Government drives market demand, with government spending representing 72.7% of total demand in 2020. National Police Agency is the largest company in Japan, generating 6.1% of the industry’s total turnover in 2020. The industry is fragmented, with the top four companies generating 12.1% of total turnover in 2020. The total number of companies increases in 2020, to 74,597 units. The costs of the industry increase by 5.3% in 2020, largely driven by rising labour costs. The industry’s profitability increases and stands at 29.9% of turnover in 2020, the highest in the region. With turnover of USD422 billion, Japan accounts for 18.6% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in Japan: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in Japan: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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