Cruise is a passenger ship used for recreational and leisure voyages, in which the journey itself and the onboard amenities, attractions, activities and entertainment options are integrant part of the cruise experience.
For industry structure analysis, the Cruise Industry is concentrate. Carnival, RCI and NCLH account about 72.67% of the revenue market. Regionally, Europe is the biggest sales area of Cruise, also the leader in the whole Cruise.
North America occupied 55.99% of the revenue market in 2015. It is followed by Europe and Asia, which respectively have around 29.99% and 5.32% of the global total industry. Other countries have a small amount of revenue.
Cruise prices can change at a moment's notice. The price of cruise is different by the destination, cruise length, date and other factors.
For forecast, the North America and Europe Cruise revenue would keep increasing with annual growth rate with 3~6%. The growth rate of Asia is about 13%-23%. We tend to believe that this industry still has a bright future, considering the current demand of Cruise. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Cruise market will register a 5.0% CAGR in terms of revenue, the global market size will reach USD 57600 million by 2024, from USD 42900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Cruise business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Cruise market by product type, application, key manufacturers and key regions and countries.
This study considers the Cruise value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Contemporary?Cruise
Premium?Cruise
Luxury?Cruise
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transportation
Entertainment
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Carnival
RCI
NCLH
MSC
Disney
Genting
Hurtigruten
Silversea
TUI
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Cruise consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Cruise market by identifying its various subsegments.
Focuses on the key global Cruise manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cruise with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Cruise submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.