Home renovation market size in Japan 2012-2021

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

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Source

Release date

August 2020

Region

Japan

Survey time period

2012 to 2019

Supplementary notes

*Forecast.

All figures are estimates calculated by the source.

Survey objects were companies in the business of home renovation.

1 Japanese yen equals 0.0096 U.S. dollars or 0.0079 euros as of December 2020.

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