Based on the available data, the share of tourism employment in passenger transport services in Malaysia is forecasted to slightly decline from 4.6% in 2024 to 4.4% in 2028. This indicates a subtle year-on-year decrease starting from 2025. Compared to the previous years, this represents a minimal overall downward trend, with the share maintaining relative stability between 2025 and 2027 before a minor dip in 2028. The compound annual growth rate (CAGR) suggests a stable yet slightly declining trend over the five-year period.
Future trends to watch for include:
- Potential impacts of global economic fluctuations on tourism and transport industries.
- Technological advancements and their influence on employment in passenger transport services.
- Government policies aimed at boosting tourism and its employment landscape.
- The potential long-term effects of environmental sustainability initiatives on transport services.
- Changes in consumer behavior and travel patterns post-pandemic.