Market share of cruise industry worldwide in 2016, by company

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Market share

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This statistic shows the market share of cruise industry worldwide in 2016, by company. In that year, the cruise company Carnival Corporation held the largest share of the cruise market at 44.3 percent.
Global cruise industry - additional information

Cruising has become a major part of the tourism industry, with global cruise industry revenue forecasted to reach almost 38 billion U.S. dollars in 2017. Over recent years, travelers from around the world have shown increasing interest in cruise vacations, with the largest share of passengers coming from North America. The North American cruise industry has reported a rising number of guests year-on-year. There were approximately 12.41 million guests counted in 2016.

The British-American cruise company Carnival Corporation & plc, was the tenth leading travel and leisure company in the United States in 2015, with a market value of approximately 28.35 billion U.S. dollars. Founded in 1972, Carnival Corporation & plc, with its associated cruise lines, had the capacity to carry more than 220 thousand passengers as of January 2017. The passenger capacity of the global cruise industry has increased year-on-year, and forecasted to increase from 466 thousand in 2016 to 521 thousand by 2018.

The common use of cruise line ships is for leisure voyages. Transportation is not usually the main purpose of taking a cruise trip: most modern cruise liners offer a large variety of on board activities such as casinos, spas, shops, a theatre or cinema and indoor/outdoor swimming pools. Despite those facilities, 40 percent of U.S. passengers are also willing to pay extra for off-the-ship excursions. Luxury cruise line ships are the most popular accommodation among travelers who are interested in luxury travel.

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Release date
May 2017
Survey time period
Supplementary notes
Market share is based on passenger capacity.

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