The market is dominated by domestic suppliers, as imports account for 4.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2023. Japan has the second largest market size for tanks, reservoirs, boilers and radiators regionally, with demand reaching USD12.7 billion in 2023. Noritz Corp is the largest company in Japan, generating 5.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 11.9% of total production value in 2023. The total number of companies increases in 2023, to 13,090 units. The costs of the industry remain unchanged in 2023. The industry’s profitability decreases and stands at 3.7% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 1.4% of total production output. With production value of USD11.4 billion, Japan accounts for 15.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Tanks, Reservoirs, Boilers and Radiators in Japan: ISIC 2812. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanks, Reservoirs, Boilers and Radiators in Japan: ISIC 2812 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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