The wages and salaries forecast for the UK inland passenger water transport sector reveals steady growth from 2024 to 2028. The sector is projected to average a Compound Annual Growth Rate (CAGR) of approximately 3.5% over these five years. In 2023, the figure stood at 62 million euros, marking the beginning of a consistent upward trend. Year-on-year growth rates exhibit moderate increments, reflecting the industry's stable expansion.
Future trends to watch for include potential impacts from policy shifts, technological advancements in transport, and economic conditions that could affect both demand and labor costs in the sector. Additionally, sustainability initiatives and their adoption might influence operational expenses and, consequently, wage adjustments.
