industry trends

Surging Costs Hurt Domestic Market for Rubber and Plastic Hoses

Manufacturers of industrial rubber products have seen their revenues of late driven down by rising distribution and raw material costs. The impact of this has been particularly large for rubber and plastic hoses, which require significant labor to transport due to their shape and so incur higher delivery costs than other rubber products. This has then combined with sharp cost...

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JRW Study: Japan’s Top 100 Rubber Firms See Rising Sales, Falling Profits for 2017

More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...

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JRW Survey: Industry Leaders Raise Concerns Over Raw Material Price Hikes, Labor Shortages

Japan Rubber Weekly recently conducted a survey on business conditions in the rubber and resin industries, targeting 157 major domestic product manufacturers. With 115 of these companies sending back answers, the response rate was 73.2 percent. The results showed that while business conditions are fair, respondents are concerned by labor shortages, surging logistics costs and trends to raw material prices....

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