Water Passenger Transport in New Zealand - Industry Market Research Report
Description
Water Passenger Transport in New Zealand
The Water Passenger Transport has struggled with disruptions to demand caused by the pandemic. Water transport services rely heavily on high levels of international and domestic tourism. New Zealand's international border was shut from March 2020 to June 2022, causing a rapid decline in passenger numbers. Domestic tourism was also disrupted by intermittent lockdowns, both through a nationwide lockdown in 2020 and periodic city-wide lockdowns in 2021, especially in Auckland. Despite these repeated shutdowns, demand from domestic tourists and commuters has been minimally affected. Overall, revenue has declined by 1.8% to $307.7 million over the five years through 2022-23. As border restrictions have eased, water transport passenger numbers have also gradually recovered, contributing to a revenue upsurge of 12.3% in 2022-23.
Industry players operate vessels that transport passengers by water. The industry excludes firms that transport passengers primarily for sightseeing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Water Passenger Transport has struggled with disruptions to demand caused by the pandemic. Water transport services rely heavily on high levels of international and domestic tourism. New Zealand's international border was shut from March 2020 to June 2022, causing a rapid decline in passenger numbers. Domestic tourism was also disrupted by intermittent lockdowns, both through a nationwide lockdown in 2020 and periodic city-wide lockdowns in 2021, especially in Auckland. Despite these repeated shutdowns, demand from domestic tourists and commuters has been minimally affected. Overall, revenue has declined by 1.8% to $307.7 million over the five years through 2022-23. As border restrictions have eased, water transport passenger numbers have also gradually recovered, contributing to a revenue upsurge of 12.3% in 2022-23.
Industry players operate vessels that transport passengers by water. The industry excludes firms that transport passengers primarily for sightseeing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
41 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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