The market is dominated by domestic suppliers, as imports account for 15.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 89.4% of total demand in 2022. Japan has the third largest market size for rubber products regionally, with demand reaching USD24.5 billion in 2022. Bridgestone Corp is the largest company in Japan, generating 28.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 69.7% of total production value in 2022. The total number of companies decreases in 2022, to 13,636 units. The costs of the industry decrease by 16.7% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 13.3% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 29.0% of total production output. With production value of USD25.3 billion, Japan accounts for 10.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Rubber Products in Japan: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in Japan: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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