The market is dominated by foreign suppliers, as imports account for 77.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023. Japan has the fifth largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD1.9 billion in 2023. Surteckariya Co Ltd is the largest company in Japan, generating 2.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 6.5% of total production value in 2023. The total number of companies increases in 2023, to 10,570 units. The costs of the industry decrease by 2.5% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.0% of production value in 2023, the 19th highest regionally. The industry’s exports share increases in 2023 to 80.8% of total production output. With production value of USD2.0 billion, Japan accounts for 2.3% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in Japan: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in Japan: ISIC 2892 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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