The import volume of bearing housings without ball or roller bearings, including plain shaft bearings, to Japan is predicted to grow steadily from 16.366 million kilograms in 2024 to 17.146 million kilograms in 2028. In 2023, the import volume stood at 16.166 million kilograms. The year-on-year growth is projected around 1.23% from 2024 to 2025, and about 1.19% from 2025 to 2026, indicating a consistent upward trend. The overall Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 1.17%.
Future trends to watch include:
- Technological advancements in bearing design and material may alter demand.
- Global supply chain developments could impact import dynamics.
- Sustainability trends may shift preferences towards eco-friendlier options.
