Bus Tickets - Mauritius | Statista Market Forecast

Mauritius is expected to witness a significant surge in revenue within the Bus Tickets market, with projections indicating a rise from US$6.96m in 2024.
This is expected to result from an annual growth rate (CAGR 2024-2029) of 4.50%, ultimately resulting in a market volume of US$8.67m by 2029.
The number of users within the Bus Tickets market is expected to reach 113.80k users by 2029, with user penetration projected to be 7.7% in 2024 and 8.7% by 2029.
The average revenue per user (ARPU) is expected to be US$69.22.
By 2029, online sales are expected to account for 36% of the total revenue generated within the Bus Tickets market.
It is worth noting that in global comparison, China is projected to generate the most revenue in this market, with a projected revenue of US$5bn in 2024.
Mauritius' bus market is experiencing a shift towards electric buses, driven by government initiatives to reduce carbon emissions.

Definition:

The Bus tickets market consists of tickets for long-distance travel or cross-regional travel by bus or coach. This includes country-specific providers of bus transport, e.g., Eurolines, National Express and Greyhound. As a rule, travel for single passengers and groups or time-limited subscription-based travel can be booked up to a year in advance. Tickets for public transport, for within a city or other local travel are not included.

Additional Information:

The main performance indicators of the Bus tickets market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the above-mentioned markets. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year. Additional definitions for each market can be found within the respective market pages.

The booking volume includes all booked rides made by users from the selected region, regardless of where the ride took place.

For further information on the data displayed, refer to the info button right next to each box.

Tickets for long-distance travel or cross-regional travel by bus or coach
Time-limited subscription based travel
Line service and regular, scheduled bus service
All online and offline booked long-distance bus tickets regardless of the purchase channel

Tickets for public transport, for within a city or other local travel
Bus trips that are organized as an excursion or specifically for a travel group

The Buses market in Mauritius is experiencing steady growth due to various factors such as customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Mauritius have shown a growing preference for buses as a mode of transportation. This is primarily due to the affordability and convenience that buses offer. Buses are a cost-effective means of travel compared to private vehicles, and they also provide a reliable and efficient way to navigate through the island. Moreover, buses are considered to be more environmentally friendly, which aligns with the increasing awareness and concern for sustainability among customers.

Trends in the market: One of the key trends in the Buses market in Mauritius is the modernization of the bus fleet. The government and private bus operators have been investing in newer buses that are equipped with advanced features such as air conditioning, comfortable seating, and improved safety measures. This trend is driven by the need to enhance the overall passenger experience and attract more customers. Additionally, there is a growing focus on implementing technology solutions such as real-time tracking and online ticketing systems to improve operational efficiency and customer convenience.

Local special circumstances: Mauritius is a small island nation with a relatively high population density. This makes buses a practical and efficient mode of transportation for both residents and tourists. The island's road infrastructure has also been improving, with the construction of new roads and the expansion of existing ones. These developments have further contributed to the growth of the Buses market in Mauritius, as they enable better connectivity and accessibility.

Underlying macroeconomic factors: The Buses market in Mauritius is influenced by several macroeconomic factors. The country has been experiencing steady economic growth, which has led to an increase in disposable income and improved living standards. As a result, more people are able to afford private vehicles. However, the cost of owning and maintaining a car in Mauritius is relatively high, making buses a more attractive option for many individuals and families. Additionally, the government has been implementing policies to promote public transportation and reduce traffic congestion, which further supports the growth of the Buses market. In conclusion, the Buses market in Mauritius is developing due to customer preferences for affordability and convenience, the trend of modernizing the bus fleet, the island's special circumstances, such as population density and improved road infrastructure, and the underlying macroeconomic factors of economic growth and government policies.

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of bus tickets.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

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