The intercity bus travel market is estimated to be valued at US$ 18.1 billion by 2024. The market valuation is estimated to be US$ 36.7 billion by 2034, projected at a CAGR of 7.3%. The rising cost of fuel and growing concerns about environmental sustainability drive the demand for intercity bus travel as a more …
Tag Archives: Intercity Bus Travel Market
Intercity Bus Travel Market Eyes US$ 25 Billion, Pursuing a 7% CAGR Through 2032 | FMI
The intercity bus travel market is poised to reach a valuation of US$ 16.86 Billion in 2022. Sales are projected to increase at a 7 % CAGR, with the market size reaching US$ 25 Billion by 2032. In some countries, transportation by trains is expensive, but faster than that of buses. Because of this difference, travelers choose trains over bus. But when …