| Product Code: ETC12209362 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Japan's formalin import market continues to show high concentration, with top exporting countries in 2024 being Germany, USA, Singapore, Taiwan, and Province of China. The market experienced a significant decline with a CAGR of -31.07% from 2020 to 2024, and a sharp drop in growth rate of -66.09% from 2023 to 2024. Despite the challenges, these key exporting countries remain pivotal in supplying formalin to Japan, highlighting the importance of maintaining strong trade relationships in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Formalin Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Formalin Market Revenues & Volume, 2021 & 2031F |
3.3 Japan Formalin Market - Industry Life Cycle |
3.4 Japan Formalin Market - Porter's Five Forces |
3.5 Japan Formalin Market Revenues & Volume Share, By Formalin Type, 2021 & 2031F |
3.6 Japan Formalin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Japan Formalin Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Japan Formalin Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Japan Formalin Market Revenues & Volume Share, By Concentration, 2021 & 2031F |
4 Japan Formalin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for formalin in healthcare sector for preserving samples and in laboratories for research purposes. |
4.2.2 Growth in the cosmetics and personal care industry where formalin is used in certain products. |
4.2.3 Rising adoption of formalin in the wood industry for preserving and treating wood products. |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of formalin due to its potential health hazards. |
4.3.2 Availability of alternative preservation methods and products that are considered safer and more environmentally friendly. |
5 Japan Formalin Market Trends |
6 Japan Formalin Market, By Types |
6.1 Japan Formalin Market, By Formalin Type |
6.1.1 Overview and Analysis |
6.1.2 Japan Formalin Market Revenues & Volume, By Formalin Type, 2021 - 2031F |
6.1.3 Japan Formalin Market Revenues & Volume, By Liquid Formalin, 2021 - 2031F |
6.1.4 Japan Formalin Market Revenues & Volume, By Powdered Formalin, 2021 - 2031F |
6.1.5 Japan Formalin Market Revenues & Volume, By Solution Formalin, 2021 - 2031F |
6.1.6 Japan Formalin Market Revenues & Volume, By Solid Formalin, 2021 - 2031F |
6.2 Japan Formalin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Japan Formalin Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.2.3 Japan Formalin Market Revenues & Volume, By Laboratory Use, 2021 - 2031F |
6.2.4 Japan Formalin Market Revenues & Volume, By Chemical Synthesis, 2021 - 2031F |
6.2.5 Japan Formalin Market Revenues & Volume, By Research, 2021 - 2031F |
6.3 Japan Formalin Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Japan Formalin Market Revenues & Volume, By Textile Industry, 2021 - 2031F |
6.3.3 Japan Formalin Market Revenues & Volume, By Medical Facilities, 2021 - 2031F |
6.3.4 Japan Formalin Market Revenues & Volume, By Paint & Coatings, 2021 - 2031F |
6.3.5 Japan Formalin Market Revenues & Volume, By Laboratories, 2021 - 2031F |
6.4 Japan Formalin Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Japan Formalin Market Revenues & Volume, By Drum, 2021 - 2031F |
6.4.3 Japan Formalin Market Revenues & Volume, By Bag, 2021 - 2031F |
6.4.4 Japan Formalin Market Revenues & Volume, By Canister, 2021 - 2031F |
6.4.5 Japan Formalin Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.5 Japan Formalin Market, By Concentration |
6.5.1 Overview and Analysis |
6.5.2 Japan Formalin Market Revenues & Volume, By 0.37, 2021 - 2031F |
6.5.3 Japan Formalin Market Revenues & Volume, By 0.4, 2021 - 2031F |
6.5.4 Japan Formalin Market Revenues & Volume, By 0.37, 2021 - 2031F |
6.5.5 Japan Formalin Market Revenues & Volume, By 0.35, 2021 - 2031F |
7 Japan Formalin Market Import-Export Trade Statistics |
7.1 Japan Formalin Market Export to Major Countries |
7.2 Japan Formalin Market Imports from Major Countries |
8 Japan Formalin Market Key Performance Indicators |
8.1 Number of new healthcare facilities and laboratories using formalin for sample preservation. |
8.2 Volume of formalin consumption in the cosmetics and personal care industry. |
8.3 Percentage of wood products treated with formalin in the market. |
9 Japan Formalin Market - Opportunity Assessment |
9.1 Japan Formalin Market Opportunity Assessment, By Formalin Type, 2021 & 2031F |
9.2 Japan Formalin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Japan Formalin Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Japan Formalin Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.5 Japan Formalin Market Opportunity Assessment, By Concentration, 2021 & 2031F |
10 Japan Formalin Market - Competitive Landscape |
10.1 Japan Formalin Market Revenue Share, By Companies, 2024 |
10.2 Japan Formalin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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