Market Overview:
The global cruise ship expedition market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury travel and rising disposable income of consumers. Additionally, the growing popularity of river cruises is also propelling the growth of this market. However, safety concerns related to maritime accidents may hamper the growth of this market in some regions. The global cruise ship expedition market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into rivers, oceans, lakes and other segments. The rivers segment is projected to grow at a higher CAGR during 2018-2030 owing to increasing demand for river cruises across different geographies such as North America, Latin America Europe Asia Pacific and Middle East & Africa .On account on application ,the millennial segment is anticipated witness highest CAGR over next 10 years followed by Generation X baby boomers others respectively .
Product Definition:
A cruise ship expedition is a voyage taken by a cruise ship, sometimes in remote areas, such as the Arctic or Antarctica. The importance of cruise ship expeditions is that they offer passengers an opportunity to see parts of the world they might not otherwise get to see.
Rivers:
Rivers is a Cruise ship company that specializes in small ships, which can be used for short cruises. It was formed by the merger of two companies, The first one being Silversea Ltd., an operator of luxury river cruise ships based in New York and the second one being P&O European River Cruises based in London.
The growth factor for rivers is high compared to other cruise ship companies as it has more vessels than any other company operating on international rivers.
Ocean:
The ocean is the largest body of water and it covers more than 70% of the earth's surface. The cruise ship industry relies on passenger traffic to a large extent. Ocean has always been a key factor in attracting passengers for cruises and this trend is expected to continue over the forecast period as well. In order to boost passenger traffic, companies are focusing on expanding their services in new regions with attractive offers and Cruise Ship Expedition (CSX) market plays an important role in these efforts.
Application Insights:
The millennial application segment led the global cruise ship expedition market in 2017. This is attributed to increasing travel opportunities for millennials, who prefer short getaways and are more inclined towards adventure travel. The baby boomers application segment is expected to witness a significant growth rate over the forecast period owing to their growing preference for long-term traveling. They have been venturing out on cruises since past few years and this trend is expected to continue over next few years as well: a cruise will be an excellent choice for them as they can spend several days at a time exploring different parts of the world at their own pace without having any restrictions on duration of stay or number of visits.
Regional Analysis:
North America dominated the global cruise ship expedition market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing millennial population and their preference for adventure travel, along with rising disposable income and demand for luxury travel products. Moreover, the presence of major cruise operators such as Carnival Corporation & plc., Royal Caribbean Cruises Ltd., and Celebrity Cruises Inc. will drive regional growth further on account of offering various adventures activities including kayaking, hiking trails, white-water rafting trips etc.
Asia Pacific is anticipated to register significant growth over the forecast period owing to growing middle-class populations in countries such as China.
Growth Factors:
- Increasing demand for cruise holidays: The global cruise industry is expected to grow at a CAGR of around 5% during the period 2016-2020. This growth can be attributed to the increasing demand for cruise holidays, especially from emerging markets such as China and India.
- Proliferation of luxury cruises: There has been a proliferation of luxury cruises in recent years, with operators offering more upscale experiences with better amenities and services. This is attracting more high-end travelers to the market, thereby boosting growth prospects.
- Emergence of new players: A number of new players have entered the market in recent years, intensifying competition and resulting in lower prices for consumers. This is helping to drive growth in the market by making cruising more affordable for a wider audience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cruise Ship Expedition Market Research Report
By Type
Rivers, Ocean, Lake, Other
By Application
Millennial, Generation X, Baby Boomers, Others
By Companies
TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson, G Adventures, Lindblad Expeditions
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Cruise Ship Expedition Market Report Segments:
The global Cruise Ship Expedition market is segmented on the basis of:
Types
Rivers, Ocean, Lake, 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
Millennial, Generation X, Baby Boomers, Others
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:
- TUI Group
- Thomas Cook Group
- Jet2 Holidays
- Cox & Kings Ltd
- Lindblad Expeditions
- Travcoa
- Scott Dunn
- Abercrombie & Kent Ltd
- Micato Safaris
- Tauck
- Al Tayyar
- Backroads
- Zicasso
- Exodus Travels
- Butterfield & Robinson
- G Adventures
- Lindblad Expeditions
Highlights of The Cruise Ship Expedition 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:
- Rivers
- Ocean
- Lake
- Other
- By Application:
- Millennial
- Generation X
- Baby Boomers
- Others
- 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 Cruise Ship Expedition 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?
Cruise Ship Expedition is a unique and exciting way to see the world. You will travel on a luxury cruise ship with other travelers, experiencing new cultures and sights while enjoying all the amenities of home.
Some of the major players in the cruise ship expedition market are TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson, G Adventures, Lindblad Expeditions.
The cruise ship expedition market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cruise Ship Expedition 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 Cruise Ship Expedition Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cruise Ship Expedition 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 Cruise Ship Expedition 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 Cruise Ship Expedition Market Size & Forecast, 2018-2028
4.5.1 Cruise Ship Expedition Market Size and Y-o-Y Growth
4.5.2 Cruise Ship Expedition Market Absolute $ Opportunity
Chapter 5 Global Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Type
5.2.1 Rivers
5.2.2 Ocean
5.2.3 Lake
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Applications
6.2.1 Millennial
6.2.2 Generation X
6.2.3 Baby Boomers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cruise Ship Expedition 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 Cruise Ship Expedition 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 Cruise Ship Expedition Analysis and Forecast
9.1 Introduction
9.2 North America Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Type
9.6.1 Rivers
9.6.2 Ocean
9.6.3 Lake
9.6.4 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 Cruise Ship Expedition Market Size Forecast by Applications
9.10.1 Millennial
9.10.2 Generation X
9.10.3 Baby Boomers
9.10.4 Others
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 Cruise Ship Expedition Analysis and Forecast
10.1 Introduction
10.2 Europe Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Type
10.6.1 Rivers
10.6.2 Ocean
10.6.3 Lake
10.6.4 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 Cruise Ship Expedition Market Size Forecast by Applications
10.10.1 Millennial
10.10.2 Generation X
10.10.3 Baby Boomers
10.10.4 Others
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 Cruise Ship Expedition Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Type
11.6.1 Rivers
11.6.2 Ocean
11.6.3 Lake
11.6.4 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 Cruise Ship Expedition Market Size Forecast by Applications
11.10.1 Millennial
11.10.2 Generation X
11.10.3 Baby Boomers
11.10.4 Others
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 Cruise Ship Expedition Analysis and Forecast
12.1 Introduction
12.2 Latin America Cruise Ship Expedition 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 Cruise Ship Expedition Market Size Forecast by Type
12.6.1 Rivers
12.6.2 Ocean
12.6.3 Lake
12.6.4 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 Cruise Ship Expedition Market Size Forecast by Applications
12.10.1 Millennial
12.10.2 Generation X
12.10.3 Baby Boomers
12.10.4 Others
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) Cruise Ship Expedition Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cruise Ship Expedition 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) Cruise Ship Expedition Market Size Forecast by Type
13.6.1 Rivers
13.6.2 Ocean
13.6.3 Lake
13.6.4 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) Cruise Ship Expedition Market Size Forecast by Applications
13.10.1 Millennial
13.10.2 Generation X
13.10.3 Baby Boomers
13.10.4 Others
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 Cruise Ship Expedition Market: Competitive Dashboard
14.2 Global Cruise Ship Expedition Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TUI Group
14.3.2 Thomas Cook Group
14.3.3 Jet2 Holidays
14.3.4 Cox & Kings Ltd
14.3.5 Lindblad Expeditions
14.3.6 Travcoa
14.3.7 Scott Dunn
14.3.8 Abercrombie & Kent Ltd
14.3.9 Micato Safaris
14.3.10 Tauck
14.3.11 Al Tayyar
14.3.12 Backroads
14.3.13 Zicasso
14.3.14 Exodus Travels
14.3.15 Butterfield & Robinson
14.3.16 G Adventures
14.3.17 Lindblad Expeditions
