In 2023, Japan's import of sacks and bags with a base width of 40 cm or more stood at approximately 9.6 million kilograms. The forecast from 2024 to 2028 shows a steady annual increase, with a compound annual growth rate estimated around 0.5%. Such consistent growth signifies a stable market demand, reflecting incremental increases each year. Year-on-year growth varies slightly but remains under 1%, suggesting restrained but consistent expansion in volume.
Future trends to watch for:
- Sustainability and eco-friendly materials could influence import demand.
- Potential for increased local production impacting import volumes.
- Trade policy changes and tariff impacts in Asia-Pacific region.
