The market is dominated by foreign suppliers, as imports account for 70.9% of total market size in 2023. Households drive market demand, with household spending representing 65.1% of total demand in 2023. Japan has the second largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD20.2 billion in 2023. Panasonic Corp is the largest company in Japan, generating 12.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 44.6% of total production value in 2023. The total number of companies decreases in 2023, to 2,661 units. The costs of the industry decrease by 4.6% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.4% of production value in 2023, the 16th highest regionally. The industry’s exports share decreases in 2023 to 37.1% of total production output. With production value of USD5.8 billion, Japan accounts for 3.1% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Japan: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in Japan: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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