Japan: property management market size 2023

In the fiscal year 2022, the turnover of the Japanese building management market amounted to 4.59 trillion Japanese yen. The market was forecast to expand to 4.65 trillion yen in fiscal 2023. The building maintenance market offers maintenance services for residential and non-residential buildings in Japan, with office buildings representing the largest client base.

Size of the building management service market in Japan from fiscal year 2014 to 2022 with a forecast for 2023 (in trillion Japanese yen)

Characteristic	Market size in trillion Japanese yen
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Release date

October 2023

More information

Region

Japan

Survey time period

fiscal years 2014 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

based on the value of prime contract work

Supplementary notes

*Forecast.

The building management market encompasses building management services, including cleaning, facility/equipment management, security, and other works such as repair and renovation works, provided by building management companies.

Figures prior to fiscal year 2018 are from previous reports.

100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of October 2023.

Values have been rounded.

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