Global Cruise Tourism Market 2024-2028

The cruise tourism market is forecasted to grow by USD 24.88 bn during 2023-2028, accelerating at a CAGR of 12.07% during the forecast period. The report on the cruise tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strong global economic recovery and an increasing number of HNWIs, an increase in onboard facilities and services, and an increase in government support for cruise industry.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	10.76%
CAGR	12.07%
Incremental Value	$24.88bn

Technavio's cruise tourism market is segmented as below:

By Application

Ocean cruising
River cruising

By Product

Passenger ticket
Onboard facilities

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing number of repositioning cruises as one of the prime reasons driving the cruise tourism market growth during the next few years. Also, improvements in port infrastructure and increasing focus on sustainability will lead to sizable demand in the market.

The report on the cruise tourism market covers the following areas:

Cruise tourism market sizing
Cruise tourism market forecast
Cruise tourism market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cruise tourism market vendors include AmaWaterways, Ambassador Cruise Holidays Ltd., American Cruise Lines, Azamara, Carnival Corp. and Plc, Compagnie du Ponant, Cosmos Tours Ltd., Genting Hong Kong Ltd., KSINC, LaVista Travel, MSC Mediterranean Shipping Co. SA, Norwegian Cruise Line Holdings Ltd., Ocean World Ltd., Riviera Travel, Royal Caribbean Cruises Ltd., SAGA PLC, The Walt Disney Co., TUI AG, Viking Cruises, and Virgin Cruises Intermediate Ltd.. Also, the cruise tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR73252

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Cruise Tourism Market 2024-2028 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global cruise tourism market 2024-2028 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Ocean cruising - Market size and forecast 2023-2028
Exhibit 34: Chart on Ocean cruising - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Ocean cruising - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Ocean cruising - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Ocean cruising - Year-over-year growth 2023-2028 (%)
6.4 River cruising - Market size and forecast 2023-2028
Exhibit 38: Chart on River cruising - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on River cruising - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on River cruising - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on River cruising - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ billion)
Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Passenger ticket - Market size and forecast 2023-2028
Exhibit 48: Chart on Passenger ticket - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Passenger ticket - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Passenger ticket - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Passenger ticket - Year-over-year growth 2023-2028 (%)
7.4 Onboard facilities - Market size and forecast 2023-2028
Exhibit 52: Chart on Onboard facilities - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Onboard facilities - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Onboard facilities - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Onboard facilities - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Exhibit 56: Market opportunity by Product ($ billion)
Exhibit 57: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Australia - Market size and forecast 2023-2028
Exhibit 95: Chart on Australia - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Australia - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Australia - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 AmaWaterways
Exhibit 111: AmaWaterways - Overview
Exhibit 112: AmaWaterways - Product / Service
Exhibit 113: AmaWaterways - Key offerings
12.4 Ambassador Cruise Holidays Ltd.
Exhibit 114: Ambassador Cruise Holidays Ltd. - Overview
Exhibit 115: Ambassador Cruise Holidays Ltd. - Product / Service
Exhibit 116: Ambassador Cruise Holidays Ltd. - Key offerings
12.5 American Cruise Lines
Exhibit 117: American Cruise Lines - Overview
Exhibit 118: American Cruise Lines - Product / Service
Exhibit 119: American Cruise Lines - Key offerings
12.6 Carnival Corp. and Plc
Exhibit 120: Carnival Corp. and Plc - Overview
Exhibit 121: Carnival Corp. and Plc - Business segments
Exhibit 122: Carnival Corp. and Plc - Key offerings
Exhibit 123: Carnival Corp. and Plc - Segment focus
12.7 LaVista Travel
Exhibit 124: LaVista Travel - Overview
Exhibit 125: LaVista Travel - Product / Service
Exhibit 126: LaVista Travel - Key offerings
12.8 MSC Mediterranean Shipping Co. SA
Exhibit 127: MSC Mediterranean Shipping Co. SA - Overview
Exhibit 128: MSC Mediterranean Shipping Co. SA - Product / Service
Exhibit 129: MSC Mediterranean Shipping Co. SA - Key news
Exhibit 130: MSC Mediterranean Shipping Co. SA - Key offerings
12.9 Norwegian Cruise Line Holdings Ltd.
Exhibit 131: Norwegian Cruise Line Holdings Ltd. - Overview
Exhibit 132: Norwegian Cruise Line Holdings Ltd. - Product / Service
Exhibit 133: Norwegian Cruise Line Holdings Ltd. - Key offerings
12.10 Ocean World Ltd.
Exhibit 134: Ocean World Ltd. - Overview
Exhibit 135: Ocean World Ltd. - Product / Service
Exhibit 136: Ocean World Ltd. - Key offerings
12.11 Riviera Travel
Exhibit 137: Riviera Travel - Overview
Exhibit 138: Riviera Travel - Product / Service
Exhibit 139: Riviera Travel - Key offerings
12.12 Royal Caribbean Cruises Ltd.
Exhibit 140: Royal Caribbean Cruises Ltd. - Overview
Exhibit 141: Royal Caribbean Cruises Ltd. - Product / Service
Exhibit 142: Royal Caribbean Cruises Ltd. - Key offerings
12.13 SAGA PLC
Exhibit 143: SAGA PLC - Overview
Exhibit 144: SAGA PLC - Business segments
Exhibit 145: SAGA PLC - Key offerings
Exhibit 146: SAGA PLC - Segment focus
12.14 The Walt Disney Co.
Exhibit 147: The Walt Disney Co. - Overview
Exhibit 148: The Walt Disney Co. - Business segments
Exhibit 149: The Walt Disney Co. - Key offerings
Exhibit 150: The Walt Disney Co. - Segment focus
12.15 TUI AG
Exhibit 151: TUI AG - Overview
Exhibit 152: TUI AG - Business segments
Exhibit 153: TUI AG - Key offerings
Exhibit 154: TUI AG - Segment focus
12.16 Viking Cruises
Exhibit 155: Viking Cruises - Overview
Exhibit 156: Viking Cruises - Product / Service
Exhibit 157: Viking Cruises - Key offerings
12.17 Virgin Cruises Intermediate Ltd.
Exhibit 158: Virgin Cruises Intermediate Ltd. - Overview
Exhibit 159: Virgin Cruises Intermediate Ltd. - Product / Service
Exhibit 160: Virgin Cruises Intermediate Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations