Forecast: Turnover in Sea and Coastal Passenger Water Transport Sector in Italy

Based on the data, the turnover in the sea and coastal passenger water transport sector in Italy is projected to increase from 6.98 billion euros in 2024 to 7.43 billion euros in 2028. As we are currently in 2024, the turnover for 2023 stood at 6.87 billion euros. The year-on-year variations are positive, marking a steady growth trajectory:

- 2024: 1.60% growth

- 2025: 1.57% growth

- 2026: 1.69% growth

- 2027: 1.53% growth

- 2028: 1.50% growth

The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is 1.58%.

Future trends to watch for include increasing investments in sustainable and eco-friendly maritime transportation, technological advancements in booking and service integration, and a possible rise in domestic travel preferences, which could further boost the sector's growth.

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