Train Tickets - Sweden | Statista Market Forecast

Sweden is projected to see a significant increase in the revenue of the Train Tickets market, with a projected revenue of US$763.30m in 2024.
The market is expected to grow at an annual growth rate of 2.55%, resulting in a projected market volume of US$865.70m by 2029.
Moreover, the number of users is expected to increase to 4.35m users by 2029, with a user penetration rate of 39.7% by the same year.
The average revenue per user (ARPU) is expected to be US$200.60.
It is projected that a significant proportion of the revenue, 84%, will be generated through online sales by 2029.
In comparison, China is expected to generate the most revenue in the Train Tickets market, with a projected revenue of US$72bn in 2024.
Sweden is leading the way in sustainable train transportation with their commitment to having 100% fossil-free trains by 2030.

Definition:

The Train tickets market consists of tickets for long-distance travel or cross-regional travel by train. This includes country-specific providers of passenger rail transport such as Deutsche Bahn, Amtrak or National Rail. 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 Train 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 train
Time-limited subscription based travel
Line service and regular train 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

The Trains market in Sweden has been experiencing significant growth in recent years. Customer preferences have shifted towards more sustainable and efficient modes of transportation, leading to increased demand for trains. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the market. Customer preferences in Sweden have been influenced by a growing concern for the environment and a desire to reduce carbon emissions. Trains offer a more sustainable alternative to cars and airplanes, as they produce fewer greenhouse gas emissions per passenger-kilometer. This has led to a shift in customer preferences towards train travel, especially for domestic and regional journeys. Furthermore, trains are often perceived as a more comfortable and convenient mode of transportation, with amenities such as onboard Wi-Fi and spacious seating. The market trends in the Trains market in Sweden are also influenced by local special circumstances. Sweden has a well-developed railway infrastructure, with an extensive network of tracks connecting major cities and towns. This makes train travel a viable and efficient option for both commuters and tourists. The government has also invested in improving and expanding the railway network, further supporting the growth of the market. Additionally, the high-speed trains introduced in recent years have reduced travel times and increased the attractiveness of train travel. Underlying macroeconomic factors have also played a role in the development of the Trains market in Sweden. The country has a stable economy and a high standard of living, which has resulted in increased disposable income for many individuals. This has allowed more people to afford train travel and has contributed to the growth of the market. Furthermore, Sweden has a strong tourism industry, with a high number of international visitors each year. The availability of efficient and reliable train services makes it easier for tourists to explore the country, leading to increased demand for train travel. In conclusion, the Trains market in Sweden has experienced significant growth due to a shift in customer preferences towards more sustainable and efficient modes of transportation. The local special circumstances, such as a well-developed railway infrastructure and government investments, have further supported this growth. Additionally, underlying macroeconomic factors, such as a stable economy and a strong tourism industry, have contributed to the development of the market. Overall, the Trains market in Sweden is expected to continue growing in the coming years as more individuals choose train travel as their preferred mode of transportation.

Data coverage:

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