Japan is the ultimate consumer-led society. Japanese people still spend a huge amount of their income on consumer goods. At 80% this is far higher than other comparable developed economies. Consumer trends rise and then fall rapidly setting the pace for the rest of Asia, and young professionals are a key segment for retailers. However, the amount of wealth tied up in households means that the highest-consuming age bracket are 60 to 70 year olds.
We have created more in-depth information for UK companies in key sub-sectors of interest:
- UK fashion brands and designers continue to make a huge impact on this fashion-obsessed nation
- British designers and design companies are appreciated from architects to giftware to consumer design
- Food & drink companies from around the UK are making inroads into this competitive market which has an appreciation for authentically British products