Industry: Service & Software
Published Date: 2025-09-06
Pages: 117 Pages
Report ld: 4793611
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Cruise Tourism Market Size(US$)

CAGR 2025-2031
8.1%
Market Size,2031
USD 134,406
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Cruise Tourism market size was US$ 79884 million in 2024 and is forecast to a readjusted size of US$ 134406 million by 2031 with a CAGR of 8.1% during the forecast period 2025-2031.
Cruise tourism is a comprehensive tourism service that uses large cruise ships as carriers and integrates transportation, accommodation, catering, entertainment and sightseeing. It provides passengers with a full range of experiences from embarkation to disembarkation, including shore sightseeing, theme activities, cultural performances, leisure and fitness, gourmet dining, child care, etc., usually covering multiple tourist destinations. Cruise travel services emphasize "vacation on the road" and are suitable for diverse customer groups such as families, couples, and the elderly. It is a typical high-value-added leisure tourism model.
In recent years, the global cruise market has rebounded strongly and successfully escaped the severe impact of the COVID-19 pandemic. 2023 has become a key turning point for the industry's full recovery. The annual passenger volume reached 31.5 million, exceeding the pre-epidemic level in 2019 (about 30 million) for the first time, and the market size has recovered to about US$70 billion. The growth momentum will continue in 2024, and the passenger volume is expected to exceed 35 million to 36 million, approaching or even refreshing the historical peak in 2019. This round of recovery is mainly due to the strong demand release in North America (accounting for nearly 40% of the global market) and Europe. At the same time, although the Asian market started a little later, it has significant recovery potential. The core factors driving the industry's recovery include the concentrated release of suppressed travel demand, the commissioning of a large number of new ships, and the accelerated layout of the global route network.
Looking forward to the medium and long-term development, the global cruise market will continue the trend of stable expansion. According to forecasts by CLIA (Cruise Lines International Association) and other authoritative organizations, the global cruise passenger volume is expected to reach 39.5 million to 40 million in 2027, and will further increase to 45 million to 50 million in 2030. The overall market size is expected to exceed US$100 billion to US$120 billion, nearly doubling from 2023, with an average annual compound growth rate of more than 10%. This growth is driven by three major driving forces: First, the infrastructure in emerging markets such as Asia (especially China and Southeast Asia) and the Middle East is rapidly improving, gradually forming a new growth pole; second, the tourist structure is accelerating, and the proportion of millennials and family customers is increasing, giving rise to thematic and short-distance product innovation; third, global cruise companies continue to increase investment in high-tech and environmentally friendly ships, significantly improving capacity and service experience, and helping the industry achieve quality upgrades and expansions.
Despite the optimistic growth prospects, the industry still needs to deal with a series of structural challenges. In the short term, global economic uncertainty, frequent geopolitical conflicts (such as the obstruction of the Red Sea route) and the increased burden of public health management may all have an impact on operating costs and travel willingness. In the medium and long term, the continued rise in fuel, labor and food prices will increase cost pressures. At the same time, the industry is also facing increasingly stringent environmental regulatory requirements, such as the International Maritime Organization (IMO)'s restrictions on sulfur emissions and carbon neutrality targets, which have prompted cruise companies to accelerate the green transformation of ships. In addition, popular ports are "overloaded" and the ecological carrying capacity of some tourist destinations is close to the upper limit. The industry urgently needs to develop more emerging routes to achieve sustainable growth. The development of the cruise market in the future must take into account environmental friendliness and regional coordination while pursuing scale expansion, and create a new green, efficient and sustainable cruise tourism system through technological innovation and global cooperation.
The global Cruise Tourism market is strategically segmented by company, region (country), by Tourist Destinations, and by Cruise Time. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Tourist Destinations, and by Cruise Time for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Cruise Tourism market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Mediterranean Sea in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Medium Cruise (6-10 days) in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Cruise Tourism value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market by Tourist Destinations
1.2.1 Global Market Size Growth by Tourist Destinations: 2020 VS 2024 VS 2031
1.2.2 Caribbean Sea
1.2.3 Mediterranean Sea
1.2.4 Northern Europe and the Baltic Sea
1.2.5 Asian Seas
1.2.6 Other
1.3 Market by Cruise Time
1.3.1 Global Market Share by Cruise Time: 2020 VS 2024 VS 2031
1.3.2 Short Cruise (1-5 days)
1.3.3 Medium Cruise (6-10 days)
1.3.4 Long Cruise (11 days and more)
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cruise Tourism Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Cruise Tourism Revenue Market Share by Region (2020-2025)
2.4 Global Cruise Tourism Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Cruise Tourism Market Size and Prospective (2020-2031)
2.5.2 Europe Cruise Tourism Market Size and Prospective (2020-2031)
2.5.3 China Cruise Tourism Market Size and Prospective (2020-2031)
2.5.4 Japan Cruise Tourism Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Cruise Tourism Market Size and Prospective (2020-2031)
2.5.6 India Cruise Tourism Market Size and Prospective (2020-2031)
2.5.7 Central & South America Cruise Tourism Market Size and Prospective (2020-2031)
3 Breakdown Data by Tourist Destinations
3.1 Global Cruise Tourism Historic Market Size by Tourist Destinations (2020-2025)
3.2 Global Cruise Tourism Forecasted Market Size by Tourist Destinations (2026-2031)
3.3 Different Types Cruise Tourism Representative Players
4 Breakdown Data by Cruise Time
4.1 Global Cruise Tourism Historic Market Size by Cruise Time (2020-2025)
4.2 Global Cruise Tourism Forecasted Market Size by Cruise Time (2026-2031)
4.3 New Sources of Growth in Cruise Tourism Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Cruise Tourism Players by Revenue (2020-2025)
5.1.2 Global Cruise Tourism Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Cruise Tourism Revenue
5.4 Global Cruise Tourism Market Concentration Analysis
5.4.1 Global Cruise Tourism Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Cruise Tourism Revenue in 2024
5.5 Global Key Players of Cruise Tourism Head office and Area Served
5.6 Global Key Players of Cruise Tourism, Product and Application
5.7 Global Key Players of Cruise Tourism, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Cruise Tourism Revenue by Company (2020-2025)
6.1.2 North America Market Size by Tourist Destinations
6.1.2.1 North America Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.1.2.2 North America Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.1.3 North America Market Size by Cruise Time
6.1.3.1 North America Cruise Tourism Market Size by Cruise Time (2020-2025)
6.1.3.2 North America Cruise Tourism Market Share by Cruise Time (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Cruise Tourism Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Tourist Destinations
6.2.2.1 Europe Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.2.2.2 Europe Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.2.3 Europe Market Size by Cruise Time
6.2.3.1 Europe Cruise Tourism Market Size by Cruise Time (2020-2025)
6.2.3.2 Europe Cruise Tourism Market Share by Cruise Time (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Cruise Tourism Revenue by Company (2020-2025)
6.3.2 China Market Size by Tourist Destinations
6.3.2.1 China Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.3.2.2 China Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.3.3 China Market Size by Cruise Time
6.3.3.1 China Cruise Tourism Market Size by Cruise Time (2020-2025)
6.3.3.2 China Cruise Tourism Market Share by Cruise Time (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Cruise Tourism Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Tourist Destinations
6.4.2.1 Japan Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.4.2.2 Japan Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.4.3 Japan Market Size by Cruise Time
6.4.3.1 Japan Cruise Tourism Market Size by Cruise Time (2020-2025)
6.4.3.2 Japan Cruise Tourism Market Share by Cruise Time (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Cruise Tourism Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Tourist Destinations
6.5.2.1 Southeast Asia Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.5.2.2 Southeast Asia Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.5.3 Southeast Asia Market Size by Cruise Time
6.5.3.1 Southeast Asia Cruise Tourism Market Size by Cruise Time (2020-2025)
6.5.3.2 Southeast Asia Cruise Tourism Market Share by Cruise Time (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Cruise Tourism Revenue by Company (2020-2025)
6.6.2 India Market Size by Tourist Destinations
6.6.2.1 India Cruise Tourism Market Size by Tourist Destinations (2020-2025)
6.6.2.2 India Cruise Tourism Market Share by Tourist Destinations (2020-2025)
6.6.3 India Market Size by Cruise Time
6.6.3.1 India Cruise Tourism Market Size by Cruise Time (2020-2025)
6.6.3.2 India Cruise Tourism Market Share by Cruise Time (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 Carnival Corporation
7.1.1 Carnival Corporation Company Details
7.1.2 Carnival Corporation Business Overview
7.1.3 Carnival Corporation Cruise Tourism Introduction
7.1.4 Carnival Corporation Revenue in Cruise Tourism Business (2020-2025)
7.1.5 Carnival Corporation Recent Development
7.2 Royal Caribbean
7.2.1 Royal Caribbean Company Details
7.2.2 Royal Caribbean Business Overview
7.2.3 Royal Caribbean Cruise Tourism Introduction
7.2.4 Royal Caribbean Revenue in Cruise Tourism Business (2020-2025)
7.2.5 Royal Caribbean Recent Development
7.3 Norwegian Cruise Lines
7.3.1 Norwegian Cruise Lines Company Details
7.3.2 Norwegian Cruise Lines Business Overview
7.3.3 Norwegian Cruise Lines Cruise Tourism Introduction
7.3.4 Norwegian Cruise Lines Revenue in Cruise Tourism Business (2020-2025)
7.3.5 Norwegian Cruise Lines Recent Development
7.4 MSC Cruises
7.4.1 MSC Cruises Company Details
7.4.2 MSC Cruises Business Overview
7.4.3 MSC Cruises Cruise Tourism Introduction
7.4.4 MSC Cruises Revenue in Cruise Tourism Business (2020-2025)
7.4.5 MSC Cruises Recent Development
7.5 Disney Cruise
7.5.1 Disney Cruise Company Details
7.5.2 Disney Cruise Business Overview
7.5.3 Disney Cruise Cruise Tourism Introduction
7.5.4 Disney Cruise Revenue in Cruise Tourism Business (2020-2025)
7.5.5 Disney Cruise Recent Development
7.6 Marella Cruises (TUI)
7.6.1 Marella Cruises (TUI) Company Details
7.6.2 Marella Cruises (TUI) Business Overview
7.6.3 Marella Cruises (TUI) Cruise Tourism Introduction
7.6.4 Marella Cruises (TUI) Revenue in Cruise Tourism Business (2020-2025)
7.6.5 Marella Cruises (TUI) Recent Development
7.7 Saga Cruises (Saga Group)
7.7.1 Saga Cruises (Saga Group) Company Details
7.7.2 Saga Cruises (Saga Group) Business Overview
7.7.3 Saga Cruises (Saga Group) Cruise Tourism Introduction
7.7.4 Saga Cruises (Saga Group) Revenue in Cruise Tourism Business (2020-2025)
7.7.5 Saga Cruises (Saga Group) Recent Development
7.8 Bohai Cruise
7.8.1 Bohai Cruise Company Details
7.8.2 Bohai Cruise Business Overview
7.8.3 Bohai Cruise Cruise Tourism Introduction
7.8.4 Bohai Cruise Revenue in Cruise Tourism Business (2020-2025)
7.8.5 Bohai Cruise Recent Development
7.9 Century Cruises
7.9.1 Century Cruises Company Details
7.9.2 Century Cruises Business Overview
7.9.3 Century Cruises Cruise Tourism Introduction
7.9.4 Century Cruises Revenue in Cruise Tourism Business (2020-2025)
7.9.5 Century Cruises Recent Development
7.10 CruiseAway
7.10.1 CruiseAway Company Details
7.10.2 CruiseAway Business Overview
7.10.3 CruiseAway Cruise Tourism Introduction
7.10.4 CruiseAway Revenue in Cruise Tourism Business (2020-2025)
7.10.5 CruiseAway Recent Development
7.11 Celestyal Cruises
7.11.1 Celestyal Cruises Company Details
7.11.2 Celestyal Cruises Business Overview
7.11.3 Celestyal Cruises Cruise Tourism Introduction
7.11.4 Celestyal Cruises Revenue in Cruise Tourism Business (2020-2025)
7.11.5 Celestyal Cruises Recent Development
7.12 Costa Cruises
7.12.1 Costa Cruises Company Details
7.12.2 Costa Cruises Business Overview
7.12.3 Costa Cruises Cruise Tourism Introduction
7.12.4 Costa Cruises Revenue in Cruise Tourism Business (2020-2025)
7.12.5 Costa Cruises Recent Development
7.13 Hurtigruten
7.13.1 Hurtigruten Company Details
7.13.2 Hurtigruten Business Overview
7.13.3 Hurtigruten Cruise Tourism Introduction
7.13.4 Hurtigruten Revenue in Cruise Tourism Business (2020-2025)
7.13.5 Hurtigruten Recent Development
7.14 Celebrity Cruises
7.14.1 Celebrity Cruises Company Details
7.14.2 Celebrity Cruises Business Overview
7.14.3 Celebrity Cruises Cruise Tourism Introduction
7.14.4 Celebrity Cruises Revenue in Cruise Tourism Business (2020-2025)
7.14.5 Celebrity Cruises Recent Development
7.15 Holland America Line
7.15.1 Holland America Line Company Details
7.15.2 Holland America Line Business Overview
7.15.3 Holland America Line Cruise Tourism Introduction
7.15.4 Holland America Line Revenue in Cruise Tourism Business (2020-2025)
7.15.5 Holland America Line Recent Development
7.16 Ponant Cruises
7.16.1 Ponant Cruises Company Details
7.16.2 Ponant Cruises Business Overview
7.16.3 Ponant Cruises Cruise Tourism Introduction
7.16.4 Ponant Cruises Revenue in Cruise Tourism Business (2020-2025)
7.16.5 Ponant Cruises Recent Development
7.17 Princess Cruises
7.17.1 Princess Cruises Company Details
7.17.2 Princess Cruises Business Overview
7.17.3 Princess Cruises Cruise Tourism Introduction
7.17.4 Princess Cruises Revenue in Cruise Tourism Business (2020-2025)
7.17.5 Princess Cruises Recent Development
7.18 Azamara Club Cruises
7.18.1 Azamara Club Cruises Company Details
7.18.2 Azamara Club Cruises Business Overview
7.18.3 Azamara Club Cruises Cruise Tourism Introduction
7.18.4 Azamara Club Cruises Revenue in Cruise Tourism Business (2020-2025)
7.18.5 Azamara Club Cruises Recent Development
7.19 Regent Seven Seas
7.19.1 Regent Seven Seas Company Details
7.19.2 Regent Seven Seas Business Overview
7.19.3 Regent Seven Seas Cruise Tourism Introduction
7.19.4 Regent Seven Seas Revenue in Cruise Tourism Business (2020-2025)
7.19.5 Regent Seven Seas Recent Development
7.20 Seabourn
7.20.1 Seabourn Company Details
7.20.2 Seabourn Business Overview
7.20.3 Seabourn Cruise Tourism Introduction
7.20.4 Seabourn Revenue in Cruise Tourism Business (2020-2025)
7.20.5 Seabourn Recent Development
7.21 Genting Hong Kong
7.21.1 Genting Hong Kong Company Details
7.21.2 Genting Hong Kong Business Overview
7.21.3 Genting Hong Kong Cruise Tourism Introduction
7.21.4 Genting Hong Kong Revenue in Cruise Tourism Business (2020-2025)
7.21.5 Genting Hong Kong Recent Development
7.22 Adora Cruises
7.22.1 Adora Cruises Company Details
7.22.2 Adora Cruises Business Overview
7.22.3 Adora Cruises Cruise Tourism Introduction
7.22.4 Adora Cruises Revenue in Cruise Tourism Business (2020-2025)
7.22.5 Adora Cruises Recent Development
8 Cruise Tourism Market Dynamics
8.1 Cruise Tourism Industry Trends
8.2 Cruise Tourism Market Drivers
8.3 Cruise Tourism Market Challenges
8.4 Cruise Tourism Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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