Global River Cruise Market 2023-2027

Global River Cruise Market 2023-2027
The river cruise market is forecasted to grow by USD 3206.77 mn during 2022-2027, accelerating at a CAGR of 12.9% during the forecast period. The report on the river cruise market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strong global economic recovery and increasing number of high-net-worth individuals (HNWIs), increase in onboard facilities and offerings on river cruise, and increasing demand for unique travel experiences.

Technavio's river cruise market is segmented as below:

By Age Group56 years and above36-55 years16-35 yearsLess than 16 yearsBy Product TypePassenger ticketOnboard facilitiesBy GeographyNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the improvements in port infrastructure as one of the prime reasons driving the river cruise market growth during the next few years. Also, increasing focus on sustainability and expansion of destinations by river cruise operators will lead to sizable demand in the market.

The report on the river cruise market covers the following areas:River cruise market sizingRiver cruise market forecastRiver cruise market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading river cruise market vendors that include Abercrombie and Kent USA LLC, AmaWaterways, American Cruise Lines, ANTARA CRUISES, Avalon Waterways, Carnival Corp. and Plc, Fincantieri Spa, Hornblower Group Inc., MEYER WERFT GmbH and Co. KG, Nippon Yusen Kabushiki Kaisha, SAGA PLC, Scenic Tours UK Ltd., SCYLLA AG, The Walt Disney Co., Titagarh Wagons Ltd., TUI AG, Viking Cruises, and The Travel Corp. Also, the river cruise market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.