Has the cruise industry found a ceiling in North America and Europe? It may appear so, according to independent data in the 2015-2016 Cruise Industry News Annual Report.
While capacity is growing by leaps and bounds in Asia and Australia, there are less beds in the Caribbean in 2015 while the Mediterranean and Northern Europe remain relatively flat year-over-year.
The Chinese source market will account for over 1 million passengers for the first time in 2015, and could hold the key for future global cruise industry growth. Australia, as well, continues to grow at a rapid pace compared to mature markets.
South America, another market once thought to be the next frontier, has fallen off dramatically and leveled off in the past two years with MSC being the dominant operator in Brazil.
About the Annual Report:
The Cruise Industry News Annual Report is the only book of its kind, presenting the worldwide cruise industry through 2025 in 350+ pages. Statistics are independently researched. See a preview of last year’s edition by clicking here.
The report covers everything from new ships on order to supply-and-demand scenarios from 1987 through 2021+. Plus there is a future outlook, complete growth projections for each cruise line, regional market reports, and detailed ship deployment by region and market, covering all the cruise lines.
