Industrial rubber products, whose prices have been raised in recent years against a backdrop of soaring raw material prices, are facing the need for further price increases. Utility costs such as electricity and gas remain high, and distribution costs are also rising. In addition, labor costs must be further raised to secure human resources, and the weak yen, which is...
industry outlook
Survey: Japanese Rubber and Plastic Product Makers Business Outlook 2023
In December 2022, Japan Rubber Weekly conducted a survey of the rubber and plastic products manufacturing industry regarding business conditions and outlook in fiscal 2023. According to the survey results, business confidence is on a recovery trend and is expected to remain so in the future. Although sales are increasing due to demand recovery, ordinary income is not growing as...
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