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Home renovation market size in Japan 2014-2023

Published by Statista Research Department, Dec 7, 2022
In 2021, the home renovation market size in Japan was estimated at around 6.9 trillion Japanese yen, up from 6.5 trillion yen in the previous year. The market was forecast to decline to 6.5 trillion yen in 2022.

Market size of home renovations in Japan from 2014 to 2021 with a forecast until 2023 (in trillion Japanese yen)

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Sources

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Release date

July 2022

Region

Japan

Survey time period

2013 to 2021

Supplementary notes

*Forecasts.

All figures are estimates calculated by the source.
Survey objects were companies in the home renovation business.
Figures refer to renovation works ordered and paid for by residents. Excluding renovation works ordered by owners to attract tenants and major renovations of condominium buildings paid for from reserve funds.


100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.

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