The non-residential wooden construction market in Japan reached a size of 595.2 billion Japanese yen in the fiscal year 2021. The market was forecasted to recover from the decline of recent years and reach 770 billion yen in fiscal year 2025. Wood has traditionally been an important building material in Japan and is still commonly utilized for the construction of detached houses. The Japanese government has been promoting the use of wood in public constructions below a certain height.
Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025
(in billion Japanese yen)
fiscal years 2012 to 2021; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
market size is based on estimated construction expenses
Supplementary notes
*Forecasts.
Research targets were businesses constructing non-residential wooden buildings (general constructors, home builders, structural material makers, laminated wood makers, building material manufacturers, etc.). The market value has been estimated using the estimated cost of construction starts for industrial constructions. These include offices, shops, factories, warehouses, school buildings, and hospitals and clinics.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022. Values have been rounded.
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Yano Research. (October 6, 2022). Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025 (in billion Japanese yen) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/
Yano Research. "Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025 (in billion Japanese yen)." Chart. October 6, 2022. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/
Yano Research. (2022). Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025 (in billion Japanese yen). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/
Yano Research. "Size of The Non-residential Wooden Construction Market in Japan from Fiscal Year 2012 to 2021 with a Forecast until 2025 (in Billion Japanese Yen)." Statista, Statista Inc., 6 Oct 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/
Yano Research, Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025 (in billion Japanese yen) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/ (last visited September 20, 2024)
Size of the non-residential wooden construction market in Japan from fiscal year 2012 to 2021 with a forecast until 2025 (in billion Japanese yen) [Graph], Yano Research, October 6, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/879005/japan-non-residential-wooden-construction-market-size/