Forecast: Domestic Tourism Expenditure on Tourism Characteristic Products in Japan

The domestic tourism expenditure on tourism characteristic products in Japan for 2023 stood at 13.778 trillion Japanese Yens. The forecasted data for 2024 to 2028 shows a steady growth, with values increasing from 14.085 trillion Yens in 2024 to 14.137 trillion Yens in 2028. Year-on-year variations indicate a stable growth pattern, with an average annual growth rate (CAGR) of approximately 0.65% over the five-year period from 2023 to 2028.

Future trends to watch for in domestic tourism expenditure include the potential impact of demographic changes, technological advancements in travel services, and evolving consumer preferences towards sustainable and experiential tourism. Policymakers may need to monitor these trends to effectively support continued growth in the sector.

Top Countries about Luxury Tourism