(MENAFN- Ameliorate Solutions) The Global Japan Furniture Market Research Report Forecast 2020 - 2025 provides useful insights into a wide range of business aspects such as pillars, features, sales strategies, planning models, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.

Top Key Players in the Global Japan Furniture Market: Nitori, Muji, Karimoku, Sankou, and Ikea.

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Market Overview:

The furniture market in Japan is expected to grow at a strong rate during the forecast period. Some of the major factors driving the demand for furniture products in the country include rising disposable income, increasing household and commercial spaces, and rising urbanization. The Japanese furniture industry had evolved from a small market of around 50 billion yen to nearly 3.5 trillion yen in 2019. A significant feature of Japanese furniture consumption is the popularity of high-end furniture and luxury furniture.

The country is witnessing increased construction activity, which has led to the expansion of residential real estate with a significant increase in the number of households in the country. This is boosting the demand for furniture products such as living room and bedroom furniture. The country is also witnessing an increased demand for office furniture products due to the rising consumption of office spaces, fueling the market demand. Japan is also witnessing an increasing demand for exquisite and durable high-end solid wood furniture when setting up a new family, which further boosts the market growth.

The market share of imported furniture in Japan has risen significantly in the last few years. Among imported furniture, wooden furniture occupies the largest proportion, followed by furniture accessories, metal furniture, plastic furniture, etc. With low labor costs, China has become Japan's largest furniture importer accounting for nearly 40% of the total Japanese wooden furniture imports. Some of the other importers of furniture products in Japan are Thailand, Vietnam, Malaysia, the Philippines, Indonesia, Germany, and Italy.

Key Market Trends

Home Furniture is the Largest Segment

Japan is currently witnessing a high demand for home furniture, including the living room and dining room furniture, bedroom furniture, and kitchen furniture. The country is witnessing expanded construction activity with new housing units being built across the country and an increase in the per capita disposable income on consumers, which is rising the demand for home furniture.

The rise in the number of household units and population migration are also contributing to this growth. The household spending on dining-room furniture in the country is also fairly stable although relatively small compared with spending on bedroom items. Japan imports nearly bedroom furniture from China, Vietnam, and other Southeast Asian countries.

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Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Japan Furniture Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Japan Furniture Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Japan Furniture Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate, and figure and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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