- CAGR (2023 to 2033)
- 6.20%
Intermediate Bulk Container (IBC) Market Size and Share Forecast Outlook in Japan (2023 to 2033)
In the current year, 2023, the total revenue generated by intermediate bulk container (IBC) suppliers operating in Japan is likely to reach USD 927.2 million. From 2023 to 2033, the regional demand for intermediate bulk containers is projected to develop at a CAGR of 6.20%.
By the conclusion of this projected time period, the total demand for IBCs in Japan, in terms of value, is estimated to surpass USD 1,687.0 million.
| Attributes | Details |
|---|---|
| Industry size of Japan in 2023 | USD 927.2 million |
| Expected Industry Size of Japan by 2033 | USD 1,687.0 million |
| Forecasted CAGR between 2023 to 2033 | 6.20% |
Key Insights on the Intermediate Bulk Container (IBC) Market in Japan
- During the assessment period from 2018 to 2022, the sales of intermediate bulk containers grew at a compound annual growth rate of 2.30%.
- The net revenue generated by sales of intermediate bulk containers in Japan was valued at USD 874.3 million in 2022.
- A rise in the import and export of several essential commodities from Japan on a global scale with evolving geopolitical trade relations.
Top Trends Influencing the Demand for Intermediate Bulk Containers (IBC) in Japan
Sustainability Soars in Japan with IBCs: The popularity of IBC in Japan is growing as an industrial-grade, reusable, sustainable container that can be easily moved with a pallet jack or forklift. The emphasis on sustainable development and the implementation of strict environmental regulations have resulted in higher adoption of reusable packaging solutions worldwide.
Compact IBCs Transforming Retail Spaces: The domestic demand for intermediate bulk containers in Japan is booming with the growing adoption of compact packaging solutions in retail and commercial sectors. Given the higher emphasis of businesses in Japan on efficient space management, the demand for intermediate bulk containers has remained lucrative.
Agricultural Growth Fuels IBC Demand: With the proliferation of food and agricultural industries in Japan, intermediate bulk containers have gained widespread popularity as packaging options. On top of that, the federal effort to strengthen the agriculture sector in the hinterlands of Japan has boosted the demand for packaging solutions like IBCs.
Japan's Pharma Boom Benefits IBCs: The global demand for chemicals and pharmaceuticals manufactured in Japan has grown significantly in the recent past. This emerging sector is poised to create more opportunities for IBC manufacturers as the global demand for medicines and drugs is growing rapidly.
IBC Innovation Matches Marketing Trends: There is an emerging tendency for the creation of customized and specialized IBCs as packaging needs are getting more precise with evolving marketing strategies. Intermediate bulk container manufacturers have also shifted their focus to small-scale industries as e-commerce and direct-to-consumer distribution platforms are growing in Japan.
Category-wise Insights on IBC Demand in Japan
Demand for IBC in Japan for Solid and Semi-solid Content is Considerably Higher
Throughout the next ten years, the solid and semi-solid sector is predicted to rule the IBC business in Japan in terms of content type. As per our findings, this segment is likely to hold around 92.8% of the revenue share from sales of IBC in Japan in 2023.
Meanwhile, the liquid segment is predicted to garner more traction with growing sales of chemicals at retail stores over the projection period.
| Intermediate Bulk Container (IBC) in Japan based on Content Type | Solid & Semi-solid |
|---|---|
| Total Share (2023) | 92.8% |
The RIBC Segment Currently Holds Greater Share in Japan in Terms of Product Types
In 2023, the rigid intermediate bulk container segment is projected to hold around 75.0% of the regional sales by product type. Over the projected years, the rigid IBC segment is expected to provide an additional revenue potential worth USD 550 million in the country.
On the other hand, the flexible intermediate bulk container (FIBC) segment is expected to witness higher growth for its rising demand in the food and beverage sector.
| Intermediate Bulk Container (IBC) in Japan based on Product Type | Rigid Intermediate Bulk Container (RIBC) |
|---|---|
| Total Share (2023) | 75.0% |
Competitive Landscape of the IBC Market in Japan
The packaging sector of Japan has acquired recognition worldwide due to the successful use of advanced technologies and sustainable materials in its products. In fact, some of the globally leading manufacturers of IBC are based in Japan, making the overall industry fairly consolidated in the country.
The recent surge in demand for intermediate bulk containers is expected to further encourage the entry of new industry players that could intensify the competition. However, the presence of many multinational companies is anticipated to restrain the start-ups from scaling up their business in the short term.
Recent Developments in Intermediate Bulk Container (IBC) in Japan
- Mauser Packaging Solutions Inc. declared in March 2022 that their composite IBC made of post-consumer resin has received UN certification. The company aimed to extend its sales channel and strengthen its brand value worldwide after the product certification.
- According to Volza's statistics on imports into Japan, a total of 2,300 IBCs were imported from 64 Suppliers in June 2023. Japan's top three product categories for imports of intermediate bulk containers are with HSN Code: 63053290, HSN Code: 63053200, and HSN Code: 63053219.
Key Players in Japan Offering Intermediate Bulk Containers
- Itochu Corporation
- Sumitomo Corporation
- Marubeni Corporation
- Sojitz Corporation
- Mitsui & Co., Ltd.
- Tosoh Corporation
- Teijin Limited
- Sekisui Chemical Co., Ltd.
- Nippon Steel & Sumitomo Metal Corporation
- JFE Steel Corporation
- Kobe Steel, Ltd.
- Nissei Plastic Corporation
- Mauser Packaging Solutions
Scope of the IBC Industry Report for Japan
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | USD 927.2 million |
| Projected Industry Size by 2033 | USD 1,687.0 million |
| Anticipated CAGR between 2023 to 2033 | 6.20% CAGR |
| Historical Analysis of Demand for Intermediate Bulk Container (IBC) in Japan | 2018 to 2022 |
| Demand Forecast for Intermediate Bulk Container (IBC) in Japan | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Intermediate Bulk Container (IBC) in Japan, Insights on Global Players and their Industry Strategy in Japan , Ecosystem Analysis of Local and Japan Providers |
| Key Cities Analyzed | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
| Key Companies Profiled | Itochu Corporation; Sumitomo Corporation; Marubeni Corporation; Sojitz Corporation; Mitsui & Co., Ltd.; Tosoh Corporation; Teijin Limited; Sekisui Chemical Co., Ltd.; Nippon Steel & Sumitomo Metal Corporation; JFE Steel Corporation; Kobe Steel, Ltd.; Nissei Plastic Corporation; Mauser Packaging Solutions |
Key Segments in the Intermediate Bulk Container Market in Japan
By Product Type:
- RIBC
- Metal
- Paperboard
- Plastic
- Composite
- FIBC
- Flexitanks
- Bags
By Material Type:
- Metal & Paperboard
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
By Content Type:
- Liquid
- Solid & Semi-Solids
By Capacity Type:
- RIBC
- Up to 1,000 L
- 1,000 to1,500 L
- Above 1,500 L
- FIBC
- Up to 500 KG
- 501 to 1,000 KG
- 1,001 to 1,500 KG
- Above 1,500 KG
By End Use Verticals:
- RIBC
- Chemicals
- Petroleum & Lubricants
- Paints, Inks & Dyes
- Food & Beverage
- Cosmetic & Personal
- Healthcare & Pharmaceuticals
- Others
- FIBC
- Chemicals & Fertilizers
- Food & Agriculture
- Building & Construction
- Healthcare & Pharmaceuticals
- Mining
- Others
By Cities/Provinces:
- Kanto
- Chubu
- Kinki
- Kyushu & Okinawa
- Tohoku
- Rest of Japan
Frequently Asked Questions
What is the Anticipated Growth Rate for Intermediate Bulk Container (IBC) Industry in Japan?
The anticipated CAGR for intermediate bulk container industry in Japan through 2033 is 6.20%.
How big will the Intermediate Bulk Container (IBC) Business in Japan?
Demand for intermediate bulk containers in Japan is likely to reach USD 1,687.0 million by 2033.
How Intermediate Bulk Container (IBC) in Japan are Driving Business?
Intermediate bulk container manufacturers in Japan are targeting drug industries to boost sales.
Which Product Type Dominates the IBC Industry in Japan?
The rigid IBC is the leading product segment with three-forth revenue share in 2023.
Which Content Type Creates Maximum Demand for Intermediate Bulk Container in Japan?
Intermediate bulk containers for solid & semi-solid content creates 92.8% demand in Japan.
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Get PDFTable of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
- 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
- 5.1. RIBC
- 5.2. FIBC
- 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material Type
- 6.1. Metal & Paperboard
- 6.2. Plastic
- 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Content
- 7.1. Liquid
- 7.2. Solid & Semi-solid
- 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Capacity
- 8.1. RIBC
- 8.2. FIBC
- 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
- 9.1. RIBC
- 9.2. FIBC
- 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
- 10.1. Kanto
- 10.2. Chubu
- 10.3. Kinki
- 10.4. Kyushu & Okinawa
- 10.5. Tohoku
- 10.6. Rest of Japan
- 11. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 12. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 13. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 14. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 15. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 16. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Nihon Matai group
- 18.2. Taiyo Kogyo Corporation
- 18.3. Kohsei co. Ltd.
- 18.4. THIELMANN
- 18.5. Jaliyana Equipment
- 18.6. SIA Flexitanks Limited
- 18.7. Intertape Polymer Group
- 18.8. Conitex Sonoco
- 18.9. Rishi FIBC Solutions PVT. LTD.
- 18.10. Nier Systems Inc.
- 18.11. Composite Containers LLC
- 18.12. Bulk Pack Inc.
- 18.13. JohnPac LLC
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
