In 2023, Germany led the European International Passenger Transport market with a 23.89 million Euros share, followed by Ireland at 15.13 million. Notable growth occurred in countries like Austria and Belgium with year-on-year variations of over 11%. Conversely, Iceland and Lithuania saw declines. The Compound Annual Growth Rate (CAGR) reveals steady gains across most countries, driven by increasing demand for international travel. Germany, Ireland, and Hungary were pivotal growth contributors.
Future trends to consider include:
- Rising demand for eco-friendly transport solutions, potentially reshaping market leader strategies.
- Technological advancements in passenger transport may shift revenue shares.
- Economic fluctuations could impact leisure and business travel demand, affecting market dynamics.
Top countries in International Passenger Transport Receipt Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.89 | 2023 | +2.03% | +2.31% | View data |
| 2 | 2 Ireland | 15.13 | 2023 | +24.47% | +6.98% | View data |
| 3 | 3 Netherlands | 10.23 | 2023 | +18.37% | +1.69% | View data |
| 4 | 4 France | 9.96 | 2023 | +11.85% | +1.89% | View data |
| 5 | 5 Portugal | 6 | 2023 | +17.42% | +1.94% | View data |
| 6 | 6 Hungary | 5.26 | 2023 | +25.52% | +8.74% | View data |
| 7 | 7 Austria | 4.71 | 2023 | +18.73% | +11.29% | View data |
| 8 | 8 Switzerland | 4.43 | 2023 | +17.72% | +1.17% | View data |
| 9 | 9 Denmark | 3.87 | 2023 | +18.3% | +3.6% | View data |
| 10 | 10 Italy | 3.42 | 2023 | +23.12% | +1.28% | View data |
