Global Cruises
Market Report
2024
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 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. 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.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Cruises Market Sales Revenue 2023 | $ 9.45 Billion |
Global Cruises Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.1% |
Market Split by Type |
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Market Split by Application |
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Market Split by Size |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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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
We have various report editions of Cruises Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Cruises Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
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. To learn more about geographical trends request the free sample pages. Contact US!
Global Cruises Market Report 2024 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 Size, 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.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cruises Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Cruises from 2019 to 2031. This will also help to analyze the demand for Cruises across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Cruises are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Cruises market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
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 Mainstream Cruise Ships 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. , Norwegian Cruise Line Holdings Ltd. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Mainstream Cruise Ships, Ocean Cruise Ships, Luxury Cruise Ships, Others |
Application | Transportation, Leisure, Others |
Size | Small, Mid, Large |
List of Competitors | Hyundai Heavy Industry Co. Ltd., Samsung Heavy Industries Co. Ltd., Norwegian Cruise Line Holdings Ltd., Silversea Cruises, AmaWaterways, DSME Co. Ltd., Mitsubishi Heavy Industry. Ltd., Fincantieri S.p.A., MSC Cruises S.A., Meyer Werft Gmbh & Co. Kg |
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
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Cruises Market Trends North America Cruises Technological Road Map North America Cruises Market Drivers North America Cruises Market Restraints North America Cruises Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private 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.
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.
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 2019 -2031
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 2019 -2031
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 12 Market Split by Size Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cruises market
Chapter 13 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.
Why Mainstream Cruise Ships have a significant impact on Cruises market? |
What are the key factors affecting the Mainstream Cruise Ships and Ocean Cruise Ships 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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