Apparel & Non-Apparel Manufacturing in Japan

Apparel & Non-Apparel Manufacturing in Japan

Summary

Apparel & Non-Apparel Manufacturing in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
• The Japanese apparel & non-apparel manufacturing market recorded revenues of $36,153.9 million in 2023, representing a negative compound annual growth rate (CAGR) of 8.3% between 2018 and 2023.
• The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $30,266.3 million, equivalent to 83.7% of the market's overall value.
• In 2023, the Japanese apparel & non-apparel manufacturing market faced a decline due to rising costs of domestic production and shrinking consumer demand. High production costs, driven by stringent labor laws, elevated wages, and increased energy prices, made it challenging for Japanese manufacturers to remain competitive against lower-cost producers in neighbouring countries like Vietnam and Bangladesh. These factors led many companies to either offshore their manufacturing operations or reduce domestic production capacity, thereby weakening the local manufacturing base.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel & non-apparel manufacturing market in Japan
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel & non-apparel manufacturing market in Japan
• Leading company profiles reveal details of key apparel & non-apparel manufacturing market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Japan apparel & non-apparel manufacturing market with five year forecasts

Reasons to Buy

• What was the size of the Japan apparel & non-apparel manufacturing market by value in 2023?
• What will be the size of the Japan apparel & non-apparel manufacturing market in 2028?
• What factors are affecting the strength of competition in the Japan apparel & non-apparel manufacturing market?
• How has the market performed over the last five years?
• What are the main segments that make up Japan's apparel & non-apparel manufacturing market?