The self-employed workforce in Japan's accommodation and food services sector is forecasted to decline steadily from 2024 to 2028, starting from 465,000 persons in 2024 to 392,000 persons by 2028. This reflects a year-on-year decrease of approximately 4-5% annually, signifying a consistent downward trend in this sector. As of 2023, the number of self-employed persons stood at 484,000, indicating a continued reduction since then. Over the five-year forecast period, the compound annual growth rate (CAGR) suggests an average decline, emphasizing challenges in sustaining self-employment within this sector.
Future trends to watch include technological advances impacting service delivery, a potential shift towards larger enterprises over self-employment, and evolving consumer preferences possibly affecting market dynamics.
