Japan is the most suitable export market for Chom Chom Mang's screens. Japan has hot, humid summers which create demand for screens that block insects and circulate air. Most Japanese homes have many windows and narrow spaces between buildings, so screens help with privacy, ventilation, and enjoying natural breezes. Japan also has a large, wealthy population and government support for building materials ahead of the 2020 Olympics. As the population ages, remodeling and construction are growing industries. Excess demand after a 2011 earthquake also increased imports of building materials.
Japan is the most suitable export market for Chom Chom Mang's screens. Japan has hot, humid summers which create demand for screens that block insects and circulate air. Most Japanese homes have many windows and narrow spaces between buildings, so screens help with privacy, ventilation, and enjoying natural breezes. Japan also has a large, wealthy population and government support for building materials ahead of the 2020 Olympics. As the population ages, remodeling and construction are growing industries. Excess demand after a 2011 earthquake also increased imports of building materials.
Japan is the most suitable export market for Chom Chom Mang's screens. Japan has hot, humid summers which create demand for screens that block insects and circulate air. Most Japanese homes have many windows and narrow spaces between buildings, so screens help with privacy, ventilation, and enjoying natural breezes. Japan also has a large, wealthy population and government support for building materials ahead of the 2020 Olympics. As the population ages, remodeling and construction are growing industries. Excess demand after a 2011 earthquake also increased imports of building materials.
Design 2. Analyzing and selecting the market a. Comparing targeted market
b. Selecting the market
Considering comprehensive aspect, Japan is most suitable market to export
c. Analyzing the market
Analyzing market environment (Nature/Dwelling pattern/Consumer) -Natural aspect: Japan has high temperature and humidity in summer. Because of high humidity, 77% in average, mosquito and many other insects inhabit around residential area. Especially Japanese culex mosquito is dangerous because of high infection rate. These kinds of environment make screens function, blocking insects and ventilating, to work efficiently. -Aspect of dwelling pattern: Most of the houses and buildings have many windows to circulate humid air. Also, distance between buildings in residential area is narrow. Screen would help not only to protect privacy but also to ventilate that humid air. -Aspect of Japanese consumer: Japanese prefer natural wind rather than artificial wind. However, smoke pollution, insects, fine dust makes difficult to enjoy natural wind. Screens allow people to live with opened window enjoying natural wind.
Analyzing market environment (Society/Economy)
-Economical aspect: Japan is ranked as third place in GDP, showing intense economic power. Also, Japan is consisted of 130,000,000 people which refers Japans market is solid. -Social aspect: Single household is increasing and single householder has high desire trying to display their unique characteristic. Chom Chom Mang has wide selection of screen designs compared to general screen products.
Analyzing market possibility
-Japanese governments political support: Building material market is growing as Japanese government is preparing for 2020 Tokyo Olympic. Actually Korean building materials has been selected as one of the promising business. Present building material market scale is 19trillion yen and expecting 50trillion yen in 2020. -Elderly society: As society grays, remodeling and architecture industry is on the rise. Especially aged house is going closer to remodeling moment, enlarging demand of building materials. -Excessive demand in building materials: After huge earthquake in 2011, excessive demands in building materials are still lasting. This has increased outsourcing and imports in building material markets.