Wednesday 3 February 2016

BOAT SHOW IN JAPAN PICTURES AND MARKET INFORMATION

 

 

BOAT SHOW IN JAPAN

 JAPAN is listed in the NMMA Power Boat International Resource Guide

 
 

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Overview

The Japanese marine industry is small and the domestic market is at a developing stage. While Japan’s import market is very small, the country exports quite a number of boat engines. U.S. government and U.S. industry association coordination with Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and the Japan Craft Inspection Organization (JCI) has resolved a number of regulatory difficulties, but some obstacles still remain. According to the National Marine Manufacturers Association, Japan is currently the world’s 11th largest boat market, and it should expand with overall economic growth. Another factor that will spur growth will be the retirement of post-war baby-boomers who have extra money and will be looking to spend on leisure activities like boating.

 

 

Market

There are seven boat engine firms for every boating company in Japan, and the engine industry continues to be an important sector in the Japan market.

The size of Japan’s boating market, which includes sailboats, inboard/sterndrive motor boats, other rigid boats, inflatable boats over 2.5 m and 20 kg, and PWC, increased across the board in 2012 compared to the previous year. Boat production, imports, as well as boat exports were strong. Much of the boost came as many people replaced boats damaged by the Great East Japan Earthquake and the tsunami. The duel disasters also created opportunities to rebuild some marinas, which were previously built exclusively for the fishing industry. New marinas are now built to appeal to recreational users as well.


 

 

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