The production of transportation and warehousing in Japan showed fluctuating growth, starting at 43.578 trillion yen in 2013 and reaching 49.711 trillion yen in 2023. The sector experienced a major dip in 2020 due to a 16.31% decline but rebounded strongly in 2021 with a 15.28% increase. The last two years before 2024 showed steady growth with year-on-year variations of 6% in 2022 and 0.68% in 2023. The last five-year CAGR stands at 0.64%, indicating moderate average growth.
Future trends to watch for include:
- Technological advancements such as automation and digitization.
- Sustainability initiatives aimed at reducing carbon emissions.
- The impact of geopolitical changes on global supply chains.
- Possible influence from changes in consumer behavior post-pandemic.
Latest reports
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