The market is dominated by foreign suppliers, as imports account for 82.3% of total market size in 2023. Households drive market demand, with household spending representing 87.9% of total demand in 2023. Japan has the largest market size for knitted and crocheted articles regionally, with demand reaching USD32.9 billion in 2023. The total number of companies decreases in 2023, to 4,271 units. The costs of the industry decrease by 3.6% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 0.4% of production value in 2023, the 19th highest regionally. The industry’s exports share increases in 2023 to 11.2% of total production output. With production value of USD2.2 billion, Japan accounts for 1.8% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Knitted and Crocheted Articles in Japan: ISIC 173. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Knitted and Crocheted Articles in Japan: ISIC 173 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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