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The Japanese luxury market is one of the fastest growing in all of Asia. Increased interest in luxury goods by millennials and GenZ are boosting the industry. Not only prestigious foreign brands are on the rise, but local luxury goods are also in high demand.
Japan is the second largest jewellery market in the world, despite this fact the industry has remained flat over the past few years, and in the long term it is shrinking. This can be attributed to the decline in inbound demand from foreign visitors to Japan as well as the decline of domestic consumers and the tendency to marry later in life.
About the Report This report titled "Opportunities for European SMEs on the Japanese...
About the Report The aim of this report is to: (a) present an overview of trends and...
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