Japan Astrology Market Size, Share, and COVID-19 Impact Analysis, By Type (Natal Astrology Medical Astrology, Horary Astrology, Electional Astrology, Uranian Astrology, and Love Astrology), By Mode (Online and Offline), and Japan astrology Market Insights, Industry Trend, Forecasts to 2033.
Industry: Consumer GoodsJapan Astrology Market Insights Forecasts to 2033
- The Market Size is Growing at a CAGR of 7.38% from 2023 to 2033
- The Japan Astrology Market Size is Expected to hold a significant share by 2033.
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The Japan Astrology Market is Anticipated to hold a significant share by 2033, growing at a CAGR of 7.38% from 2023 to 2033.
Market Overview
The industry in Japan that centers on astrology-based platforms, services, and goods is known as the "Japan astrology market." Tarot card readings, horoscopes, fortune-telling, zodiac readings, birth chart analysis, and palmistry are all part of this deeply ingrained Japanese culture. The strong cultural influence of astrology, which is a major part of daily life, relationships, and commercial decisions, is one of the main causes driving the astrology market in Japan. Astrological insights are now more widely available thanks to the development of astrology apps, websites, and AI-powered horoscope readings brought about by the rapid digital transition. In Japan, Gen Z and millennials are also becoming more interested in astrology as a tool for introspection and decision-making. Its popularity is further increased by the incorporation of astrology into media, entertainment, and gaming.
Report Coverage
This research report categorizes the market for the Japan astrology market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan astrology market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan astrology market.
Driving Factors
Increased interest in spirituality, integration into contemporary lifestyles, digital transformation through astrology apps and online platforms, the influence of social media promoting astrology, and the growing demand for customized astrological readings and birth charts are all contributing factors to the notable growth of the Japanese astrology market. All of these elements work together to propel the growth of astrological services and goods in Japan. Furthermore, the market for individualized astrological services, such birth chart analysis and personalized horoscope readings, is still expanding. Furthermore, more individuals are turning to astrology for direction and comfort as a result of the increased stress and uncertainty in Japan's economy. Additionally, the market gains from astrology-related tourism, which strengthens the industry's stronghold in Japan by bringing visitors to shrines and temples for fortune readings.
Restraining Factors
The growth of the astrology industry is hampered by a shortage of staff capabilities. Building specific resources is necessary for any application, and this calls for an app development team with a multi-domain perspective. On the other hand, developing a mobile application for an astrological consulting service requires extremely specific knowledge.
Market Segmentation
The Japan astrology market share is classified into type and mode.
- The love astrology segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
The Japan astrology market is segmented by type into natal astrology, medical astrology, horary astrology, electional astrology, uranian astrology, and love astrology. Among these, the love astrology segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. The increasing number of couples breaking up is one of the main reasons people look into their love astrology and determine whether or not they will be able to stay together. Couples are choosing to look at their love astrology more rather than talking to each other.
- The online segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the mode, the Japan astrology market is divided into online and offline. Among these, the online segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Applications that are data-driven and offer a detailed examination of the planets' positions differ from those that link users to specialists for readings and insights into their charts. Daily horoscopes, astrological dating services, mindfulness programs that work with the moon, and tools for tracking each planet's retrograde are just a few of the many apps available.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan astrology market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Keiko and Lunalogy
- The Last Onmyoji – Kyomei Hashimoto
- CoStar Astrology Society
- Sanctuary Ventures Inc.
- The Mountain Astrologer
- Adviqo Technology Corp.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Astrology Market based on the below-mentioned segments:
Japan Astrology Market, By Type
- Natal Astrology Medical Astrology
- Horary Astrology
- Electional Astrology
- Uranian Astrology
- Love Astrology
Japan Astrology Market, By Mode
- Online
- Offline
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