India Cruise Market Size & Outlook, 2024-2030

The cruise market in India is expected to reach a projected revenue of US$ 322.6 million by 2030. A compound annual growth rate of 15.1% is expected of India cruise market from 2025 to 2030.
Revenue, 2024 (US$M)
$138.8
Forecast, 2030 (US$M)
$322.6
CAGR, 2025 - 2030
15.1%
Report Coverage
India

India cruise market highlights

  • The India cruise market generated a revenue of USD 138.8 million in 2024 and is expected to reach USD 322.6 million by 2030.
  • The India market is expected to grow at a CAGR of 15.1% 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.


Cruise market data book summary

Market revenue in 2024USD 138.8 million
Market revenue in 2030USD 322.6 million
Growth rate15.1% (CAGR from 2024 to 2030)
Largest segmentOcean cruises
Fastest growing segmentRiver Cruises
Historical data2017 - 2023
Base year2024
Forecast period2025 - 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, India accounted for 1.6% of the global cruise market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cruise market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 322.6 million by 2030.

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Cruise Market Companies

Name Profile # Employees HQ Website

India 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 81.41% in 2024. Horizon Databook has segmented the India 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 India 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 country-level data and insights on the India cruise market , including forecasts for subscribers. This country databook contains high-level insights into India cruise market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India cruise market size, by type, 2017-2030 (US$M)

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

India cruise market size, by type, 2017-2030 (US$M)

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