Hospitality Market – Japan
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 24.4 Billion
Market Forecast in 2033: USD 27.0 Billion
Market Growth Rate: 1% (2025-2033)
According to the latest report by IMARC Group, “Japan hospitality market size reached USD 24.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 27.0 Billion by 2033, exhibiting a growth rate (CAGR) of 1% during 2025-2033.”
Get Your Free Sample PDF Now: https://www.imarcgroup.com/japan-hospitality-market/requestsample
Japan Hospitality Industry Trends and Drivers:
Japanese hospitality market is also slowly recovering and transforming after the COVID-19 pandemic has affected international tourism greatly. The growth rate is still low at 1% CAGR, but the market is being boosted by the slow recovery of international visitors and the government returning to the task of marketing Japan as a top tourist destination. The cultural heritage, culinary perfection, and seasonal delights of the country still attract tourists worldwide, especially other Asian countries. Also, the steady recovery of hospitality is being boosted by major international events and the constant development of new tourism infrastructure in Japan.
The industry is highly modernizing as more people start using digital technologies and contactless services that gained critical importance during the pandemic. Hotels are investing in smart room technology, mobile check-in, and AI-assisted customer service applications to improve the experience of their guests without sacrificing health and safety standards. The rising popularity of domestic tourism due to governmental efforts such as the Go To Travel campaign and other local tourism programs is offering the much-needed boost to the hospitality industry. Moreover, the growing popularity of experiential tourism and unique accommodation opportunities, such as traditional ryokans and boutique hotels, is generating new sources of income and capturing the interest of tourists in search of the authentic Japanese experience. Corporate travel recovery and the re-emergence of business conferences and business events are also helping the market.
Japan Hospitality Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan Hospitality market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Type:
- Chain Hotels
- Independent Hotels
Breakup by Segment:
- Service Apartments
- Budget and Economy Hotels
- Mid and Upper Mid-scale Hotels
- Luxury Hotels
Regional Insights:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
Request Customization for More Targeted Market Insights: https://www.imarcgroup.com/request?type=report&id=12719&flag=E
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan Hospitality industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact:
Street: 563-13 Kamien
Area: Iwata
Country: Tokyo Japan
Postal Code: 4380111
Email: sales@imarcgroup.com
著者について
