Product Code: ETC382642 | Publication Date: Aug 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Despite a decline in CAGR and a significant drop in growth rate from 2023 to 2024, Japan's horsehair import market continued to be dominated by China and the UK in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. This suggests that these top exporting countries hold a strong position in supplying horsehair to Japan. It will be important for market players to monitor these trends closely and potentially explore strategies to diversify sources and stimulate growth in the market.