The forecasted turnover for the UK sea and coastal passenger water transport sector shows a steady growth trajectory from 2024, starting at £8.33 billion, increasing yearly to reach £9.54 billion by 2028. The year-on-year percentage growth between 2024 to 2028 indicates a consistent increase, with notable increments annually. However, our records lack the turnover value for 2023, making it challenging to determine the precise growth percentage from 2023 to 2024. Taking the forecasted five-year CAGR will reflect a healthy upward trend, suggesting opportunities within the sector post-2024.
Future trends to watch for include:
- Technological advancements in sustainable marine transportation.
- Policy changes impacting the maritime sector.
- Shifts in tourism patterns affecting passenger numbers.
