Market Overview:
The global coastal and maritime tourism market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing popularity of cruise tourism, yachting and sailing tourism, and other forms of coastal and maritime tourism. In addition, the development of new tourist destinations along coastal areas and rising disposable income are also contributing to the growth of this market. On the basis of type, the global coastal and maritime tourism market can be segmented into cruise tourism, yachting and sailing tourism, and other forms of coastal and maritime tourism. Cruise Tourism is expected to account for a major share in terms revenue generated by type in 2018 followed by Yachting & Sailing Tourism . However; Onboard & Other Service is projected grow at highest CAGR over forecast period owing high spending propensity on luxury services offered by these service providers as compared with others segments such as Ticketing Services . In terms application , Passenger Tickets Service accounted for majority share revenue generated by application segment Coastal Maritime Tourism Market in 2017 followed By Onboard & Other Service Segment .
Product Definition:
Coastal and Maritime Tourism is the tourism industry sector which focuses on activities taking place in or near coastal and maritime areas. These activities can include, but are not limited to, sightseeing and recreational fishing, whale watching, beach going, surfing etc. Coastal and Maritime Tourism is important because it often supports local communities through job creation and revenue generation.
Cruise Tourism:
cruise tourism is the practice or business of providing passenger services for ships, boats, and other watercraft that are traveling to a destination. It can be described as both recreational travel and commercial travel combined. The primary purpose of cruise tourism is to provide entertainment, food service activities (for those who do not eat in the restaurants on board), shopping opportunities (for those who do not shop in ports of call), and optional excursions for passengers at a reasonable price.
Yachting and Sailing Tourism:
Yachting and sailing tourism is the travel undertaken by sea or by a yacht. The concept of yachting and sailing tourism was initiated in Europe with the advent of passenger ships for cruise purposes. This activity gained popularity owing to its leisure nature, which involved traveling at a slow pace around the coastal areas with an opportunity to enjoy natural beauty along with entertainment services in shipboard lifestyle.
Application Insights:
Passenger tickets service accounted for the largest share of more than 60.0% in 2017. This is attributed to the growing number of cruise ships and air tours operating from various countries on a seasonal basis, which has resulted in increased passenger travel by sea and land. Furthermore, initiatives taken by governments to promote tourism including providing tax rebates for cruiseshippers are expected to boost industry growth over the forecast period.
Onboard and other services are projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for adventure activities such as scuba diving, surfing, skiing or snowboarding among others that require professional services on board vessels or land based equipment respectively during trips organized by companies offering these services under their brand name or trademarks registered with local authorities worldwide (PADI).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid developments in various sectors, such as marine tourism, coastal zone management, hospitality industry etc., which are expected to boost regional growth. China and India have a long coastline with sandy beaches that offer a wide range of water sports activities throughout the year. Moreover, countries like Australia are well-known for their natural beauty along with having some of the best white sand beaches in this region.
North America is projected to grow at an exponential rate during the forecast period owing to increasing awareness regarding coastal areas among tourists from U.S.
Growth Factors:
- Increasing disposable income of people, especially in the developing countries is driving the growth of coastal and maritime tourism market.
- Rapid urbanization has led to the development of new tourist destinations near coastal areas and this is fueling the demand for coastal and maritime tourism services.
- Proliferation of low-cost airlines has made it easier for people to travel to different parts of the world, thereby boosting demand for coastal and maritime tourism services.
- Development of innovative tourist products such as cruise holidays, eco-tourism etc., is providing a boost to Coastal and Maritime Tourism market growth .
Scope Of The Report
Report Attributes
Report Details
Report Title
Coastal and Maritime Tourism Market Research Report
By Type
Cruise Tourism, Yachting and Sailing Tourism, Other
By Application
Passenger Tickets Service, Onboard and Other Service
By Companies
Carnival Corporation, Royal Caribbean, Norwegian Cruise Lines, MSC Cruises, Genting Hong Kong, Disney Cruise, Silversea Cruises (Royal), Dream Yacht Charter
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Coastal and Maritime Tourism Market Report Segments:
The global Coastal and Maritime Tourism market is segmented on the basis of:
Types
Cruise Tourism, Yachting and Sailing Tourism, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Tickets Service, Onboard and Other Service
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carnival Corporation
- Royal Caribbean
- Norwegian Cruise Lines
- MSC Cruises
- Genting Hong Kong
- Disney Cruise
- Silversea Cruises (Royal)
- Dream Yacht Charter
Highlights of The Coastal and Maritime Tourism Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cruise Tourism
- Yachting and Sailing Tourism
- Other
- By Application:
- Passenger Tickets Service
- Onboard and Other Service
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coastal and Maritime Tourism Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coastal and Maritime Tourism is the travel industry that specializes in activities and attractions related to the ocean, including boating, fishing, swimming, surfing, sailing and scuba diving.
Some of the major players in the coastal and maritime tourism market are Carnival Corporation, Royal Caribbean, Norwegian Cruise Lines, MSC Cruises, Genting Hong Kong, Disney Cruise, Silversea Cruises (Royal), Dream Yacht Charter.
The coastal and maritime tourism market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coastal and Maritime Tourism Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Coastal and Maritime Tourism Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Coastal and Maritime Tourism Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Coastal and Maritime Tourism Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Coastal and Maritime Tourism Market Size & Forecast, 2018-2028 4.5.1 Coastal and Maritime Tourism Market Size and Y-o-Y Growth 4.5.2 Coastal and Maritime Tourism Market Absolute $ Opportunity
Chapter 5 Global Coastal and Maritime Tourism Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coastal and Maritime Tourism Market Size Forecast by Type
5.2.1 Cruise Tourism
5.2.2 Yachting and Sailing Tourism
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coastal and Maritime Tourism Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coastal and Maritime Tourism Market Size Forecast by Applications
6.2.1 Passenger Tickets Service
6.2.2 Onboard and Other Service
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coastal and Maritime Tourism Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coastal and Maritime Tourism Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coastal and Maritime Tourism Analysis and Forecast
9.1 Introduction
9.2 North America Coastal and Maritime Tourism Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coastal and Maritime Tourism Market Size Forecast by Type
9.6.1 Cruise Tourism
9.6.2 Yachting and Sailing Tourism
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coastal and Maritime Tourism Market Size Forecast by Applications
9.10.1 Passenger Tickets Service
9.10.2 Onboard and Other Service
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coastal and Maritime Tourism Analysis and Forecast
10.1 Introduction
10.2 Europe Coastal and Maritime Tourism Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coastal and Maritime Tourism Market Size Forecast by Type
10.6.1 Cruise Tourism
10.6.2 Yachting and Sailing Tourism
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coastal and Maritime Tourism Market Size Forecast by Applications
10.10.1 Passenger Tickets Service
10.10.2 Onboard and Other Service
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coastal and Maritime Tourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coastal and Maritime Tourism Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coastal and Maritime Tourism Market Size Forecast by Type
11.6.1 Cruise Tourism
11.6.2 Yachting and Sailing Tourism
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coastal and Maritime Tourism Market Size Forecast by Applications
11.10.1 Passenger Tickets Service
11.10.2 Onboard and Other Service
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coastal and Maritime Tourism Analysis and Forecast
12.1 Introduction
12.2 Latin America Coastal and Maritime Tourism Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coastal and Maritime Tourism Market Size Forecast by Type
12.6.1 Cruise Tourism
12.6.2 Yachting and Sailing Tourism
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coastal and Maritime Tourism Market Size Forecast by Applications
12.10.1 Passenger Tickets Service
12.10.2 Onboard and Other Service
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coastal and Maritime Tourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coastal and Maritime Tourism Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coastal and Maritime Tourism Market Size Forecast by Type
13.6.1 Cruise Tourism
13.6.2 Yachting and Sailing Tourism
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coastal and Maritime Tourism Market Size Forecast by Applications
13.10.1 Passenger Tickets Service
13.10.2 Onboard and Other Service
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coastal and Maritime Tourism Market: Competitive Dashboard
14.2 Global Coastal and Maritime Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carnival Corporation
14.3.2 Royal Caribbean
14.3.3 Norwegian Cruise Lines
14.3.4 MSC Cruises
14.3.5 Genting Hong Kong
14.3.6 Disney Cruise
14.3.7 Silversea Cruises (Royal)
14.3.8 Dream Yacht Charter