Cruising Industry in International Market: Problems, Bottlenecks and Probable Solutions

Cruising Industry in
International Market
Problems, Bottlenecks and Probable Solutions

Global Cruise Tourism: Overview
 Global cruise passengers increased to 25.8 million by 2017
 The revenue of the global cruise tourism industry is more than 118
million
 Cruising industry employs more than 1,000,000 people worldwide
 Provides wage worth more than $40 billion globally
 One of the fastest growing wings of the global tourism industry

Untapped Global Market
Figure 1: Number of cruise passengers by source countries (In millions)
(Source: Statista.com, 2018)
• Huge share of population of the already cruise enthusiast countries still not participating
• Many new emerging economies developing in the current period
• Very less share of the population of these countries opt for cruise tourism