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Rigid plastics to drive Japan packaging market at 1.5% CAGR between 2021-26, predicts GlobalData

The Japanese packaging market is set to grow at a compound annual growth rate (CAGR) of 1.5% from 171.7 billion units in 2021 to 185.1 billion units in 2026. Riagid plastics, which accounted for the maximum share of 33.1% in 2021, will continue to dominate through the forecast period, according to GlobalData, a leading data and analytics company.


Prime Minister Kishida of Japan Outlines Vision for a New Form of Capitalism

Japan calls for a liberal democratic capitalism that balances growth and distribution
Transformation of Japan’s economy will be driven by digitization and investments in green technology and human capital
Japan’s borders to remain closed until the end of February; however, a zero-tolerance policy towards COVID-19 is not considered possible or appropriate

The Conference Board Leading Economic Index® (LEI) for Japan Declined in July 2015

The Conference Board Leading Economic Index® (LEI) for Japan declined 0.1 percent in July to 104.2 (2010 = 100), following a 0.8 percent increase in June, and a 0.1 percent increase in May.

At the same time, The Conference Board Coincident Economic Index® (CEI) for Japan, a measure of current economic activity, declined 0.1 percent in July to 98.4 (2010 = 100), following a 0.6 percent increase in June, and a 0.1 percent decline in May.


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