0 20px 10px
London, UK (PRWEB) September 26, 2012
The Sea & Coastal transportation industry Passenger Water is varied and offers services in the field of maritime transport of visits of cruise ships and fishing trips . The industry is highly to do with tourism. He lived some very difficult years threatened the global economy is stuck in the problems of late 2007 and travelers canceling discretionary spending. By IBISWorld industry analyst Caroline Finch, the journey is part of the industry exception. Continue to grow holiday marketing value, as well as all inclusive cruise industry estimated sales of? 3.44 billion in 2007-08 to? 2.73 billion in 2012-13, an annual decrease of 4.5% fall. This decline is expected to continue this year, revenue decreased by 3.7%. Job losses of bad sales trend resulted, as companies have sought to reduce costs in order to keep their heads above water. Innovation in products and services in an attempt to develop new markets is the largest in the cruise industry.
addition to economic conditions, competition has affected various sectors of substitutes. Finch adds ferries are particularly besieged by intense competition on prices of its competitors air and rail on the main roads. This level is expected to continue in the years to come. In addition, regulators increasing attention in industrial emissions of carbon and sulfur. The industry is likely. To cope with the rising cost of fuel regulation in the coming years these costs should reduce some unprofitable routes and scope of industrial activities. Growth is expected only for the cruise segment, but it is expected that cuts in other areas, this is compensated. Over the next five years, 2017-18, the turnover of the industry is expected to continue to decline.
sea and coastal transport industry Passenger Water contains the main operators, scattered geography of services and the variety of services offered Niche average is not the concentration of market share in the area of the high. The four largest companies in the sector represents about 60.6% of industry revenue. The slowdown in tourism activity in the midst of the global financial crisis has led some small businesses in the industry and has created the likelihood that the industry concentration will increase in the near future due to mergers and acquisitions. Large firms are Carnival, P & O Ferries, Cruise Company Magic, David MacBrayne Limited, Stena Line Limited and Fred.Olsen Cruise Lines.
For more information about the sea and the coast of the transportation industry passenger water, including the latest industry trends, statistics, analysis and market share information, buy the full report of IBISWorld, the nations largest publisher of industry research.
Industry Report Key Themes
operators in this sector are involved in the transport of passengers (as opposed to contrast freight) built ships at sea and in coastal waters. This may be for commuting, recreation or travel. Passenger on the rivers of the United Kingdom as a separate industry that classified.
Key External Factors
Products and Markets
Products & Services
Globalization and Trade
concentration market share
key success factors
Landmarks cost structure
barriers to entry
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database and unique analysis of many British industries. With a large online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better decisions. Headquartered in London, IBISWorld serves a range of business, professional service and government organizations in more than 10 locations worldwide. For more information, visit or call http://www.ibisworld.co.uk (020) 3008 6568 e
clear = “all”