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The Global Cruise Tourism Market, valued at $5.3 billion in 2021, is on track to reach an impressive $13.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2031. This market report provides an in-depth analysis of the Cruise Tourism Market, highlighting its products, applications, and key specifications.
Key Market Players
The report profiles leading companies in the market, such as:
Seabourn Cruise Line
Ambassador Cruise Holidays Limited
AmaWaterways
Norwegian Cruise Line
Cosmos Tours Ltd.
Kerala Shipping and Inland Navigation Corporation Ltd
Carnival Corporation & plc
Silversea Cruises
PONANT
Mediterranean Shipping Company S.A.
These profiles include details on product types, business overviews, sales data, manufacturing bases, and applications.
Market Segmentation
The Cruise Tourism Market is categorized into several segments:
By Type:
River Cruise
Ocean Cruise
Expedition Cruise
Theme Cruise
Adventure Cruise
Others
By Duration:
1-3 days
4-6 days
7 days
8 to 13 days
14 days
15-20 days
More than 21 days
By Passenger Age:
Less than 12 Years
13-19 Years
20-29 Years
30-39 Years
40-49 Years
50-59 Years
Above 60 Years
Market Analysis and Trends
The Cruise Tourism Market has seen continuous growth over the past few years and is expected to maintain this upward trajectory through 2031. The report offers a comprehensive assessment of the market, including future trends, current growth factors, and historical data. The study employs SWOT analysis and Porter’s five forces analysis to evaluate the strengths, weaknesses, opportunities, and threats faced by leading companies in the market.
Impact of COVID-19
The report also addresses the impact of the COVID-19 pandemic on the Cruise Tourism Market, considering political, economic, social, and technological factors. This analysis is crucial for understanding the potential changes and challenges the market may face in the near future.
Strategic Recommendations
Key strategic recommendations for businesses include establishing a presence in promising markets, identifying growth opportunities within various product segments, and understanding market constraints that could affect the growth rate. The report provides valuable insights into market shares, trends, and strategic planning for key business segments.
This comprehensive market research report relies on the latest industry news, trends, and opportunities to provide transparent insights into the factors expected to reshape the global Cruise Tourism Market.
The post Global Cruise Tourism Market Set to Reach USD 13.6 Billion by 2031 at a CAGR of 10.4 per cent appeared first on Travel And Tour World.”}]] [[{“value”:”Reading Time: 2 minutes The Global Cruise Tourism Market, valued at $5.3 billion in 2021, is on track to reach an impressive $13.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2031.
The post Global Cruise Tourism Market Set to Reach USD 13.6 Billion by 2031 at a CAGR of 10.4 per cent appeared first on Travel And Tour World.”}]] Read More Travel And Tour World Uncategorized