The market is dominated by foreign suppliers, as imports account for 51.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 82.3% of total demand in 2022. Japan has the third largest market size for machinery for textile and apparel production regionally, with demand reaching USD2.0 billion in 2022. TMT Machinery Inc is the largest company in Japan, generating 6.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 23.5% of total production value in 2022. The total number of companies increases in 2022, to 2,425 units. The costs of the industry decrease by 11.7% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.6% of production value in 2022, the 16th highest regionally. The industry’s exports share increases in 2022 to 68.8% of total production output. With production value of USD2.4 billion, Japan accounts for 7.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Japan: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Japan: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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