South Africa Minibus Taxi, Bus Services and Metered Taxi Market Report 2022 Featuring Arrow, Greyhound, Intercape, Rose, Eagle, Bolt and Uber
Dublin, Jan. 11, 2023 (GLOBE NEWSWIRE) -- The "The Minibus Taxi, Bus Services and Metered Taxi Industry in South Africa 2022" report has been added to ...
Dublin, Jan. 11, 2023 (GLOBE NEWSWIRE) -- The "The Minibus Taxi, Bus Services and Metered Taxi Industry in South Africa 2022" report has been added to ResearchAndMarkets.com's offering. This report focuses on the minibus taxi, bus and coach and metered taxi services industry.
It includes information on the size and state of the sector, regulations and developments, including the effects of disruption by e-hailing companies and security issues in the bus sector. There are profiles of 57 companies including bus companies such as Arrow, Greyhound and Intercape, traditional taxi operators such as Rose and Eagle and e-hailing services Bolt and Uber. The vast majority of South Africans are totally dependent on public transport (bus, taxi and rail) for transportation, spending on average 20% of their disposable income on public transport compared to a 10% average in developing countries.
However, public transport is inefficient and there is a lack of adequate infrastructure. COVID-19 had a significant effect on the industry as people changed the way they live and work, and the probability of the industry returning to pre-pandemic levels in terms of passenger trips and revenue is unlikely.SubsidiesBuses and trains benefit from government subsidies, but minibus taxis are unsubsidised and have low profit margins. The taxi industry, including street-hailing and e-hailing services, was severely affected by the pandemic and continues to struggle to recover to sustainable levels.
Rising fuel and vehicle purchase and operating costs have amplified calls by minibus taxi associations for government to subsidise the sector.Bus and coach servicesThe bus fleet is ageing, becoming less reliable and requiring increasing maintenance. Lack of adequate funding has resulted in many areas not being served by buses, even where demand exists, leading to a market that becomes 'captured' by the taxi industry. The bus and coach industry has also been subjected to ongoing, systematic and co-ordinated attacks.
Sales of new buses decreased by 17.8% in the first half of 2022 in comparison with 2021, as bus operators have opted to either refurbish vehicles or purchase reconditioned units.Key Topics Covered: 1. INTRODUCTION2. DESCRIPTION OF THE INDUSTRY2.1.
Industry Value Chain2.2. Geographic Position2.3. Size of the Industry2.4.
Key Success Factors and Pain Points3. LOCAL3.1. State of the Industry3.2.
Key Trends3.3. Notable Players3.4. Corporate Actions3.5.
Regulations3.6. Enterprise Development and Social Economic Development4. AFRICA5.
INTERNATIONAL6. INFLUENCING FACTORS6.1. COVID-196.2.
Russia-Ukraine War6.3. July 2021 Civil Unrest in KwaZulu-Natal and Gauteng6.4. April 2022 Flooding in KwaZulu-Natal6.5.
Economic Environment6.6. Fuel prices6.7. Tourism6.8.
Cyclicality6.9. Labour6.10. Environmental Issues6.11.
Infrastructure6.12. Electricity supply restrictions and load-shedding6.13. Safety and security6.14.
Automotive industry6.15. Technology, Research and Development (R&D) and Innovation6.16. Government Support and Initiatives6.17.
Input Costs7. COMPETITIVE ENVIRONMENT7.1. Competition7.2.
Ownership Structure of the Industry7.3. Barriers to Entry8. SWOT ANALYSIS9.
OUTLOOK10. INDUSTRY ASSOCIATIONS11. REFERENCES11.1.
Publications11.2. WebsitesAPPENDIX - SUMMARY OF NOTABLE PLAYERS Urban, Suburban & Inter-urban Bus & Coach Passenger LinesThe Metered Taxi IndustryCompany ProfilesAfrica's Best 350 (Pty) LtdAlgoa Bus Company (Pty) LtdAmarosa Trading (Pty) LtdAndy's Metered Cabs (Pty) LtdArrow Coaches CCAtamelang Bus Transport (Pty) LtdAutopax Passenger Services SOC LtdBolt Services ZA (Pty) LtdBuscor (Pty) LtdChaufHer South Africa (Pty) LtdCity of Cape Town Metropolitan MunicipalityCity of Ekurhuleni Metropolitan MunicipalityCity of Tshwane Metropolitan Municipality (The)Combined Transport Services (Pty) LtdCream Magenta 326 (Pty) LtdCullinan Holdings LtdDuzi Bus Service (Pty) LtdEagle Radio Taxis (Pty) LtdEldo Coaches (Pty) LtdElwierda (Stellenbosch) (Pty) LtdEmmaculate Transport and Cabs (Pty) LtdEmondhlo Bus Service (Pty) LtdExcite Backpackers (Pty) LtdFrontier Transport Holdings LtdGauteng Coaches (Pty) LtdGeorge Local MunicipalityGreat North Transport (SOC) LtdGreyhound Coach Lines (Pty) LtdIkhwezi Bus Service (Pty) LtdImperial Logistics Motion (Pty) LtdIntercape Ferreira Mainliner (Pty) LtdItumele Bus Lines (Pty) LtdJohannesburg Metropolitan Bus Services SOC LtdKZN Bus Services (Pty) LtdKZT Bus Services (Pty) LtdKZT Country Cruiser (Pty) LtdMaxi Drivers Association NPCMayibuye Transport CorporationMetro Bus Service (Pty) LtdNorthwest Star SOC LtdOrange Cabs (Pty) LtdPhumatra Transport Enterprise (Pty) LtdPiotrans (Pty) LtdPolokwane Local MunicipalityPUTCO (Pty) LtdRoodepoort Metered Taxi Association NPCRose Travel and Enterprises LtdRustenburg Local MunicipalitySandton Taxi Cabs (Pty) LtdScopefull 21 (Pty) LtdSouth Coast Bus Service (Pty) LtdStabus Tours (Pty) LtdTansnat Coachlines (Pty) LtdTaxi Live (Pty) LtdUber Technologies IncUnitrans Passenger (Pty) LtdView Africa Tours and Transfers (Pty) Ltd For more information about this report visit URL About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.