Passenger Transportation Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Passenger Transportation Industry

Global Passenger Transportation Trends in 2024

Passenger Transportation is part of Travel And Tourism and includes a number of sub-sectors such as Air Passenger Transport and Maritime Passenger Transport. You may also be interested in Tourism.

Global passenger transport expenditure is projected to decline from $140 billion in 2023 to $96 billion by 2028, marking an annual decrease of 1%. Despite the overall downturn, global demand for passenger transport has increased by 1% annually since 2019. In 2023, the United States led the world in passenger transport spending, reaching $57 billion. France, Canada, and Italy followed, occupying the second, third, and fourth spots, respectively. Notably, Romania experienced a significant surge, with a 23.3% year-on-year increase, while Luxembourg saw a decline of 9.6% annually since 2019.

Top 10 countries

In 2024 major markets in the Passenger Transportation Industry were:

World Passenger Transportation Market Data and Forecasts

How much the Passenger Transportation industry is expected to grow to 2028?

Forecast: Global International Passenger Transport Expenditure
Forecast: Number of Air Passengers Carried in the World
Forecast: Global International Air Passenger Transport Receipts
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Global Passenger Transportation Statistics

Global Passenger Transportation Industry Database