The market is dominated by domestic suppliers, as imports account for 3.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.4% of total demand in 2022. Japan has the third largest market size for weapons and ammunition regionally, with demand reaching USD6.2 billion in 2022. IHI Corp is the largest company in Japan, generating 8.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 19.0% of total production value in 2022. The total number of companies increases in 2022, to 42 units. The costs of the industry decrease by 15.4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 6.7% of production value in 2022, the 14th highest regionally. The industry’s exports share increases in 2022 to 1.8% of total production output. With production value of USD6.2 billion, Japan accounts for 33.6% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Japan: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Japan: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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