The market is dominated by domestic suppliers, as imports account for 38.4% of total market size in 2024. Households drive market demand, with household spending representing 75.1% of total demand in 2024. Japan has the fourth largest market size for optical instruments and photographic equipment regionally, with demand reaching USD4.4 billion in 2024. Canon Inc is the largest company in Japan, generating 9.3% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 33.3% of total production value in 2024. The total number of companies decreases in 2024, to 4,625 units. The costs of the industry decrease by 12.3% in 2024, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 11.5% of production value in 2024, the 12th highest regionally. The industry’s exports share increases in 2024 to 31.2% of total production output. With production value of USD3.3 billion, Japan accounts for 5.9% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Optical Instruments and Photographic Equipment in Japan: ISIC 332. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Optical Instruments and Photographic Equipment in Japan: ISIC 332 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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