In 2023, Japan imported 188 million kilograms of non-reinforced polyethylene terephthalate sheets or films. Forecasts indicate a gradual increase over the next five years, with projected imports reaching 211.7 million kilograms by 2028. Year-on-year growth is consistently around 2.5%, with a compound annual growth rate (CAGR) of approximately 2.4% from 2024 to 2028. This steady rise indicates a stable demand for these materials in Japan's market.
Future trends to watch for:
- Potential shifts in global trade policies impacting import tariffs and costs.
- Advancements in recycling technology affecting domestic production and imports.
- Emergence of alternative materials due to environmental concerns.
