Thanks to the agreement, the Tokyo-based company plans to bring added-value carton packaging and filling technology to the Japanese food and beverage industry.
DNP • SIG Combibloc
The 50-50 joint venture will become operational in April under the name DNP • SIG Combibloc Co., Ltd., based in Tokyo.
“The huge variety offered by the packaging system from SIG will enrich the Japanese market and offer added value for beverage manufacturers and consumers alike. The aim of our joint venture is to be Japan’s number 2 in aseptic carton packs by 2022,” said Souichiro Nishitani, GM, packaging operations, DNP.
DNP has been developing and marketing carton packs and filling systems for alcoholic beverages and soft drinks in Japan since 1978.
Many food and beverage manufacturers are also using DNP’s aseptic PET filling system.
Rolf Stangl, CEO, SIG, said it was an exciting moment in its history to enter the Japanese market, and it will be looking to launch next-generation products in the region.
Dairy Packaging Japan
According to Euromonitor's 'Dairy Packaging in Japan' 2017 report, dairy packaging will post a negligible total retail volume CAGR over the forecast period to reach 20.7bn units in 2021.
While demand for yogurt and sour milk products and cheese is set remain positive over the forecast period, continuous decline in large categories such as drinking milk products is expected to offset the positive growth.
Cheese packaging is expected to record the strongest growth over the forecast period with a CAGR of 2% due to the popularity of cheese as a complementary snack when drinking at home. Sliced and individually packed cheese is expected to continue to attract busy consumers who enjoy peeling off the secondary packaging of, most commonly, flexible aluminum/plastic before eating.