The forecast for the number of individuals working in road passenger transport within stock companies in Japan from 2024 to 2028 indicates a gradual decline. From 493,800 persons in 2024 to 484,130 persons in 2028, this represents a year-on-year decrease averaging around -0.7%. Notably, the compound annual growth rate (CAGR) over these five years reflects a continuous downward trend in employment, highlighting the ongoing challenges within the sector.
Future trends to watch for include:
- The impact of technological advancements and automation on employment numbers.
- Potential shifts in transport regulations and policies in response to sustainability efforts.
- Demographic changes and evolving consumer preferences affecting demand for road passenger transport.