PUBLISHER: KBV Research | PRODUCT CODE: 1484361
PUBLISHER: KBV Research | PRODUCT CODE: 1484361
Europe Cruise Market Size, Share & Trends Analysis Report By Type (Ocean Cruises and River Cruises), By Country and Growth Forecast, 2024 - 2031
The Europe Cruise Market would witness market growth of 10.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cruise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,038.6 Million by 2031. The UK market is exhibiting a CAGR of 9.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.7% during (2024 - 2031).
Cruise vacations have evolved into immersive experiences that combine the excitement of travel with the comfort and luxury of onboard accommodations. From world-class dining options and entertainment venues to rejuvenating spa treatments and thrilling shore excursions, cruise ships offer something for everyone, regardless of age or interest.
Some of the most popular cruise itineraries include those in the Caribbean, Mediterranean, and Alaska. Caribbean cruises are popular due to the region's stunning beaches, crystal-clear waters, and vibrant island culture. These cruises often include stops at destinations such as the Bahamas, Jamaica, the Cayman Islands, and St. Maarten, where passengers can enjoy snorkeling, diving, and exploring historic sites.
As a key player in the European market, Italy has also seen significant developments in its blue economy, including cruise tourism. Italy's blue economy generated $145 billion in 2021, representing 10% of Italian GDP and making it the third-largest blue economy in Europe. Italy's National Recovery and Resilience Plan (NRRP) includes substantial investments of up to $3.1 billion through 2026 to modernize port infrastructures, further enhancing its position as a leading destination for cruise tourism in Europe. Overall, the expanding market in Europe is evident from the strong growth in cruise passengers, the diversification of cruise destinations, and the investments in port infrastructures. These factors indicate a positive outlook for the European market, with continued growth expected in the coming years.
Based on Type, the market is segmented into Ocean Cruises and River Cruises. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Carnival Corporation & plc.
- Royal Caribbean Cruises Ltd.
- MSC Cruises S.A. (MSC Mediterranean Shipping Company SA)
- Norwegian Cruise Line Holdings Ltd.
- Disney Cruise Line (The Walt Disney Company)
- Cruiseaway (Dreamlines GmbH)
- Island Queen Cruises
- American Cruise Lines
- The Independent Traveler, Inc. (Tripadvisor Inc.)
- Viking River Cruises Inc.
Europe Cruise Market Report Segmentation
By Type
- Ocean Cruises
- River Cruises
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Cruise Market, by Type
- 1.4.2Europe Cruise Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Strategies Deployed in Cruise Market
Chapter 5.Europe Cruise Market by Type
- 5.1Europe Ocean Cruises Market by Country
- 5.2Europe River Cruises Market by Country
Chapter 6.Europe Cruise Market by Country
- 6.1Germany Cruise Market
- 6.1.1Germany Cruise Market by Type
- 6.2UK Cruise Market
- 6.2.1UK Cruise Market by Type
- 6.3France Cruise Market
- 6.3.1France Cruise Market by Type
- 6.4Russia Cruise Market
- 6.4.1Russia Cruise Market by Type
- 6.5Spain Cruise Market
- 6.5.1Spain Cruise Market by Type
- 6.6Italy Cruise Market
- 6.6.1Italy Cruise Market by Type
- 6.7Rest of Europe Cruise Market
- 6.7.1Rest of Europe Cruise Market by Type
Chapter 7.Company Profiles
- 7.1Carnival Corporation & plc.
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4SWOT Analysis
- 7.2Royal Caribbean Cruises Ltd.
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Regional Analysis
- 7.2.4Recent strategies and developments:
- 7.2.4.1Partnerships, Collaborations, and Agreements:
- 7.2.4.2Acquisition and Mergers:
- 7.2.5SWOT Analysis
- 7.3MSC Cruises S.A. (MSC Mediterranean Shipping Company SA)
- 7.3.1Company Overview
- 7.3.2Recent strategies and developments:
- 7.3.2.1Partnerships, Collaborations, and Agreements:
- 7.4Norwegian Cruise Line Holdings Ltd.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Regional Analysis
- 7.4.4SWOT Analysis
- 7.5Disney Cruise Line (The Walt Disney Company)
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Recent strategies and developments:
- 7.5.4.1Partnerships, Collaborations, and Agreements:
- 7.5.5SWOT Analysis
- 7.6Cruiseaway (Dreamlines GmbH)
- 7.6.1Company Overview
- 7.7Island Queen Cruises
- 7.7.1Company Overview
- 7.8American Cruise Lines
- 7.8.1Company Overview
- 7.9The Independent Traveler, Inc. (Tripadvisor Inc.)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.10.Viking River Cruises Inc.
- 7.10.1Company Overview
LIST OF TABLES
- TABLE 1Europe Cruise Market, 2020 - 2023, USD Million
- TABLE 2Europe Cruise Market, 2024 - 2031, USD Million
- TABLE 3Europe Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 4Europe Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 5Europe Ocean Cruises Market by Country, 2020 - 2023, USD Million
- TABLE 6Europe Ocean Cruises Market by Country, 2024 - 2031, USD Million
- TABLE 7Europe River Cruises Market by Country, 2020 - 2023, USD Million
- TABLE 8Europe River Cruises Market by Country, 2024 - 2031, USD Million
- TABLE 9Europe Cruise Market by Country, 2020 - 2023, USD Million
- TABLE 10Europe Cruise Market by Country, 2024 - 2031, USD Million
- TABLE 11Germany Cruise Market, 2020 - 2023, USD Million
- TABLE 12Germany Cruise Market, 2024 - 2031, USD Million
- TABLE 13Germany Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 14Germany Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 15UK Cruise Market, 2020 - 2023, USD Million
- TABLE 16UK Cruise Market, 2024 - 2031, USD Million
- TABLE 17UK Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 18UK Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 19France Cruise Market, 2020 - 2023, USD Million
- TABLE 20France Cruise Market, 2024 - 2031, USD Million
- TABLE 21France Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 22France Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 23Russia Cruise Market, 2020 - 2023, USD Million
- TABLE 24Russia Cruise Market, 2024 - 2031, USD Million
- TABLE 25Russia Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 26Russia Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 27Spain Cruise Market, 2020 - 2023, USD Million
- TABLE 28Spain Cruise Market, 2024 - 2031, USD Million
- TABLE 29Spain Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 30Spain Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 31Italy Cruise Market, 2020 - 2023, USD Million
- TABLE 32Italy Cruise Market, 2024 - 2031, USD Million
- TABLE 33Italy Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 34Italy Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 35Rest of Europe Cruise Market, 2020 - 2023, USD Million
- TABLE 36Rest of Europe Cruise Market, 2024 - 2031, USD Million
- TABLE 37Rest of Europe Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 38Rest of Europe Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 39Key Information - Carnival Corporation & plc.
- TABLE 40Key Information - Royal Caribbean Cruises Ltd.
- TABLE 41Key Information - MSC Cruises S.A.
- TABLE 42Key Information - Norwegian Cruise Line Holdings Ltd.
- TABLE 43Key Information - Disney Cruise Line
- TABLE 44Key Information - Cruiseaway
- TABLE 45Key Information - Island Queen Cruises
- TABLE 46Key Information - American Cruise Lines
- TABLE 47Key Information - The Independent Traveler, Inc.
- TABLE 48Key Information - Viking River Cruises Inc.
