The national traffic of buses and coaches in Denmark reached 631.0 million vehicle-kilometers in 2023. From 2013 to 2017, there was a consistent growth trend, peaking in 2017. However, a period of fluctuation ensued, notably the significant 10% drop in 2020. Recent trends indicate stabilization, with minor year-on-year increases since 2021. The compound annual growth rate (CAGR) from 2018 to 2023 stands at -0.35%, reflecting the sector's volatility in recent years. The forecast to 2028 shows modest growth, with a projected 5-year CAGR of 0.09% and an overall growth rate of 0.47%.
Future trends to watch:
- Impact of public transport policies and investments in infrastructure.
- Adoption of sustainable and green transportation technologies.
- Shifts in public transit demand post-pandemic.
