Japan Travel and Tourism Market Summary and Forecast
Summary
Travel & Tourism in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
- The Japanese travel & tourism industry had total revenues of $93.6 billion in 2022, representing a negative compound annual growth rate (CAGR) of 6.9% between 2017 and 2022.
- The casinos & gaming segment accounted for the industry's largest proportion in 2022, with total revenues of $36.5 billion, equivalent to 39% of the industry's overall value.
- The growth of the industry is also attributed to rising leisure and business tourism, growth in the hotel and motel industry, an increasing number of global events attracting large visitors, boosting infrastructure development, easing mobility, and emerging adventure tourists. For instance, travel and tourism spending by international visitors in Japan increased by 51.8% in 2022 over 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Japan
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Japan travel & tourism market with five year forecasts
- What was the size of the Japan travel & tourism market by value in 2022?
- What will be the size of the Japan travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Japan travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 8 Company Profiles
- 8.1. MGM Resorts International
- 8.2. Toyoko Inn Co Ltd
- 8.3. Japan Airlines Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Japan travel & tourism industry value: $ million, 2017–22
- Table 2: Japan travel & tourism industry category segmentation: % share, by value, 2017–2022
- Table 3: Japan travel & tourism industry category segmentation: $ million, 2017-2022
- Table 4: Japan travel & tourism industry geography segmentation: $ million, 2022
- Table 5: Japan travel & tourism industry value forecast: $ million, 2022–27
- Table 6: MGM Resorts International: key facts
- Table 7: MGM Resorts International: Annual Financial Ratios
- Table 8: MGM Resorts International: Key Employees
- Table 9: Toyoko Inn Co Ltd: key facts
- Table 10: Toyoko Inn Co Ltd: Key Employees
- Table 11: Japan Airlines Co Ltd: key facts
- Table 12: Japan Airlines Co Ltd: Annual Financial Ratios
- Table 13: Japan Airlines Co Ltd: Key Employees
- Table 14: Japan Airlines Co Ltd: Key Employees Continued
- Table 15: Japan Airlines Co Ltd: Key Employees Continued
- Table 16: Japan size of population (million), 2018–22
- Table 17: Japan gdp (constant 2005 prices, $ billion), 2018–22
- Table 18: Japan gdp (current prices, $ billion), 2018–22
- Table 19: Japan inflation, 2018–22
- Table 20: Japan consumer price index (absolute), 2018–22
- Table 21: Japan exchange rate, 2018–22
- List of Figures
- Figure 1: Japan travel & tourism industry value: $ million, 2017–22
- Figure 2: Japan travel & tourism industry category segmentation: $ million, 2017-2022
- Figure 3: Japan travel & tourism industry geography segmentation: % share, by value, 2022
- Figure 4: Japan travel & tourism industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Japan, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Japan, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Japan, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Japan, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Japan, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Japan, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook