Expedition Market is 1 Percent of Global Pie

As luxury lines, new entrants and mainstream cruise lines eye the high-yielding expedition market, with 12 ships ordered since last March, the expedition segment of the cruise industry only accounts for a sliver of actual market capacity.

With small ships and long cruises, independently researched data available in the 2017-2018 Cruise Industry News Annual Report shows that the expedition market, at best, represents 1 percent of 2017 market capacity.

However, those cruises are coming at some of the best yields in the industry, according to executives at the expedition lines. Other sources told Cruise Industry News that port costs in expedition regions are also slim to none, further improving the bottom line.

About the Annual Report:

The Cruise Industry News Annual Report is the only book of its kind, presenting the worldwide cruise industry through 2027 in 400 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 2027+. 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.

Order the 2017-2018 edition today.

 

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EXPEDITION REPORT

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