The Japanese market for waste or scrap of unbleached kraft or paperboard has experienced a fluctuating trend from 2013 to 2023, reaching $6.66 per capita in 2023. From 2021 to 2023, the market saw a decline, with a year-on-year decrease of 3.1% in 2022 and 3.2% in 2023. Over the last five years, the market exhibited a negative CAGR of approximately -2.8%, indicating a gradual decrease in value per capita. This decline reflects broader environmental policies and shifts towards digitalization and reduced paper wastage.
Future trends to watch for include:
- An increased emphasis on recycling innovation.
- Potential policy changes to support sustainable practices.
- Technological advancements that may alter market dynamics.