Luxury Cruise Ships Market Analysis

Cruising Type (Ocean, Luxury, Adventure, River, Expedition)

By the end of 2036, ocean cruising segment is anticipated to account for more than 57% luxury cruise ships market share owing to the increase in adventure activity that involves a significant amount of amusement, energy, and equipment for cooking, water supply, and plumbing, among other essential facilities on board. This leads to high consumption of energy and power, posing various environmental concerns.

In addition, according to a report by the Canadian Parks and Wilderness Society, in 2019, the cruisers dumped more than 32 billion litter which is about 8.45 billion gallons of waste in Canadian waters. This increases the surge in the usage of second-hand appliances that are energy and water-efficient, durable, and reliable and can help reduce the environmental impact of ocean cruising, thus facilitating a more sustainable experience.

Services (Restaurants, Water Sports, Bars & Pubs, Adventurous Sports, Snow Rooms, Planetarium, Cruise Fares, Theaters, 4D Movie In-suite Spa, Treatment Centers)

The restaurant segment is estimated to gain a robust market share and is likely to remain the second largest segment in the services of the luxury cruise ships market attributed to the continuously evolving restaurant and culinary space with new and innovative ideas for reducing the waste production and to increase the sustainability. According to a report, more than 79% of customers say that with the increase in technology, there is an increase in convenience.

Booking Mode (Online, Offline)

In luxury cruise ships market, online segment is set to register more than 8.9% growth from 2024 to 2036. The reason behind this impact is projected by the increase in the vacation offers that the travel brokers offer, all while taking care of the budget and comfort of their clients.

Moreover, this also helps the landscape to reach a worldwide audience while expanding its reach using an online booking platform. According to a report, more than 72% of travelers prefer online booking mode for their trip or vacation.

Our in-depth analysis of the luxury cruise ships market includes the following segments: