In 2023, the turnover for sea and coastal passenger water transport in Germany was at 5.08 billion euros. The forecasted figures reveal a consistent upward trend from 2024 to 2028, starting at 5.38 billion euros in 2024 and reaching 6.68 billion euros by 2028. This indicates year-on-year growth rates of approximately 6.14% from 2023 to 2024, 6.13% from 2024 to 2025, 5.60% from 2025 to 2026, 5.47% from 2026 to 2027, and 5.03% from 2027 to 2028. Across the five forecasted years (2024-2028), we observe a compounded annual growth rate (CAGR) of roughly 5.68%.
Future trends to watch for include increased tourism and leisure travel, advancements in sustainable marine technologies, and the impact of geopolitical factors on travel and transport regulations. Monitoring these aspects will be crucial to understanding the long-term growth trajectory and potential fluctuations in the sea and coastal passenger water transport industry in Germany.
