The item sharing economy market as part of the sharing economy in Japan amounted to approximately 248 billion Japanese yen in fiscal year 2019. The market, defined by transactions between consumers to enable joint property or shared use of goods like vehicles, fashion, hobby equipment and others, was forecasted to reach around 529 billion yen in fiscal 2026.
Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026
(in billion Japanese yen)
Characteristic
Market size in billion Japanese yen
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fiscal years 2019 and 2020; the Japanese fiscal year runs from April 1 of each stated year to March 31 of the following year
Supplementary notes
*Estimate based on the market size as of July 2020. **Forecast.
The sharing economy market size is based on the transaction value between owners and users using sharing services. The sharing economy includes the joint use or possession of the shared good (items, space, human resources, money and other services) mediated over the internet between individuals. Excluding store based rental services safe keeping a shared good and B2B restricted joint ownerships, commercial transactions and direct exchanges between neighbors.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Nomura Research Institute. (December 17, 2020). Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026 (in billion Japanese yen) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/
Nomura Research Institute. "Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026 (in billion Japanese yen)." Chart. December 17, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/
Nomura Research Institute. (2020). Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026 (in billion Japanese yen). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/
Nomura Research Institute. "Value of The Item Sharing Economy Market in Japan in Fiscal Years 2019 and 2020 with Forecasts until 2026 (in Billion Japanese Yen)." Statista, Statista Inc., 17 Dec 2020, https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/
Nomura Research Institute, Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/ (last visited July 22, 2024)
Value of the item sharing economy market in Japan in fiscal years 2019 and 2020 with forecasts until 2026 (in billion Japanese yen) [Graph], Nomura Research Institute, December 17, 2020. [Online]. Available: https://www.statista.com/statistics/1026383/japan-shared-goods-market-size/
