Japan Pizza Box Market Outlook (2018 to 2032)
Synopsis
The above chart is Japan Pizza Box Market Outlook (2018 to 2032)
Market Dynamics
Japan’s pizza boxes market is expected to flourish in the coming years, owing to the increasing demand for convenience food from the japanese populace. according to statistics, the pizza consumption has experienced an 8% annual growth from 2017 to 2022. this has provided a strong support to the overall demand for pizza boxes in the country due to the rising consumption of ready-to-eat pizzas. major factors driving the growth of the pizza boxes market in japan are attributed to the rise in the disposable income of the people, particularly the youth and young adults. they are more willing to spend money on takeaway pizzas due to its fast food convenience, quality, and affordable prices. moreover, the innovation in pizza boxes packaging and introduction of specialty boxes to protect the pizza from getting soggy during transportation have added to the supply of the product. additionally, the pizza boxes being available in multiple sizes, accordingly cater the customer base of restaurant chains, pizza parlors etc. furthermore, the regional pizza brand in japan have also broadened their consumer base by introducing pizza boxes. the pizza boxes market in japan is driven by the demand from restaurants, supermarkets, convenience stores, home delivery services etc. currently, the paperboard boxes and corrugated boxes account for the majority of the market in japan. this segment is expected to witness a healthy cagr over the forecast period of 2018-2022. this is attributable to the biodegradability of these boxes and their advantages over their plastic counterparts. as the awareness of the environmental effects of plastic products gaining attention, japan is replacing the plastic pizza boxes with cardboard ones. moreover, some manufacturers are also incorporating bamboo fibre, corn starch, potato starch into the pizza boxes which would further propel the growth of the cardboard pizza boxes segment. overall, with the changing consumer preferences, the pizza boxes market in japan is anticipated to witness healthy growth over the forecast period of 2018-2032.