Appendix 3. Market Trends

Elderly Population of Japan

According to “Future Estimate of Population by Areas in Japan” (2018, Institute of Population Problems), total population will decrease from 127.09 million in 2015 to 106.42 million in 2045 (-20.67 million, -16.2%). However, population in Tokyo will be stable, decreasing only 6% during 2015-2045 in the metropolitan areas (Tokyo, Kanagawa, Saitama, Chiba), meaning centralization of population is continuing. In addition, working age population (16-64 age) will also decrease from 7.72 million in 2015 to 5.58 million in 2045, accelerating the aging of society in Japan.

Elderly Population of Japan
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