Cruise Industry Market Booming Worldwide with Latest Trend and Future Scope by 2029

Cruise ships are the large luxury passenger ship used mostly for vacationing.  As per Cruise Lines International Association (CLIA), around 30 million people cruised globally in 2019 and the expected number for 2020 was around 32 million. It is the fastest-growing segment in the leisure travel market with capacity utilization over 100%. The cruise industry was around $126 billion in 2016 which reached around $150 billion in 2019. Some of the major factors for the growth of the global cruise industry include increasing attraction of generation ‘Z’ and millennial toward the cruise industry which comprises the largest population bases in the US. Moreover, the increasing popularity of Cruise in the emerging economies such as China, and India, increasing global disposable income and the introduction of two and three-day micro cruises are also augmenting the industry.

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This Cruise Industry Market report briefly talks about the significance of every segment and growth aspects. It offers key statistics about major regions such as Europe, Asia Pacific, Middle East, Africa, North America and Latin America. This comprehensive Cruise Industry Market report works as a potent tool to allow key players get the right direction and guidance for companies to survive in the competitive market. Some of the major sectors are discussed in this Cruise Industry Market report such as manufacturing technology and industry applications. Competitors section, product type section and end-user section are the leading sections covered in this Cruise Industry Market study report. Entire market is covered in this Market report along with leading sections. It also covers basic overview of the entire market to help new entrants in making business easy going and forward.

 

All the significant parameters are also captured in this Cruise Industry Market research report. Key strategies are also captured here to help novel entrants to retain their position in the market. All the significant parameters are also discussed here along with market dynamics such as trends, challenges, opportunities and drivers. It also presents product specifications, company profile and 2022-2028 market shares for every company. Important information covered in this report enables key participants to know regarding the qualitative growth parameters of the global market. Quantifiable information covered in this Cruise Industry Market report helps to analyze country level and regional level data integrating the supply and demand strengths which are augmenting the market growth. It then goes on to talk about COVID-19 epidemic and how it several affected a number of major business sectors around the globe.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Segmentation

  • Cruise Lines
  • Cruise Manufacturer

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles

  • Carnival Corp. & PLC
  • Disney Cruise Line Inc.
  • Fincantieri S.p.A.
  • Genting Hong Kong Ltd.
  • Hapag-Lloyd AG
  • Hurtigruten Ltd.
  • Mediterranean Shipping Company S.A
  • Mitsubishi Shipbuilding Co., Ltd.
  • Norwegian Cruise Line Holdings Ltd.
  • Royal Caribbean Cruises Ltd.
  • STX Offshore & Shipbuilding Co., Ltd.
  • Meyer Werft GmbH & Co. KG
  • TUI Cruises GmbH

The Report Covers

  • Comprehensive research methodology of the global cruise industry.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global cruise industry.
  • Insights about market determinants which are stimulating the global cruise industry.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

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