Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 89

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 89
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 fiber -basedpackaging offset most of the graphic -paperretreat. The waste -paperrecycling rate in domestic pulp and paper production has climbed from 79.5% in 2019 to 81.7% in 2024 and is forecast to reach about 82.5% by 2029. The upward drift signals a progressively greener furnish mix, enabled by Japan’s exceptionally efficient collection network, advanced de -inkingtechnology and growing corporate decarbonization targets. In short, while absolute volumes may inch lower, the sector’s dependence on recycled fiber is deepening, positioning Japan to meet sustainability goals and maintain a vibrant circular -economymodel even in a maturing paper market. Source: The Frost & Sullivan Report Market Drivers and Trends Analysis High recovery and utilization rates:Japan’s paper recovery rate and the recovered paper utilization rate reached 81.7% and 66.63% in 2024 respectively. These high rates are attributed to a sophisticated waste collection infrastructure, where households, businesses, and municipalities meticulously sort paper into categories like newspapers and cardboard, supported by strict guidelines under the Container and Packaging Recycling Act (1995). A strong cultural focus on environmental responsibility drives high public participation, resulting in clean and high -qualityrecovered paper. Advanced recycling technologies, such as Epson’s PaperLab A -8000, enable efficient processing, while leading manufacturers emphasize domestic reuse for products like newsprint and packaging. This resilient circular economy, supported by growing e -commercedemand and technological innovations, reduces dependence on virgin pulp and maintains Japan’s high recycling rates, even in the face of challenges like declining traditional paper consumption. 62 The high recovery and utilization rates drive paper recycling Japan by ensuring a reliable supply of quality materials, enabling efficient production, supporting a circular economy, and meeting growing market demand for sustainable products, all reinforced by cultural, legislative, and technological factors. Robust demand fueled by downstream market consumptions:Paper industry and the demand for recycled paper in the market ties closely with the demand from downstream markets. Wide -spreadapplications of paper packaging products especially corrugating packaging products such as food and beverage, home appliances and electronic manufacturing, durable goods, industrial and machinery manufacturing and e -commerceand express have formed robust market demand. In addition, the rise of e -commerceplatforms like Rakuten and Amazon has further increased demand for sustainable packaging in Japan, with paper preferred for its recyclability and lower costs compared to plastics. Decline in demand for traditional paper:The decreasing demand for traditional