The market is dominated by domestic suppliers, as imports account for 27.4% of total market size in 2024. Households drive market demand, with household spending representing 55.3% of total demand in 2024. Japan has the third largest market size for accumulators, primary cells and primary batteries regionally, with demand reaching USD19.8 billion in 2024. Panasonic Energy Co Ltd is the largest company in Japan, generating 35.5% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 86.2% of total production value in 2024. The total number of companies increases in 2024, to 641 units. The costs of the industry increase by 13.1% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.5% of production value in 2024, the 12th highest regionally. The industry’s exports share decreases in 2024 to 31.0% of total production output. With production value of USD14.7 billion, Japan accounts for 3.3% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Japan: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Japan: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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