The market is dominated by domestic suppliers, as imports account for 14.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 88.3% of total demand in 2023. Japan has the third largest market size for rubber products regionally, with demand reaching USD26.1 billion in 2023. Bridgestone Corp is the largest company in Japan, generating 27.2% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 64.9% of total production value in 2023. The total number of companies increases in 2023, to 12,348 units. The costs of the industry decrease by 0.7% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 15.6% of production value in 2023, the 13th highest regionally. The industry’s exports share decreases in 2023 to 27.2% of total production output. With production value of USD26.6 billion, Japan accounts for 10.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Rubber Products in Japan: ISIC 251. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Rubber Products in Japan: ISIC 251 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Rubber and Plastic is an aggregation of Plastic and Rubber products.
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