Europe Cruise Market Size & Outlook, 2024-2030

The cruise market in Europe is expected to reach a projected revenue of US$ 4,655.8 million by 2030. A compound annual growth rate of 12.6% is expected of Europe cruise market from 2025 to 2030.
Revenue, 2024 (US$M)
$2,285.3
Forecast, 2030 (US$M)
$4,655.8
CAGR, 2025 - 2030
12.6%
Report Coverage
Europe

Europe cruise market highlights

  • The Europe cruise market generated a revenue of USD 2,285.3 million in 2024.
  • The market is expected to grow at a CAGR of 12.6% from 2025 to 2030.
  • In terms of segment, ocean cruises was the largest revenue generating type in 2024.
  • River Cruises is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 2,285.3 million
Market revenue in 2030USD 4,655.8 million
Growth rate12.6% (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
Key market players worldwideCarnival Corp, Royal Caribbean Group, MSC Cruises, Norwegian Cruise Line Holdings Ltd, The Walt Disney Co, Genting Hong Kong Ltd, Bonheur ASA, CruiseAway, Island Queen Cruises & Tours, Luxury Cruise Connections


Other key industry trends

  • In terms of revenue, Europe region accounted for 25.8% of the global cruise market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,228.9 million by 2030.

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Cruise Market Companies

Name Profile # Employees HQ Website

Europe 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 79.01% in 2024. Horizon Databook has segmented the Europe cruise market based on ocean cruises, river cruises covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Europe 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cruise market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cruise market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe cruise market size, by country, 2017-2030 (US$M)

Europe Cruise Market Outlook Share, 2024 & 2030 (US$M)

Europe cruise market size, by country, 2017-2030 (US$M)

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