The forecast data for sales in eating and drinking places with 100-299 persons in Japan indicates a steady decline from 2024 to 2028, decreasing from 393.8 billion yen in 2024 to 381.17 billion yen in 2028. The year-on-year percent change is approximately -0.83% from 2024 to 2025, -0.81% from 2025 to 2026, -0.81% from 2026 to 2027, and -0.79% from 2027 to 2028. The compound annual growth rate (CAGR) over these years is approximately -0.82%. The consistent decline suggests an overall downward trend for this segment in the industry.
Future trends to watch for:
- Adapting to shifting consumer preferences towards healthier dining options.
- Potential impacts of labor shortages and increasing wages on operational costs.
- Technological advancements in food delivery and in-restaurant technologies enhancing customer experience.
- The influence of tourism recovery on the dining industry post-pandemic.
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