In 2019, the home renovation market size in Japan was valued at around 6.54 trillion Japanese yen. The market registered a record high in 2013 with home renovation works amounting to almost seven trillion yen, which can be attributed to the announcement of increased consumption taxes in the previous year.
Market size of home renovations in Japan from 2012 to 2019 with a forecast until 2021 (in trillion Japanese yen)
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Yano Research. (August 21, 2020). Market size of home renovations in Japan from 2012 to 2019 with a forecast until 2021 (in trillion Japanese yen) [Graph]. In Statista. Retrieved January 19, 2021, from https://www.statista.com/statistics/1034795/japan-home-renovation-market-size/
Yano Research. "Market size of home renovations in Japan from 2012 to 2019 with a forecast until 2021 (in trillion Japanese yen)." Chart. August 21, 2020. Statista. Accessed January 19, 2021. https://www.statista.com/statistics/1034795/japan-home-renovation-market-size/
Yano Research. (2020). Market size of home renovations in Japan from 2012 to 2019 with a forecast until 2021 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: January 19, 2021. https://www.statista.com/statistics/1034795/japan-home-renovation-market-size/
Yano Research. "Market Size of Home Renovations in Japan from 2012 to 2019 with a Forecast until 2021 (in Trillion Japanese Yen)." Statista, Statista Inc., 21 Aug 2020, https://www.statista.com/statistics/1034795/japan-home-renovation-market-size/
Yano Research, Market size of home renovations in Japan from 2012 to 2019 with a forecast until 2021 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1034795/japan-home-renovation-market-size/ (last visited January 19, 2021)