In 2023, the actual number of persons working in Japan's road passenger transport sector stood at 535,000. Forecasts predict a gradual decline year-on-year from 2024 through 2028. With 533,020 in 2024, decreasing progressively to 523,240 by 2028, the sector shows a diminishing workforce.
Yearly percentage declines are notable, with reductions of approximately 0.47% in 2025, 0.47% in 2026, 0.46% in 2027, and 0.45% in 2028. The Compound Annual Growth Rate (CAGR) reflects a 0.45% annual decrease.
Future trends to watch:
- Impact of automation and digitalization reducing labor requirements
- Evolving demographic challenges affecting labor supply
- Shifts in transportation preferences potentially influencing job availability
