Industry Analysis & Industry Trends
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, as 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.
Industry revenue is forecast to decline at a compound annual rate of 0.3% over the five years through 2015-16, falling from £2.9 billion in 2010-11 to £2.8... purchase to read more
Industry Report - Industry Locations Chapter
Establishments win the Sea and Coastal Passenger Water Transport industry in the United Kingdom are concentrated in regions with densely populated coastlines. The proximity of a region's ports to mainland Europe is a further factor. Industry establishments are therefore concentrated in the South East, South West and Scotland.
The South East
The largest number of industry establishments are in the South East, with its active ports in Dover and Portsmouth and Southampton. An estimated 25.6% of industry establishments are located in the region. The two busiest UK ports for international ferry services are Dover (the busiest passenger port in the world) and Portsmouth, both of which are convenient points of departure and arrival for regions of France and northern Europe. For.. purchase to read more