Global Cruise Market Size & Outlook, 2024-2030

The cruise industry worldwide is expected to reach a projected revenue of US$ 18,350.6 million by 2030. A compound annual growth rate of 12.9% is expected of the worldwide cruise industry from 2025 to 2030.
Revenue, 2024 (US$M)
$8,874.0
Forecast, 2030 (US$M)
$18,350.6
CAGR, 2025 - 2030
12.9%
Report Coverage
Worldwide

Global cruise market highlights

  • The global cruise market generated a revenue of USD 8,874.0 million in 2024 and is expected to reach USD 18,350.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 12.9% by 2030.
  • In terms of segment, ocean cruises accounted for a revenue of USD 7,109.1 million in 2024.
  • River Cruises is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 8,874.0 million
Market revenue in 2030USD 18,350.6 million
Growth rate12.9% (CAGR from 2024 to 2030)
Largest segmentOcean cruises
Fastest growing segmentRiver Cruises
Historical data covered2017 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOcean Cruises, River Cruises

Other key industry trends

  • In terms of revenue, the North America accounted for 50.1% of the global cruise market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 89.5 million by 2030.

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Cruise Market Companies

Name Profile # Employees HQ Website

Global cruise market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cruise market will help companies and investors design strategic landscapes.


Ocean cruises was the largest segment with a revenue share of 80.11% in 2024. Horizon Databook has segmented the Global cruise market based on ocean cruises, river cruises covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Cruise Type Outlook (Revenue, USD Million, 2017-2030)
    • Ocean Cruises
    • River Cruises

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Target buyers of Global cruise market databook

  • Our clientele includes a mix of cruise market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cruise market , including forecasts for subscribers. This global databook contains high-level insights into Global cruise market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global cruise market size, by regions, 2017-2030 (US$M)

Top 10 countries: Cruise market size, 2024 (US$M)

Global cruise market share, by type, 2024 & 2030 (%, US$M)

Cruise market: Opportunity assessment by country

Global cruise market, by region, 2024 (US$M)

Global cruise market size, by regions, 2017-2030 (US$M)

Type 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 13,658.7 14,625.4 15,688.5 3,453.9 3,622.4 3,835.8 4,109.2 4,441.8 4,850.6 5,358.0 5,995.2 6,805.9 7,852.4 9,225.3 13.0%
Europe 7,185.9 7,670.0 8,201.3 1,799.9 1,881.6 1,986.2 2,120.9 2,285.3 2,487.7 2,739.1 3,055.1 3,457.2 3,975.7 4,655.8 12.6%
Asia Pacific 4,278.6 4,621.4 5,000.5 1,110.5 1,174.8 1,254.9 1,356.0 1,478.5 1,628.7 1,814.7 2,048.2 2,345.5 2,726.2 3,228.9 13.9%
Latin America 1,727.9 1,836.2 1,953.2 426.2 442.5 463.7 491.1 524.4 565.3 615.9 679.2 759.2 871.0 1,010.8 11.6%
MEA 576.0 594.0 613.6 130.2 131.5 134.0 138.3 144.0 151.4 161.1 173.6 189.8 205.7 229.8 8.1%
Overall 27,427.1 29,347.0 31,457.1 6,920.7 7,252.8 7,674.6 8,215.5 8,874.0 9,683.7 10,688.8 11,951.3 13,557.6 15,631.0 18,350.6 12.9%

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