Luxury Goods

The Japanese luxury market is one of the fastest growing in all of Asia. Increased interest in luxury goods by millennials and foreign tourists are boosting the industry with two-digit growth rates.

Japan’s cosmetic market is growing at a fast pace, and companies are observing a steady increase in their sales. Japan’s domestic cosmetics market attained a value of 2,471 billion yen in FY2016, an increase of 2.9% relative to the previous year.

Japan is the third largest jewellery market in the world. With a large customer base willing to spend much on precious objects, the Japanese jewellery market is thriving once again.