The household expenditure on travel in Japan shows a consistent year-on-year decline from 2024 to 2028. In 2023, the expenditure stood at 88.00 thousand Japanese Yen. Comparing 2024 and 2023, there is a decline of approximately 0.90%; the trend continues with similar annual declines, showcasing an average drop of around 1% each year. The Compound Annual Growth Rate (CAGR) over the five-year forecast period indicates a consistent downtrend.

Future trends to watch for:

Potential impact of economic policies or changes in disposable income on travel expenditure.
Shifts in domestic versus international travel preferences.
Technological advancements and their influence on travel costs and preferences.
Environmental concerns and the rise of sustainable travel options.