The eCommerce market in Japan is going through major transformational change as the Japanese are shifting from brick-and-mortar stores to online marketplaces. Online retailers are benefiting from urban density, technically advance customers, developed economies, and a single language is being used for all the purposes in Japan. Besides, Japan’s distribution channel is highly developed, and the small size of the country makes shipping and product delivery much convenient, which is also boosting the ecommerce market in Japan. According to the Renub Research report, Japan Ecommerce Market is expected to reach USD 325.9 Billion by the end of the year 2026.
Globally, Japan’s ecommerce Market is ranked fourth after the United States, China, and the United Kingdom. In the Asia Pacific region, it’s ranked second behind China. Japan’s ecommerce Market is driven by high internet penetration, which is secured by the Hi-tech network infrastructure. Besides, time-saving, an extensive range of product choices in one place, is another reason for the growth of the ecommerce market in Japan.
Read the complete analysis of COVID-19 impact on Japan ecommerce Market in our report
As the government of Japan has declared state of emergency due to pandemic COVID-19, the ecommerce market in Japan is expected to remain disrupted in the first half of 2020. The only supply of essential items is allowed in the country. Japanese are spending mostly on grocery and personal care products; even the median price of the liquid soap has risen in Japan, as citizens are shopping in bulk. COVID-19 is having a catastrophic impact on many non-essential products in Japan. People are avoiding shopping for non-essential items like Apparel, Footwear, Bags & Accessories, but we expect the situation to improve in the second half of 2020. Our research says that from 2021 onwards situation will improve a lot, and growth will again come close to double-digit CAGR.
Companies Performance in Japan Ecommerce Industry
Companies like Amazon Japan, Yahoo Japan, and Rakuten are leading eCommerce platforms in Japan; these companies earn more than 50% of the country’s yearly revenue. Amazon is offering same-day delivery in approximately 80% of Japan’s population, covering nearly 100 Million consumers, which is propelling the eCommerce market in Japan. Segments like Fashion, Electronics, and Media are the most significant purchases by Japanese customers. Travel and Hotel bookings are also done through online methods. Besides, car insurance, grocery purchases, online tickets, and entertainment sales are also gaining popularity.
Renub Research report titled “Japan eCommerce Market, MobileCommerce, Retail, Electronics & Media, Toys, Hobby & DIY, Furniture & Appliances, Food & Personal Care, Digital Services, Company Analysis” captures a detailed analysis of Japan eCommerce Market and provides an all-encompassing analysis of the key growth drivers and challenges.
By Methods: In this report, we have covered both the markets
• Japan eCommerce Market
• Japan mCommerce Market
Japan eCommerce Market has been studied in 3 Product Categories
• Retail
• Service
• Digital Services
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In this report, Japan Ecommerce Market has been covered in 5 Segments of Retail
1. Fashion
2. Electronics & Media
3. Toys, Hobby & DIY
4. Furniture & Appliances
5. Food & Personal Care
Sub-Segments of Retail: All the 5 Ecommerce Segments has been further sub-divided into Retail Sub-segments
1. Fashion
a. Apparel
b. Footwear
c. Bags & Accessories
2. Electronics & Media
a. Consumer Electronics
b. Books, Movies, Music & Games
3. Toys, Hobby & DIY
a. Toys & Baby
b. Sports & Outdoor
c. Hobby & Stationery
d. DIY, Garden & Pets
4. Furniture & Appliances
a. Furniture & Homeware
b. Household Appliances
5. Food & Personal Care
a. Food & Beverages
b. Personal Care
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Email: info@renub.com
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All the companies have been studied from three points
• Overview
• Recent Developments
• Sales Analysis
Company Analysis
• Rakuten
• Amazon Japan
• Kakaku Inc.
• Yahoo Japan
• DMM.com Ltd.
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Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
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