Long-Distance Collective Passenger Transportation in Mexico - Industry Market Research Report

Traffic jam: The industry will consolidate as disposable income rises and more consumers own cars

Long-Distance Collective Passenger Transportation in Mexico
The Long-Distance Collective Passenger Transportation industry in Mexico comprises established dedicated to providing transportation services for passengers between cities, metropolitan areas or rural areas. Generally, services are catered to commuters from outside the city or for low-cost transportation over long distances. As a result, the industry generally markets its services to travelers that do not own a car and have moderately low levels of household income. When the volume of airline passengers increases, which is often a result of rising disposable income levels, demand for long-distance collective passenger transportation services will also decline. Three of the four major airlines in Mexico offer low-fare tickets, which have been a key driver of growth in that market. As the number of long-distance travelers using airline transportation services to travel for business or leisure has risen, industry demand has declined. Over the next five years, the Mexican economy is anticipated to continue to experience declining unemployment and rising disposable income levels. The number of motor vehicle registrations is anticipated to rise during the five-year period, while the number of airline passengers will also continue to grow rapidly. Overall, these effects will negatively affect this industry. This industry comprises establishments dedicated primarily to providing transportation services for passengers between cities, metropolitan areas or rural areas. Operators provide collective transport services, on fixed and regular schedules, using buses or vans. This industry excludes collective transport services within metropolitan areas; taxi services; establishments that provide bus rentals with a driver; tourist transport services in panoramic buses or vans; and car rental services. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.