Travel & Tourism in Japan
Summary
Travel & Tourism 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
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Japanese travel & tourism industry recorded revenues of $124 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $38.1 billion, equivalent to 30.7% of the industry's overall value.
- In 2023, the industry experienced a significant value increase, recovering from recent declines, primarily driven by increasing capital investment, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Japan reached $42.9 billion in 2023, reflecting a 2.7% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
- What was the size of the Japan travel & tourism market by value in 2023?
- What will be the size of the Japan travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Japan travel & tourism market?
- How has the market performed over the last five years?
- How large is Japan’s travel & tourism 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 are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Japan Airlines Co Ltd
- 8.2. APA Hotel Ltd
- 8.3. HIS Co Ltd
- 8.4. Zensho Holdings 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, 2018-23
- Table 2: Japan travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Japan travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Japan travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Japan travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Japan Airlines Co Ltd: Key Facts
- Table 7: Japan Airlines Co Ltd: Annual Financial Ratios
- Table 8: Japan Airlines Co Ltd: Key Employees
- Table 9: Japan Airlines Co Ltd: Key Employees Continued
- Table 10: Japan Airlines Co Ltd: Key Employees Continued
- Table 11: APA Hotel Ltd: Key Facts
- Table 12: APA Hotel Ltd: Key Employees
- Table 13: HIS Co Ltd: Key Facts
- Table 14: HIS Co Ltd: Annual Financial Ratios
- Table 15: HIS Co Ltd: Key Employees
- Table 16: HIS Co Ltd: Key Employees Continued
- Table 17: Zensho Holdings Co Ltd: Key Facts
- Table 18: Zensho Holdings Co Ltd: Annual Financial Ratios
- Table 19: Zensho Holdings Co Ltd: Key Employees
- Table 20: Japan Size of Population (million), 2019-23
- Table 21: Japan Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Japan GDP (Current Prices, $ Billion), 2019-23
- Table 23: Japan Inflation, 2019-23
- Table 24: Japan Consumer Price Index (Absolute), 2019-23
- Table 25: Japan Exchange Rate, 2018-23
- List of Figures
- Figure 1: Japan travel & tourism industry value: $ million, 2018-23
- Figure 2: Japan travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Japan travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Japan travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Japan, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Japan, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Japan, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Japan, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Japan, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Japan, 2023
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