Water Taxi Market Size and trends
Global Water Taxi Market is estimated to be valued at US$ 10.94 Bn in 2025 and is expected to reach US$ 14.22 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 3.8% from 2025 to 2032.
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The growing tourism and transportation industry is expected to drive the demand for water taxis. Water taxis provide scenic views and are a faster mode of transport than road vehicles in areas near water bodies. Growing investments in developing water front areas and infrastructure and initiatives by governments globally to promote water transportation are contributing to the increased adoption of water taxis. However, high initial investment and maintenance costs of water taxis could hamper the market growth during the forecast period.
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