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Ocean & Coastal Transportation in Nunavut

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NU48311CA

Ocean & Coastal Transportation in Nunavut industry analysis

Revenue for the Ocean & Coastal Transportation industry in Nunavut is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Ocean & Coastal Transportation in Nunavut Market Research Report

What’s Included in the Ocean & Coastal Transportation in Nunavut Market Research Report

Definition of the Ocean & Coastal Transportation in Nunavut?

Companies in the Ocean and Coastal Transportation industry in Canada primarily transport freight and passengers using various forms of water transportation to needed destinations. This industry also offers cruise ships.

What’s included in the Ocean & Coastal Transportation in Nunavut?

The Ocean & Coastal Transportation in Nunavut includes marine transportation of general freight, bulk commodities, passengers and vehicles, cruise services, marine transportation between canadian points of destination, marine transportation of exports, unless operator is based out of destination country and marine transportation of imports, but only by domestically based players. Related terms covered in the Ocean & Coastal Transportation in Nunavut industry report includes an assortment of specific canals and locks enable ocean-going vessels to travel from the atlantic ocean to the great lakes, cargo that is shipped in large, unpacked amounts. examples include iron ore, coal and grain and liquid cargo that is shipped in large, unpacked amounts. examples include oil, fuel and chemicals.

Industry Performance of the Ocean & Coastal Transportation industry in Nunavut

Benchmark the Ocean & Coastal Transportation in Nunavut industry performance with all NU Census Metropolitan Area and national performance.

Ocean & Coastal Transportation in Nunavut

#11 in Highest Revenue 0.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Ocean & Coastal Transportation in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Ocean & Coastal Transportation industry in Nunavut

See how key industry drivers, such as gross domestic product, per capita disposable income, private investment in non-residential construction, value of intellectual property products, national unemployment rate and total advertising expenditure are impacting Ocean & Coastal Transportation in Nunavut

Nunavut Economic Indicators

Gross Domestic Product
Per Capita Disposable Income
Private Investment in Non-Residential Construction

View more economic information in NU State Economic profile

Canada Key External Drivers

Value of intellectual property products
National unemployment rate
Total advertising expenditure

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Ocean & Coastal Transportation industry in Nunavut

Key Statistics of the Ocean & Coastal Transportation industry in Nunavut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Ocean & Coastal Transportation industry in Nunavut in 2025?

The market size of the Ocean & Coastal Transportation industry in Nunavut is $35.4m in 2025.

How many businesses are there in the Ocean & Coastal Transportation industry in Nunavut in 2025?

There are 5 businesses in the Ocean & Coastal Transportation industry in Nunavut, which has been growing at an average annual rate of 4.6% from 2020 to 2025.

Has the Ocean & Coastal Transportation industry in Nunavut grown or declined over the past 5 years?

The market size of the Ocean & Coastal Transportation industry in Nunavut has been growing at an average annual rate of 8.8% from 2020 to 2025.

How many employees in the Ocean & Coastal Transportation industry in Nunavut in 2025?

There are 98 employees in the Ocean & Coastal Transportation industry in Nunavut, which has been growing at an average annual rate of 8.6% from 2020 to 2025.