The forecast for the import of tableware and kitchenware of wood to Japan shows a steady decline from 2024 to 2028. In 2023, the import volume stood at 98.195 million kilograms. Moving forward, the import volume is expected to decrease year-on-year by 0.31% in 2024, 0.31% in 2025, 0.30% in 2026, 0.30% in 2027, and 0.30% in 2028. Over a five-year period, the compound annual growth rate (CAGR) indicates an average annual decline of approximately -0.3%.
Future trends to watch for:
- Potential changes in consumer preferences towards more sustainable and locally sourced kitchenware, impacting import volumes.
- Economic factors such as tariff adjustments and trade policies which may affect the cost and volume of imports.
- Technological advancements and new material innovations that could offer alternatives to wooden kitchenware, reducing demand.