The Cruises market in Netherlands has been experiencing a notable growth in recent years.
Customer preferences: Travelers in Netherlands are increasingly seeking unique and personalized cruise experiences that cater to their individual preferences. They are drawn to cruises that offer immersive cultural experiences, sustainable practices, and a focus on wellness and relaxation. Additionally, there is a growing interest in themed cruises and expedition cruises that allow passengers to explore off-the-beaten-path destinations.
Trends in the market: One of the prominent trends in the Cruises market in Netherlands is the rise of river cruises. Dutch travelers are increasingly opting for river cruises along the picturesque waterways of Europe, offering a more intimate and scenic way to explore different destinations. Another trend is the growing popularity of luxury cruises among affluent travelers, who seek high-end amenities, gourmet dining options, and personalized services onboard.
Local special circumstances: The geographical location of Netherlands plays a significant role in shaping the Cruises market. With its extensive network of waterways and ports, Netherlands serves as a strategic hub for cruise itineraries in Europe. The country's rich maritime heritage and well-developed infrastructure make it an attractive starting point for cruises to various European destinations. Additionally, the Dutch cruise market benefits from a strong tourism industry and a high level of disposable income among its population.
Underlying macroeconomic factors: The growth of the Cruises market in Netherlands can be attributed to several underlying macroeconomic factors. The country's stable economy, favorable exchange rates, and increasing consumer confidence have contributed to the rising demand for cruises among Dutch travelers. Furthermore, the government's efforts to promote tourism and develop the cruise industry have created a conducive environment for market growth. As disposable incomes continue to rise and travel becomes more accessible, the Cruises market in Netherlands is expected to further expand in the coming years.
Data coverage:
The data encompasses B2C enterprises. Figures are based on bookings, revenues, and sales channels of cruises.Modeling approach:
Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, the Global Consumer Survey, third-party studies and reports, data from industry associations (e.g., UNWTO), and price data of major players in respective markets. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as country-related GDP, demographic data (e.g., population), tourism spending, consumer spending, internet penetration, and device penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, and exponential trend smoothing methods are applied. A k-means cluster analysis allows for the estimation of similar countries. The main drivers are tourism GDP per capita and respective price indices.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
