The import of Gypsum, Anhydride and Gypsum Plaster to Japan is set to follow a steady upward trajectory from 2024 to 2028, with the market value estimated to increase from $107.39 million in 2024 to $115.58 million in 2028. This reflects a consistent year-on-year growth. In 2023, the value stood at $105.3 million, giving a forecasted compound annual growth rate (CAGR) of approximately 1.9% over five years.
Future trends to watch include:
- Economic factors influencing construction demand in Japan.
- Regulatory changes affecting import tariffs and sustainability standards.
- Technological advancements in alternative building materials.
