Private Label Trade Show Japan (International Pb Oem Development Exhibition) is a 4 day event being held on February at the Tokyo International Exhibition Center (Tokyo Big Sight) in Tokyo, Japan. This event showcases products like Processed food, Agricultural products, Beverages, Ingredients, House ware, Fashion, Apparel, Electrical appliances, Beauty care products, Healthcare products, Sporting goods, StationaryToys ,Baby and kids products, Furniture ,Interior, Hobby products, Pet food , goods etc. in the Industrial Products industry.
Japan is the growing 3 trillion JPY market for Private Label business.
Most food and non-food products in Japanese retail shelves had been dominated by National Brands in the 90’s and the early 2000’s, although this situation is changing through retailer’s expanding sales in PL products.
The market size of private label business in Japan had grown to approximately 3 trillion Japanese Yen (approx. 25.2 billion USD) in 2013, where 2 major retail companies, AEON (741billion JPY – approx. 6.2 billion USD) had 8.7% increase and Seven & i Holdings (670 billion JPY – approx. 5.6 billion JPY) had 36.7% increase in annual PL product sales, according to “Chain Storage Age” 2014. 11.1 edition published by DIAMON-FRIEDMAN CO., LTD.
Other competing retail companies are also seeking to venture into PL businesses to follow this trend, and this market is nationwide expected to grow into 3.2 trillion JPY by 2017.
Remarkably product categories are NOT limited to foods, this trend is spreading across to daily commodities, Apparel, and home electric appliances too.