Internal tourism expenditure in Japan on tourism-related products stood at 9.80 trillion Japanese Yen in 2023. Forecasts for the period from 2024 to 2028 show a steady increase from 9.8599 trillion yen in 2024 to 10.099 trillion yen by 2028. The year-on-year variations from 2024 to 2028 are modest but positive, indicating a resilient market with incremental growth.
Important year-on-year variations:
• 2024 to 2025: 0.63% increase
• 2025 to 2026: 0.61% increase
• 2026 to 2027: 0.59% increase
• 2027 to 2028: 0.58% increase
Last Four Years CAGR: 0.75%
Future trends to watch for include the impact of potential economic factors, evolving consumer preferences, and government policies aimed at boosting domestic tourism. Additionally, technological advances in travel and tourism services may further influence future spending patterns.
