The market is dominated by foreign suppliers, as imports account for 84.9% of total market size in 2022. Households drive market demand, with household spending representing 69.9% of total demand in 2022. Japan has the third largest market size for footwear regionally, with demand reaching USD12.5 billion in 2022. MoonStar Corp is the largest company in Japan, generating 23.6% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 74.8% of total production value in 2022. The total number of companies increases in 2022, to 6,733 units. The costs of the industry decrease by 17.4% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 8.6% of production value in 2022, the 14th highest regionally. The industry’s exports share increases in 2022 to 5.9% of total production output. With production value of USD817 million, Japan accounts for 0.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Footwear in Japan: ISIC 192. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Footwear in Japan: ISIC 192 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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