The market is dominated by domestic suppliers, as imports account for 43.8% of total market size in 2024. B2B drives market demand, with B2B spending representing 100% of total demand in 2024. Japan has the third largest market size for insulated wire and cable regionally, with demand reaching USD17.3 billion in 2024. Sumitomo Electric Industries Ltd is the largest company in Japan, generating 24.5% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 70.4% of total production value in 2024. The total number of companies increases in 2024, to 1,059 units. The costs of the industry increase by 0.5% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 2.7% of production value in 2024, the 19th highest regionally. The industry’s exports share decreases in 2024 to 20.3% of total production output. With production value of USD10.9 billion, Japan accounts for 2.8% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Insulated Wire and Cable in Japan: ISIC 313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insulated Wire and Cable in Japan: ISIC 313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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