Alaskan Cruises Market: Valuation Reaching USD 2.51 Billion by 2032, Analysis of Tourism Evolution | FMI

Alaskan Cruises Market
Alaskan Cruises Market

The  Alaskan cruise market is poised to reach a valuation of USD 1.87 Billion in 2022. Sales are projected to increase at a 3.0% CAGR, with the market size reaching USD 2.51 Billion by 2032

Various attractive tour packages are offered by a number of cruising lines. Travellers who were locked at their homes were eagerly waiting for an opportunity. Cruising lines providing new offers and packages has gained the interest of these travellers. The cruising lines are also set to make the most out of the opportunity by launching new luxury cruises and exciting activities to add on to the consumer’s cruising experience. Consumers are increasingly interested in unique experiences like Fishing, Wildlife, Northern Lights, Denali, Hiking, Camping, Glaciers, and many more of such activities.

The U.S Government is also taking special effort to get the tourism and cruising in the Alaskan region back on track. U.S. Government introduced bicameral legislation to provide a one year extension of the Alaska Tourism Restoration Act (ATRA). This act was signed into the law in May 2021. This new act ensures that if Canada restricts its borders for foreign passengers, the Alaska delegation is ready and able to again temporarily authorize foreign-flagged passenger vessels to bypass Canada.

Get an Exclusive Sample Copy of the Report:

Besides this, in order to expand the range of business and also to contribute to the prevention of environmental changes, the top players in the Alaskan cruising market are developing new ships that will be ecofriendly. These new ships will not emit greenhouse gases and thus help in saving preventing the pause in obstacles in cruising due to recurring natural disasters. This will also gain the attention of travelers that care about environment and increase the number of people opting for cruise travel.

Key Takeaways:

  • Based on cruise destination, Juneau is predicted to account for a dominant share of Travellers in the market through 2032.
  • By booking channel, the online booking segment is anticipated to hold a noteworthy share of nearly 58%.
  • In terms of age group, demand in the senior citizens will continue gaining traction through 2032.
  • Based on packages, Alaskan cruise travelers will continue to opt packaged deals over the normal travel deals.
  • Alaska will have travelers throughout the year but cruising season will have rush in the span from May to September.

Who is winning?

Leading players in the Cruising market are focusing on smart promotional strategies, advertisements, and new packaged deals to improve sales in the market.

Major players present in the Alaskan Cruise Market

  • Holland America Line
  • Carnival Alaskan Cruises
  • Celebrity Alaskan Cruises
  • Norwegian Cruise Line
  • Carnival Cruise Line
  • G Expedition
  • Discerning traveler
  • Trafalgar
  • Quark Expedition
  • Aurora Expedition
  • Cruiser Adio

Alaskan Cruise Market by Category

By Cruise Destinations Type:

  • Juneau
  • Ketchikan
  • Skagway
  • Seward
  • Sitka

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tourist Type:

  • Domestic
  • International

By Tour Type:

  • Independent Traveler
  • Tour Group
  • Package Traveller

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
LinkedInTwitterBlogs | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *