The number of self-employed persons in Japan’s rubber and plastics products, and other non-metallic mineral products sector is projected to steadily decline from 2024 to 2028, with a forecasted decrease from 127,000 persons in 2024 to 124,000 persons in 2028. Comparing annual forecasts, the number remains stable from 2024 to 2025, decreases by 0.79% in 2026, and continues to decline by around 0.79% annually. The Compound Annual Growth Rate (CAGR) over the forecasted period is approximately -0.59%, indicating a slight but consistent downward trend.
Future trends to watch for:
- Technological advancements could further decrease demand for self-employment in traditional manufacturing sectors.
- Policy changes, such as support for entrepreneurship, may alter this trend.
- Global economic fluctuations affecting export demand could impact employment levels.
