The internal tourism consumption of railway passenger transport services in Japan was 2.827 trillion Japanese Yen in 2023. The forecasted values indicate a slight but steady decline from 2024 to 2028, with the value expected to decrease from 2.8233 trillion Yen in 2024 to 2.804 trillion Yen in 2028. The year-on-year variation reflects a marginal decrease each year: -0.18% from 2024 to 2025, -0.17% from 2025 to 2026, -0.17% from 2026 to 2027, and -0.17% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -0.17%.
Future trends to watch for include the impact of ongoing technological advancements in rail transport, changing tourism patterns post-pandemic, and government policies promoting domestic travel. It will also be important to monitor the influence of demographic shifts, such as an aging population, on domestic tourism consumption.
