Focus: Asia Franchise Markets April 2016 | Page 18

Benefits of opening a franchise in Japan. Japan Market ҉ 2015 World Nos. 1 Country Brand ҉ The Trend Setter for Asia ҉ 19.74 Million Tourists in 2015 ҉ $29.6 Billion Tourist Dollars in 2015 ҉ $1.48 Trillion Retail Market ҉ World’s 3rd largest Consumer Market ҉ Largest Urban Area in the World ҉ TPP Trade Agreement Japan is the gateway into Asia with a sophisticated trend-setting market. A well researched, competitive brand can turn billions of yen in sales in a few years. A Japan franchise consultant can help you understand the market and the best entry methods. Japan is a huge market with one of the world's largest economies and biggest, densest populations. The Japanese consumer is constantly becoming more westernised and open to experiencing new brands and products, so the Japanese market remains a rewarding investment target for overseas companies. In particular the Japanese market offers a wide range of lucrative opportunities to sell products and services that offer luxury, convenience, originality, health, quality and educational benefits. Additional factors: With Japan joining the TPP this will greatly reduce the barriers of entry and encourage a greater movement of goods and services. The Government of Japan also actively promotes inward foreign direct investment and has established numerous grants and tax relief programs for overseas companies looking to expand into the Japanese market.