The Sea and Coastal Passenger Water Transport industry offers a range of services, including cruises, ferry services and fishing charters. The industry is reliant on domestic and international tourism because ferries transport travellers and cruise ships offer combined travel and accommodation. The past five years have been challenging for the industry. The recession hit the global economy, causing travellers to limit their discretionary spending. However, although total industry revenue has declined, the cruise segment has performed strongly and expanded by marketing value holidays, such as all-inclusive cruises.
This industry includes all operators that transport passengers on sea and coastal waters. This includes the operation of excursion, cruise or sightseeing boats, the operation of ferries and water taxis and the renting of pleasure boats with crew for sea or coastal transport. The renting of boats without crew and restaurant and bar activities on board ships, when provided by separate businesses, are both excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.