Household expenditure on video recorders and players in Japan has shown a significant decline, based on forecast data from 2024 to 2028. In 2023, the expenditure stood at 541.75 Yen. The year-on-year percentage variations indicate sharp declines: a 18.2% drop in 2025, a 28.2% drop in 2026, a 38.6% drop in 2027, and a 61.6% drop in 2028. Over the last five years, the compound annual growth rate (CAGR) is negative, highlighting the downward trend at an average annual rate of -35.8%.
Future trends to watch for include a continued shift towards digital streaming services, advancements in smart home technology, and emerging new media consumption habits. These factors are likely to further diminish the demand for traditional video recorders and players.
