Demand Forecast for Pallet Wrap in Japan, by Polyethylene and Polypropylene Pallet Wrap, 2024 to 2034
Increasing Demand for Efficient and Secure Cargo Packaging Solutions in the Logistics and Transportation Sector Drives the Demand for Pallet Wrap in Japan
A Complete Study of Pallet Wrap Industry in Japan from (2024 to 2034)
Demand for pallet wrap in Japan is anticipated to exhibit a CAGR of 2.6% through 2034. The pallet wrap sales outlook is expected to grow considerably, from US$ 146.9 million in 2024 to around US$ 189.1 million by 2034.
Attributes
Key Statistics
Expected Base Year Value (2024)
US$ 146.9 million
Anticipated Forecast Value (2034)
US$ 189.1 million
Estimated Growth (2024 to 2034)
2.6% CAGR
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Key Highlights
Thriving Supply Chain Management Industry boosts the Demand for Pallet Wrap in Japan
Japan is home to one of the world’s highly advanced manufacturing sectors, and there is always a requirement for efficient packaging solutions in these industries. Pallet wrap not only safeguard goods during transit but also contribute to the seamless stacking and handling of pallets in the final stages of the manufacturing and packaging processes. The surge in the demand for pallet wrap can be attributed to the nation's meticulous focus on efficiency and precision in supply chain management.
The rapid growth of the eCommerce sector and consumers' preference for last-mile delivery services have collectively driven the growth of pallet wrap industry in Japan. Secure and reliable packaging solutions have become paramount in the past few years. As consumers in Japan increasingly opt for online shopping, the pallet wrap industry is very likely to experience a surge in the coming years.
Consumption Analysis of Pallet Wrap in Japan
The manufacturing sector in Japan is a significant consumer of pallet wrap. Industries such as automotive, electronics, and machinery rely on efficient packaging solutions to protect and organize goods during transit and within the warehouse.
Logistics and warehousing companies in Japan also constitute one of the significant contributors to the growth of the pallet wrap industry. They use pallet wrap to secure and streamline the handling of goods during storage and transportation.
Pallet wrap also plays a crucial role in the supermarkets and retail industry. These facilities utilize pallet wrap for the safe and organized transport of goods from distribution centers to retail outlets and supermarkets.
With the rapid growth of the eCommerce sector in Japan, online retailers and platforms use pallet wrap for the secure packaging of goods.
Industries involved in construction and the supply of building materials also use pallet wrap to secure and protect items such as tiles, pipes, and construction materials during transit and storage.
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Comparative View of Pallet Wrap in Key Markets
The table provides differences in the pallet wrap industry between Japan, Korea, and the global industry. It also mentions the estimated growth rates of the respective industries, their growth factors, and critical challenges in the forecast period from 2024 to 2034. It is evident that, compared with Japan and the rest of the world, the demand for pallet wrap is likely to rise in Korea in the coming decade. However, Japan is expected to acquire a considerable share of the global market valuation.
Demand for Bubble Pallet Wrap in Japan:
Attributes
Demand for Bubble Pallet Wrap in Japan
CAGR (2024 to 2034)
2.6%
Valuation (2024)
US$ 146.9 million
Growth Factor
The booming eCommerce industry post-pandemic
Key Challenge
Concerns arise over sustainability of plastic in pallet wrap
Demand for Pallet Wrap in Korea:
Attributes
Demand for Pallet Wrap in Korea
CAGR (2024 to 2034)
3.2%
Valuation (2024)
US$ 55.8 million
Growth Factor
The growing real estate and construction businesses in Korea
Globalization boosts reliance on pallet wrap for cross-border shipments
Key Challenge
Adhering to government regulations in certain countries
Category-wise Insights
Machine Rolls in Pallet Wrap retains its Popularity in Japan’s Industrial Sector
On the basis of product type, the machine rolls segment is projected to dominate the pallet wrap industry with a revenue share of 59.70%. Machine rolls in pallet wrap have gained popularity across industries in Japan due to their efficiency in packaging. Their demand in Japan’s industrial sector is gaining momentum as machine rolls offer a streamlined and automated solution in the final stages of packaging and logistics.
Another key reason machine rolls in the pallet wrap industry are preferred substantially in Japan’s marketplace is their cost-effectiveness. The automated application reduces material waste, optimizing each wrap efficiently.
Attributes
Details
Product Type
Machine Rolls
Value Share
59.70%
The Food and Beverage Industry Elevates the Sales of Pallet Wrap in Japan
Based on end users, the pallet wrap industry is segmented into food and beverage, manufacturing, eCommerce, etc., where the food and beverage industry is anticipated to heavily dominate the industry in Japan, with a revenue share of 39.80%. The demand for pallet wrap in Japan’s industrial outlook is experiencing noticeable growth as they act as a shield, ensuring that food products, whether fresh produce or packaged goods, remain protected from contaminants during their journey through the supply chain.
Pallet wrap provide secure and stable protection to palletized shipments, preventing damage and spoilage during transportation and storage. The convenience of pallet wrap in preserving the freshness and quality of food products has led to their widespread adoption in the industry. As the demand for diverse and high-quality food and beverage products continues to rise in Japan, so does the need for effective packaging solutions, further fueling the sales of pallet wrap.
Attributes
Details
End User
Food and Beverage
Value Share
39.80%
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Competitive Landscape
The pallet wrap industry in Japan is populated with numerous players who have a loyal consumer base in the country’s manufacturing sector. With the rise in the country’s adoption of online shopping and its reliance on last-mile delivery services, there is an excellent demand for pallet wrap. These players not only cater to domestic consumers but also have a strong presence in the international market as well.
Recent Developments in Pallet Wrap in Japan:
In 2023, the Japan-based company Dai Nippon Printing developed a new stretch film formulation that is more durable and resistant to tearing. This new film is being used by a number of Japan-based companies, including Toyota and Honda.
In 2022, the Japan-based company Murata Machinery developed a new pallet wrapping robot that can wrap pallets up to 10 times faster than manual wrapping. This new robot is being used by a number of Japan’s businesses, including Amazon and Rakuten.
In 2021, the Japan-based company Nitto Denko developed a new IoT sensor that can be attached to pallet wrap to track and monitor pallets in real time. This new sensor is being used by a number of businesses in Japan, including Kuehne + Nagel and Nippon Express.
Some of the Key Players Offering Pallet Wrap in Japan
Dai Nippon Printing (DNP)
Murata Machinery
Nitto
Denko
Sumitomo Chemical
TOYOSEI
Intertape Polymer Group Inc.
Berry Global Inc.
Scientex Berhad
Aep Industries Inc.
Sigma Stretch Film Corp.
Coveris
Scope of the Report
Attribute
Details
Estimated Valuation (2024)
US$ 146.9 million
Projected Valuation (2034)
US$ 189.1 million
Anticipated CAGR (2024 to 2034)
2.6% CAGR
Historical Analysis of the Pallet Wrap in Japan
2019 to 2023
Demand Forecast the Pallet Wrap in Japan
2024 to 2034
Quantitative Units
Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Cities Analyzed
Kanto
Chubu
Kinki
Kyushu & Okinawa
Tohoku
Rest of Japan
Key Companies Profiled
Dai Nippon Printing (DNP) Murata Machinery Nitto Denko Sumitomo Chemical TOYOSEI Intertape Polymer Group Inc. Berry Global Inc. Scientex Berhad Aep Industries Inc. Sigma Stretch Film Corp. Coveris
Key Segments
By Thickness:
<15 mm
15-30 mm
31-45 mm
45 mm
By Product:
Hand Wrap Rolls
Machine Rolls
By Film:
Blown Film
Cast Film
By Material:
Polyethylene
LLDPE
LDPE
HDPE
Polypropylene
Polyethylene Terephthalate
Polyamide
PVdC
By End Use:
Food & Beverages
Pharmaceuticals
Chemicals & Fertilizers
Personal Care & Cosmetics
Consumer Goods
Automotive
Electrical & Electronics
By City:
Kanto
Chubu
Kinki
Kyushu & Okinawa
Tohoku
Rest of Japan
Frequently Asked Questions
At What Rate is the Pallet Wrap Industry Growing in Japan?
The anticipated CAGR for the Japan pallet wrap industry through 2034 is 2.6%.
How Big will the Pallet Wrap Landscape be in Japan?
Demand for pallet wrap in Japan is likely to reach US$ 189.1 million by 2034.
Which is the Preferred Product Type for Pallet Wrap in Japan?
Machine rolls are commonly preferred as pallet wrap in Japan.
Which Industry is the Common End User of Pallet Wrap in Japan?
In Japan, the food and beverage industry dominates the pallet wrap landscape.
What Factor is Driving the Growth of the Industry for Pallet Wrap in Japan?
The rise in the adoption of online shopping methods among the population has driven the demand for pallet wrap in Japan.
Table of Content
1. Executive Summary
1.1. Japan Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Thickness
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Thickness, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Thickness, 2024 to 2034
5.3.1. < 15 mm
5.3.2. 15 - 30 mm
5.3.3. 30 - 45 mm
5.3.4. > 45 mm
5.4. Y-o-Y Growth Trend Analysis By Thickness, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Thickness, 2024 to 2034
6. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Type, 2024 to 2034
6.3.1. Hand Wrap Rolls
6.3.2. Machine Rolls
6.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
7. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Material Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Material Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Material Type, 2024 to 2034
7.3.1. Polyethylene
7.3.1.1. LLDPE
7.3.1.2. LDPE
7.3.1.3. HDPE
7.3.2. Polypropylene
7.3.3. PET
7.3.4. Polyamide
7.3.5. PVDC
7.4. Y-o-Y Growth Trend Analysis By Material Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Material Type, 2024 to 2034
8. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Film Type
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Film Type, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Film Type, 2024 to 2034
8.3.1. Blown Film
8.3.2. Cast Film
8.4. Y-o-Y Growth Trend Analysis By Film Type, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Film Type, 2024 to 2034
9. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End Use
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019 to 2023
9.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024 to 2034
9.3.1. Food & Beverages
9.3.2. Pharmaceuticals
9.3.3. Chemicals & Fertilizers
9.3.4. Personal Care & Cosmetics
9.3.5. Consumer Good
9.3.6. Automotive
9.3.7. Electrical & Electronics
9.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023
9.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
10. Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023
10.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034
10.3.1. Kanto
10.3.2. Chubu
10.3.3. Kinki
10.3.4. Kyushu & Okinawa
10.3.5. Tohoku
10.3.6. Rest of Japan
10.4. Market Attractiveness Analysis By Region
11. Kanto Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Thickness
11.2.2. By Product Type
11.2.3. By Material Type
11.2.4. By Film Type
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Thickness
11.3.2. By Product Type
11.3.3. By Material Type
11.3.4. By Film Type
11.3.5. By End Use
11.4. Key Takeaways
12. Chubu Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Thickness
12.2.2. By Product Type
12.2.3. By Material Type
12.2.4. By Film Type
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Thickness
12.3.2. By Product Type
12.3.3. By Material Type
12.3.4. By Film Type
12.3.5. By End Use
12.4. Key Takeaways
13. Kinki Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Thickness
13.2.2. By Product Type
13.2.3. By Material Type
13.2.4. By Film Type
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Thickness
13.3.2. By Product Type
13.3.3. By Material Type
13.3.4. By Film Type
13.3.5. By End Use
13.4. Key Takeaways
14. Kyushu & Okinawa Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Thickness
14.2.2. By Product Type
14.2.3. By Material Type
14.2.4. By Film Type
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Thickness
14.3.2. By Product Type
14.3.3. By Material Type
14.3.4. By Film Type
14.3.5. By End Use
14.4. Key Takeaways
15. Tohoku Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Thickness
15.2.2. By Product Type
15.2.3. By Material Type
15.2.4. By Film Type
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Thickness
15.3.2. By Product Type
15.3.3. By Material Type
15.3.4. By Film Type
15.3.5. By End Use
15.4. Key Takeaways
16. Rest of Japan Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034
16.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Thickness
16.2.2. By Product Type
16.2.3. By Material Type
16.2.4. By Film Type
16.2.5. By End Use
16.3. Market Attractiveness Analysis
16.3.1. By Thickness
16.3.2. By Product Type
16.3.3. By Material Type
16.3.4. By Film Type
16.3.5. By End Use
16.4. Key Takeaways
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Thickness
17.3.3. By Product Type
17.3.4. By Material Type
17.3.5. By Film Type
17.3.6. By End Use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Intertape Polymer Group Inc.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Berry Global Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Scientex Berhad
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Aep Industries Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Sigma Stretch Film Corp.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Coveris
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Rosenflex (Value (US$ Million) & Volume (Tons)ed Kingdom) Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Polifilm GmbH
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Anchor Packaging Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Paragon Films Inc.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used20. Research Methodology
