B2B drives market demand, with B2B spending representing 54.2% of total demand in 2023. Toyota Motor Corp is the largest company in Japan, generating 9.3% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 17.2% of total production value in 2023. The total number of companies increases in 2023, to 446,445 units. The costs of the industry increase by 2.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 9.4% of turnover in 2023, the 19th highest regionally. With turnover of USD154 billion, Japan accounts for 19.2% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Japan: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in Japan: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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