1. Market Research
  2. > Maritime
  3. > Maritime Transport
  4. > Maritime Passenger Transport Market Trends
Exploring Cruises: Key market trends and issues in the cruise industry

Exploring Cruises: Key market trends and issues in the cruise industry

  • February 2019
  • 29 pages
  • ID: 5761340
  • Format: PDF
  • By GlobalData

Summary

Table of Contents

Search Inside

Exploring Cruises: Key market trends and issues in the cruise industry

Summary
Cruises can take place at sea, along rivers, or in lakes and can last from a few hours to many months.There will be 272 Cruise Lines International Association (CLIA) Member cruise shops in operation in 2019 with 18 new member ships to debut this year.

Hamdan Bin Mohammed terminal in Dubai is the biggest cruise ship terminal in the world and received more than 2.3 million tourists between 2014 and the end of 2018, suggesting that the Middle East is an up-and-coming destination.

Cruises bring in an influx of tourists to multiple destinations every day, meaning that local businesses near ports can benefit too.Bars, restaurants, excursion companies, taxis and souvenir stalls are all likely to benefit as each cruise ship docks.

Cruise operators, of course, reap the largest benefits from the industry. Passengers pay thousands of pounds for a holiday on the most luxurious ships and although food and drink is often included, cruise companies can make additional profits from excursions, spas, and casinos.

Hotels and other types of accommodation providers may be hostile towards cruise ships but as a high proportion of cruise passenger’s return to destinations visited on cruises, they may benefit later down the line.Cruises are particularly important for countries where the economy relies heavily on tourism.

Direct benefits include port fees, water, and fuel charges, as well as the local excursion sales.

An estimated 30 million travelers are expected to cruise in 2019, up 6% from 28.2 million in 2018. The CLIA estimates that the industry makes a positive impact on global communities by sustaining over 1.1 million jobs and creating a total output of $134bn. Some countries are actively trying to increase the number of cruise visitors. The New Zealand Tourism 2025 plan, for example, recognizes the importance of the cruise ship industry for the future of the country’s travel and tourism industry and Tourism New Zealand wants to encourage more cruises.

The cruise industry is hugely consolidated with Carnival Corporation and Royal Caribbean dominating, along with their relevant subsidiaries. These companies, along with Norwegian Cruise line control at almost 79.6% of the cruise industry in terms of passengers and 72.2% in terms of revenue. Richard Branson’s Virgin Voyages is set to debut in 2020 and is likely to become a disruptor in the cruise ship industry should the plan succeed. The adult-only brand hopes to attract millennials and Gen Zs as these generations become more abundant in the workforce and make up a higher proportion of potential holidaymakers

Tourism Insights Report "Exploring Cruises: Key market trends and issues in the cruise industry", looks at the key trends & issues within the cruises industry, as well as the opportunities and threats. It also offers an insight into key destinations, traveler groups, and into the strategies of the leading companies.

Scope
- The global cruise industry is growing and evolving - companies are targeting a new demographic and aiming to offer new destinations and activities to grow their market share.
- This report looks at the cruise industry in detail, exploring current and future trends in traveler types and cruise destinations.

Reasons to buy
- Gain an insight into the cruise industries leading players.
- Understand the key traveler types cruise companies can look to attract
- Look at the key destinations and why they appeal
- Gain a detailed understanding of the key trends, isseus and challenges facing cruiseline operators.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Recreational Boats Market Analysis & Trends - Industry Forecast to 2027

Global Recreational Boats Market Analysis & Trends - Industry Forecast to 2027

  • $ 4200
  • July 2019

The Global Recreational Boats Market is poised to grow strong during the forecast period 2017 to 2027.Some of the prominent trends that the market is witnessing include Growing demand for outboard Boats, ...

Recreational Boats Market by Boat Type, Power source, Activity Type, Distribution Channel And Region - Global Forecast to 2027

Recreational Boats Market by Boat Type, Power source, Activity Type, Distribution Channel And Region - Global Forecast to 2027

  • $ 5650
  • May 2019

Rising disposable income has resulted in an increase in leisure spending such as purchase of recreational boats. The recreational boats can be used for conducting different activities like watersports, ...

Marine Seats Market by Ship Type, Seat Type, Component, End User And Region - Global Forecast to 2025

Marine Seats Market by Ship Type, Seat Type, Component, End User And Region - Global Forecast to 2025

  • $ 5650
  • September 2019

Technological advancements in marine seats and rising demand for motorboats are the major factors driving growth of marine seats market, globallyThe marine seats market size is expected to grow from USD ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on