The market is dominated by domestic suppliers, as imports account for 19.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 59.2% of total demand in 2022. Japan has the second largest market size for electric lamps and lighting equipment regionally, with demand reaching USD16.6 billion in 2022. Panasonic Corp is the largest company in Japan, generating 8.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 28.1% of total production value in 2022. The total number of companies decreases in 2022, to 6,896 units. The costs of the industry decrease by 17.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 4.6% of production value in 2022, the 18th highest regionally. The industry’s exports share increases in 2022 to 8.4% of total production output. With production value of USD10.5 billion, Japan accounts for 9.1% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Japan: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Japan: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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