Market Overview:
The global luxury cruise tours market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for luxury cruise tours owing to the growing popularity of cruises as a holiday option among tourists. In addition, the increasing disposable income of consumers and rising number of affluent population are also fuelling the demand for luxury cruise tours across the globe. Onboard facilities such as spas, restaurants, bars, lounges etc., are some of the key factors that are attracting passengers towards opting for luxury cruises over other holiday options. Moreover, river cruising has emerged as one of fastest-growing segments in global luxury cruise tourism industry on account of its unique experience it offers vis-à-vis ocean cruising. Asia Pacific is expected to emerge as one of most lucrative markets for luxury cruises due high economic growth rate and burgeoning middle class population in countries such as China and India.
Product Definition:
A luxury cruise tour is a type of guided vacation that takes passengers on a cruise ship to multiple destinations. These cruises often include stops at popular tourist destinations, as well as opportunities to enjoy unique experiences and activities unavailable elsewhere.
The importance of luxury cruise tours cannot be overstated. They offer travelers a unique way to see the world while enjoying all the amenities and luxuries of a top-notch cruise ship. In addition, they provide an easy way for visitors to experience different cultures and explore new destinations without having to worry about logistics or planning.
Passenger Tickets:
Passenger tickets, also known as cruise tickets or passenger passes are a form of travel document that is used to book passage on a ship or luxury cruise. They are issued by travel agencies and can be used by individuals as well as businesses for planning corporate trips.
Onboard Facilities:
Onboard facilities are the services and amenities provided to passengers on luxury cruise ships. It includes entertainment, recreational activities, shopping, spa & fitness centers among others. The market is expected to witness significant growth over the forecast period owing to increasing passenger preference for personalized service and growing number of high-net-worth individuals (HNWI’s) along with rising spending capacity across various regions.
Application Insights:
Rivers cruise tours dominated the market in 2017, owing to the growing preference for river cruising as a leisure activity among individuals and families. Moreover, increasing focus on eco-tourism by various governments across the world has resulted in an increased number of cruises on rivers and lakes. The other application segment includes hiking, skiing & snowboarding trips, ballooning trips etc. Increasing demand for such adventure travel is expected to drive growth over the forecast period.
Lake cruise tours are anticipated to witness significant growth over the forecast period owing to their rising popularity among corporate clients seeking luxury experiences along with team building activities or just relaxing getaways with friends & family members at a lake paradise setting amidst natural beauty and wildlife spotting opportunities at close proximity.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing passenger traffic and tourism activities in the U.S., Canada, and Mexico. Moreover, rising demand for river cruises as an alternative to sea cruises due to limited time availability is expected drive regional growth over the forecast period.
Asia Pacific emerged as the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing high growth in passenger traffic on luxury cruise ships along with growing middle-class income levels especially in China and India. Furthermore, government initiatives promoting tourism are anticipated boost regional product demand over the forecast period ‰â€˜Bharatmala Yojana’ by Indian Government for developing infrastructure facilities at various tourist destinations including religious places, historical sites etc.
Growth Factors:
- Increasing disposable income of people across the globe is expected to drive the growth of luxury cruise tours market over the forecast period.
- Rising demand for experiential travel is another key factor that is anticipated to fuel the growth of this market in near future.
- Proliferation of online booking platforms is also projected to support the growth of luxury cruise tours market in forthcoming years.
- Growing popularity of cruises as a vacation option among millennials is another major factor that would propel this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Cruise Tours Market Research Report
By Type
Passenger Tickets, Onboard Facilities
By Application
Rivers, Ocean, Lake, Other
By Companies
MSC Cruises, Royal Caribbean, Viking Cruises, The Anschutz Corporation, Cruise Critic, Carnival Cruise Line, Norwegian Cruise Line, Princess Cruises, American Cruise Lines, Celebrity Cruises, Genting Hong Kong, MS Berlin
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Cruise Tours Market Report Segments:
The global Luxury Cruise Tours market is segmented on the basis of:
Types
Passenger Tickets, Onboard Facilities
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
Rivers, Ocean, Lake, Other
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:
- MSC Cruises
- Royal Caribbean
- Viking Cruises
- The Anschutz Corporation
- Cruise Critic
- Carnival Cruise Line
- Norwegian Cruise Line
- Princess Cruises
- American Cruise Lines
- Celebrity Cruises
- Genting Hong Kong
- MS Berlin
Highlights of The Luxury Cruise Tours 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:
- Passenger Tickets
- Onboard Facilities
- By Application:
- Rivers
- Ocean
- Lake
- Other
- 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 Luxury Cruise Tours 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Luxury Cruise Tours is a company that offers luxury cruises.
Some of the major companies in the luxury cruise tours market are MSC Cruises, Royal Caribbean, Viking Cruises, The Anschutz Corporation, Cruise Critic, Carnival Cruise Line, Norwegian Cruise Line, Princess Cruises, American Cruise Lines, Celebrity Cruises, Genting Hong Kong, MS Berlin.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Cruise Tours 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 Luxury Cruise Tours Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury Cruise Tours 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 Luxury Cruise Tours 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 Luxury Cruise Tours Market Size & Forecast, 2018-2028
4.5.1 Luxury Cruise Tours Market Size and Y-o-Y Growth
4.5.2 Luxury Cruise Tours Market Absolute $ Opportunity
Chapter 5 Global Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Type
5.2.1 Passenger Tickets
5.2.2 Onboard Facilities
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Applications
6.2.1 Rivers
6.2.2 Ocean
6.2.3 Lake
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Cruise Tours 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 Luxury Cruise Tours 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 Luxury Cruise Tours Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Type
9.6.1 Passenger Tickets
9.6.2 Onboard Facilities
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 Luxury Cruise Tours Market Size Forecast by Applications
9.10.1 Rivers
9.10.2 Ocean
9.10.3 Lake
9.10.4 Other
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 Luxury Cruise Tours Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Type
10.6.1 Passenger Tickets
10.6.2 Onboard Facilities
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 Luxury Cruise Tours Market Size Forecast by Applications
10.10.1 Rivers
10.10.2 Ocean
10.10.3 Lake
10.10.4 Other
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 Luxury Cruise Tours Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Type
11.6.1 Passenger Tickets
11.6.2 Onboard Facilities
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 Luxury Cruise Tours Market Size Forecast by Applications
11.10.1 Rivers
11.10.2 Ocean
11.10.3 Lake
11.10.4 Other
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 Luxury Cruise Tours Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Cruise Tours 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 Luxury Cruise Tours Market Size Forecast by Type
12.6.1 Passenger Tickets
12.6.2 Onboard Facilities
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 Luxury Cruise Tours Market Size Forecast by Applications
12.10.1 Rivers
12.10.2 Ocean
12.10.3 Lake
12.10.4 Other
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) Luxury Cruise Tours Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Cruise Tours 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) Luxury Cruise Tours Market Size Forecast by Type
13.6.1 Passenger Tickets
13.6.2 Onboard Facilities
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) Luxury Cruise Tours Market Size Forecast by Applications
13.10.1 Rivers
13.10.2 Ocean
13.10.3 Lake
13.10.4 Other
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 Luxury Cruise Tours Market: Competitive Dashboard
14.2 Global Luxury Cruise Tours Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MSC Cruises
14.3.2 Royal Caribbean
14.3.3 Viking Cruises
14.3.4 The Anschutz Corporation
14.3.5 Cruise Critic
14.3.6 Carnival Cruise Line
14.3.7 Norwegian Cruise Line
14.3.8 Princess Cruises
14.3.9 American Cruise Lines
14.3.10 Celebrity Cruises
14.3.11 Genting Hong Kong
14.3.12 MS Berlin
