The market is dominated by domestic suppliers, as imports account for 45.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 95.9% of total demand in 2022. Japan has the third largest market size for insulated wire and cable regionally, with demand reaching USD19.0 billion in 2022. Sumitomo Electric Industries Ltd is the largest company in Japan, generating 24.5% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 70.6% of total production value in 2022. The total number of companies increases in 2022, to 1,354 units. The costs of the industry decrease by 12.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.0% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 23.1% of total production output. With production value of USD12.0 billion, Japan accounts for 3.3% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Insulated Wire and Cable in Japan: ISIC 313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insulated Wire and Cable in Japan: ISIC 313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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