Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#6 In EuropeBusiness
#10 In EuropeEmployees
#3 In EuropeWages
#3 In EuropeThe Sea & Coastal Passenger Water Transport in Norway ranks 6 in Europe with regards to its 2024 revenue (€1.5bn). Revenue received by operators in Norway has been moderate in volatility over the past five-year period, with the average annual change in revenue (13.8 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Sea & Coastal Passenger Water Transport industry in Norway in 2024?
The market size of the Sea & Coastal Passenger Water Transport industry in Norway is €1.5bn in 2024.
How many businesses are there in the Sea & Coastal Passenger Water Transport in Norway industry in 2024?
There are 352 businesses in the Sea & Coastal Passenger Water Transport industry in Norway, which has declined at a CAGR of 2.4 % between 2019 and 2024.
Has the Sea & Coastal Passenger Water Transport industry in Norway grown or declined over the past 5 years?
The market size of the Sea & Coastal Passenger Water Transport industry in Norway has been declining at a CAGR of 13.8 % between 2019 and 2024.
What is the forecast growth of the Sea & Coastal Passenger Water Transport industry in Norway over the next 5 years?
Over the next five years, the Sea & Coastal Passenger Water Transport industry in Norway is expected to grow.
What are the biggest companies in the Sea & Coastal Passenger Water Transport market in Norway?
The biggest companies operating in the Sea & Coastal Passenger Water Transport market in Norway are Stena Line Scandinavia AB and Det Forenede Dampskibs-Selskab A/S
What does the Sea & Coastal Passenger Water Transport in Norway include?
Ferry services and Cruise services are part of the Sea & Coastal Passenger Water Transport industry.
Which companies have the highest market share in the Sea & Coastal Passenger Water Transport in Norway?
The company holding the most market share in Norway is Stena Line Scandinavia AB.
How competitive is the Sea & Coastal Passenger Water Transport industry in Norway?
The level of competition is moderate and steady in the Sea & Coastal Passenger Water Transport industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Passenger Air Transport in Norway
Complementors
- Shipbuilding in Norway
- Recreational Boat & Yacht building in Norway
- Inland Freight Water Transport in Norway
Table of Contents
About this industry
Industry definition
The industry includes the transport of passengers on vessels designed for operating on sea or coastal waters. This includes excursion, cruise or sightseeing boats; ferries and water taxis; and pleasure boats that are rented out with crew for sea or coastal transport.
What's included in this industry?
Ferry services Cruise servicesIndustry Code
5011 - Sea and coastal passenger water transport in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Sea & Coastal Passenger Water Transport in Norway
- Employees in the Sea & Coastal Passenger Water Transport in Norway
- Business in the Sea & Coastal Passenger Water Transport in Norway
- Profit in the Sea & Coastal Passenger Water Transport in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
More stringent efficiency regulations necessitate significant investment. Cruise and passenger ferry operators have been forced to make modifications to their fleet in response to tightened environmental legislation.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Sea & Coastal Passenger Water Transport in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profitability stays below its pre-COVID-19 level. Passenger numbers are recovering from pandemic-induced lows, supporting a return to profitability, but high fuel costs and ongoing economic uncertainty are keeping returns depressed.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Sea & Coastal Passenger Water Transport in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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