JAPAN MARKET ENTRY RESEARCH OUTSOURCING
PROBLEM DEFINITION
A global company specializing in manufacturing stairlifts, a product designed to assist individuals with mobility challenges to move comfortably and safely between different floors. They have recently identified Japan as a potential market for their stairlift products. However, they lack knowledge about the local regulations, guidelines, competitors, and compliance requirements related to stairlift installations in Japanese households. They were looking to expand their market presence to Japan and are seeking a multilingual market research company to help them understand the stairlift installation guidelines, regulations, competitors, testing procedures, and compliance certificates specific to Japanese houses.
BUSINESS REQUIREMENTS
They needed comprehensive market research to navigate the complex landscape of stairlift installation regulations in Japan. They wanted to thoroughly understand the market landscape, including the regulatory environment, local competitors, and the specific requirements for testing and compliance certificates related to stair lift installations in Japanese homes. They are required to identify and analyze the regulatory framework, guidelines, and standards for stairlift installation in Japan. They needed information regarding competitor companies offering similar stairlift products in the Japanese market and to determine the testing and compliance certificates required for stairlifts by Japanese housing regulations.
MULTILINGUAL MARKET RESEARCH COMPANY APPROACH
The client collaborated with the PIE multilingual company and their expertise in conducting in-depth studies in foreign markets. Our team of experts conducted an in-depth analysis of Japanese regulatory frameworks, including building codes, safety standards, and accessibility guidelines. This involved reviewing official documents, consulting local authorities, and engaging with industry experts familiar with the Japanese regulatory environment. We ran a thorough competitor study to identify existing participants in the Japanese stairlift market. This involved researching local manufacturers, distributors, and multinational companies with a presence in Japan. The study concentrated on product offerings, price strategies, distribution networks, and customer feedback. Our team meticulously researched the testing procedures and compliance certificates required for installing stairlifts in Japanese houses. This involved liaising with relevant certification bodies, testing laboratories, and industry associations to gather accurate and up-to-date information.