The demand for food cling film in Japan is anticipated to steadily increase, with the top 5 companies in the sector projected to collectively hold a market share of approximately 20% to 25% by the close of 2023.
The Japan food cling film market is positioned to achieve a market valuation of US$ 29.6 million in the year 2023. Over the following decade, sales of food cling film in Japan are expected to experience a significant surge, manifesting as a Compound Annual Growth Rate (CAGR) of 3.8%. By the culmination of 2033, the Japan food cling film industry is projected to reach an estimated US$ 43.0 million.
One of the pivotal factors propelling the Japan food cling film market is the escalating demand for flexibility and convenience, spanning various end-use sectors. According to Future Market Insights (FMI), the Japan market for food cling films is poised to expand to 1.5 times its current market value over the projection period.
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Market Trends
Increasing Emphasis on Premium Food-Grade Packaging Drives Surge in Food Cling Film Sales Across Japan
Escalating Preference for Convenient and Processed Foods Propels Growth in Japan’s Food Cling Film Sector
Surging Trend Towards Flexible Packaging Films, Particularly those Utilizing Modified Atmosphere Packaging (MAP), Elevates Market Prospects in Japan
Rising Adoption of Environmentally Friendly and Biodegradable Variants Enhances the Momentum of the Food Cling Film Market in Japan
Key Growth Factors
Japan, in particular, has taken significant steps to address the issue of plastic waste. The government has introduced measures to curtail the generation of plastic waste, including the prohibition of single-use plastic bags in supermarkets and convenience stores. This proactive approach is expected to stimulate a surge in demand for eco-friendly alternatives, such as eco-friendly food cling films, in the Japanese market.
Government policies and initiatives designed to reduce plastic waste and promote sustainability have become key drivers for the demand for eco-friendly packaging, transforming the landscape of the packaging industry.
In response to these policies and the growing emphasis on sustainability, manufacturers are innovating by producing compostable and biodegradable cling films crafted from materials like corn flour, polylactic acid (PLA), or cellulose. These eco-friendly cling films offer similar functions as traditional options, such as food protection and preservation, but with a significantly reduced environmental impact. The market is witnessing a shift towards these sustainable alternatives as both government regulations and consumer preferences favor more eco-conscious packaging solutions.
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Market Drivers
- Convenience and Hygiene: Food cling film offers convenience in food storage, preservation, and protection, maintaining the freshness and hygiene of food. Consumers increasingly prioritize these aspects, driving the demand for food cling film.
- Food Safety: Ensuring the safety of food products is a paramount concern. Cling film acts as a barrier against contamination and external elements, bolstering food safety, which is a key driver of its use.
- Shift in Food Consumption Patterns: Changing lifestyles and food consumption patterns have led to an increased need for food preservation and on-the-go meals. Food cling film provides a practical solution for these changing habits.
- Eco-Friendly Options: The availability of eco-friendly food cling film made from biodegradable materials aligns with the growing environmental consciousness of consumers, further boosting its demand.
- Packaging Innovation: Ongoing innovations in food cling film, including features such as improved sealability, microwave compatibility, and transparency, make it a versatile and essential packaging material.
- Wide Range of End Uses: Food cling film is used not only for food storage but also for packaging food products in supermarkets and other foodservice establishments, adding to its versatility and demand.
- Emerging Trends: Emerging trends in the food industry, such as meal prep, takeout, and online food delivery services, drive the need for effective food cling film for packaging and preserving food.
Key Market Players
- Mitsubishi Chemical Holdings Corp
- BENKAI Co., Ltd.
- Nan Ya Plastics Corporation
- Dalian Samyoung Chemical Co., Ltd
- Anhui Jumei Biological Technology Co., Ltd
- Shin-Etsu Polymer Co., Ltd.
- Kureha Corporation
- Riken Technos Corp
- Asahi Kasei Group
- KOHJIN Film & Chemicals
- Jiangyin Centry Plastic Products Co., Ltd.
- LongYouRu packing Co., Ltd.
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Segments Covered
- Material
- Thickness
- Product
- Sales Channel
- End Use
- Country
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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