Japan Smart Mirror Market Size & Outlook, 2022-2030
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Japan smart mirror market highlights
- The Japan smart mirror market generated a revenue of USD 12.1 million in 2022 and is expected to reach USD 22.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, wall mounted was the largest revenue generating installation type in 2022.
- Wall Mounted is the most lucrative installation type segment registering the fastest growth during the forecast period.
Smart mirror market data book summary
| Market revenue in 2022 | USD 12.1 million |
| Market revenue in 2030 | USD 22.1 million |
| Growth rate | 7.8% (CAGR from 2022 to 2030) |
| Largest segment | Wall mounted |
| Fastest growing segment | Wall Mounted |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wall Mounted, Free-Standing |
| Key market players worldwide | Electric Mirror, LLC, SEURA, Hidden Television, Majestic Mirror & Frame, Lumidesign, Evervue, Videotree |
Other key industry trends
- In terms of revenue, Japan accounted for 2.4% of the global smart mirror market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart mirror market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 18.1 million by 2030.
Wall mounted was the largest segment with a revenue share of 82.64% in 2022. Horizon Databook has segmented the Japan smart mirror market based on wall mounted, free-standing covering the revenue growth of each sub-segment from 2017 to 2030.
As per the Ministry of Economy, Trade, and Industry (METI), Japan's cosmetics and personal care products market reached approximately USD 40 billion in 2022. This ranking positioned Japan as the world's third-largest market in this industry, following the U.S. and China.
The country boasts an impressive number of beauty care companies, totaling around 3,000, which include renowned global brands like Shiseido, Kao, Kose, and Pola Orbis. This thriving cosmetic market signifies Japan's significant presence and influence in the global beauty industry. This is driving the smart mirrors market in Japan.
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Smart Mirror Market Scope
Smart Mirror Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lumidesign | View profile | 1-10 | Richmond Hill, Ontario, Canada, North America | https://lumidesign.ca/ |
| Videotree | View profile | 11-50 | Weybridge, Surrey, United Kingdom, Europe | http://www.videotree.com |
| Evervue | View profile | 101-250 | Newport, Newport, United Kingdom, Europe | https://www.evervue.com |
| Majestic Mirror & Frame | View profile | 101-250 | Miami, Florida, United States, North America | https://majesticmirror.com/ |
| Hidden Television | View profile | 1-10 | Toledo, Ohio, United States, North America | https://www.hiddentelevision.com |
| SEURA | View profile | 101-250 | Green Bay, Wisconsin, United States, North America | http://seura.com |
| Electric Mirror, LLC | View profile | 251-500 | Everett, Washington, United States, North America | http://electricmirror.com |
Japan smart mirror market size, by installation type, 2017-2030 (US$M)
Japan Smart Mirror Market Outlook Share, 2022 & 2030 (US$M)
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