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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Carnival Corporation & plc is a leading cruise operator which provides cruise vessels designed to offer fun and entertainment to the customers. It was established in 1972 and is headquartered in Florida, United States.
Royal Caribbean Group is a shipping line company which owns three cruise brands; Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company was founded in 1997 and is headquartered in Florida, United States.
MSC Cruises S.A is a family-owned global cruise line which was established in 1989 as a part of Mediterranean Shipping Company. Headquartered in Geneva, Switzerland, this company is one of the largest cruise providers across the world.
Other market players include Norwegian Cruise Line Holdings Ltd, Disney Cruise Line, Oceania Cruises S. de R.L., Regent Seven Seas Cruises, Inc., Celestyal Cruises, Genting Hong Kong Limited, and Holland America Line N.V., among others.
Cruise Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 7.89 billion in 2023.
The market is estimated to grow at a CAGR of 11.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 21.02 billion by 2032.
The increasing affordability and availability of cruises, emergence of women-centred trips, innovations in meals and beverage offerings, onboard health screenings, and expansion of activities on ships are the major drivers of the market.
The key trends in the market include the growing enthusiasm to explore new destinations, increasing use of advanced onboard technologies, and rising popularity of cruises on social media.
Ocean cruises and river cruises are the primary types of cruises in the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.
Carnival Corporation & plc, Royal Caribbean Group, MSC Cruises S.A, Norwegian Cruise Line Holdings Ltd, Disney Cruise Line, Oceania Cruises S. de R.L., Regent Seven Seas Cruises, Inc., Celestyal Cruises, Genting Hong Kong Limited, and Holland America Line N.V., among others, are the key players of the cruise market, according to the report.
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