In 2023, the number of passenger ships in Germany stood at 13 million gross tonnage. The forecasts project a growth from 13.28 million gross tonnage in 2024 to 14.2 million gross tonnage by 2028. This reflects a year-on-year increase of approximately 1.7% for 2024-2025, 1.7% for 2025-2026, 1.7% for 2026-2027, and 1.7% for 2027-2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be 1.77%, indicating a steady upward trend.
Future trends to watch for:
- Technological advancements enhancing ship efficiency.
- Increased demand for sustainable and eco-friendly ships.
- Changes in tourism patterns influencing passenger ship demand.