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Forecasts indicate that the worldwide cruise ship tourism industry will expand from $7.14B in 2024 to $22.16B in 2031, a CAGR (Compound Annual Growth Rate) of 13.8%.
Vacations that revolve around a cruise ship are known as cruise tourism. It is also possible to have a multi-center holiday by visiting multiple locations while on a cruise. You may see cruise ships in rivers and oceans of all sizes, from megaships to little yachts. Tourists often board cruises to the Arctic, the Mediterranean, and the Caribbean. For the purposes of this definition, a "cruise" is an all-inclusive vacation on a ship that visits multiple ports or towns over the course of at least 48 hours. This is a more luxurious kind of vacation.
When it comes to interior capacity, cruise ships are among the biggest on the planet. They can carry thousands of passengers on a single journey and are larger than many cargo ships. Passengers can greatly enhance their comfort and enjoyment of their voyage by taking advantage of the many available facilities. Along with large staterooms, excellent dining options, world-class shows, spa services, and more, these luxury cruise ships aim to deliver clients an unforgettable vacation. Private islands or beaches and exclusive shore excursions are additional amenities offered by several high-end cruise lines.
Property damage, injury, and death can result from accidents and mishaps including shipwrecks, fires, and other catastrophes. Passengers may opt not to book trips and cruise operators' reputations could take a hit. The security of the cruise sector is also affected by the threat of terrorism. Attacks on cruise ships, which are considered valuable targets, can halt the expansion of the cruise tourism industry and cause disastrous effects.
River cruises, ocean cruises, excursion cruises, theme cruises, adventure cruises, and other types of cruises make up part of the worldwide cruise ships tourism market. It is anticipated that, throughout the projected period, the ocean cruise sector will account for the largest portion of the cruise ships tourist market. New ships with cutting-edge facilities, the rise in popularity of themed voyages (such adventure, music, or gourmet holidays), and the opening of previously unexplored ports of call all have an impact on the ocean cruise business. In an attempt to entice and keep customers, cruise lines have been pouring money into onboard technologies and services like virtual reality rides, immersive entertainment systems, and robot bartenders.
Cruise ship itineraries can be categorized according to length: 1-3 days, 4-6 days, 7 days, 8–13 days, 14 days, 15-20 days, and more than 21 days. The cruise ships tourism industry is anticipated to experience the most rapid growth in the 7 days segment throughout the projected period. Consequently, cruise vacations, especially those lasting seven days, are in high demand. Cruises, especially those lasting seven days or longer, have grown in popularity as a mode of transportation. More and more people are searching for all-inclusive vacations, and cruises offer a great chance to see many attractions without having to worry about lodging, meals, or transportation.
Passengers' ages determine the global cruise ship tourism market segmentation: younger than 12, 13–19, 20–29, 30-39, 40–49, 50–59, and older than 60. Of these, the demographic most likely to visit cruise ships around the world during the forecast period is those in the age bracket of 40 to 49. Because they can afford the most extravagant cruises with the best amenities and services, people in this age bracket tend to have more secure financial situations. Ecotourism and cultural excursions are examples of new activities that people are more open to trying, and they may even be willing to pay extra for them.
It is projected that North America will account for the largest portion of the global cruise ship tourism sector in the coming years. This is because more and more people are opting to take cruises as their vacation choice. The convenience, comfort, and elegance of cruising have attracted many individuals, leading to the industry's rise. Compared to younger generations, baby boomers in North America are more inclined to go on cruises. Furthermore, demand is being driven up by the growing number of people who can afford to take cruises, thanks to the expanding middle class in North America. Canada, the Caribbean, Mexico, and Alaska are just a few of the many North American cruise ship destinations.
Report Coverage
Global Cruise Ships Tourism research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cruise Ships Tourism report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cruise Ships Tourism competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cruise Ships Tourism market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cruise Ships Tourism market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cruise Ships Tourism market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ambassador Cruise Holidays Ltd., Azamara, Compagnie du Ponant, Cosmos Tours Ltd., The Walt Disney Co., MSC Mediterranean Shipping Co. SA, Carnival Corp. and Plc, AmaWaterways, Virgin Cruises Intermediate Ltd., Riviera Travel, Genting Hong Kong Ltd., KSINC, LaVista Travel, Norwegian Cruise Line Holdings Ltd., Ocean World Ltd., Royal Caribbean Cruises Ltd., SAGA PLC, TUI AG, Viking Cruises, and others.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Cruise Ships Tourism market based on the below-mentioned segments:
Global Cruise Ships Tourism Market, By Type
River Cruise
Ocean Cruise
Expedition Cruise
Theme Cruise
Adventure Cruise
Others
Global Cruise Ships Tourism market, By Duration
1-3 days
4-6 days
7 days
8 to 13 days
14 days
15-20 days
More than 21 days
Global Cruise Ships Tourism Market, By Passenger Age
Less than 12 Years
13-19 Years
20-29 Years
30-39 years
40-49 years
50-59 years
Above 60 years
Global Cruise Ships Tourism market, Regional Analysis
Vacations that revolve around a cruise ship are known as cruise tourism. It is also possible to have a multi-center holiday by visiting multiple locations while on a cruise. You may see cruise ships in rivers and oceans of all sizes, from megaships to little yachts. Tourists often board cruises to the Arctic, the Mediterranean, and the Caribbean. For the purposes of this definition, a "cruise" is an all-inclusive vacation on a ship that visits multiple ports or towns over the course of at least 48 hours. This is a more luxurious kind of vacation.
When it comes to interior capacity, cruise ships are among the biggest on the planet. They can carry thousands of passengers on a single journey and are larger than many cargo ships. Passengers can greatly enhance their comfort and enjoyment of their voyage by taking advantage of the many available facilities. Along with large staterooms, excellent dining options, world-class shows, spa services, and more, these luxury cruise ships aim to deliver clients an unforgettable vacation. Private islands or beaches and exclusive shore excursions are additional amenities offered by several high-end cruise lines.
Property damage, injury, and death can result from accidents and mishaps including shipwrecks, fires, and other catastrophes. Passengers may opt not to book trips and cruise operators' reputations could take a hit. The security of the cruise sector is also affected by the threat of terrorism. Attacks on cruise ships, which are considered valuable targets, can halt the expansion of the cruise tourism industry and cause disastrous effects.
River cruises, ocean cruises, excursion cruises, theme cruises, adventure cruises, and other types of cruises make up part of the worldwide cruise ships tourism market. It is anticipated that, throughout the projected period, the ocean cruise sector will account for the largest portion of the cruise ships tourist market. New ships with cutting-edge facilities, the rise in popularity of themed voyages (such adventure, music, or gourmet holidays), and the opening of previously unexplored ports of call all have an impact on the ocean cruise business. In an attempt to entice and keep customers, cruise lines have been pouring money into onboard technologies and services like virtual reality rides, immersive entertainment systems, and robot bartenders.
Cruise ship itineraries can be categorized according to length: 1-3 days, 4-6 days, 7 days, 8–13 days, 14 days, 15-20 days, and more than 21 days. The cruise ships tourism industry is anticipated to experience the most rapid growth in the 7 days segment throughout the projected period. Consequently, cruise vacations, especially those lasting seven days, are in high demand. Cruises, especially those lasting seven days or longer, have grown in popularity as a mode of transportation. More and more people are searching for all-inclusive vacations, and cruises offer a great chance to see many attractions without having to worry about lodging, meals, or transportation.
Passengers' ages determine the global cruise ship tourism market segmentation: younger than 12, 13–19, 20–29, 30-39, 40–49, 50–59, and older than 60. Of these, the demographic most likely to visit cruise ships around the world during the forecast period is those in the age bracket of 40 to 49. Because they can afford the most extravagant cruises with the best amenities and services, people in this age bracket tend to have more secure financial situations. Ecotourism and cultural excursions are examples of new activities that people are more open to trying, and they may even be willing to pay extra for them.
It is projected that North America will account for the largest portion of the global cruise ship tourism sector in the coming years. This is because more and more people are opting to take cruises as their vacation choice. The convenience, comfort, and elegance of cruising have attracted many individuals, leading to the industry's rise. Compared to younger generations, baby boomers in North America are more inclined to go on cruises. Furthermore, demand is being driven up by the growing number of people who can afford to take cruises, thanks to the expanding middle class in North America. Canada, the Caribbean, Mexico, and Alaska are just a few of the many North American cruise ship destinations.
Report Coverage
Global Cruise Ships Tourism research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cruise Ships Tourism report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cruise Ships Tourism competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cruise Ships Tourism market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ambassador Cruise Holidays Ltd., Azamara, Compagnie du Ponant, Cosmos Tours Ltd., The Walt Disney Co., MSC Mediterranean Shipping Co. SA, Carnival Corp. and Plc, AmaWaterways, Virgin Cruises Intermediate Ltd., Riviera Travel, Genting Hong Kong Ltd., KSINC, LaVista Travel, Norwegian Cruise Line Holdings Ltd., Ocean World Ltd., Royal Caribbean Cruises Ltd., SAGA PLC, TUI AG, Viking Cruises, and others. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Cruise Ships Tourism Market from 2021 to 2031.
- Market Forecast for Cruise Ships Tourism Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Cruise Ships Tourism competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Cruise Ships Tourism
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cruise Ships Tourism market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cruise Ships Tourism market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ambassador Cruise Holidays Ltd., Azamara, Compagnie du Ponant, Cosmos Tours Ltd., The Walt Disney Co., MSC Mediterranean Shipping Co. SA, Carnival Corp. and Plc, AmaWaterways, Virgin Cruises Intermediate Ltd., Riviera Travel, Genting Hong Kong Ltd., KSINC, LaVista Travel, Norwegian Cruise Line Holdings Ltd., Ocean World Ltd., Royal Caribbean Cruises Ltd., SAGA PLC, TUI AG, Viking Cruises, and others.
Primary Target Market
- Market Players of Cruise Ships Tourism
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Cruise Ships Tourism market based on the below-mentioned segments:
Global Cruise Ships Tourism Market, By Type
River Cruise
Ocean Cruise
Expedition Cruise
Theme Cruise
Adventure Cruise
Others
Global Cruise Ships Tourism market, By Duration
1-3 days
4-6 days
7 days
8 to 13 days
14 days
15-20 days
More than 21 days
Global Cruise Ships Tourism Market, By Passenger Age
Less than 12 Years
13-19 Years
20-29 Years
30-39 years
40-49 years
50-59 years
Above 60 years
Global Cruise Ships Tourism market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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