Cruise Tourism Market

By Type;

River Cruise, Ocean Cruise, Expedition Cruise, Theme Cruise, Adventure Cruise and Others

By Duration;

1–7 Days, 8–14 Days, 15–20 Days and More Than 21 Days

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn920957229 Published Date: September, 2025 Updated Date: October, 2025

Cruise Tourism Market Overview

Cruise Tourism Market (USD Million)

Cruise Tourism Market was valued at USD 6,544.16 million in the year 2024. The size of this market is expected to increase to USD 14,287.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.8%.


Cruise Tourism Market

*Market size in USD million

CAGR 11.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.8 %
Market Size (2024)USD 6,544.16 Million
Market Size (2031)USD 14,287.19 Million
Market ConcentrationLow
Report Pages390
6,544.16
2024
14,287.19
2031

Major Players

  • AmaWaterways LLC
  • Ambassador Cruise Holidays Ltd.
  • American Cruise Lines
  • Carnival Corp. and Plc
  • Compagnie du Ponant
  • Cosmos Tours Ltd.
  • Genting Hong Kong Ltd.
  • Kerala Shipping and Inland Navigation Corp. Ltd.
  • LaVista Travel
  • MSC Mediterranean Shipping Co. SA
  • Norwegian Cruise Line Holdings Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cruise Tourism Market

Fragmented - Highly competitive market without dominant players


The Cruise Tourism Market has become a vibrant part of the global leisure industry, attracting travelers who seek luxury, adventure, and unique cultural encounters. More than 65% of tourists now consider cruises as a favored option, drawn by the balance of affordability, entertainment, and exclusive experiences. This blend continues to strengthen the sector’s position as a major driver of tourism growth.

Rising Consumer Demand
Demand for cruise travel continues to accelerate, with nearly 70% of passengers valuing diverse itineraries and engaging activities. The appeal of combining affordability with premium experiences has made cruises a compelling alternative to traditional vacations. Growing disposable income and evolving preferences for experiential travel further fuel this demand.

Technological Advancements
Technology is reshaping cruise tourism, as over 55% of providers invest in eco-friendly ships, digital booking tools, and immersive entertainment systems. These innovations not only elevate passenger experiences but also support sustainability initiatives, ensuring long-term market resilience.

Shifts in Traveler Preferences
Almost 60% of travelers now prioritize wellness, sustainability, and cultural immersion while choosing cruises. The rise of wellness-focused trips, culinary themes, and eco-conscious packages showcases the industry’s ability to align with modern traveler values and deliver tailored experiences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Duration
    3. Market Snapshot, By Region
  4. Cruise Tourism Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Disposable Income and Growing Middle-Class Population

        2. Demographic Trends

        3. Cruise Ship Innovation and Amenities

      2. Restraints
        1. Geopolitical Instability and Security Concerns

        2. Health and Safety Concerns

        3. Weather and Natural Disasters

      3. Opportunities
        1. Customized and Theme-Based Cruises

        2. Luxury and Expedition Cruises

        3. Cruise Port Infrastructure Development

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cruise Tourism Market, By Type, 2021 - 2031 (USD Million)
      1. River Cruise
      2. Ocean Cruise
      3. Expedition Cruise
      4. Theme Cruise
      5. Adventure Cruise
      6. Others
    2. Cruise Tourism Market, By Duration, 2021 - 2031 (USD Million)
      1. 1–7 Days
      2. 8–14 Days
      3. 15–20 Days
      4. More Than 21 Days
    3. Cruise Tourism Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Carnival Corporation & plc
      2. Royal Caribbean Group
      3. MSC Cruises S.A.
      4. Norwegian Cruise Line Holdings Ltd.
      5. Disney Cruise Line
      6. Viking Cruises / Viking Holdings
      7. TUI Cruises (TUI Group joint venture)
      8. Genting Hong Kong / Star Cruises
      9. Virgin Voyages
      10. Celebrity Cruises (subsidiary of Royal Caribbean)
      11. Holland America Line
      12. Princess Cruises
      13. Cunard Line
      14. Silversea Cruises
      15. Azamara Cruises
  7. Analyst Views
  8. Future Outlook of the Market