Market Background

Rubber Industry Forecast ’16 (Part 3)—One-Third of Traders Expect Stagnation

Trading Companies Part 1—A recent survey of trading companies in Japan conducted by Japan Rubber Weekly found that about 70 percent of respondents saw tough times ahead in 2016. The survey of 330 trading companies in Japan received 203 responses (62 percent response rate). Trading companies play a crucial role in Japan’s distribution.

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Rubber Industry Forecast ’16 (Part 2)—50% of Manufacturers Expect Higher Sales

Manufacturers Part 2—Under 1 percent of respondents answered that they expect "double-digit growth" for "forecast (planned) 2016 net sales," while roughly half the companies, or 48 percent, forecast "single-digit growth." A total of only 14 percent of respondents forecast either "single-digit" or "double-digit" declines in revenues.

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Rubber Industry Forecast ’16 (Part 1)—Manufacturers Expect Stable or Better Performance

Manufacturers Part 1—A recent survey conducted by Japan Rubber Weekly found that over half of respondents, or 54 percent, expect the rubber industry's performance to remain "stable" in 2016, while 23 percent believe it will be "somewhat better" or "better." Meanwhile, 21 percent responded that it will be "somewhat worse" or "worse."

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Sports Shoes Ride Popularity of Running and Growing Demand for Footwear

Thanks to a booming sports lifestyle market beginning at the start of the 21st century, demand for sports shoes in Japan recovered, with sales in 2002 reaching 42 million pairs. However, from 2006 onward, there were no particularly popular categories or hit models. Amidst excess inventory and a slack market, sports shoes sales dropped to 37 million pairs in 2008...

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Japanese Retail Shoe Market Maintains 4 Billion-Pair Pace in 2015

The size of the retail shoe market in Japan (excluding slippers and sandals) is at around 1.6 trillion yen, with 400 million or so pairs being sold. This comes after a slump from the late 1990s to the early 2000s during a lengthy economic slowdown, when the market shrank to 1.49 trillion yen in 2002, a year in which over...

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Special Update on CR Manufacturers (Part 2)

(Continued from part 1 published Dec. 23, 2015)   Showa Denko K.K (TYO:4004) will continue strengthening its sales strategy for chloroprene rubber (CR) in the U.S. The company has had a joint CR production venture in the U.S. with E.I. du Pont de Nemours and Company (DuPont) and has led the industry in meeting user needs for discontinued DuPont grades and...

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