Dallas, TX (PRWEB) October 22, 2014
A strong affiliation between the cruise lines and their travel agents is the key growth factor of the cruise industry. Travel agents are the prime distribution channel for the cruise sales as majority of the bookings are made through them. A continuous incline has been observed in the volume of the cruise passengers around the globe over the past few years, chiefly as a result of the travel agent initiative taken by the Cruise Line International Association.
As per the report “Global Cruise Market: 2014 Edition” is marked by ever-increasing choice of cruise holidays, diversity of destinations and exceptional service levels. Some of the noteworthy trends and developments of the industry include enhanced technology, revitalization of cruise lines, new innovations, wide entertainment options on board, new cruising locations and increasing first time passengers. The cruise industry has witnessed a noteworthy shift in passenger preference from North America, the largest cruise market, to the European cruise market.
The vacation industry is a very small part of the leisure/entertainment industry, and the cruise line segment is even smaller with only two percent of the market. However, cruise line is the fastest growing segment with immense potential for future growth. It is reflected by its continuous expanding capacity inspite of challenges like adverse economic environment and Costa Concordia incident.
Purchase a copy of this report at http://www.marketreportsonline.com/contacts/purchase.php?name=337365.
This report presents an exhaustive study of the global cruise market, along with an in-depth analysis of the regional markets. It also encompasses detailed description of the factors driving the growth of the industry coupled with various recent trends and challenges hindering the growth of the industry. The company profile section of the report covers detailed description of the players operating in the aforementioned industry. The report also includes comprehensive analysis of the fierce competition among the major players on a number of parameters. By deploying SPSS Inc.’s data integration and analysis capabilities, future growth prediction in terms of value of the global cruise market has also been analyzed in the report. Browse complete Table of Contents at http://www.marketreportsonline.com/337365-toc.html.
Explore more reports on Travel & Hospitality Market at http://www.marketreportsonline.com/cat/hospitality-market-research.html.
MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the travel & hospitality market, MarketReportsOnline.com offers research studies on pharmaceuticals, chemicals, agriculture, environment, biotechnology, agriculture, retail, food and beverages, it & telecommunication market, semiconductor and electronics, advanced materials, banking and financial services, mining & utilities, consumer goods, consumer goods, healthcare and much more.