This will act as a factor to shrink the domestic market, mainly the market targeting families, on the demand side. In this situation, without capturing new demand arising from the aging of the population, the domestic market would shrink as a whole. The desire to make life more comfortable is constant regardless of age.
An increasingly aging population should be creating new potential demand across a wide range of areas such as health and nursing care, tourism, leisure, and cultural activity. The growth areas are not limited to global demand. If potential demand is carefully examined, there are also many seeds for growth in the domestic market.