Italy's railway passenger traffic grew from 814.52 million passengers in 2013 to 959.16 million in 2023, with notable disruptions in 2020 due to the pandemic. There were substantial recoveries in 2021 and 2022, followed by steady growth. The year-on-year variation peaked at 72.46% in 2021 due to post-pandemic rebound, with a recent CAGR of 1.69% from 2019 to 2023.
The forecast suggests a continuous increase, reaching 1,032.5 million passengers by 2028, with a projected 5-year CAGR of 1.22%. This indicates a stable upward trend in railway usage, with a total growth rate of 6.24% over five years.
Trends to watch for include the impact of urbanization, environmental policies promoting rail transport over air or road, and technological advancements improving railway efficiency and passenger experience. Monitoring these factors will be crucial for future market strategies.