Oil & Gas in Japan
Summary
Oil & Gas in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
- The Japanese oil & gas market recorded revenues of $233.7 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 2.6% between 2018 and 2023, to reach a total of 1,851.8 million BoE in 2023.
- The contraction in the oil & gas market in recent years can be attributed to the growing sales of electric vehicles. According to MarketLine, the Japanese hybrid and electric cars market stood at $27.5 billion in 2023, an increase of 2.5% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the oil & gas market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Japan
- Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Japan oil & gas market with five year forecasts by both value and volume
- What was the size of the Japan oil & gas market by value in 2023?
- What will be the size of the Japan oil & gas market in 2028?
- What factors are affecting the strength of competition in the Japan oil & gas market?
- How has the market performed over the last five years?
- How large is Japan’s oil & gas market in relation to its regional counterparts?
- 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 the leading player?
- 7.4. What is the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. Idemitsu Kosan Co., Ltd.
- 8.2. JX Nippon Oil & Gas Exploration Corp
- 8.3. Shell plc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: Japan oil & gas market value: $ million, 2018-23
- Table 2: Japan oil & gas market category segmentation: % share, by value, 2018-2023
- Table 3: Japan oil & gas market category segmentation: $ million, 2018-2023
- Table 4: Japan oil & gas market geography segmentation: $ million, 2023
- Table 5: Japan oil & gas market value forecast: $ million, 2023-28
- Table 6: Idemitsu Kosan Co., Ltd.: key facts
- Table 7: Idemitsu Kosan Co., Ltd.: Annual Financial Ratios
- Table 8: Idemitsu Kosan Co., Ltd.: Key Employees
- Table 9: Idemitsu Kosan Co., Ltd.: Key Employees Continued
- Table 10: Idemitsu Kosan Co., Ltd.: Key Employees Continued
- Table 11: JX Nippon Oil & Gas Exploration Corp: key facts
- Table 12: JX Nippon Oil & Gas Exploration Corp: Key Employees
- Table 13: JX Nippon Oil & Gas Exploration Corp: Key Employees Continued
- Table 14: Shell plc.: key facts
- Table 15: Shell plc.: Annual Financial Ratios
- Table 16: Shell plc.: Key Employees
- Table 17: Japan size of population (million), 2019-23
- Table 18: Japan gdp (constant 2005 prices, $ billion), 2019-23
- Table 19: Japan gdp (current prices, $ billion), 2019-23
- Table 20: Japan inflation, 2019-23
- Table 21: Japan consumer price index (absolute), 2019-23
- Table 22: Japan exchange rate, 2019-23
- List of Figures
- Figure 1: Japan oil & gas market value: $ million, 2018-23
- Figure 2: Japan oil & gas market category segmentation: $ million, 2018-2023
- Figure 3: Japan oil & gas market geography segmentation: % share, by value, 2023
- Figure 4: Japan oil & gas market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the oil & gas market in Japan, 2023
- Figure 6: Drivers of buyer power in the oil & gas market in Japan, 2023
- Figure 7: Drivers of supplier power in the oil & gas market in Japan, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the oil & gas market in Japan, 2023
- Figure 9: Factors influencing the threat of substitutes in the oil & gas market in Japan, 2023
- Figure 10: Drivers of degree of rivalry in the oil & gas market in Japan, 2023
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