IJT is an international trade show with 30-year experience. As well known as Japan’s most important purchasing venue of the year, IJT 2021 will attract 1,200* exhibitors and 30,000* trade buyers from Japan, Asia and all over the world.  (*expect)

Dates: 13th - 16 January 2021
Venue: Tokyo Big Sight
Organised by: Reed Exhibitions Japan Ltd.
Exhibition Title: 32nd International Jewellery Tokyo

1. Japanese jewellery market continues to rebound

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Japan’s luxury goods market, one of the largest in the world, is growing steadily again, after a long period of global and domestic crisis, and is expected to grow further over the next years thanks to rising consumer confidence and the purchasing power of the younger generations, creating prospects for an increase in spending for luxury goods. Moreover, purchases by inbound tourists have a substantial effect on sales in the luxury goods market, and as the number of tourists is expected to rise in 2018, a boost in the luxury market is expected too.

Global Powers of Luxury Goods 2018

2. Japan’s economy growth boosts the buying power

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Japan’s economy recorded its longest growth streak since its heyday in the late 1980s, after expanding in the last three months of 2017 for an eighth straight quarter, the latest indication that Prime Minister Shinzo Abe is succeeding in generating more stable growth. The world’s third-largest economy expanded at an annualized pace of 0.5% in the October-December quarter, but at a much slower pace than a revised 2.2% in the previous three months as the overall contribution to growth from trade weakened.

www.marketwatch.com, Feb. 13, 2018

3. Imported jewellery market in Japan is expanding

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According to a new report by McKinsey & Co shared exclusively with BoF, Japanese consumers are now spending 3.6 trillion yen (about $33 billion) each year on luxury goods. Business leaders are also feeling more optimistic, with over half of local luxury executives surveyed by McKinsey viewing Japan, which accounts for as much as 30 to 40 percent of some global brands’ profitability, as a growth engine and profit generator.
www.businessoffashion.com, May 21, 2018

4. Tokyo Olympic Games escalate Japan’s economy growth!

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The influx of tourists is expected to boost the supply and sales of luxury goods. The number of tourists is expected to increase, with government having an annual target of 40 million tourists visiting Japan by 2020. According to the Japan Tourism Agency, more than 75% of the international tourists visiting Japan are from Asian countries such as South Korea, China, Taiwan, Hong Kong and Thailand.
www.euromonitor.com, Feb. 2018