In 2023, the share of household expenditure for transport services in total household expenditure for transport in Italy was stable. The forecasts from 2024 to 2028 indicate a constant share of 11.17%, suggesting no year-on-year variation. Over the five-year forecast period, the compound annual growth rate (CAGR) is also forecasted to be 0%, implying a steady and unchanging expenditure pattern in this category.
Future trends to watch for:
- Impact of technological advancements such as autonomous vehicles and shared mobility services on household transport spending.
- Potential shifts in public transport usage due to environmental policies and sustainability incentives.
- Economic factors including inflation and household income changes that may alter spending habits.