In 2023, the Sea and Coastal Passenger Water Transport Sector in Germany employed approximately 4.66 thousand people. The forecasted growth shows a positive trend, increasing from 4.85 thousand in 2024 to 5.59 thousand in 2028. The year-on-year growth rates for 2025, 2026, 2027, and 2028 are 3.92%, 3.57%, 3.64%, and 3.33% respectively. The compound annual growth rate (CAGR) projected over five years is approximately 3.63%.
Future trends to watch for:
- Technological innovations in passenger water transport impacting employment needs.
- Sustainable and eco-friendly practices influencing sector dynamics.
- Potential shifts in tourism demand due to emerging global factors.