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Cruise Safari Market Analysis

  • Report ID: GMI6018
  • Published Date: Jun 2023
  • Report Format: PDF

Cruise Safari Market Analysis

Based on type, the cruise safari market is categorized into customized & private vacations, adventure & safari, small group journeys, and others. The adventure & safari segment is expected to grow at a CAGR of 10.5% by 2032. The adventure & safari tour segment specifically caters to travelers seeking unique, exhilarating, and off-the-beaten-path experiences. Cruise safaris provide opportunities to explore remote & diverse wildlife destinations, offering thrilling encounters with exotic animals, captivating landscapes, and immersive cultural interactions. The sense of adventure and the opportunity to witness wildlife up close in their natural habitats attract adventure enthusiasts, nature lovers, and those seeking extraordinary experiences.
 

Based on the booking channel, the market is segmented into direct booking, travel agencies, and online platforms. The direct booking segment held a market share of over 60% in 2022. The direct booking segment in the cruise safari market provides travelers with cost savings, control & flexibility, access to up-to-date information & exclusive offers, direct communication & support, enhanced customer service, and a seamless booking process. These advantages contribute to the growth and popularity of cruise safaris by empowering travelers to plan & customize their safari experience while enjoying a more direct & personalized relationship with the operators.
 

Global Cruise Safari Market Share, By Vessel Type

Based on vessel type, the cruise safari market is bifurcated into large cruise ships and smaller expedition ships. The large cruise ships segment held a dominant market share and was valued at over USD 1.2 billion in 2022. Large cruise ships often have dedicated observation decks or areas specifically designed for wildlife viewing. Passengers can witness and appreciate the natural beauty including marine life, coastal landscapes, and wildlife from the comfort of the ship. This provides passengers with a unique & convenient safari experience while enjoying the amenities and services of a large cruise ship.
 

Asia Pacific Cruise Safari Market Revenue,

Asia Pacific cruise safari market is expected to grow at a CAGR of over 12% through 2032. The Asia Pacific region is home to a wide array of unique & diverse wildlife species including marine life, tropical rainforests, and endemic fauna. Countries, including Indonesia, Australia, Malaysia, and the Philippines, known for their vibrant coral reefs, lush forests, and diverse ecosystems, provide excellent opportunities for cruise safaris to showcase the rich biodiversity. Governments in the region have recognized the potential of cruise tourism and are actively promoting the industry’s development. They are implementing policies & incentives to attract cruise operators, improve infrastructure, and enhance visitor experiences. Marketing campaigns & collaborations with travel agencies and tour operators further contribute to raising awareness and driving demand for cruise safaris in the region.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for cruise safari was valued at more than USD 2 billion in 2022 and will grow at more than 10% CAGR from 2023 to 2032, driven by rising consumer ambitions for leading a luxurious lifestyle.

The direct booking segment amassed more than 60% of the cruise safari market share in 2022, owing to its enhanced customer service and seamless booking process.

Asia Pacific market share for cruise safari will grow at more than 12% CAGR from 2023 to 2032, attributed to growing efforts by the regional government toward enhancing visitor experiences.

Prominent cruise safari industry players include Celebrity Cruises (Celebrity Flora), Hapag-Lloyd Cruises (HANSEATIC Nature), Lindblad Expeditions, G Adventures, Hurtigruten, and National Geographic Expeditions, among others.

Cruise Safari Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 327
  • Countries covered: 20
  • Pages: 275
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