In 2023, domestic tourism expenditure on transport equipment rental services in Japan stood at 360 billion Japanese Yens. Forecasted data shows a steady increase: 367.89 billion in 2024, 374.09 billion in 2025, 380.17 billion in 2026, 386.13 billion in 2027, and 391.96 billion in 2028, indicating a consistent upward trend.
Year-on-year variation analysis between 2023 and 2024 shows an increase of 2.19%, and from 2024 to 2025, the growth is 1.69%. The Compound Annual Growth Rate (CAGR) over the 2024-2028 period is approximately 1.59%.
Future trends to watch for include:
• Increased adoption of sustainable and electric transport equipment.
• Impact of digital transformation on rental services.
• Shifts in domestic tourism patterns post-pandemic.
