Cruise Industry to Signify Strong Growth by 2023-2029

Cruise Industry are the large luxury passenger ship used mostly for vacationing. As per Cruise Lines International Association (CLIA), around 30 million people cruised globally in 2019 and the expected number for 2020 was around 32 million. It is the fastest-growing segment in the leisure travel market with capacity utilization over 100%. The cruise industry was around $126 billion in 2016 which reached around $150 billion in 2019. Some of the major factors for the growth of the global cruise industry include increasing attraction of generation ‘Z’ and millennial toward the cruise industry which comprises the largest population bases in the US. Moreover, the increasing popularity of Cruise in the emerging economies such as China, and India, increasing global disposable income and the introduction of two and three-day micro cruises are also augmenting the industry.

In January 2020, there were around 280 cruise lines ships operated by 55 cruise companies and 19 cruises were scheduled to be launched in 2020. The cruise companies are moving toward more sustainable operations by reducing carbon footprints in the sea. For instance, due to increasing pollution from ships in the sea, in April 2018 the International Maritime Organization adopted the strategy to reduce the carbon footprint from ships by 50% by 2050 as compared to 2008. As per new emission standards, sulfur in the fuel is limited to 0.5% from January 2020.

To Request a Sample of our Report on Cruise Industry:   https://www.omrglobal.com/request-sample/impact-of-covid-19-on-global-cruise-industry

Market Coverage

  • Market number available for – 2021-2030
  • Base year- 2022
  • Forecast period- 2023-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Segmentation

  • Cruise Lines
  • Cruise Manufacturer

A full Report of Cruise Industry is Available @  https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-global-cruise-industry

Regional Analysis

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

Company Profiles

  • Carnival Corp. & PLC
  • Disney Cruise Line Inc.
  • Fincantieri S.p.A.
  • Genting Hong Kong Ltd.
  • Hapag-Lloyd AG
  • Hurtigruten Ltd.
  • Mediterranean Shipping Company S.A
  • Mitsubishi Shipbuilding Co., Ltd.
  • Norwegian Cruise Line Holdings Ltd.
  • Royal Caribbean Cruises Ltd.
  • STX Offshore & Shipbuilding Co., Ltd.
  • Meyer Werft GmbH & Co. KG
  • TUI Cruises GmbH

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-global-cruise-industry

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

Comments

Post a Comment

Popular posts from this blog

European Data Backup and Recovery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

  European Data Backup and Recovery Market are expected to reach $5.7 billion in 2027, growing at a CAGR of 9.5% during the forecast period (2021-2027). Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization. Regulations regarding the data localization such as GDPR by the European Union and countries own data localization and protection act are providing growth to the market. Major economies which are expected to hold a considerable market are UK, Germany, France, Italy, and Spain. These economies are part of the European Union, which covers most of the continent. The aim of the European Union was to increase economic cooperation and encourage free trade among countries. To Request a Sample of our Report on European Data Backup and Recovery Market :   https://www.omrglobal.com/request-sample/european-data-backup-recovery-...
Read more

Insect Repellent Market Is Likely to Experience a Tremendous Growth by 2031

This informative Insect Repellent Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations to make communication with customers and know their demands for making right investment in the product development. By increasing the product portfolio by referring the important market data provided in this Insect Repellent Market research report, key players can grow and expand their business forward. Continuously developing customer demands are also described in this global report to help new entrants make required changes in the final product launch and then bring into the market. It becomes easy for key players to prioritize the demands and requirements of target audience and have complete understanding of end-user experience with the help o...
Read more

Asia-Pacific Urban Air Mobility Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market. To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market :   https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the As...
Read more