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The Japan recycled plastics market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Plastic recycling is the procedure of recovering and reprocessing scrap plastic materials into valuable products. Some of the common types of plastic include polyethylene terephthalate (PET), high-density polyethylene (HDPE), polypropylene (PP), and low-density polyethylene (LDPE). The waste majorly goes through five stages, namely, sorting, washing, shredding, identification and classification, and extruding. Products manufactured through plastic recycling are biodegradable and environment-friendly. Plastic recycling aids in reducing landfill dependence, conserving resources, lowering plastic pollution, and preventing greenhouse gas emissions.
Japan recycled plastics market is primarily being driven by rapid industrialization and shifting focus towards sustainability. Lower labor costs and increasing awareness regarding the eco-friendly benefits of recycling plastics are further contributing to the market growth. Additionally, the escalating demand for plastic material across the food and beverage (F&B), healthcare, and packaging industries is fueling the market growth. This can be attributed to the rising population, continuous product innovations, and inflating national income. Moreover, the Government of Japan (GoJ) is introducing numerous recycling programs and implementing policies for controlling waste production, encouraging reuse and recycling of scrap plastic. Apart from this, leading players are consistently investing in research and development (R&D) activities to enhance the quality performance of recycled plastic products, which is creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan recycled plastics market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on plastic type, raw material and application.
Breakup by Plastic Type:
Breakup by Raw Material:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Plastic Type, Raw Material, Application, Region|
|Region Covered||Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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