Global and Japan Luxury Cruise Tourism Market Size, Status and Forecast 2021-2027

Cruise travel is booming with luxury travellers increasingly choosing to spend their holiday on-board ultra-luxury cruise liners. The cruise industry has been growing y-o-y since 2007, and according to Royal Caribbean Cruises CEO Richard Fain, the ultra-luxury and expedition segments are growing at twice the rate of any other segment in the industry. Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list. However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see – they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.
For this report, we undertook primary and secondary research in association with Tourism Economics, Amadeus Travel Intelligence, Connections Events, The Telegraph and various industry experts. Approaches include: analysing tourism Economics estimations of the number of outbound luxury trips from each region between 2012 and the present (using an arrival definition), and projected growth patterns until 2022. To compare the growth in overall travel with the growth in luxury travel, luxury travellers were defined as those with an annual household income of more than $350,000, and bookings arrivals order costs more than $3000 per person made by these traveller were deemed as luxury trips.

Market Analysis and Insights: Global Luxury Cruise Tourism Market
The global Luxury Cruise Tourism market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Luxury Cruise Tourism market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Luxury Cruise Tourism market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Luxury Cruise Tourism market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Luxury Cruise Tourism market.

Global Luxury Cruise Tourism Scope and Market Size
Luxury Cruise Tourism market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Luxury Cruise Tourism market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Expedition cruises
River cruises
Sea cruises
Theme cruises
Mini cruises
World cruises
Transit cruises
Turnaround cruises
Others

Segment by Application
Millennial
Generation X
Baby Boomers

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
MSC Cruises
Celebrity Cruise
Royal Caribbean
The Anschutz Corporation
Cruise Critic
Viking Cruise
Princess Cruises
Carnival Cruise Line
American Cruise Lines
Norwegian Cruise Lin
Genting Hong Kong
MS Berlin
AIDA Cruises
Azamara Club Cruises
Costa Cruise Lines
Cunard Line
Disney Cruise Line
Holland America Line
Oceania Cruises
P&O Cruises
Pullmantur Cruises
Regent Seven Seas Cruises
Seabourn
TUI Cruises