Fast Market Research

New Market Study Published: Japan Tourism Report Q3 2012

Fast Market Research recommends "Japan Tourism Report Q3 2012" from Business Monitor International, now available

 

Boston, MA -- (SBWIRE) -- 06/04/2012 -- Japan's arrival numbers have grown steadily since 2001. Although they took a hit in 2009, falling to less than 6.66mn after reaching 8.35mn in 2008, arrivals then rebounded in 2010 to 8.45mn. As a result of the devastating earthquake that hit Tohoku on March 11 2011 and the tsunami and nuclear crisis that followed, we cut our outlook for Japan's tourism industry in 2011 and 2012. Previously, BMI forecast 8.99mn and 9.64mn arrivals in 2011 and 2012 respectively. We now estimate arrivals fell in 2011 to 7.99mn, before rising to 8.57mn in 2012 and eventually reaching 11.09mn by 2016. Although arrivals to Japan fell by 57% y-o-y in April 2011, according to the Japanese Tourism Agency (JTA) arrivals in January 2012 recovered to nearly the same level as year ago, demonstrating that the industry is rebounding quickly.

View Full Report Details and Table of Contents

The number of air and sea tourist arrivals continually increased between 2001 and 2007. Tourist arrivals by air were by far the most predominant, with 8.49mn arriving by air in 2007, compared to 666,000 by sea. Leisure arrivals outnumber those visiting Japan for business purposes. In 2009, leisure arrivals totalled 4.40mn, while business arrivals were 1.41mn, both falling from 2008 but picking up in 2010 to 6.06mn and 1.56mn respectively. BMI estimates the number of leisure arrivals dipped in 2011 to 5.63mn due to the natural disasters and we forecast that in 2012 they will begin to rebound, totalling 6.17mn. They should increase slowly thereafter to 8.50mn in 2016, when business arrivals are forecast to reach 1.77mn.

Japan is targeting Chinese tourists and has eased visa regulations for Chinese citizens. Until 2009, visas were only granted to individual Chinese travellers with an annual income of at least CNY250,000 (US$36,600). Given that this is a large sum for most Chinese workers, visitors tended to travel as part of a tour group. However, Japan has lowered the threshold of annual income to CNY60,000 (US$8,780). To deal with the rise in visa applications, all seven Japanese diplomatic offices in China will accept applications, instead of just three previously, and the number of Chinese tour agencies eligible to apply for visas for their customers has increased from 48 to 290.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Consumer Goods research reports at Fast Market Research

You may also be interested in these related reports:

- United Kingdom Tourism Report Q3 2012
- Croatia Tourism Report Q3 2012
- Czech Republic Tourism Report Q3 2012
- Travel and Tourism in Brazil, Key Trends and Opportunities to 2016: Hosting of FIFA World Cup and Olympic Games to Promote Tourism Growth
- Travel and Tourism in China, Key Trends and Opportunities to 2016: Tourism Infrastructure Benefiting From Government Investment
- Travel and Tourism in Russia, Key Trends and Opportunities to 2016: Hosting of Winter Olympics Will Drive Investments In Tourism Infrastructure
- Travel and Tourism in the Philippines, Key Trends and Opportunities to 2016: Government Committed to Increased Investment and Regulatory Change to Promote Tourism Growth
- Czech Republic Tourism Report Q2 2012
- Travel and Tourism in Indonesia, Key Trends and Opportunities to 2016: Public-Private Partnership Investments are Driving Rapid Development of Transportation Infrastructure
- Travel and Tourism in Mexico, Key Trends and Opportunities to 2016