The market is dominated by domestic suppliers, as imports account for 48.0% of total market size in 2022. Households drive market demand, with household spending representing 52.3% of total demand in 2022. Japan has the third largest market size for accumulators, primary cells and primary batteries regionally, with demand reaching USD11.2 billion in 2022. GS Yuasa Corp is the largest company in Japan, generating 34.9% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 78.1% of total production value in 2022. The total number of companies increases in 2022, to 969 units. The costs of the industry decrease by 14.3% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 9.1% of production value in 2022, the 14th highest regionally. The industry’s exports share increases in 2022 to 51.3% of total production output. With production value of USD8.2 billion, Japan accounts for 2.8% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Japan: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Japan: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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