Market Overview
The Japan real estate market size is projected to exhibit a growth rate (CAGR) of 2.88% during 2024-2032. The rising demand for residential and commercial properties during periods of economic expansion, significant demographic changes, and international investment trends represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2032 |
2.88% |
Real estate refers to property consisting of land and any physical structures built on it, including residential, commercial, or industrial buildings. It encompasses a wide range of assets, such as houses, apartments, office spaces, retail stores, warehouses, and vacant land. Real estate is a tangible asset class that holds value and can be bought, sold, or leased. The ownership of real estate grants individuals or entities the right to use, occupy, or develop the property for various purposes. Residential real estate is primarily used for housing, while commercial real estate is intended for business activities. Industrial real estate is focused on manufacturing and storage facilities. Land, on the other hand, can be used for various purposes, such as agriculture, development, or conservation. Real estate is a crucial component of the economy, as it serves as a store of value, facilitates economic activities, and provides housing and workspace for individuals and businesses.
Japan Real Estate Market Trends:
Government policies and regulations over real estate investment represents one of the key factors driving the growth of the real estate market in Japan. The government is implementing various measures to stimulate real estate investment, such as tax incentives and deregulation which is boosting the growth of the market. In addition to this, the government's infrastructure projects, urban development initiatives, and regional revitalization programs are influencing property prices and market activity in specific areas, which is contributing to the growth of the market. In line with this, economic growth, inflation, interest rates, and unemployment rates are directly impacting the demand for real estate, which is acting as a major growth-inducing factor. The market is also driven by the rising demand for residential and commercial properties during periods of economic expansion, such as increased consumer spending and business investments. Apart from this, the market is also being driven by significant. For instance, the increasing aging population and a declining birth rate in the country are resulting in changes in housing demand. The demand for larger homes suitable for families is decreasing, while there is an increased need for smaller, more affordable housing options for single individuals and elderly residents, which is positively influencing the growth of the market. This is further leading to shifts in the types of properties being developed and the locations where they are in demand. Moreover, cultural preferences and lifestyle choices, international investment trends, foreign exchange rates, and global economic conditions, are some of the other factors creating a positive outlook for the market across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Japan real estate market report, along with forecasts at country level from 2024-2032. Our report has categorized the market based on property, business, and mode.
Property Insights:
- Residential
- Commercial
- Industrial
- Land
The report has provided a detailed breakup and analysis of the market based on the property. This includes residential, commercial, industrial, and land.
Business Insights:
A detailed breakup and analysis of the market based on the business has also been provided in the report. This includes sales and rental.
Mode Insights:
A detailed breakup and analysis of the market based on the mode has also been provided in the report. This includes online and offline.
Regional Insights:
- Kanto
- Kinki
- Central/Chubu
- Kyushu-Okinawa
- Tohoku
- Chugoku
- Hokkaido
- Shikoku
A detailed breakup and analysis of the market based on the region has also been provided in the report. This includes Kanto, Kinki, Central/ Chubu, Kyushu-Okinawa, Tohoku, Chugoku, Hokkaido, and Shikoku.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the Japan real estate market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report.
Japan Real Estate Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Property
- Business
- Mode
- Region
|
Properties Covered |
Residential, Commercial, Industrial, Land |
Businesses Covered |
Sales, Rental |
Modes Covered |
Online, Offline |
Regions Covered |
Kanto, Kinki, Central/ Chubu, Kyushu-Okinawa, Tohoku, Chugoku, Hokkaido, Shikoku |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Japan real estate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan real estate market?
- What is the breakup of the Japan real estate market on the basis of property?
- What is the breakup of the Japan real estate market on the basis of business?
- What is the breakup of the Japan real estate market on the basis of mode?
- What are the various stages in the value chain of the Japan real estate market?
- What are the key driving factors and challenges in the Japan real estate market?
- What is the structure of the Japan real estate market and who are the key players?
- What is the degree of competition in the Japan real estate market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Japan real estate market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the Japan real estate market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Japan real estate industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.