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Cruise Ships Market Size, Share, Trends, Growth Outlook

Cruise Ships Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Mainstream, Ocean, Luxury, Others) By Application (Transportation, Leisure, Others) By Size (Small, Mid, Large) Companies Report

The Global Product Cruise Ships Market Size is estimated to register 10.2% growth over the forecast period from 2023 to 2030.

 

The market growth is driven by an increase in technology advances and the increasing viability of commercial space travel. In this context, cruise lines could potentially expand into space tourism. Companies such as SpaceX and Blue Origin are already exploring these possibilities, with space cruises potentially offering passengers the opportunity to experience zero gravity and view the Earth from orbit, thus opening up a new frontier for the industry. Leading Companies focusing on Sustainable Cruising, Health and Wellness at Sea, Hyper-Personalization, Space Tourism, Virtual and Augmented Reality (VR/AR) Integration, and others to boost market shares in the industry.

 

Cruise Ships Market Size 2023-2030

 

Market Overview

The cruise ship market involves passenger ships designed for leisure travel, offering a variety of amenities, itineraries, and onboard services. Key drivers as of 2022 include a focus on sustainability, stringent health and safety measures due to the COVID-19 pandemic, and technology integration for convenience, wellness, and inclusivity. Future scopes may include sustainable cruising, space tourism, hyper-personalization, and VR/AR technology integration. The industry faces challenges related to environmental concerns, economic fluctuations, and health and safety issues, all of which influence its evolving landscape.

 

Market Dynamics

Market Trends- Cruise ship operators must strike a balance between providing exceptional leisure experiences for passengers and minimizing the industry's environmental impact to ensure sustainable operations and protect marine ecosystems.

Cruise ship operators must balance the provision of outstanding leisure experiences for passengers with reducing the industry's environmental impact. Sustainable practices, including eco-friendly technologies and adherence to regulations, are essential for preserving marine ecosystems and addressing climate change concerns, while also ensuring the industry's long-term viability.

 

Market Driver- The heightened demand for enhanced health and safety protocols on cruise ships is driving innovation and shaping the future of the industry, ensuring passenger well-being and restoring confidence in cruise travel.

The cruise industry has undergone a significant transformation due to the COVID-19 pandemic, placing a greater emphasis on strengthening health and safety protocols. Passengers now expect comprehensive measures to safeguard their well-being during cruises. In response, cruise lines have introduced strict sanitation practices, improved onboard medical facilities, and implemented rigorous testing and vaccination requirements. These measures not only mitigate health risks but also play a pivotal role in rebuilding trust in cruise travel. Consequently, the drive for innovation in health and safety practices has become a defining factor in shaping the industry's future, ultimately allowing passengers to resume their voyages with confidence.

 

Market Opportunity- Technological innovations are revolutionizing the cruise ship industry, enhancing guest experiences, optimizing operations, and propelling the sector toward a more sustainable and efficient future.

Technological innovations are reshaping the cruise ship industry, improving passenger experiences, streamlining operations, and fostering sustainability. These innovations encompass IoT integration for smart cabins and passenger convenience, better connectivity, and the use of wearable devices to enhance services and entertainment. The digitization of processes, such as booking and onboard services through mobile apps, has become commonplace. Moreover, technology plays a pivotal role in adopting eco-friendly practices, like cleaner propulsion methods and efficient waste management, to drive a more sustainable future for the cruise industry.

 

Market Share Analysis- Ocean Cruise Ships Market will register the fastest growth

The Global Cruise Ships Market is analyzed across Mainstream, Ocean, Luxury, and others. Ocean is poised to register the fastest growth. The ocean cruise ship market offers sea-based vacation experiences with a variety of amenities and global destinations. Key factors include sustainability, health and safety measures, technological advancements, wellness and inclusivity trends, and potential future scopes like sustainable cruising and space tourism. Challenges encompass environmental concerns, economic fluctuations, and safety. This summary is based on information available up to January 2022, and market conditions may have evolved since.

 

Market Share Analysis- Leisure held a significant market share in 2023

The Global Cruise Ships Market is analyzed across various applications including Transportation, Leisure, and others. Of these, Leisure held a significant market share in 2023. The leisure cruise ship market specializes in providing vacation and leisure experiences at sea, with various cruise lines offering a range of amenities and entertainment options. Passengers can choose from diverse itineraries and destinations. Key trends as of 2022 include a focus on sustainability, health and safety measures, technological integration, wellness, and potential future scopes like sustainable cruising and space tourism. Challenges include addressing environmental concerns, economic fluctuations, and safety standards. This summary is based on information available up to January 2022, and market conditions may have evolved since.

 

Cruise Ships Market Segmentation

By Type

  • Mainstream
  • Ocean
  • Luxury
  • Others

 By Application

  • Transportation
  • Leisure
  • Others

 By Size

  • Small
  • Mid
  • Large

 By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Cruise Ships Market Companies

  • Dream Cruises (Hong Kong)
  • Star Cruises (Hong Kong)
  • Norwegian Cruise Line Holdings Ltd (China)
  • Princess Cruises (Japan)
  • Genting Hong Kong Limited (Hong Kong)
  • MSC Cruises (Switzerland)
  • Costa Cruises (Italy)
  • Celebrity Cruises (South Korea)
  • TUI Cruises (Germany)
  • Star Clippers (Singapore)
  • Crystal Cruises (Japan)
  • Carnival Corporation & plc (United Kingdom)
  • Costa Asia (China)
  • Royal Caribbean Group (Norway)
  • P&O Cruises (United Kingdom)
  • Royal Caribbean International (China)

*List not exhaustive

Cruise Ships Market Outlook 2023

1 Market Overview

1.1 Introduction to the Cruise Ships Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Cruise Ships Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Cruise Ships Market Companies with Area Served

4.2.2 Products Offerings Global Cruise Ships Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Cruise Ships Market Trends

6.1 Global Cruise Ships Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Cruise Ships Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Cruise Ships Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Cruise Ships Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Cruise Ships Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Cruise Ships Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Cruise Ships Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Cruise Ships Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Cruise Ships Development Regional Status and Outlook

8.1 Global Cruise Ships Revenue (USD Million) By Regions (2018-2022)

8.2 North America Cruise Ships Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Cruise Ships Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Cruise Ships Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Cruise Ships Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Cruise Ships Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Cruise Ships Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Cruise Ships Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Cruise Ships Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Cruise Ships Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Cruise Ships Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Cruise Ships Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Cruise Ships Revenue (USD Million) by Applications (2018-2022)

8.5 South America Cruise Ships Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Cruise Ships Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Cruise Ships Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Cruise Ships Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Cruise Ships Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Cruise Ships Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Cruise Ships Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Cruise Ships Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Cruise Ships Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Cruise Ships Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Cruise Ships Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Cruise Ships Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Cruise Ships Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Cruise Ships Development Regional Status and Outlook Forecast

11.1 Global Cruise Ships Revenue (USD Million) By Regions (2023-2030)

11.2 North America Cruise Ships Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Cruise Ships Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Cruise Ships Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Cruise Ships Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Cruise Ships Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Cruise Ships Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Cruise Ships Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Cruise Ships Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Cruise Ships Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Cruise Ships Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Cruise Ships Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Cruise Ships Revenue (USD Million), by Applications (2023-2030)

11.5 South America Cruise Ships Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Cruise Ships Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Cruise Ships Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Cruise Ships Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Cruise Ships Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Cruise Ships Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Cruise Ships Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Cruise Ships Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Cruise Ships Market Companies with Areas Served

Table 3 Products Offerings Global Cruise Ships Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Cruise Ships Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Cruise Ships Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Cruise Ships Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 11 Global Cruise Ships Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Cruise Ships Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Cruise Ships Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Cruise Ships Market Share (%) By Regions (2018-2022)

Table 16 North America Cruise Ships Revenue (USD Million) By Country (2018-2022)

Table 17 North America Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 18 North America Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Cruise Ships Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Cruise Ships Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Cruise Ships Revenue (USD Million) By Country (2018-2022)

Table 26 South America Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 27 South America Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Cruise Ships Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 33 Global Cruise Ships Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Cruise Ships Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Cruise Ships Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Cruise Ships Revenue (USD)By Country (2023-2030)

Table 38 North America Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 39 North America Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Cruise Ships Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Cruise Ships Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Cruise Ships Revenue (USD Million) By Country (2023-2030)

Table 47 South America Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 48 South America Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Cruise Ships Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Cruise Ships Revenue Market Share (%) By Type (2022)

Figure 5 Global Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Cruise Ships Revenue Market Share (%) By Applications (2022)

Figure 7 Global Cruise Ships Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Cruise Ships Market Share (%) By Regions (2022)

Figure 9 North America Cruise Ships Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Cruise Ships Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Cruise Ships Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Cruise Ships Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Cruise Ships Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Cruise Ships Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Cruise Ships Revenue Market Share (%) By Type (2030)

Figure 26 Global Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Cruise Ships Revenue Market Share (%) By Applications (2030)

Figure 28 Global Cruise Ships Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Cruise Ships Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Cruise Ships Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Cruise Ships Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Cruise Ships Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Cruise Ships Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Cruise Ships Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Cruise Ships Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

By Type

  • Mainstream
  • Ocean
  • Luxury
  • Others

 By Application

  • Transportation
  • Leisure
  • Others

 By Size

  • Small
  • Mid
  • Large

 By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)