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Chinese cruise tourism market to flourish with massive growth potential

06/18/2019| 11:02:58 AM|

China's annual growth for the cruise tourism market has exceeded 40 percent since 2006.

China enjoys the potential to become the world's largest cruise market, as its cruise tourism industry is expected to boom, driven by international players and government supports, according to industry insiders and market researchers.

China's annual growth for the cruise tourism market has exceeded 40 percent since 2006. It is expected to grow into the world's largest cruise market by 2030, with 8 to 10 million customers per year, according to figures by the Shanghai International Shipping Institute.

China continued dominating the passenger share of Asia's cruise market, contributing over 70 percent of the region's 4.24 million passengers in 2018, according to data released by Cruise Lines International Association in May.

Cruise travel has become increasingly popular in both metropolitan cities such as Shanghai, Tianjin and Guangzhou, and smaller cities including Chengdu, Qingdao and Xiamen, according to Ctrip.com, China's leading online travel agency.

Riding the wave, international cruise operators have identified China as a valuable source market for growth and begun to gain more footholds in the country, including Carnival Corporation & plc, Royal Caribbean and Norwegian Cruise Lines.

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TAGS: cruise | market
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