Market Intelligence
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The pandemic combined with the postponed Olympics accelerated Japan’s effort to reach 70% telework adoption.
The Ministry of Economy, Trade, and Industry is proactively promoting digital transformation in Japan and published the Digital Transformation report in 2018.
Tokyo Japan is ranked as the third largest global financial center after New York and London and its “Fintech” market shows especially strong growth potential for U.S. firms.
Japan implemented the second phase of its five-year health and medical strategy designed to advance healthcare industry developments in Japan and will give US companies insight into potential opportunities in the Japanese market.
Japanese marine brands are well established in Japan, yet US pleasure boats’ stylish designs, luxurious interiors and high performance can appeal to Japanese consumers.
U.S. suppliers of advanced technologies in electric and hybrid vehicles are presented with opportunities in the the Japanese market.
Japan’s Pharmaceutical and Medical Devices Law (PMD Law) improves the regulatory environment for medical devices.
Japan’s Business to Consumer (B2C) eCommerce has been steadily growing.
How to compete with eCommerce in Japan
Facing an aging population and reduced workforce, the Japanese government has introduced a number of measures to modernize its education system.
Japanese high school students travel overseas to experience cultural learning. Interested US schools working with Japanese high schools are encouraged to contact Commercial Service Japan.
Demand for Full-body Safety Harnesses is increasing in Japan.
Prolonged economic stagnation and fierce domestic competition challenge the entry of global brands into Japan’s food service franchise market. This market update and glimpse of lifestyle trends offers insight to franchisers considering entering Japan.