The global ocean-going cruise fleet is set to reach 365 ships this year, according to the 2017-2018 Cruise Industry News Annual Report.
The fleet will be able to accommodate 25.2 million passengers on a double occupancy basis and is expected to generate $37.8 billion in ticket and onboard revenue.
A breakdown of the fleet shows that 54.5 percent of the passenger capacity is dedicated primarily to the North American market, 27.0 percent to Europe, and 18.5 percent to the Asia/Pacific region, including China.
This compares to 10 years ago, when the North American market commanded 73 percent of the worldwide capacity, Europe, 22.7 percent, and Asia, 4.3 percent.
The forecast based on known ship orders and expected deployment is that the North American market can still dominate 10 years from now with a 50.7 percent market share of the cruise capacity, followed by Europe with 29.2 percent, both having lost some market share to Asia/Pacific, which will have 20.1 percent.
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.
