Global Cruises
Market Report
2025
Cruises market size will be $9.45 Billion in 2023. The cruise industry's Compound Annual Growth Rate will be 9.1% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Cruises market size will be $9.45 Billion in 2023. The cruise industry's Compound Annual Growth Rate will be 9.1% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Cruises Market Sales Revenue | 121212 | 121212 | 121212 | 9.1% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Traveler Demographics |
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Market Split by Cruise Duration |
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Market Split by Capacity |
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Market Split by Propulsion |
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Market Split by Booking Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Cruises industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Cruises Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A cruise, in travel and tourism, typically refers to a vacation or voyage taken on a large passenger ship or cruise liner. Cruise ships are a type of luxury vessel designed to transport passengers on an excursion, which is an extended journey that is integral to the overall experience, as well as the various destinations along the route. Passengers on a cruise ship travel to various destinations, often stopping at multiple ports along the way. Cruises can be for leisure, relaxation, and exploration, and they may offer a variety of amenities and activities on board.
The Cruise Tourism Sector is gaining popularity across the globe. A cruise ship is a luxurious passenger ship with all the entertainment options, activities, amenities, and attractions present only for the purpose of enhancing the passenger's experience. It is At this journey, the primary emphasis is on passengers remaining on the ship and enjoying awesome places to visit along the way. As per the Cruise Lines International Association, Gen Z is one of the largest consumers of the cruise industry. This generation is looking for unique and memorable experiences during traveling, which is likely to contribute to the growth of the cruise industry. As the population ages, cruise vacations appeal to older individuals who may prefer the comfort and amenities offered by cruise ships. Cruises provide a hassle-free way to explore multiple destinations without the need to constantly pack and unpack. These factors contribute to the increasing popularity of cruise tourism. As a result, the cruise market is expected to show the fastest growth in the near future
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The Cruises market's competitive landscape offers a thorough examination of the dynamics of the Automobile and Transportation industry, exposing the ways in which prominent firms interact, compete, and position themselves strategically. The distribution of market share among top companies, the identification of market leaders, and the elements influencing their dominance are all included in this analysis.The study explores the competitive tactics used by these companies, which are crucial to preserving or improving their market position. These tactics include product differentiation, creative pricing schemes, joint ventures, mergers and acquisitions (M&A), and strategic alliances. In order to help businesses keep ahead of the competition, the competitive landscape research also includes the most recent company advancements, such as plans for global expansion, new product launches, and cutting-edge technical advancements.
A better understanding of the performance of individual companies and the dynamics of the market is provided by the report, which also offers insights into financial performance measures such as revenue, gross margin, and market share for major players from 2021 to 2024. Each significant rival has a SWOT analysis that highlights its advantages, disadvantages, opportunities, and threats. This helps investors and organizations make well-informed decisions by providing a comprehensive understanding of the competitive dynamics at work. Additionally, the research evaluates how businesses have handled difficulties like the COVID-19 epidemic, emphasizing their initiatives for digital transformation, cost reduction, and increased operational efficiency.
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Top Companies Market Share in Cruises Industry: (In no particular order of Rank)
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North America has the largest revenue share in the cruise market. The region's leading position in the global market is primarily driven by the presence of key leaders along with technological advancement. Moreover, increased disposable income, consumer spending, and a well-established tourism industry are also some of the key driving factors of the Cruise market
The current report Scope analyzes Cruises Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Cruises Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cruises Industry growth. Cruises market has been segmented with the help of its Type, Application Traveler Demographics, and others. Cruises market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In 2022, the ocean cruise was the leading segment with over 78.0% revenue share of the total cruise market. The large number of players providing ocean cruise services for intercontinental trips is one of the major reasons driving the ocean cruise segment. Moreover, the river cruise segment is projected to grow at a CAGR of 12.03% within the forecast period. This is mainly due to people shifting towards river view tourism packaging.
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Segmenting the Cruises market by Application is essential for understanding industry dynamics and identifying key demand drivers. Application refer to the specific use cases or end-user industries that rely on Cruises products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Cruises solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Application of Cruises are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cruises Market is witnessing significant growth in the near future.
In 2023, the Ocean Cruises segment accounted for noticeable share of global Cruises Market and is projected to experience significant growth in the near future.
The Transportation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Hyundai Heavy Industry Co. Ltd. , Daewoo Shipbuilding & Marine Engineering (DSME) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Ocean Cruises, River Cruises, Mainstream Cruises, Others |
Application | Transportation, Leisure, Others |
Traveler Demographics | Family Cruises, Couples & Honeymooners, Solo Travelers, Others |
Cruise Duration | Short Cruises (1–3 days), Medium Cruises (4–7 days), Long Cruises (8–14 days), Extended Voyages (15+ days) |
Capacity | Small Cruise Ship, Medium Cruise Ships, Large Cruise Ships, Mega Cruise Ships |
Propulsion | Diesel-Powered Ships, LNG-Powered Ships, Hybrid/Electric Ships |
Booking Channel | Online, Offline |
List of Competitors | Hyundai Heavy Industry Co. Ltd., Samsung Heavy Industries Co. Ltd., Daewoo Shipbuilding & Marine Engineering (DSME), Mitsubishi Heavy Industry. Ltd., Fincantieri S.p.A., Chantiers de l'Atlantique, MEYER Turku, Others |
This chapter will help you gain GLOBAL Market Analysis of Cruises. Further deep in this chapter, you will be able to review Global Cruises Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cruises. Further deep in this chapter, you will be able to review North America Cruises Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cruises. Further deep in this chapter, you will be able to review Europe Cruises Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cruises. Further deep in this chapter, you will be able to review Asia Pacific Cruises Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cruises. Further deep in this chapter, you will be able to review South America Cruises Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cruises. Further deep in this chapter, you will be able to review Middle East Cruises Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cruises. Further deep in this chapter, you will be able to review Middle East Cruises Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cruises. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Traveler Demographics Analysis 2021 - 2033
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Chapter 13 Market Split by Cruise Duration Analysis 2021 - 2033
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Chapter 14 Market Split by Capacity Analysis 2021 - 2033
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Chapter 15 Market Split by Propulsion Analysis 2021 - 2033
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Chapter 16 Market Split by Booking Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cruises market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 18 Research Methodology and Sources
Why Ocean Cruises have a significant impact on Cruises market? |
What are the key factors affecting the Ocean Cruises and River Cruises of Cruises Market? |
What is the CAGR/Growth Rate of Transportation during the forecast period? |
By type, which segment accounted for largest share of the global Cruises Market? |
Which region is expected to dominate the global Cruises Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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