In 2023, domestic tourism expenditure on water passenger transport services in the US was below $30.87 billion. From 2024 to 2028, a consistent year-on-year growth is forecasted, reaching $36.68 billion. The year-on-year growth rates suggest increasing demand and interest in water transport, driven by factors such as eco-tourism trends and improved waterway infrastructure. The CAGR for this period indicates a steady growth trajectory, reflecting a healthy increase in tourism spending.
Future trends to watch include:
- Impact of sustainable tourism practices on water transport demand.
- Technological advancements in water transport services.
- Evolving consumer preferences for unique travel experiences.
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