High performance packaging materials

Manufacturers

This report has compiled the thorough studies on the trend of domestic converters and packaging material manufacturers and their future business strategies and clarifies the status and future trends of the high-performance packaging material market through the research and analysis of domestic converters and packaging material manufacturers.

I    Perspectives and Strategies of High-Performance Packaging Materials Market

• "Overseas", "Value Added", and "Environmentally Friendly" are the key.
• Sustainable growth has been realized by the business development fully utilizing the strength in expanding market.
• 2023 saw unprecedented predicament.
• Sudden downturn after enjoying special demand amid the pandemic, declined sales due to sluggish general consumption, pressed revenues from soaring raw material and energy costs.
• Responding to environmental friendliness may become difficult due to "voluntary" restraint of operations amid the pandemic and increasing costs from repeated price rises. 
• Environmental-friendly packaging materials are expected to widespread after 2024 due to the end of the pandemic influence and price rises being subsided.
• Manufacturers are competing in developing packaging materials with higher barrier properties and mono-material base materials.
• Mainstream of recyclable films uses quality materials such as those derived from PET bottles
• Japanese manufacturers are armed with value-added products including transparent vapor-deposited films and other environmental-friendly products
• Domestic packaging material manufacturers have come to look more at overseas market.

II   Trends in Packaging Materials Market

1. Pouches
   1) Retort pouches
   2) Spouted pouches
2. High-Barrier Packaging Materials
   1) Transparent vapor-deposited films
   2) Aluminum vapor-deposited films
   3) EVOH-related films
   4) Co-extrusion multi-layered barrier films
3. Base Films
   1) OPP films
   2) PET films
   3) ONy films
4. Sealant Films
   1) L-LDPE films
   2) CPP films
   3) Easy-peel films
5. Shrink Films for Labeling

III   Perspectives and Strategies of Leading Packaging Materials Manufacturers

• Dai Nippon Printing Co., Ltd. (DNP)
• TOPPAN Inc.
• Sun A.Kaken Company,Limited
• TOYOBO CO., LTD.
• Mitsubishi Chemical Corporation
• RM TOHCELLO CO., LTD.
• ORAY ADVANCED FILM CO., LTD.
• REIKO Co., Ltd.
• UNITIKA LTD.
• FUTAMURA CHEMICAL CO.,LTD.
• KOHJIN Film & Chemicals Co., Ltd.
• Gunze Limited
• KURARAY CO.,LTD.
• DIC Corporation
• Nippon Paper Industries Co., Ltd.