Japan material handling market was valued at US$9.120 billion in 2021 and is projected to expand at a CAGR of 2.34% over the forecast period to reach US$10.723 billion by 2028.
Improving economic conditions have boosted investment in the construction sector and also the spending pattern of consumers. Another factor for growth in Japan's material handling market is rising labor costs, which has led to investments in these solutions to cut down on operating expenses. Focus on workplace safety is also augmenting the demand for these solutions.
This research study examines the Japan material handling market based on various segments: products, applications, and industry vertical. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes Japan material handling industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting Japan material handling market. Moreover, the research study analyzes the overall regulatory framework of Japan material handling sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Japan material handling market– Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Japan material handling market report is as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$9.120 billion |
| Market Size Value in 2028 |
US$10.723 billion |
| Growth Rate | CAGR of 2.34% from 2021 to 2028 |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Products, Applications, and Industry Verticals |
| Companies Covered | Daifuku Co., Ltd., IHI Asia Pacific Pte. Ltd, Maxpull Machinery & Engineering Co. Ltd, Sumitomo Heavy Industries, Tsubakimoto Chain Group, Toyota Industries Corporation, Murata Machinery, Ltd., TOYO Kanetsu K.K., Okura Yusoki Co., Ltd., Seibu Electric & Machinery Co., Ltd |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Japan material handling report are as below: