The market is dominated by domestic suppliers, as imports account for 17.9% of total market size in 2022. Households drive market demand, with household spending representing 98.7% of total demand in 2022. Japan has the third largest market size for tobacco products regionally, with demand reaching USD30.4 billion in 2022. Japan Tobacco Inc is the largest company in Japan, generating 97.0% of the industry’s total production value in 2022. The industry is concentrated, with the top one company generating 97.0% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry decrease by 15.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 38.7% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 0.7% of total production output. With production value of USD4.5 billion, Japan accounts for 2.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Tobacco Products in Japan: ISIC 16. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tobacco Products in Japan: ISIC 16 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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