The forecast shows a gradual decline in the number of persons working at the location of establishments in road freight transport in Japan from 1.6432 million in 2024 to 1.6228 million by 2028. This represents a year-on-year decline of approximately 0.3% to 0.5%. The trend suggests a potential 5-year compound annual growth rate (CAGR) decline due to workforce dynamics like an aging population and greater automation in logistics
Future trends to watch for:
- Increasing automation and adoption of technology to compensate for labor shortages.
- Potential shifts in government policies to boost the logistics workforce.
- Impact of changing trade patterns on road freight transport demand.