Japan Recycled Plastic Market

Japan Recycled Plastic Market Size Insights Forecasts to 2035

• The Japan Recycled Plastic Market Size Was Estimated at USD 3167.9 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 8.63% from 2025 to 2035
• The Japan Recycled Plastic Market Size is Expected to Reach USD 7875.4 Million by 2035

According to a Research Report Published by Decisions Advisors & Consulting, The Japan Recycled Plastic Market Size is anticipated to Reach USD 7875.4 Million by 2035, Growing at a CAGR of 8.63% from 2025 to 2035. The Japan Recycled Plastic Market is growing due to increased demand from consumers for sustainably produced items and the ever-increasing interest and investment of companies in creating eco-friendly products, coupled with the rise of new technologies to recycle chemically.

Market Overview

The Japanese recycled plastic market involves collecting, refining, and utilizing discarded plastic, including PET, PP, and HDPE, as new materials are all part of Japan’s recycled plastics industry. government regulation of plastics, such as the plastic resource circulation act and consumer demand for circularity, combined with rapidly growing sectors like packaging, automotive, and textiles, are the forces behind Japan's leadership position as the most efficient end user of advanced technology in recovering feedstock for recycling and achieving some of the highest overall recycling rates among countries. Trends in the advanced recycling of larger quantities of plastic that cannot be easily recycled, such as multilayer films and high-quality mechanical recycling for automotive and packaging applications, are focused mainly on PP (polypropylene) and PET (polyethylene terephthalate) plastics. Several significant trends have emerged from this area, including an overall increase in investment in innovative technologies, partnerships between industry players, auto manufacturers, chemical companies, etc., and government mandates regarding recycled content, making progress towards true circular economies.

Government regulations and circular-economy policies promote the use of recycled plastics, resource-efficient production, and plastic waste reduction, while rising environmental awareness among consumers and businesses drives demand for eco-friendly, recyclable, or recycled-content products.

Report Coverage

This research report categorizes the market for the Japan recycled plastic market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan recycled plastic market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan recycled plastic market.

Driving Factors

The Japanese recycled plastics market is expanding due to the government support of environmental policies such as extended producer responsibility (EPR) and single-use plastic reduction, as well as corporations pursuing sustainable practices in response to consumer interest in purchasing environmentally friendly products. The growing expense of virgin plastics, coupled with technological advancements in recycling, including chemical recycling, will also provide improved quality materials to the industry, supported by advanced sorting and decreasing landfill space. However, waste segregation and volatile pricing will continue to cause significant challenges.

Restraining Factor

The Japanese recycled plastics market is restrained by high-end applications, such as the automotive industry has been difficult due to what appears to be an overwhelming obstacle presented by a poor-quality product (downcycling), inconsistent price points between virgin plastic products vs. recycled plastic products, high costs of recycling plastic, and contamination caused by poor waste sorting practices.

Market Segmentation

The Japan recycled plastic market share is categorised by source and end use.

• The bottles segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan recycled plastic market is segmented by source into bottles, fibers, films, and foams. Among these, the bottles segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is driven by cost-effectiveness, lightweight nature, and convenience for consumers and manufacturers, alongside a rising demand for packaged beverages and ongoing packaging innovations, including the use of recycled materials. The continuous demand for bottled water, carbonated soft drinks, juices, and other ready-to-drink (RTD) beverages is a major catalyst for market expansion.  

• The packaging segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan recycled plastic market is segmented by end use into packaging, textiles, building & construction, automotive, and electrical & electronics. Among these, the packaging segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is driven by increasing demand for packaged goods due to changing consumer lifestyles, the booming e-commerce sector, and a strong push for sustainability and technological advancements. An expanding middle class with increasing purchasing power is fueling higher consumption of packaged and premium goods, further boosting market demand. 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan recycled plastic market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mitsubishi Chemical Group Corporation
• Mitsui Chemicals, Inc.
• Sumitomo Bakelite Co., Ltd.
• Toyo Seikan Group Holdings, Ltd.
• Rengo Co., Ltd.
• Toyobo Co., Ltd.
• Toppan Inc.
• Kaneka Corporation
• Dai Nippon Printing Co., Ltd.
• Envipro
• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

In June 2024, Kaneka Corporation announced that its Green Planet biopolymer was adopted by Suzuki Motor Corporation to package outboard motors using film for dust covers and foam for cushioning, marking a corporate shift toward bio-based packaging in non-food sectors.

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the Japan Recycled Plastic Market based on the below-mentioned segments:

Japan Recycled Plastic Market, By Source

• Bottles
• Fibers
• Films
• Foams

Japan Recycled Plastic Market, By End Use

• Packaging
• Textiles
• Building & Construction
• Automotive
• Electrical & Electronics

FAQs

Q. What is the estimated size of the Japan Recycled Plastic Market in 2024?

A: The Japan Recycled Plastic Market size was estimated at USD 3,167.9 million in 2024.

Q. What is the expected CAGR of the Japan Recycled Plastic Market from 2025 to 2035?

A: The market is expected to grow at a CAGR of 8.63% during 2025–2035.

Q. Which source segment accounted for the largest revenue share in 2024?

A: The bottles segment accounted for the largest revenue market share in 2024.

Q. Which end-use segment led the Japan Recycled Plastic Market in 2024?

A: The packaging segment accounted for the largest revenue share in 2024.

Q. What are the key factors driving growth in the Japan Recycled Plastic Market?

A: Growth is driven by government regulations, rising consumer demand for eco-friendly products, technological advancements in recycling, and corporate sustainability initiatives.