The data indicates a steady increase in road passenger transport movements in Japan. The values from 2024 to 2028 show a consistent year-on-year growth: approximately 0.22% from 2024 to 2025, 0.22% from 2025 to 2026, 0.21% from 2026 to 2027, and 0.21% from 2027 to 2028. These figures imply a compound annual growth rate (CAGR) of around 0.22% over the forecasted five-year period. In 2023, the actual value of road passenger transport movements was 909.57 Billion Passenger Kilometers.
Future trends to watch for:
- Developments in public transportation infrastructure and policies encouraging a shift from private to public transport.
- Technological advancements in electric and autonomous vehicles affecting road passenger transport dynamics.
- Demographic shifts, such as an aging population, potentially impacting overall demand.
- Environmental policies and regulations aiming to reduce carbon emissions may influence road transport volumes.