Pharmaceutical Rubber Articles Market in Japan
Market Overview
The Japanese pharmaceutical rubber articles market was estimated at $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a remarkable increase. Pharmaceutical rubber articles consumption peaked at $ in ; however, from to , consumption remained at a lower figure.
In value terms, pharmaceutical rubber articles production rose rapidly to $ in estimated in export price. Overall, production showed a buoyant increase. The growth pace was the most rapid in 2008 when the production volume increased by % against the previous year. Pharmaceutical rubber articles production peaked at $ in ; however, from to , production stood at a somewhat lower figure.
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a remarkable increase. Pharmaceutical rubber articles consumption peaked at $ in ; however, from to , consumption remained at a lower figure.In value terms, pharmaceutical rubber articles production rose rapidly to $
in estimated in export price. Overall, production showed a buoyant increase. The growth pace was the most rapid in 2008 when the production volume increased by % against the previous year. Pharmaceutical rubber articles production peaked at $ in ; however, from to , production stood at a somewhat lower figure.Consumption
Pharmaceutical rubber articles consumption in Japan reached units in , picking up by % compared with the year before. Overall, the total consumption indicated a pronounced expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. Over the period under review, consumption reached the maximum volume at units in 2015; however, from 2016 to , consumption remained at a lower figure.
The value of the pharmaceutical rubber articles market in Japan rose sharply to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a remarkable increase. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption stood at a somewhat lower figure.
units in , picking up by % compared with the year before. Overall, the total consumption indicated a pronounced expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against indices. Over the period under review, consumption reached the maximum volume at units in 2015; however, from 2016 to , consumption remained at a lower figure.The value of the pharmaceutical rubber articles market in Japan rose sharply to $
in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a remarkable increase. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for hygienic or pharmaceutical articles of rubber in Japan, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of pharmaceutical rubber articles in Japan were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for pharmaceutical rubber articles.
Trade Balance
Japan remains a net importer of pharmaceutical rubber articles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $.
. In , there was a significant trade deficit of units, which was equal to $.
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