did you enjoy this article? Click here to subscribe to Food and Beverage Packaging

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Beverage Breakthroughs of the Year

Beverage packaging innovations huff, puff and blow traditional packaging down.

Food and Beverage Packaging

FBP October 2014 cover

2014 October

Check out the October 2014 issue of Food & Beverage Packaging, with a special PACK EXPO preview, and much more!

Table Of Contents Subscribe

Packaging Innovation

Which segment do you see the most innovation in packaging?
View Results Poll Archive

The Food and Beverage Packaging Store

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\FBP\modified-atmosphere.gif
Modified Atmosphere and Active Packaging Technologies

Many factors are relevant in making the proper choice of food packaging material, including those related to shelf life and biodegradability.

More Products

FBP Buyer's Guide

2013 FBP Buyers Guide

 

 

Food and Beverage Packaging's Buyer's Guide provides a list of suppliers of food and beverage packaging solutions. 

STAY CONNECTED

 Facebook iconTwitter iconYoutube icon LinkedIn icong+icon

Clear Seas Research

CS-OflRGBhomepage.jpgWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.