Japan Shredded Waste Market

Japan Shredded Waste Market Analysis by Shredder Type (Pre-Shredders, and Fine Shredders); by Waste Source (Households, and Industry); by Waste Composition (Municipal Solid Waste, Commercial & Industrial, Construction & Demolition Waste, Bulky Waste, Wood Waste, and Plastic Waste); and by End-Use Application (Landfills, Cement Plants, Materials Recovery/Recycling Facilities, Incineration Plants, RDF &RPF Plants, Waste to Energy Plants, and Others) – Global Supply & Demand Analysis & Opportunit

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Report ID: 4671 | Published On: Feb 06, 2023

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Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.


In The News

  • SSI Shredding Systems a U.S.-based company, announced the installation of shredding systems at a Kayama Kogyo Co. Ltd. plant in Toyokawa, Japan. In an effort to recover energy from waste that is challenging to recycle, a Japanese company is using a slow-speed, high-torque shredder made in the United States.

  •  Ryohshin Co. Ltd. Leading brand in waste management announced the collaboration with AMP Robotics Corp. a pioneer in artificial intelligence to cocreate an innovative robotic system that uses the AMP NeuronTM AI platform to control high-performance robots that can distinguish, filter, gather, and process construction and demolition waste for recycling.


Japan Shredded Waste Market Definition

Waste management includes gathering solid waste products, processing them, and getting rid of them. Shredding is a part of the waste management process, which involves breaking down of large waste material into small pieces. For breaking down the waste material, it requires a device called a shredder. It is a common misconception, that a shredder is just a device, which is used in offices for shredding paper. On contrary, the shredder is used for breaking down waste material, such as construction waste, plastic waste, pulp and paper waste, and huge industrial machinery as well. Furthermore, depending on the material being processed, there are various types of industrial shredders, including plain old paper shredders, chippers, hammer mills, grinders, and granulators.

It is advantageous to shred waste before sorting it for two reasons. It makes the garbage smaller, making transportation easier, but perhaps more crucially at a time when recycling as it makes easier the subsequent sorting process easier when sent for recycling

Its primary purpose is to minimize the size of a specific substance. Moreover, it significantly reduces the waste pressure on landfills by reducing the size of the solid waste. It is more important than ever that trash management become more effective, economical, and efficient as solid waste production and landfill management costs rise. In addition to this, for finished goods like lawn mulch, the shredding process yields raw materials that can be used again in production.


Japan Shredded Waste Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

3.3%

Base Year Market Size Volume  (2022)

 354.4 Million tons

Forecast Year Market Size Volume (2033)

 500.1 Million tons

Region

Japan


Japan Shredded Waste Market Size, Forecast, and Trend Highlights Over 2022 - 2033

The Japan shredded waste market is estimated to have a volume of 500.1 million tons by the end of 2033 by growing at a CAGR of 3.3% over the forecast period, i.e., 2023 – 2033. Further, the market witnessed a volume of 354.4 million tons in the year 2022. The growth of the market can be attributed to the increasing amount of waste being generated in Japan. Moreover, waste materials generated by households, such as paper, bottles, food scraps, and other recyclable or compostable materials hold a significant share of the total waste. About 42 million metric tons of trash were produced in Japan during the fiscal year 2020. Besides this, household waste made up the majority of created waste, amounting to almost 30 million metric tons. Household waste contributes massively to the filling of landfills and the use of these landfills can be decreased by shredding the household waste.

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In addition to these, factors that are believed to fuel the growth of Japan’s shredded waste market include international shredder manufacturers entering the market in Japan. For instance, Australia-based industrial shredder manufacturer, UNTHA extend its global reach by signing an exclusive distributor agreement with Axia in Japan. Axia has already ordered 6 UNTHA XR shredders which are currently being installed in Japan. After that, Axia's engineers will provide ongoing maintenance. The collaboration demonstrates rising national demand for the waste-to-energy sector. Additionally, the growing number of shredder plants in the region is likely to drive market expansion over the projected period. As of 2020, there were around 110 shredding plants in Japan.


Japan-Shredded-Waste-Market
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Japan Shredded Waste Market: Growth Drivers and Challenges

Growth Drivers

  • Rise in the Construction Projects – The building, maintenance, remodeling and demolition of homes, and big buildings results in the production of construction and demolition (C&D) waste. The newly launched project of Logiport Nagoya is worth USD 1,110 million. The project entails building a four-story logistics facility with a floor area of around 355,000-meter square. The beginning of construction started in the first quarter of 2022 and is scheduled to be finished in Q3 of 2023.

  • Initiatives for Reducing the Waste – Shredding can reduce the need for extracting materials from natural environments, for instance, paper shredding reduced the need for more trees. Therefore, the more trees standing, the more greenhouse gases will be absorbed. Moreover, the circular economy vision for 2020 was published by the Ministry of Economy, Trade and Industry (METI). The government of Japan plans to achieve carbon neutrality by 2050.

  • Burgeoning Electronic Waste – Every year, Japan discards some 650,000 tons of small gadgets and home gadgets. The amount of waste collected for recycling is nearly 100,000 tons.

  • Rapid Filling of Landfills- The remaining capacity of landfill sites in Japan for the final disposal of waste increased to roughly 100 cubic hectometers in the fiscal year 2020. Even after expanding the area of landfills, the entire landfill can only hold the waste for the around next 22 years.

  • Rising Plastic Waste in the Region – Up to 23 billion PET bottles are bought by Japanese consumers nationally each year. Additionally, more than one plastic shopping bag is used daily by the average Japanese person, which is more than 11 times the amount used by Indonesians and 17 times the amount used by people in Britain.

Challenges

  • The expensive expenses of purchasing and maintaining waste management systems - The waste management market has grown relatively inflexible due to the investments necessary for its procedure, which is preventing further industry expansion. The subsidization for waste management services depends on the income level. There is heavy expenditure on employing labor because it is a labor-intensive service. Since they cover both the cost of collecting and further transportation to landfills or recycling facilities.
  • Shredding of Plastic can be costly
  • Improper management of the waste


Japan Shredded Waste Market Segmentation

The Japan shredded waste market is segmented and analyzed for demand and supply by waste source into households and industry.  Out of the two types of waste source, the industry segment is estimated to contribute the largest volume share to the total national waste at the end of 2033, by growing at a CAGR of 3.3% in the projected time frame. Moreover, the segment generated notable waste volume in 2022. The industry waste is further categorized into commercial, construction & demolition and others.  The growth of the segment can be attributed to the growing amount of waste generated by the industry. Waste production by all industries in Japan was reached around 380 million tons per year by 2020. Out of the total waste, around 20% of that is nearly 75 million of waste comes from the construction industry. Furthermore, the largest share of the waste is generated from the energy and agriculture sectors, accounting for almost 96 million and 85 million, respectively. On the other hand, other small sectors were responsible for nearly 54 million of total industrial waste.

The Japan shredded waste market is also segmented and analyzed for demand and supply by end-use application into landfills, cement plants, materials recovery/recycling facilities, incineration plants, RDF & RPF plants, waste to energy plants, and others. Amongst these seven segments, the incineration plants segment is expected to treat the largest volume of waste of 325.6 million tons in 2033 by growing at a CAGR of 3.4% over the forecast period. On the other hand, the segment treated 227.2 million tons of waste in 2022. The growth of the segment is attributed to rising incineration facilities in the region. Shredders are used as a treatment of waste before disposing of it for incineration. It increases the garbage's calorific value, combustion stability, and incineration impact. Japan had the most running incineration plants in the world in the fiscal year 2020, with around 685 fully continuous waste incineration facilities that were added to over 1000 incineration plants.

Our in-depth analysis of the Japan shredded waste market includes the following segments:

        By Shredder Type

  • Pre-Shredders (125mm Product)
    • Stationary
    • Mobile
  • Fine Shredders

        By Waste Source

  • Households
  • Industry
    • Commercial
    • Construction & Demolition
    • Others

        By Waste Composition

  • Municipal Solid Waste
  • Commercial & Industrial
  • Construction & Demolition Waste
  • Bulky Waste
  • Wood Waste
  • Plastic Waste

        By End-Use Application

  • Landfills
  • Cement Plants
  • Materials Recovery/Recycling Facilities
  • Incineration Plants
  • RDF &RPF Plants
  • Waste to Energy Plants
  • Others


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Top Featured Companies Dominating the Japan Shredded Waste Market

    • IKC Co., Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • KUBOTA Environmental Engineering Co., Ltd.
    • RYOHSHIN Co., Ltd.
    • Harden Machinery Ltd.
    • HOXAN CORPORATION
    • RYOKI Co., Ltd.
    • NIHAMA IRON WORKS CO. LTD.
    • SSI Shredding Systems, Inc.
    • M & J Recycling
    • KINKI INDUSTRIAL CO., LTD.

     

     


Key Questions Answered in the Report

1) What are the major factors driving the growth of the japan shredded waste market?

Ans: Increasing construction activities, rising plastic waste, the need to reduce the carbon footprint, and higher number of landfills are the few factors expected to boost the market growth

2) What would be the CAGR of japan shredded waste market over the forecast period?

Ans: The market is anticipated to attain a CAGR of 3.3% over the forecast period, i.e., 2023 – 2033.

3) What are the challenges affecting the japan shredded waste market growth?

Ans: Shredding plastic waste costs a lot, ineffective waste management, and expensive costs associated with purchasing and maintaining waste management systems estimated to be the growth hindering factors for the market expansion.

5) Who are the major players dominating the japan shredded waste market?

Ans: The major players in the market are KUBOTA Environmental Engineering Co., Ltd., RYOHSHIN Co., Ltd., Harden Machinery Ltd., HOXAN CORPORATION, RYOKI Co., Ltd., NIHAMA IRON WORKS CO. LTD., SSI Shredding Systems, Inc., M & J Recycling, INKI INDUSTRIAL CO., LTD., and IKC Co., Ltd.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the Japan shredded waste market?

Ans: The market is segmented by shredder type, waste source, waste composition, end use application, and by region.

8) Which segment captures the largest market size in the type segment in the Japan shredded waste market?

Ans: The industry segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

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