Market revenue in 2022 | USD 12.1 million |
Market revenue in 2030 | USD 22.1 million |
Growth rate | 7.8% (CAGR from 2022 to 2030) |
Largest segment | Wall mounted |
Fastest growing segment | Wall Mounted |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wall Mounted, Free-Standing |
Key market players worldwide | Electric Mirror, LLC, SEURA, Hidden Television, Majestic Mirror & Frame, Lumidesign, Evervue, Videotree |
Wall mounted was the largest segment with a revenue share of 82.64% in 2022. Horizon Databook has segmented the Japan smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
As per the Ministry of Economy, Trade, and Industry (METI), Japan's cosmetics and personal care products market reached approximately USD 40 billion in 2022. This ranking positioned Japan as the world's third-largest market in this industry, following the U.S. and China.
The country boasts an impressive number of beauty care companies, totaling around 3,000, which include renowned global brands like Shiseido, Kao, Kose, and Pola Orbis. This thriving cosmetic market signifies Japan's significant presence and influence in the global beauty industry. This is driving the smart mirrors market in Japan.
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