According to GlobalData, the value of Japan construction market is forecast to grow by 0.9% in real terms in 2024, having grown by 2.5% in 2023. A key growth market will be the infrastructure market, with output rising by 1.5% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five manufacturing plant construction projects that commenced in Japan in Q3 2024, according to GlobalData’s construction projects database.
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1. Chiba Yakult Factory
The project involves the construction of a beverage production facilities with a floor area of 33,824.8m2 comprising a production capacity of 949,000,000 bottles per annum on 10.97ha of land in Chiba.
Construction work started in Q3 2024 and is expected to be completed in Q3 2027.
Upon completion, the plant will produce “Yakult 1000 and Y1000” products. Buy the profile here.
2. Minami Alps Cosmetic Factory
The project involves the construction of a 39,300m2, three-story cosmetic manufacturing plant on 11.15ha of land in Minami Alps, Yamanashi Prefecture.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2026.
The aim is to meet the growing demand for cosmetics in Japan and other country’s. It will create about 300 to 400 jobs in the region. Buy the profile here.
3. Acecook Kanto Factory
The project involves the construction of a 56,494m2 food processing plant on 7.81ha of land in Kawagoe City, Saitama Prefecture.
Construction work started in Q3 2024 and is forecast to complete in Q4 2025.
4. House Foods Group Tohoku Factory
The project involves the construction of a 6,004m2, food processing factory on 3ha of land in Fukushima City, Fukushima Prefecture.
Construction work commenced in Q3 2024 and is expected to be completed in Q2 2026.
5. Uke Food Factory No. 4
The project involves the construction of a 4,243m2, two-story Aseptic packaged rice manufacturing factory with a production capacity of 40 million meals per annum at its head office in Shimoniikawa-gun, Toyama Prefecture.
Construction work started in Q3 2024 and is expected to be completed in Q2 2026.
For more details on the latest construction projects, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
