Cruise Industry Goal: 40 Million Passengers by 2027
The global cruise line industry will host an estimated 30 million passengers in 2019, a first-time milestone breakthrough, and by the looks of it there will be no slowdown in the industry.
The cruise industry is the fastest-growing in the leisure travel market, and it is entering an aggressive growth phase with a record number of new ships on order set for delivery by 2027. According to the 2019 Cruise Industry News Annual Report the global cruise industry will easily have over 500 vessels and a capacity to carry 40 million passengers by 2027.
The current cruise fleet of more than 400 ships plus a record orderbook for new builds will mean the global cruise fleet will consist of more than 800,000 berths, making it an industry generating $60 billion in annual revenue.
Over the next few years cruise lines are investing billions of dollars in new ships. The big industry players like Carnival Cruise Line, Royal Caribbean, Princess Cruises, Celebrity Cruises, Disney Cruise Line, Norwegian Cruise Line Holdings’ and Virgin Voyages will have over 60 new ocean ships entering service by 2027. MSC has the biggest plans of all, with 13 more ships, adding an estimated 49,384 berths to the cruise business.
2020 will see the debut of Virgin’s first cruise ship, the much-anticipated Scarlet Lady, as well as Carnival Cruise Line’s innovative new Mardi Gras, which will operate using liquified natural gas (LNG).
The industry is moving forward, and the ships of the future will introduce more new ideas and technologies, operating more efficiently, burning less fuel and reducing air and water emissions to reduce its impact on the environment.
Access Cruise is a Miami based cruise marketing and sales consulting group, specializing in product and business development within the cruise industry.