Japan's Plastic Fittings for Tubes, Pipes and Hoses Market to Grow at a CAGR of +0.2% Over the Next Decade - News and Statistics - IndexBox

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Jun 07, 2025

Japan's Plastic Fittings for Tubes, Pipes and Hoses Market to Grow at a CAGR of +0.2% Over the Next Decade - News and Statistics - IndexBox

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IndexBox has just published a new report: Japan - Plastic Fittings For Tubes, Pipes and Hoses - Market Analysis, Forecast, Size, Trends and Insights.

The plastic fittings market in Japan is expected to see continued growth over the next decade, with a forecasted CAGR of +0.2% in volume and +1.2% in value from 2024 to 2035. This growth is attributed to the rising demand for plastic fittings for tubes, pipes, and hoses in the country.

Driven by increasing demand for plastic fittings for tubes, pipes and hoses in Japan, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.2% for the period from 2024 to 2035, which is projected to bring the market volume to 183K tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.2% for the period from 2024 to 2035, which is projected to bring the market value to $9.7B (in nominal wholesale prices) by the end of 2035.

In 2024, consumption of plastic fittings for tubes, pipes and hoses increased by 1.7% to 178K tons, rising for the second year in a row after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, consumption of hit record highs at 190K tons in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

The revenue of the market for plastic fittings for tubes, pipes and hoses in Japan stood at $8.5B in 2024, increasing by 3.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.1% over the period from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $10.1B. From 2021 to 2024, the growth of the market remained at a lower figure.

In 2024, production of plastic fittings for tubes, pipes and hoses increased by 1.9% to 177K tons, rising for the second year in a row after two years of decline. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 4.2% against the previous year. Production of peaked at 189K tons in 2020; however, from 2021 to 2024, production failed to regain momentum.

In value terms, production of plastic fittings for tubes, pipes and hoses expanded slightly to $8.7B in 2024 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, production attained the peak level of $10.3B. From 2021 to 2024, production of growth remained at a somewhat lower figure.

In 2024, supplies from abroad of plastic fittings for tubes, pipes and hoses decreased by -14.2% to 3.9K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked at 4.9K tons in 2014; however, from 2015 to 2024, imports failed to regain momentum.

In value terms, imports of plastic fittings for tubes, pipes and hoses shrank rapidly to $88M in 2024. Over the period under review, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $132M. From 2022 to 2024, the growth of imports of remained at a lower figure.

China (1.3K tons), Taiwan (Chinese) (714 tons) and Vietnam (512 tons) were the main suppliers of imports of plastic fittings for tubes, pipes and hoses to Japan, with a combined 66% share of total imports. South Korea, Singapore, Austria, Switzerland and the Philippines lagged somewhat behind, together accounting for a further 25%.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +1.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic fittings for tubes, pipes and hoses suppliers to Japan were China ($21M), Singapore ($12M) and Taiwan (Chinese) ($6.2M), with a combined 45% share of total imports. South Korea, Austria, Vietnam, Switzerland and the Philippines lagged somewhat behind, together accounting for a further 23%.

Austria, with a CAGR of +4.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

The average import price for plastic fittings for tubes, pipes and hoses stood at $22,853 per ton in 2024, reducing by -8.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. As a result, import price attained the peak level of $28,143 per ton. From 2022 to 2024, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($48,612 per ton), while the price for Taiwan (Chinese) ($8,743 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Austria (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

In 2024, shipments abroad of plastic fittings for tubes, pipes and hoses decreased by -8.1% to 3.2K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports of hit record highs at 3.9K tons in 2022; however, from 2023 to 2024, the exports failed to regain momentum.

In value terms, exports of plastic fittings for tubes, pipes and hoses contracted to $160M in 2024. Over the period under review, total exports indicated a tangible expansion from 2013 to 2024: its value increased at an average annual rate of +3.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports decreased by -16.1% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of $191M. From 2022 to 2024, the growth of the exports of remained at a somewhat lower figure.

China (774 tons), the United States (658 tons) and Singapore (258 tons) were the main destinations of exports of plastic fittings for tubes, pipes and hoses from Japan, with a combined 53% share of total exports. Hong Kong SAR, Taiwan (Chinese), Thailand, India, South Korea, Indonesia, Mexico and the Philippines lagged somewhat behind, together accounting for a further 34%.

From 2013 to 2024, the biggest increases were recorded for Mexico (with a CAGR of +13.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($39M), China ($39M) and Taiwan (Chinese) ($10M) appeared to be the largest markets for plastic fittings for tubes, pipes and hoses exported from Japan worldwide, with a combined 55% share of total exports. South Korea, Singapore, India, Thailand, Mexico, Indonesia, Hong Kong SAR and the Philippines lagged somewhat behind, together comprising a further 24%.

Mexico, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

The average export price for plastic fittings for tubes, pipes and hoses stood at $50,073 per ton in 2024, growing by 2.4% against the previous year. Over the period under review, export price indicated a measured increase from 2013 to 2024: its price increased at an average annual rate of +2.5% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, export price for plastic fittings for tubes, pipes and hoses increased by +8.2% against 2022 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 17%. As a result, the export price attained the peak level of $57,007 per ton. From 2021 to 2024, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($87,540 per ton), while the average price for exports to Hong Kong SAR ($8,430 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for plastic fittings for tubes, pipes and hoses in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Export

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles