In 2023, the number of passengers carried on domestic scheduled air carriers in Japan stood at 109.42 million units. The period from 2013 to 2023 witnessed a generally positive trend with intermittent fluctuations, notably a sharp decline in 2020 due to the COVID-19 pandemic (-15.89% YoY). Post-pandemic recovery was marked by a notable increase of 15.93% YoY in 2021. The following years saw moderate growth, with 1.21% YoY in 2023.
The Compound Annual Growth Rate (CAGR) over the latest five-year period (2018-2023) was 1.29%, indicating steady recovery and gradual growth. Looking ahead to the forecasted period (2024-2028), the CAGR is expected to be 0.97%, projecting continued stable growth with a total five-year growth rate of 4.93%.
Future trends to watch for include the impact of economic conditions on travel demand, technological advancements in the aviation sector, changes in consumer behavior post-pandemic, and government policies affecting domestic air travel.
