Global Luxury Cruise Tourism Market Size, Status and Forecast 2020-2026

Cruise travel is booming with luxury travellers increasingly choosing to spend their holiday on-board ultra-luxury cruise liners. The cruise industry has been growing y-o-y since 2007, and according to Royal Caribbean Cruises CEO Richard Fain, the ultra-luxury and expedition segments are growing at twice the rate of any other segment in the industry. Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list. However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see – they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.
For this report, we undertook primary and secondary research in association with Tourism Economics, Amadeus Travel Intelligence, Connections Events, The Telegraph and various industry experts. Approaches include: analysing tourism Economics estimations of the number of outbound luxury trips from each region between 2012 and the present (using an arrival definition), and projected growth patterns until 2022. To compare the growth in overall travel with the growth in luxury travel, luxury travellers were defined as those with an annual household income of more than $350,000, and bookings arrivals order costs more than $3000 per person made by these traveller were deemed as luxury trips.
Market Analysis and Insights: Global Luxury Cruise Tourism Market
In 2019, the global Luxury Cruise Tourism market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global Luxury Cruise Tourism Scope and Market Size
Luxury Cruise Tourism market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Cruise Tourism market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Luxury Cruise Tourism market is segmented into Expedition cruises, River cruises, Sea cruises, Theme cruises, Mini cruises, World cruises, Transit cruises, Turnaround cruises, Others, etc.
Segment by Application, the Luxury Cruise Tourism market is segmented into Millennial, Generation X, Baby Boomers, etc.
Regional and Country-level Analysis
The Luxury Cruise Tourism market is analysed and market size information is provided by regions (countries).
The key regions covered in the Luxury Cruise Tourism market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Luxury Cruise Tourism Market Share Analysis
Luxury Cruise Tourism market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Luxury Cruise Tourism business, the date to enter into the Luxury Cruise Tourism market, Luxury Cruise Tourism product introduction, recent developments, etc.
The major vendors include MSC Cruises, Celebrity Cruise, Royal Caribbean, The Anschutz Corporation, Cruise Critic, Viking Cruise, Princess Cruises, Carnival Cruise Line, American Cruise Lines, Norwegian Cruise Lin, Genting Hong Kong, MS Berlin, AIDA Cruises, Azamara Club Cruises, Costa Cruise Lines, Cunard Line, Disney Cruise Line, Holland America Line, Oceania Cruises, P&O Cruises, Pullmantur Cruises, Regent Seven Seas Cruises, Seabourn, TUI Cruises, etc.

This report focuses on the global Luxury Cruise Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Cruise Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

MSC Cruises
Celebrity Cruise
Royal Caribbean
The Anschutz Corporation
Cruise Critic
Viking Cruise
Princess Cruises
Carnival Cruise Line
American Cruise Lines
Norwegian Cruise Lin
Genting Hong Kong
MS Berlin
AIDA Cruises
Azamara Club Cruises
Costa Cruise Lines
Cunard Line
Disney Cruise Line
Holland America Line
Oceania Cruises
P&O Cruises
Pullmantur Cruises
Regent Seven Seas Cruises
Seabourn
TUI Cruises

Market segment by Type, the product can be split into

Expedition cruises
River cruises
Sea cruises
Theme cruises
Mini cruises
World cruises
Transit cruises
Turnaround cruises
Others

Market segment by Application, split into

Millennial
Generation X
Baby Boomers

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Luxury Cruise Tourism status, future forecast, growth opportunity, key market and key players.
To present the Luxury Cruise Tourism development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Luxury Cruise Tourism are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.