The tourism employment in road transportation in Australia has shown a consistent upward trend from 2013 to 2023, growing from 19.3 thousand units to 29.9 thousand units. Over the past decade, the sector's growth saw notable peaks such as a 13.11% increase in 2018 and more moderate growth rates around 2% from 2020 to 2023. As of 2023, the year-on-year growth stood at 2.05%. The CAGR for the last five years leading up to 2023 averaged at 1.61%, signaling a steady but decelerating growth rate.
Looking forward, future trends to watch for in tourism employment in road transportation include the impact of technological advancements in transportation, shifts in global and domestic travel preferences, and environmental policies promoting sustainable travel, which could influence employment patterns in the sector. The forecast for the next five years indicates a continued, albeit slower, growth with a 5-year CAGR of 1.46% and an overall growth of 7.54% by 2028.
