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Cruise Tourism Market Size, Share, Competitors Analysis, Industry Overview, Report and Forecast 2023-2033

04-13-2023 04:37 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Evolve Business Intelligence

Cruise Tourism Market Size, Share, Competitors Analysis,

According to the report, the global Cruise Tourism market is expected to grow from $5.3 Billion in 2022, which is expected to reach $13.9 Billion by 2033, growing at a CAGR of 10.5% from 2023 to 2033. The cruise tourism market refers to the travel and tourism industry associated with the cruise line industry. It involves the use of cruise ships for travel, which offer an all-inclusive experience for passengers, including accommodation, meals, entertainment, and transportation to multiple destinations.

The global cruise tourism market is expected to grow significantly in the coming years, driven by the increasing popularity of cruise vacations and the growing trend of luxury travel.

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Key Highlights:
• The global Cruise Tourism Market size was valued at USD 5.3 Billion in 2022 growing at a CAGR of 10.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal
The COVID-19 pandemic has had a significant impact on the global cruise tourism market. The outbreak of the pandemic led to the suspension of cruise operations worldwide, which severely affected the industry. The cruise lines were forced to cancel trips, and many passengers were stranded onboard ships due to travel restrictions imposed by various countries. The uncertainty caused by the pandemic also led to a decline in demand for future cruise bookings.
In terms of COVID 19 impact, the Cruise Tourism market report also includes the following data points:
• COVID19 Impact on Cruise Tourism market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Cruise Tourism market

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Key Players
Some of the major Cruise Tourism players holding high market share include Silversea Cruises, seabourn cruise line, Ambassador Cruise Holidays Limited., AmaWaterways, Carnival Corporation & plc,. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Silversea Cruises
• seabourn cruise line
• Ambassador Cruise Holidays Limited
• AmaWaterways
• Carnival Corporation & plc
• Cosmos Tours Ltd
• Kerala Shipping and Inland Navigation Corporation Ltd
• PONANT
• Mediterranean Shipping Company S.A
• Norwegian Cruise Line

Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Cruise Tourism Market:
• River Cruise
• Ocean Cruise
• Expedition Cruise
• Theme Cruise
• Adventure Cruise
• Others
Market Segment By Duration with focus on market share, consumption trend, and growth rate of Cruise Tourism Market:
• 1-3 days
• 4-6 days
• 7 days
• 8 to 13 days
• 14 days
• 15-20 days
• More than 21 days
Market Segment By Passenger Age with focus on market share, consumption trend, and growth rate of Cruise Tourism Market:
• Less than 12 Years
• 13-19 Years
• 20-29 Years
• 30-39 years
• 40-49 years
• 50-59 years
• Above 60 years

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Global Cruise Tourism Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Cruise Tourism market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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