In 2023, the turnover for inland passenger water transport in Switzerland stood at a significant benchmark, reflecting the stability of this sector. The forecast data from 2024 to 2028 indicates a steady increase in turnover, starting at 844.8 million Euros in 2024, and rising to 967.4 million Euros by 2028. This points to an ongoing growth trajectory with noticeable year-on-year increments.
Key Year-on-Year Variations:
- 2024 to 2025: An increase of 3.7%
- 2025 to 2026: An increase of 3.5%
- 2026 to 2027: An increase of 3.3%
- 2027 to 2028: An increase of 3.2%
The Compound Annual Growth Rate (CAGR) over this five-year forecast period averages to about 3.4% per year, highlighting a consistent and modest growth pattern for the industry.
Future Trends to Watch For:
- Technological advancements in water transport vessels, improving efficiency and passenger experience.
- Environmental regulations and shifts toward sustainable practices in inland water transport.
- Changes in tourism patterns, which could significantly impact passenger volumes and turnover.