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Hardware Store Update from the Japan DIY Industry Association

August 10, 2017

Information provided by the Japan DIY Industry Association shows remarkable development in the sales and number of DIY stores/home centers in Japan since the first DIY store was opened in the country over 40 years ago. There are now over 4,500 DIY stores/home centers in Japan with annual general proceeds reaching 3.95 trillion yen.

Annual general proceeds & number of DIY stores (home centers)

Source: Japan DIY Industry Association

 

Reforming the Housing Market: Growth to 12 trillion Yen by 2025

A basic plan indicating Japan’s housing policy was confirmed on March 18 for the first time in 5 years. The housing market in Japan, including renovations, has not grown as expected. A plan now in place for nearly doubling the market by year 2025 includes the following goals:

  • Reforming/renovations market: 7 trillion Yen (2013) → 12 trillion Yen (2025)
  • Earthquake resistant houses: This will be solved by 2025
  • Energy savings: 6% (2013) → 20% (2025)
  • Market for existing homes: 4 trillion Yen (2013) → 8 trillion Yen (2025)

“Our goal is to double the market for renovated and existing houses but it remains unchanged or only slightly increased. We want to change this.” (The ministry)

Out of 60 million houses in Japan, there are now 30-50 million houses that are not earthquake-proof, energy saving or barrier free. Plans and measures are now in place to reform and fix them.

Moreover, to improve the heat resistance of homes and to promote home improvement projects with health progressions, programs are now offering support and information regarding house renovations and reforming.

Excerpt from The Japan Journal of Remodeling Co., Ltd.

 

Organizational Profile – About the Japan DIY Industry Association and the Japan DIY HOMECENTER SHOW

Japan DIY Industry Association was established on July 18, 1977, as a voluntary organization dedicated to promoting the DIY spirit and developing the related industries. On May 19, 1980 the organization was granted permission by the Japanese Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) to become incorporated as “Japan DIY Industry Association”.

As a non-profit foundation, the association works actively to promote and help develop the DIY industry in Japan. The association’s policy of promoting DIY through united efforts by the manufacturing, wholesale and retail sectors of the DIY industry has been seen successful and the number of corporate members to the association has grown considerably, from 260 companies in 1977 to 473 companies in 2017 (as of March, 2017). The association has 57 retail member companies, which have more than 4,500 home center stores in total all over Japan.

The key industry event for the DIY industry in Japan, the JAPAN DIY HOMECENTER SHOW is an annual event organized by the Japan DIY Industry Association. Established in 1978, JAPAN DIY HOMECENTER SHOW will be for the 53rd edition in 2017. The 2016 show featured 487 exhibitors from Japan and overseas, presenting in 1,061 booths, and hosted 106,966 visitors.

The 2017 JAPAN DIY HOMECENTER SHOW takes place at the MAKUHARI MESSE Hall in Chiba, Japan, on August 24-26. Visit their website for additional information.

Filed Under: All Posts, Global Opportunities, Key Buyer / Market Reports Tagged With: DIY, hardware, Home Centers, Japan

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