In 2024, the retail value of the imported luxury brands market in Japan was forecast to reach a decade-high of around 4.4 trillion Japanese yen. Clothes and accessories accounted for the majority of luxury brand goods imported to the Japanese market.
Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024
(in trillion Japanese yen)
the market size is calculated based on retail amounts
Supplementary notes
*Forecast.
Research targets were trading firms, manufacturers, and retailers importing products such as clothing, accessories, watches, jewelries, crystal/china/porcelains, eyewear, and writing materials produced by European and U.S. brands, in addition to Japanese arms of such brands. The imported luxury brands indicate the following 15 items: women's clothing, men's clothing, babies' clothing, bags and leather goods, shoes, ties, scarves/shawls/handkerchiefs, clothing made from leather, belts, gloves, watches, jewelries, crystals/china/porcelains, eyewear and writing materials imported from the U.S. or Europe.
100 Japanese yen equal 0.69 U.S. dollars or 0.62 euros as of October 2024. Values have been rounded.
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Yano Research. (October 1, 2024). Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/
Yano Research. "Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen)." Chart. October 1, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/
Yano Research. (2024). Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/
Yano Research. "Retail Value of The Imported Luxury Brands Market in Japan from 2014 to 2023 with a Forecast for 2024 (in Trillion Japanese Yen)." Statista, Statista Inc., 1 Oct 2024, https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/
Yano Research, Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/ (last visited November 21, 2024)
Retail value of the imported luxury brands market in Japan from 2014 to 2023 with a forecast for 2024 (in trillion Japanese yen) [Graph], Yano Research, October 1, 2024. [Online]. Available: https://www.statista.com/statistics/747686/japan-imported-luxury-brands-market-size/