The household expenditure on transport in Switzerland is forecasted to increase steadily from €30.15 billion in 2024 to €31.49 billion in 2028. Comparing to the last actual data from 2023, the expenditure shows a consistent upward trend, indicating a positive market direction.
Year-on-year, the expenditure is expected to grow at varying increments: 1.13% from 2024 to 2025, 1.11% from 2025 to 2026, 1.07% from 2026 to 2027, and 1.06% from 2027 to 2028. When we examine the Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028, the average annual variation stands at approximately 1.09%.
Future trends to watch for include the potential impacts of environmental policies, advancements in electric vehicle technology, and changes in consumer behavior towards transport. These factors could influence the trajectory of household expenditure on transport further in the upcoming years.
