Five facts about the Japanese paint market

Japan is one of the largest coatings markets in Asia and one of the most mature - it needs to be studied carefully. We have compiled five interesting facts.
Japan is the first very mature country in the world
china
. It is known for its large automobile manufacturers and for its shipbuilding and technology companies. Many Western countries have adopted the philosophy of Japanese manufacturing because it is well known that Japan is very effective. All of these powerful industries have a high demand for coatings, creating a large coatings market.
market size
the Japanese paint market is worth about 5.2 billion euros, ranking second in Asia. Only China has a higher-value market. In terms of volume, Japan ranks third behind China and India, producing 1,674m tonnes a year.
per capita consumption of paints and coatings
consumption per capita in Japan is 14,7 kg per year. For a fully industrialized country, this value is relatively low. Germany, for example, consumes 21 kg per capita. On the other hand, you can find countries like India that use 4 kg per capita per year.
japan's most important
, the construction market, like many other countries, is the most important consumer of paints and coatings. The map also shows that Japan has a very strong automotive industry and is the country's second largest paint user.
Japanese paint manufacturers
relatively few companies that manufacture coatings. About 200 companies are currently active in Japan.
japan is an exporter and
is known for its strong export-oriented economy. Of course, the same is true of the coatings industry. The country's exports are twice as large as its imports. The difference in values is even more profound because the country mainly exports high-grade coatings and imports only low-quality products at lower prices.