The Slow Rise of the Sharing Economy in Japan

Circulate – September 19, 2016

The sharing economy is gaining a great deal of focus globally and is seen to be one of the fastest growing business sectors in most developed economies. However, in Japan, despite continued and steady growth in recent years, it is still in its infancy when compared to other major economies of the world. In a recent report by the Yano Research Institute, it was estimated that the size of the sharing economy market in Japan in 2015 was US$285m and predicted to grow to US$600m by 2020.

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