Japan Ocean Economy Market Size, Share, Trends, Industry Analysis Report By Industry Type (Marine Transport and Shipping, Marine Tourism and Recreation, Fisheries and Aquaculture) – Market Forecast, 2025–2034
Description
The Japan Ocean Economy Market size is expected to reach USD 354.83 billion by 2034, according to a new study by Polaris Market Research. The report “Japan Ocean Economy Market Share, Size, Trends, Industry Analysis Report By Industry Type (Marine Transport and Shipping, Marine Tourism and Recreation, Fisheries and Aquaculture); Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The ocean economy, also known as the blue economy, refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of marine ecosystems. It encompasses a wide range of industries, including fisheries, aquaculture, shipping, tourism, renewable energy, seabed mining, and marine biotechnology.
Japan's ocean economy is a dynamic and multifaceted sector that plays a crucial role in the nation's prosperity, security, and technological advancement. The fishing and aquaculture sector remains fundamental, supplying the country's seafood-centric diet while facing challenges of sustainable resource management. Japan's global leadership in shipbuilding and marine technology supports both its massive commercial shipping fleet and specialized vessels for research and resource exploration. The country is actively developing its blue energy potential, particularly in offshore wind power, as part of its transition to renewable energy. Coastal tourism and the ""marine resort"" industry are contributing significantly to regional economies. The government coordinates these activities through comprehensive ocean policies that balance economic development with environmental protection and disaster resilience, particularly important for a nation vulnerable to typhoons and sea-level rise.
Japan Ocean Economy Market Report Highlights
In terms of industry type, the marine tourism and recreation segment accounted for 36.93% of the Japan ocean economy market share in 2024 due to the growing coastal tourism industry and increasing domestic and international demand for marine leisure activities.
The offshore oil and gas segment is projected to register a CAGR of 8.9% from 2025 to 2034. This is attributed to Japan’s push for energy security and diversification, coupled with advancements in offshore drilling technologies.
A few major companies operating in the Japan ocean economy industry include ITOCHU Corporation; Japan Radio Co; Koyo Kaiun Co., Ltd; Mitsubishi Corporation; Mitsui O.S.K. Lines; NYK Line; Panasonic Corporation; Sojitz Corporation; Sumitomo Corporation; and Tokyo Gas Co., Ltd.
Polaris Market Research has segmented the market report on the basis of industry type:
By Industry Type Outlook (Revenue, USD Billion, 2021–2034)
Marine Transport and Shipping
Marine Tourism and Recreation
Fisheries and Aquaculture
Offshore Oil and Gas
Government, and Others
The ocean economy, also known as the blue economy, refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of marine ecosystems. It encompasses a wide range of industries, including fisheries, aquaculture, shipping, tourism, renewable energy, seabed mining, and marine biotechnology.
Japan's ocean economy is a dynamic and multifaceted sector that plays a crucial role in the nation's prosperity, security, and technological advancement. The fishing and aquaculture sector remains fundamental, supplying the country's seafood-centric diet while facing challenges of sustainable resource management. Japan's global leadership in shipbuilding and marine technology supports both its massive commercial shipping fleet and specialized vessels for research and resource exploration. The country is actively developing its blue energy potential, particularly in offshore wind power, as part of its transition to renewable energy. Coastal tourism and the ""marine resort"" industry are contributing significantly to regional economies. The government coordinates these activities through comprehensive ocean policies that balance economic development with environmental protection and disaster resilience, particularly important for a nation vulnerable to typhoons and sea-level rise.
Japan Ocean Economy Market Report Highlights
In terms of industry type, the marine tourism and recreation segment accounted for 36.93% of the Japan ocean economy market share in 2024 due to the growing coastal tourism industry and increasing domestic and international demand for marine leisure activities.
The offshore oil and gas segment is projected to register a CAGR of 8.9% from 2025 to 2034. This is attributed to Japan’s push for energy security and diversification, coupled with advancements in offshore drilling technologies.
A few major companies operating in the Japan ocean economy industry include ITOCHU Corporation; Japan Radio Co; Koyo Kaiun Co., Ltd; Mitsubishi Corporation; Mitsui O.S.K. Lines; NYK Line; Panasonic Corporation; Sojitz Corporation; Sumitomo Corporation; and Tokyo Gas Co., Ltd.
Polaris Market Research has segmented the market report on the basis of industry type:
By Industry Type Outlook (Revenue, USD Billion, 2021–2034)
Marine Transport and Shipping
Marine Tourism and Recreation
Fisheries and Aquaculture
Offshore Oil and Gas
Government, and Others
Table of Contents
129 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Japan Ocean Economy Market Insights
- 4.1. Japan Ocean Economy Market – Market Snapshot
- 4.2. Japan Ocean Economy Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Consumption of Oil and Gas
- 4.2.1.2. Growing Seafood Demand
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Capital Investment Requirements for Infrastructure Development
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Japan Ocean Economy Market Trends
- 4.6. Value Chain Analysis
- 5. Japan Ocean Economy Market, by Industry Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Japan Ocean Economy Market, by Industry Type, 2020-2034 (USD Billion)
- 5.3. Marine Transport and Shipping
- 5.3.1. Japan Ocean Economy Market, by Marine Transport and Shipping, by Region, 2020-2034 (USD Billion)
- 5.4. Marine Tourism and Recreation
- 5.4.1. Japan Ocean Economy Market, by Marine Tourism and Recreation, by Region, 2020-2034 (USD Billion)
- 5.5. Fisheries and Aquaculture
- 5.5.1. Japan Ocean Economy Market, by Fisheries and Aquaculture, by Region, 2020-2034 (USD Billion)
- 5.6. Offshore Oil and Gas
- 5.6.1. Japan Ocean Economy Market, by Offshore Oil and Gas, by Region, 2020-2034 (USD Billion)
- 5.7. Government
- 5.7.1. Japan Ocean Economy Market, by Government, by Region, 2020-2034 (USD Billion)
- 5.8. Others
- 5.8.1. Japan Ocean Economy Market, by Others, by Region, 2020-2034 (USD Billion)
- 6. Competitive Landscape
- 6.1. Expansion and Acquisition Analysis
- 6.1.1. Expansion
- 6.1.2. Acquisitions
- 6.2. Partnerships/Collaborations/Agreements/Exhibitions
- 7. Company Profiles
- 7.1. ITOCHU Corporation
- 7.1.1. Company Overview
- 7.1.2. Financial Performance
- 7.1.3. Product Benchmarking
- 7.1.4. Recent Development
- 7.2. Japan Radio Co
- 7.2.1. Company Overview
- 7.2.2. Financial Performance
- 7.2.3. Product Benchmarking
- 7.2.4. Recent Development
- 7.3. Koyo Kaiun Co., Ltd
- 7.3.1. Company Overview
- 7.3.2. Financial Performance
- 7.3.3. Product Benchmarking
- 7.3.4. Recent Development
- 7.4. Mitsubishi Corporation
- 7.4.1. Company Overview
- 7.4.2. Financial Performance
- 7.4.3. Product Benchmarking
- 7.4.4. Recent Development
- 7.5. Mitsui O.S.K. Lines
- 7.5.1. Company Overview
- 7.5.2. Financial Performance
- 7.5.3. Product Benchmarking
- 7.5.4. Recent Development
- 7.6. NYK Line
- 7.6.1. Company Overview
- 7.6.2. Financial Performance
- 7.6.3. Product Benchmarking
- 7.6.4. Recent Development
- 7.7. Panasonic Corporation
- 7.7.1. Company Overview
- 7.7.2. Financial Performance
- 7.7.3. Product Benchmarking
- 7.7.4. Recent Development
- 7.8. Sojitz Corporation
- 7.8.1. Company Overview
- 7.8.2. Financial Performance
- 7.8.3. Product Benchmarking
- 7.8.4. Recent Development
- 7.9. Sumitomo Corporation
- 7.9.1. Company Overview
- 7.9.2. Financial Performance
- 7.9.3. Product Benchmarking
- 7.9.4. Recent Development
- 7.10. Tokyo Gas Co., Ltd
- 7.10.1. Company Overview
- 7.10.2. Financial Performance
- 7.10.3. Product Benchmarking
- 7.10.4. Recent Development
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
