Japan: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in Japan

The Japanese textile wall covering market rose modestly to $X in 2023, surging by X% against the previous year. In general, consumption saw strong growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Textile Wall Covering Production in Japan

In value terms, textile wall covering production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Textile Wall Covering Exports

Exports from Japan

After three years of decline, shipments abroad of textile wall coverings increased by X% to X square meters in 2023. In general, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X square meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, textile wall covering exports skyrocketed to $X in 2023. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for textile wall covering exports from Japan, accounting for a X% share of total exports. Moreover, textile wall covering exports to the United States exceeded the volume sent to the second major destination, China (X square meters), more than tenfold. The third position in this ranking was taken by Belgium (X square meters), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Belgium (X% per year).

In value terms, the United States ($X) remains the key foreign market for textile wall coverings exports from Japan, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2023, the average textile wall covering export price amounted to $X per square meter, jumping by X% against the previous year. Over the period under review, the export price saw a strong increase. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($X per square meter) and Belgium ($X per square meter), while the average price for exports to China ($X per square meter) and the United States ($X per square meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wall Covering Imports

Imports into Japan

Textile wall covering imports into Japan skyrocketed to X square meters in 2023, increasing by X% against the previous year's figure. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, textile wall covering imports contracted sharply to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Italy (X square meters), Belgium (X square meters) and the Netherlands (X square meters) were the main suppliers of textile wall covering imports to Japan, together accounting for X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wall covering suppliers to Japan were Italy ($X), Belgium ($X) and the Netherlands ($X), together accounting for X% of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile wall covering import price stood at $X per square meter in 2023, shrinking by X% against the previous year. Overall, the import price showed a deep downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2016 to 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were India ($X per square meter) and the Netherlands ($X per square meter), while the price for the United States ($X per square meter) and South Korea ($X per square meter) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform