Logistics industry market size in Japan FY 2019-2025
In the fiscal year 2023, the prospected sales value of businesses operating in the logistics market in Japan was approximately 23.4 trillion Japanese yen, increasing from about 24.37 trillion yen in the preceding fiscal year. The forecast figures rebound to roughly 24.85 trillion yen by 2025 as the economy recovers from the slump inflicted by the COVID-19 pandemic. According to the source, accompanied lifestyle changes fostered the demand for last mile delivery and logistics, for example, mail-order food business, partially offsetting the decrease in external demand for exports.