The domestic tourism consumption of road passenger transport services in Japan stood at 530.67 billion Japanese Yens in 2023. Forecasted data indicates a consistent decline over the next five years, with values decreasing annually from 523.02 billion in 2024 to 491.09 billion in 2028. This represents a yearly percentage decline of approximately 1.6%, with a Compound Annual Growth Rate (CAGR) over the five-year period also reflecting a negative trend.
Future trends to watch for:
- The impact of new road infrastructure developments on domestic tourism transport.
- Changes in consumer preferences towards more sustainable or alternative transportation modes.
- The potential influence of emerging technologies like autonomous vehicles and ride-sharing platforms on traditional road passenger transport services.
- Economic factors and their effect on domestic travel spending and behavior.
