Market Trends of Japan Home Furniture Industry
Expansion of Single Person Homes
The way people live has a big impact on the future of the furniture manufacturing industry in Japan. A growing trend in the country is an increase in the number of one-person homes. This is one of the main changes in culture and lifestyle that are driving up the demand for furniture in the country.
Single-person homes are the fastest-growing household type in Japan, and they may soon surpass them as the country's largest. Because singles use less room, they can save money on rent and home construction. Furniture must be both aesthetically beautiful and functional due to the restricted area. Storage cabinets are popular among singles in tiny houses, and demand for a variety of other movable furniture may expand. Japanese furniture market sectors have the potential to develop, particularly for low-cost goods meant for singles in small spaces, such as drawers, cabinets, fold-away dining tables, and dining chairs, which are predicted to boost demand for furniture in the nation.
Living Room and Dining Room Furniture Segment Driving the Market
Furniture for the living room and dining room, as well as bedroom and kitchen furniture, is in great demand in Japan at the moment. With new housing units being created around the country and a rise in per capita disposable income for consumers, the demand for home furnishings is increasing.
An increase in the number of household units and population migration are additional factors driving this expansion. Spending on dining room furniture is also pretty consistent in the country, but it's not as much as spending on bedroom furniture. China, Vietnam, and other Southeast Asian countries supply virtually all of Japan's bedroom furniture.
