The turnover for urban and suburban passenger land transport in France has shown considerable fluctuation from 2013 to 2023, with a significant peak in 2014 and subsequent declines followed by moderate growth. As of 2023, the turnover stood at 11.0 billion Euros, reflecting a subtle year-on-year increase of 2.06% and a robust five-year CAGR of 8.49%. The forecast anticipates continued growth, with turnover projected to reach 12.07 billion Euros by 2028, sustaining an average annual growth rate (CAGR) of 1.48%.
Future trends to watch for include:
- Adoption of sustainable and eco-friendly transport solutions
- Impact of technological advancements and digitalization on passenger convenience
- Government policies promoting public transport usage over private vehicles
- Regional variations in transport demand influenced by urbanization and population shifts