In 2023, household expenditure on domestic tours in Japan stood at 21.96 thousand Japanese Yens. The forecast indicates a consistent year-on-year decline from 2024 through 2028, with decreases of 2.61% for 2025, 2.68% for 2026, 2.67% for 2027, and 2.69% for 2028. This suggests a compound annual growth rate (CAGR) decrease of approximately 2.63% per year over these five years.
Future trends to watch for include:
- The impact of inflation and economic fluctuations on discretionary spending for domestic tours.
- Potential changes in travel preferences due to domestic tourism initiatives or global travel restrictions.
- Technological advancements and their effect on travel-related consumer behavior, such as virtual tourism experiences.
