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The rising use of boats through inland waterways as a means of providing sightseeing services are expected to drive innovation in inland water passenger transport manufacturing, thus driving the market during the forecast period.

The global inland water passenger transport market is expected to grow from $1.64 billion in 2022 to $1.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The global inland water passenger transport market size is expected to grow to $2.11 billion in 2027 at a CAGR of 4.9%.

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Global Inland Water Passenger Transport Market Segments Include:

• By Passenger Transportation Type: Canal Passenger Transportation, Intercostal Transportation Of Passengers, Lake Passenger Transportation, Water Shuttle Services, River Passenger Transportation, Ship Chartering With Crew, Water Taxi Services
• By Mode: Cruise Ships, Cargo-Passenger Ship, Ferry Ships, Other Modes
• By Application: Supply Chain, Distribution, End Customers
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global inland water passenger transport market in 2021.

Major Market Players in the inland water passenger transport market include American Commercial Lines LLC, Ingram Industries, Jeffboat, European Cruise Service, Alnmaritec Ltd., Bayliner, Groupe Beneteau, CIWTC.

Companies in the inland water passenger transport market are increasingly implementing technology for enhancing the passenger and guest experience on-board. Cruise and ferry boats are among the first inland waterway passenger ships to adopt and integrate the technology. For instance, in July 2020, Ferryhopper, a Greece-based ferry booking platform, launched the 1st version of Ferryhopper’s App. This app enables customers to look up direct and indirect ferry connections, evaluate ferry operators, and check the status of available tickets in real time.

The Inland Water Passenger Transport Global Market Report 2023  provides a inland water passenger transport market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The inland water passenger transport market forecast analyzes inland water passenger transport market size, inland water passenger transport market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Inland water passenger transportation refers to a mode of transportation over stretches of water, not part of the sea, over which crafts with a carrying capacity of not less than 50 tonnes can navigate when normally loaded to provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways.

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