Japan PET (Resin) Market was valued at USD 3.9 Billion in 2022 and is projected to reach USD 5.3 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030.
The Japan PET (Resin) market is categorized by various applications, reflecting the material’s versatility and wide-ranging use across different sectors. One major application is the beverage industry, where PET is predominantly utilized for manufacturing bottles and containers. This sector benefits from PET’s excellent clarity, lightweight nature, and strong barrier properties, making it ideal for packaging carbonated drinks, water, and juices. The growth in the beverage industry, driven by consumer preferences for convenient and sustainable packaging solutions, significantly impacts the demand for PET resin in Japan. With increasing health consciousness and on-the-go consumption trends, the beverage sector continues to be a significant driver of PET resin consumption.
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Indorama Ventures (Thailand)
M&G Chemicals (Luxembourg)
Jiangsu Sanfangxiang (China)
Far Eastern New Century (Taiwan)
Alpex (Mexico)
BASF (Germany)
Toray Industries (Japan)
DSM (Netherlands)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan PET (Resin) Market
Automotive
Electrical & Electronics
Consumer Goods
Industrial
Others
Based on Types the Market is categorized into Below types that held the largest PET (Resin) market share In 2023.
Bottles
Films/Sheets
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan PET (Resin) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan PET (Resin) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan PET (Resin) Market, By Type
6. Japan PET (Resin) Market, By Application
7. Japan PET (Resin) Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan PET (Resin) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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