The world cruise shipping industry faces a challenging time ahead as a number of problems continue to restrict industry growth, mainly :-
the continuing public perception of a terrorist threat;
reluctance by some market sectors to go on fly/cruises;
the image of cruises;
the availability of suitable itineraries;
opposition from environmentalist groups in certain areas;
limited specialist port facilities;
the continued low level of market penetration by cruises in Asia.
At the same time however, there are a number of factors that suggest future industry health – these include:-
continued year-on-year passenger volume growth;
an increasing range of cruise types and itineraries;
the increased affordability of cruises in many key markets;
the introduction of ever-larger cruise ships with more passenger facilities;
continued propensity for global leisure travel;
the changing image of cruises;
increasing economic wealth in populous Asian economies;
This in-depth publication of over 230 pages examines the prospects for the industry in the period to 2020, including full examination of likely trends in the cruise ship fleet, cruise lines, ports, vessel design and cruise itineraries. This Report is the 10th in-depth passenger shipping industry analysis published by OSC since 1992. The detail and range of the analysis and forecasts in the new Report are even greater than those in previous publications, and represent the most up to date and comprehensive set of analysis and forecasts available on international cruise shipping. It is essential reading for all parties with an interest in this sector.
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