Japan Insulation Market Size & Outlook, 2023-2030
Japan insulation market, 2018-2030 (US$M)
Related Markets
Japan insulation market highlights
- The Japan insulation market generated a revenue of USD 3,102.8 million in 2023 and is expected to reach USD 4,876.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Insulation market data book summary
| Market revenue in 2023 | USD 3,102.8 million |
| Market revenue in 2030 | USD 4,876.5 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | Rockwool AS Class B, Par Pacific Holdings Inc, Knauf |
Other key industry trends
- In terms of revenue, Japan accounted for 4.8% of the global insulation market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China insulation market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 28,837.3 million by 2030.
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Insulation Market Scope
Insulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan insulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insulation market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 18.03% in 2023. Horizon Databook has segmented the Japan insulation market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
The region of Japan has a poor demographics, which needs to be solved by the regional government. The regional government has taken steps to reform and uplift the societies which are in poverty, by providing them with jobs and shelter. Rising infrastructural market in the region is expected to boost the economy of the country significantly.
The unit labor costs in China have tripled since the year 2000, while the same in Japan has remained stagnant. Despite the slip in economy of Japan and the subsequent tax hikes, the construction industry in Japan has been on the rise since the past decade and is expected to continue to do so over the forecast period.
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Target buyers of Japan insulation market databook
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Our clientele includes a mix of insulation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan insulation market , including forecasts for subscribers. This country databook contains high-level insights into Japan insulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan insulation market size, by application, 2018-2030 (US$M)
Japan Insulation Market Outlook Share, 2023 & 2030 (US$M)
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