Future Prospects for Japane′s Recycling Businesses

Abstract

This paper illustrates future prospects for Japanese recycling businesses. Major recycling enterprises are expected to grow in scale and eventually cover multiple municipal areas and a wider range of waste items. Their activities will take low carbonization into account and there are also plans to head into global markets.
　In the process of its upcoming development, Japan′s recycling industry must tackle unconventional challenges, such as mergers or alliances between waste processors and scrap processors, establishment of calculating methods for low carbonization effects of recycling, and promotion of understanding regarding appropriate costs for waste management among Asian countries.
　Scale growth, low carbonization and globalization will bring positive impacts on the evolution of Japanese recycling businesses, which will face harsh competition within the global market. By and large, optimistic faith in future developments will help realize a healthy growth for this industry. In order to achieve market expansion and pursue profits, industry participants in the public and private sectors will need to share the grand design for future prospects in the recycling arena.
　By studying the qualitative and quantitative data of current recycling businesses, we can gain better understanding and deeper insight into the transformation of this robust industry.