Forecast: Inbound Tourism Expenditure on Passenger Transport Services in Japan

The forecasted inbound tourism expenditure on passenger transport services in Japan is expected to rise steadily from 2024 to 2028. Starting at 962.44 billion yen in 2024, it is projected to grow to 1,091.0 billion yen by 2028. This marks an overall upward trend with a consistent year-on-year growth.

Year-on-year:

  • 2024-2025: 3.44% increase
  • 2025-2026: 3.26% increase
  • 2026-2027: 3.08% increase
  • 2027-2028: 2.94% increase

The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.18%. This reflects a steady and sustainable growth in expenditure on passenger transport services by inbound tourists.

Future trends to watch for:

  • Influence of global economic conditions on travel and tourism
  • Impact of technological advancements in transportation
  • Changes in international travel policies and regulations
  • Trends in tourist preferences and behaviors

Top Countries about Passenger Transportation