Driven away: Ongoing rail strikes push coach ticket sales, aiding profitability in 2023-24
Over the five years through 2023-24, revenue is projected to contract at a compound annual rate of 4.5% to £3.5 billion. The industry has alternated between revenue growth and contraction and has exhibited high revenue volatility. This is due to rising international tourist numbers, fluctuating fuel prices and economic uncertainty. External competition has increased due to significant government investment in rail transport.
This industry includes scheduled long-distance bus services and coach charters and excursions. This industry also includes airport shuttles, school bus services and buses for the transportation of employees.
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.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Mobico Group plc
- Stagecoach Group Ltd
Methodology
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