Forecast: Subcontracted Employees in Real Estate Lessors, Except House and Room Lessors in Japan

The number of subcontracted employees in the real estate lessors sector, excluding house and room lessors in Japan, is forecasted to slightly decline from 2024 to 2028. Starting from 6.92 thousand persons in 2024, it decreases gradually to 6.74 thousand by 2028, indicating a continuous but mild downward trend. The year-on-year variation maintains a consistent decline of around 0.5% over the forecasted period. The latest data from 2023 shows a comparable pattern as it aligns closely with these forecasts, suggesting stability despite a minor downward trajectory. The compound annual growth rate (CAGR) over the five-year period highlights this stable decrease.

Looking ahead, trends to monitor include Japan's demographic shifts, technological advancements in real estate, and potential regulatory changes. These factors could further influence subcontracting needs and reshape workforce dynamics in the industry.