The forecasted import of household and laundry-type washing machines to Japan, with a dry capacity not exceeding 10 kg, non-automatic, and without a built-in drier, starts at 1.9 thousand units in 2024. By 2028, imports are expected to decline to 0.42 thousand units. In 2023, the actual import stood higher than in 2024, marking a downward trend.
The year-on-year variations predict consistent declines: 2025 (-20%), 2026 (-25%), 2027 (-32%), and 2028 (-46%). The compound annual growth rate (CAGR) over the five years is negative, indicating a consistent reduction in imports.
Future trends to watch for include shifts in domestic production capacities in Japan, changes in consumer preferences towards more automated or energy-efficient models, and evolving environmental regulations that could impact imports. Additionally, economic factors could influence the overall market dynamics and import volumes.
