In 2023, Japan imported approximately 690 thousand kilograms of machines used for making paper and board boxes, not including moulded ones. The forecast from 2024 shows a steady annual increase in imports, with a notable rising trend from 712.15 in 2024 to 805.82 thousand kilograms by 2028. An estimated year-on-year growth in import volume stands at around 3% to 3.5%. The five-year CAGR for this period is expected to align closely with these annual increases, reinforcing a consistent upward trend.
Future trends to watch for include:
- Technological advancements in machinery requiring further imports.
- Environmental regulations potentially driving demand for innovative, sustainable packaging solutions.
- Shifts in global supply chain dynamics that might impact Japan's reliance on foreign machinery for box manufacturing.
