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Thursday, September 18, 2014

Japan Packaging Industry Hits $60-billion In 2013

The Japanese packaging industry grew to ¥6.455-trillion (US$59.4-billion) in the financial year of 2013, with paper packaging products and pouch forming and filling machinery making up the majority of the packaging materials and equipment sector respectively.

In Fiscal Year 2013 (April 2013 to March 2014), Japan’s packaging industry grew by more than two per cent over the previous year to hit ¥6.049-trillion (US$59.4 billion) in value—representing 1.27 per cent of the national GDP.

Packaging materials and containers
Of the total, packaging materials and containers represented ¥5.608-trillion (US $51.596-billion), while packaging machinery contributed ¥441-billion (US $4.057-billion). By volume, 18.75-million tons of packaging materials and container were produced while 356,000 units of packaging machinery were manufactured.

Paper packaging products made up the majority of packaging materials and containers produced by both shipment value and volume at 41.8 percent and 62.5 percent respectively. This was followed by plastic packaging products which constituted 29.7 per cent of shipment value and 18.7 per cent of volume.

With a total volume of 1.62 million tonnes, metal packaging products returned a value of ¥9.4-billion (US $86.5-million), giving it a 17 percent market share. Other packaging materials such as seals, labels, tapes, textile products and cellophanes made up seven percent of total packaging value in 2013, or ¥3.8-billion (US $35-million).

Glass, always the poor relation, accounted for two per cent of the total material shipments valued at ¥1.24-billion (US $11.4-million). Wood, which is still significantly used in the packaging of more traditional products, performed better than glass with ¥1.39-billion (US $12.8-million), or 2.5 per cent of value.

Packaging machinery
Japan saw packaging machinery sales pick up over the past two years, up three per cent since the tsunami disaster of March 2011 to ¥441.4-billion (US $4-billion) in 2013.

Pouch forming and filling machines saw the highest demand with a total of 5,686 units delivered, representing a total of ¥60.5-billion (US $557-million). Meanwhile, bottling machinery gained the second highest value at ¥57.9-billion (US $533.1-million), with a total of 3,887 units.

Filling equipment also performed well with total installations of 3,075 units valued at ¥37.8-billion (US $348-million), while general container (non-pouch) form and filling equipment also performed well with sales of ¥13.3-billion (US $122.4-million).

However, canmaking equipment sales remained flat at ¥1.7 billion (US $15.65-million), with just 130 units installed.

For more information, visit www.tokyo-pack.jp/en/.

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Cheers,
Andrew Joseph

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