The ownership of goods road motor vehicles in Japan, expressed in units per thousand persons, is forecasted to rise modestly between 2024 and 2028. Starting from 116.27 in 2024, it continues to increase gradually, reaching 117.28 by 2028. The data shows a consistent upward trend with slight year-on-year percentage increases, indicating stable growth in vehicle ownership over this period. This trend signifies a stable expansion of the market for goods road motor vehicles in Japan. This reflects an enduring reliance on road vehicles for commerce and logistics.
Looking to the future, trends to watch include the potential impact of technological advancements in electric and autonomous vehicles, which could transform ownership patterns. Additionally, demographic changes and environmental regulations may influence vehicle ownership and promote shifts towards more sustainable forms of transport.
