In 2023, sales in social insurance and welfare in stock companies in Japan were below 5.43 trillion JPY. From 2024, sales are expected to rise steadily, reaching 5.9766 trillion JPY by 2028. The year-on-year growth rates are approximately 2.6% for 2025, 2.48% for 2026, 2.37% for 2027, and 2.27% for 2028, showing a slight deceleration in growth. The compounded annual growth rate (CAGR) over the forecast period is approximately 2.5%.
Future trends to watch for:
- Potential policy changes affecting social insurance and welfare funding.
- Demographic shifts, including an aging population, impacting demand dynamics.
- Technological advancements improving efficiency in service delivery.
- Economic factors that could influence corporate participation in social welfare initiatives.
