In 2023, France led the European taxi operation market with a production value of 4.98 billion euros, followed by Germany and the UK with 4.71 and 3.84 billion euros, respectively. Among smaller markets, Portugal showed significant growth, while Latvia, Bulgaria, and Norway experienced declines. Croatia also saw a promising increase with a 35.51% rise. Over the past five years, these variations have shaped a complex landscape, indicating localized growth pockets.
Future trends to watch for include:
- Potential growth in electrification and digitalization across the major markets.
- Impact of regulatory changes and environmental considerations on traditional taxi markets.
- Emergence of ride-sharing models affecting conventional taxi operations.
Top countries in Production Value of Taxi Operation by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,980 | 2023 | +2.93% | +4.31% | View data |
| 2 | 2 Germany | 4,710 | 2023 | +12.24% | +0.7% | View data |
| 3 | 3 United Kingdom | 3,840 | 2023 | +2.22% | +3.34% | View data |
| 4 | 4 Sweden | 2,040 | 2023 | +6.8% | +3.37% | View data |
| 5 | 5 Netherlands | 1,910 | 2023 | +8.17% | +1.54% | View data |
| 6 | 6 Italy | 1,860 | 2023 | +17.45% | +1.93% | View data |
| 7 | 7 Finland | 1,190 | 2023 | +5.13% | +0.54% | View data |
| 8 | 8 Norway | 769.2 | 2023 | +2.15% | -4.37% | View data |
| 9 | 9 Portugal | 674.8 | 2023 | +22.67% | +15.17% | View data |
| 10 | 10 Denmark | 661 | 2023 | +7.11% | -3.25% | View data |
