Japan Blow Molded Plastics Market Size & Outlook, 2023-2030
- Plastics Polymers & Resins
- Processed Plastics
- Blow Molded Plastics Market Outlook
- Processed Plastics
Japan Blow Molded Plastics Market, 2018-2030 (US$M)
Global Market
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Japan blow molded plastics market highlights
- The Japan blow molded plastics market generated a revenue of USD 5,436.7 million in 2023 and is expected to reach USD 8,324.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, injection blow molding was the largest revenue generating technology in 2023.
- Injection blow molding is the most lucrative technology segment registering the fastest growth during the forecast period.
Blow molded plastics market data book summary
| Market revenue in 2023 | USD 5,436.7 million |
| Market revenue in 2030 | USD 8,324.3 million |
| Growth rate | 6.3% (CAGR from 2024 to 2030) |
| Largest segment | Injection blow molding |
| Fastest growing segment | Injection blow molding |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extrusion blow molding, Injection blow molding, Strech blow molding, Compound Blow Molding |
| Key market players worldwide | Gemini Group Global Corp, Exxon Mobil Corp, LyondellBasell Industries NV Class A, INEOS, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, Dow Inc, Comar |
Other key industry trends
- In terms of revenue, Japan accounted for 6.8% of the global blow molded plastics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China blow molded plastics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 18,944.2 million by 2030.
Japan is the third-largest economy globally by nominal GDP and fourth largest by purchasing power parity. It is the second-largest developed economy in Asia Pacific, with high GDP per capita, 100% urbanization rate, high disposable income, and strong manufacturing sector. The country has a huge demand for plastics owing to established production, trade, and industrial ecosphere.
Despite four years of economic stimulus in the past, Japan's economy has grown at a nominal rate, which shows a good sign for the plastic manufacturers. A weak currency makes the exports competitive, which further aids the growth of automotive and robotics industries.
Japan is a major producer and exporter of electronics, semiconductors, optical instruments, and hybrid vehicles. Blow molded plastics are used in almost all major industries in Japan and their demand is expected to grow over the forecast period.
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Publish Date: Mar 17, 2025
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Blow Molded Plastics Market Scope
Blow Molded Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dow Inc | View profile | 35,900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | www.dow.com |
| LyondellBasell Industries NV Class A | View profile | 20,000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | www.lyondellbasell.com |
| Exxon Mobil Corp | View profile | 61,500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | www.exxonmobil.com |
| Berry Global Group Inc | View profile | 44,000 | 101 Oakley Street, Evansville, IN, United States, 47710 | www.berryglobal.com |
| Comar | View profile | 251-500 | Voorhees, New Jersey, United States, North America | www.comar.com |
| Magna International Inc | View profile | 179,000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | www.magna.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | www.ineos.com/ |
| IAC Inc Ordinary Shares - New | View profile | 9,500 | 555 West 18th Street, New York, NY, United States, 10011 | www.iac.com |
| Gemini Group Global Corp | View profile | 4 | 1708 E Altheimer Road, Richmond Hill, ON, Canada | www.geminigrpglobalcorp.com |
Japan Blow Molded Plastics Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Blow Molded Plastics Market Outlook will help companies and investors design strategic landscapes.
Injection Blow Molding was the largest segment with a revenue share of 34.95% in 2023.
Horizon Databook has segmented the Japan blow molded plastics market based on extrusion blow molding, injection blow molding, strech blow molding, compound blow molding covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is the third-largest economy globally by nominal GDP and fourth largest by purchasing power parity. It is the second-largest developed economy in Asia Pacific, with high GDP per capita, 100% urbanization rate, high disposable income, and strong manufacturing sector. The country has a huge demand for plastics owing to established production, trade, and industrial ecosphere.
Despite four years of economic stimulus in the past, Japan's economy has grown at a nominal rate, which shows a good sign for the plastic manufacturers. A weak currency makes the exports competitive, which further aids the growth of automotive and robotics industries.
Japan is a major producer and exporter of electronics, semiconductors, optical instruments, and hybrid vehicles. Blow molded plastics are used in almost all major industries in Japan and their demand is expected to grow over the forecast period.
- Japan Blow Molded Plastics Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Extrusion blow molding
- Injection blow molding
- Strech blow molding
- Compound Blow Molding
- Japan Blow Molded Plastics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Polyethylene (PE)
- Polystyrene (PS)
- Polyinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Polyamide (PA)
- Other Products
- Japan Blow Molded Plastics Market Application Outlook (Revenue, USD Million , 2018-2030)
- Packaging
- Consumables & Electronics
- Automotive & Transport
- Building & Construction
- Medical
- Other Applications
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Blow Molded Plastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Blow Molded Plastics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Blow Molded Plastics Market, 2018-2030 (US$M)
Japan blow molded plastics market statistics, by technology, 2018-2030 (US$M)
