Cruise Travel Market

Cruise originally refers to a large passenger ship (shipping-liner) which is fixed and regularly sailed on the sea. In the early stage, it was also responsible for carrying mail between the two places. Because the word "post" is related to the postal industry, it is called a cruise. With the development of aviation technology and tourism, cruise ships, originally used as passenger or postal transportation, have gradually withdrawn from the historical stage. Instead, luxury cruises with completely different locations are equipped with a variety of facilities for life, entertainment, leisure and vacation. Essentially, cruise is a "floating hotel", a "super five-star hotel" floating on the sea, known as "aimless destination" and "floating Resort at sea". Therefore, cruise is not only a tool to transport passengers to visit mountains and rivers and enjoy the beautiful scenery, but also a comprehensive service platform for leisure and vacation.

Cruise companies provide a variety of services to passengers for different periods and routes. Consumers can choose from short-term (such as two days) to long-term (such as a few weeks) cruises. Each cruise serves a certain voyage, and the voyage itself and the recreational facilities on the cruise are the main components of consumer spending. Cruise speed, port of departure, tourist destination of berth, duration of voyage and distance between berths constitute the whole itinerary.

Cruise Travel Market contains market size and forecasts of Cruise Travel in Global, including the following market information:

Global Cruise Travel Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Cruise Travel market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Ocean Cruise Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Cruise Travel include Carnival Corporation, Royal Caribbean, Norwegian Cruise Lines, MSC Cruises, Genting Hong Kong, Disney Cruise, Marella Cruises (TUI), Saga Cruises (Saga Group) and Bohai Cruise and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Cruise Travel companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cruise Travel Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Cruise Travel Market Segment Percentages, by Type, 2021 (%)

Ocean Cruise

River Cruise

Global Cruise Travel Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Cruise Travel Market Segment Percentages, by Application, 2021 (%)

Passenger Tickets

Onboard and Other

Global Cruise Travel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Cruise Travel Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Cruise Travel revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Cruise Travel revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Carnival Corporation

Royal Caribbean

Norwegian Cruise Lines

MSC Cruises

Genting Hong Kong

Disney Cruise

Marella Cruises (TUI)

Saga Cruises (Saga Group)

Bohai Cruise

Century Cruises