Key Market Indicators
The UK is set to become the second largest market for passenger transport expenditure, overtaking France and coming in behind the US. Expenditure is expected to reach £12.4 billion in 2026, up from £11.9 billion in 2021. This is a 0.5% average year-on-year growth rate since 2013. Revenue for passenger transport in the UK is expected to reach £14.3 billion in 2026, up from £12.5 billion in 2021. This is an average year-on-year growth rate of 1.8% since 2000. The US, UK, France and Canada are the four largest markets for passenger transport revenue.