According to a recent market analysis by Future Market Insights (FMI), the Glacier Cruises Market was valued at approximately USD 1.45 billion in 2022. The report predicts a steady growth trajectory, with sales expected to rise at a compound annual growth rate (CAGR) of 3%, bringing the market’s value to an estimated USD 1.95 billion by 2032.
Glacier cruises are becoming increasingly popular among travelers of all ages, with top destinations including Alaska, Canada, Norway, Sweden, Finland, and Iceland. Initially, these cruises catered primarily to seniors from Western countries who had the time and resources for such trips. However, today, the appeal has expanded to families and children, drawn by the stunning natural beauty and unique experiences these cruises offer.
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The millennial generation is particularly drawn to unique and adventurous travel destinations, and glacier cruises often take passengers to remote, pristine locations. These cruises offer exceptional experiences, such as spotting sub-arctic wildlife, taking private plane flights over expansive glacier ranges, and engaging in activities like rafting, ATV tours, and hiking.
Leading cruise companies now offer packages that include charter flights to access the hard-to-reach glacier regions, allowing visitors to fully immerse themselves in the experience. However, the short cruising season and unpredictable weather can pose significant challenges.
A major concern for the glacier cruise industry is global warming, which has led to accelerated glacier melting. This has raised alarm among tour providers and local communities, for whom cruise tourism is a key economic driver. In response, cruise companies are developing innovative technologies and sustainable practices to minimize environmental impact and protect the region’s natural habitats.
Key Takeaways
- By booking channel, the online booking segment is anticipated to hold a noteworthy share of nearly ~80%.
- In terms of age group, demand in the age group from 46-55 years and 56-65 years will continue gaining traction through 2032.
- Based on packages, Glacier cruise travelers will continue to opt packaged deals over the normal travel deals.
- Glaciers will have rush in the span from spring to autumn i.e. May to September.
Competitive Landscape
Glacier tour providers are introducing enticing packages to attract travelers, featuring a mix of adventure, sports, and nature-based experiences. These deals often include activities such as whale watching, rafting, ATV tours, and hiking, appealing to a wide range of age groups. Additionally, some companies are launching new ships that sail along uncharted routes, allowing guests to explore the more remote and untouched regions of the glaciers.
For instance
Carnival cruises are providing packages at exciting discounts to uplift the cruising in glaciers. These packages include various adventure activities like whale watching, hiking, etc. which interests the travellers along with the world-class cuisine provided on board.
Key Companies Profiled
Princess Cruises
MSC Cruises Company
Silversea Cruises
Star Clippers
Carnival Cruises
Celebrity Cruises
G Expedition
Discerning traveler
Trafalgar
Quark Expedition
Aurora Expedition
Cruiser Adio
Glacier Cruise Market by Category
By Cruise Destinations:
- Alaska
- Canada
- Antarctica
- Greenland
- Others
By Booking Channel:
- Phone Booking
- Online Booking
- In Person Booking
By Tourist Type:
- Domestic
- International
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 56-65 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.
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