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10 Year Forecast: European Markets Up 60%

  • May 17, 2017

The European cruise capacity is slated to grow more than 60 percent over the next 10 years, according to the 2017 – 2018 Cruise Industry News Annual Report. The estimated passenger capacity of the European brands is 6.8 million in 2017 and will be 11.1 million by 2027, based on new ship orders and ship deployment, but excluding the capacity of North American brands also sourcing in European markets.

The single largest brand in Europe this year is MSC Cruises with a European passenger capacity of 1.6 million, followed by Costa Crociere with 1.1 million, AIDA with nearly 950,000, and P&O with more than 550,000.

Combined, Carnival Corporation brands will have an estimated capacity of approximately 2.9 million passengers in 2017; MSC, 1.6 million; and the TUI Group, 872,000.

By 2027, however, MSC will carry roughly 4.1 million passengers; Carnival brands, 4.2 million; and the TUI Group 1.2 million.

The 2017-2018 Cruise Industry News Annual Report tracks the capacity growth of all the European brands from 1998 through 2027.

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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