In 2023, the sales in the real estate and goods rental and leasing industry with 100-299 persons stood at a significant base point not explicitly stated here. Forecasts from 2024 to 2028 indicate a modest, steady growth in this sector, with values increasing each year beginning at 5.627 trillion JPY in 2024 and reaching 5.7745 trillion JPY by 2028. The year-on-year growth reflects a positive trend, with small increments suggesting a stable market. The compound annual growth rate (CAGR) for this period is an indicator of the average growth per year over the last five years.
Future trends to watch include:
- Potential impacts of digital transformation on real estate transactions and rental services.
- Changes in demographic trends, such as urbanization and aging population, influencing rental demands.
- Regulatory developments affecting market dynamics, particularly in sustainability and real estate taxation.
- Emerging competition from alternative rental models and proptech innovations.
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