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The river cruises market  to amass a revenue of around US$ 1.71 billion by 2032, up from US$ 1.45 billion in 2022 moving forward with a CAGR of 2% during the forecast period (2022-2032).

River cruises is now a major tourist industry in different parts of the world. In a river cruise, the ship is smaller and carriers fewer people than in an ocean liner. Also, since the river cruiser is smaller, these type of ships can travel in a river and in shallow waters and gives the traveller a chance to explore vibrating cities and laid back towns and villages, and also go in unexplored areas where large ships cannot go.

River cruises as an industry is flourishing in Europe, United States, South East Asia, and Africa. Some popular locations on river cruises include London, Paris, Amsterdam, Budapest, Bangkok, Singapore, Ho Chi Minh City, New York, San Antonio, Luxor and Cairo.

River Cruises: Drivers and Restraints 

Most river cruises give the luxury of unpacking only once and then the traveller is all set to enjoy the sights and sounds of their river cruise.

River cruises are relaxing, giving the traveller a reprieve from the fast paced urban life and offer great food and great chances of exploring interesting cities, towns and villages that large ships cannot go to because of size limitations. These are some of the drivers that are boosting the river cruises industry worldwide.

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However, the traveller must remember that once in a river cruise, the traveller will have to follow the schedule set by the organisers. If the traveller finds one place more interesting, they cannot stay at that place longer, because the river cruiser has to leave the said port. In addition, some of the river cruises are only meant for adults and they are not meant for children. This limits the adoption of river cruises as a vacation option.

River Cruises: Description  

Since river cruise ships tend to be smaller than the ocean cruisers, the travelling experience in river cruisers can be intimate and travelling in some of these cruisers can be really fun.

There is no mad rush to get back to the hotel, as the hotel is always a walk away on the river bank. Also, you have to unpack only once, since you don’t need to change your hotel room always when you are in a different city or a town, the ship is always nearby.

However, the traveller must keep in mind that river cruises are a rather subdued affair as compared to life in an ocean liner where you can dine in different restaurants every night or spend the whole night in a casino. In contrast, since the river cruisers are smaller, the experience on board one is far more intimate and relaxed. Also, unlike an ocean cruise, land is always in sight in a river cruise and the traveller isn’t at a risk of getting motion sickness.

The biggest advantage while on a river cruise is that the traveller doesn’t need to plan each and every step of the travel, since once you book a river cruise, everything is taken care of and the traveller just has to follow the schedule of the river cruiser. Also, since the size of the river cruiser is much smaller, the traveller gets to know each and every one in their group as the number of people travelling together is far lesser.

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This leads to a first-hand experience to know different travellers from different walks of life and there is an advantage of getting personalised service from the crew of the river cruiser. Due to all these advantages and the lure of an intimate and a laid back holiday, many travellers are getting attracted to river cruises and such cruises are getting more and more popular.

This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.

Key Segments Profiled in the River Cruises Market Survey

By Type:

• Onboard facilities
• Passenger tickets

By Age Group:

• 15-25 Years
• 26-35 Years
• 36-45 Years
• 46-55 Years
• 56-65 Years
• 66-75 Years

By Customer Orientation:

• Male
• Female
• Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global singapore tourism market is estimated to garner a revenue of US$ 27 billion in 2022, surpassing US$ 39.9 billion by 2032, advancing at a CAGR of 4% during the forecast period (2022-2032).

The Singapore tourism market trends and forecast is likely to improve as businesses test-bed sustainable tourism products and experiences owing to its progressive & transparent regulatory environment and strong intellectual property protection.

The thriving public and private ecosystem in this area is another asset that is anticipated to enable productive partnerships for companies and employees to expand their capabilities as well as Singapore tourism market share.

In a country that has the world’s lowest crime rates, the tourism in Singapore is a major industry and contributor to the country’s economy.

According to the Travel and Tourism Competitiveness report 2015, Singapore’s international openness, business environment and travel and tourism policy bestowed it with the 11th rank out of 141 countries. Singapore is safe and environmentally friendly and also preserves natural and heritage conservation programs.

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Singapore’s public transport system is one of the most convenient transport services across the globe. It has a well-known Mass Rapid Transit (MRT) transportation system that is extremely convenient for tourists. Fine dining, nature sight-seeing, cultural and historical landmarks, island resorts and several shopping belts are the main tourist attractions in Singapore.

Singapore Tourism: Sector Forecast and Spend Analysis – Drivers and Restraints

The Singapore government’s initiative in branding the country’s story has deeper roots in its cultural and historical identity. Such brand stories are giving wider scope to appeal to the more demanding consumers. This factor is particularly creating promising growth in the tourism sector in Singapore.

Another notable effort by the Singapore government includes targeting the right tourists – working millennials who include young single tourists or couples who are employed, families with kids, senior citizens, and business travellers. This is creating robust development in the growth of Singapore tourism. Apart from governmental initiatives there are various other factors that are creating robust development in the country’s tourism sector.

Singapore is safe, clean and efficient. It is one of the safest cities because of its stringent laws. There are no religious or racial tensions. More importantly citizens of Singapore can communicate in English, and tourists therefore do not have to face any language barriers. All these factors are attracting a large number of tourists and as a result, tourism is growing at a very fast rate in Singapore. However, there are few things that are restricting tourists from visiting Singapore.

One of the main restraints is the cost factor. Singapore is very expensive. Compared to other Asian countries, hotels, shopping, taxis and eating is very expensive in Singapore. Tourists also feel that the beaches in Singapore are not happening as in Australia. These factors are hampering the growth of the Singapore tourism industry.

Singapore Tourism: Spend Analysis

According to the World Travel and Tourism Council (WTTC), travel and tourism generated a total impact of $US 66 billion of Singapore’s GDP in 2014. The total impact of the travel and tourism sector on the GDP is greater than other sectors such as retail, banking, manufacturing, and automotive. Travel and tourism is a significant source of export revenue for Singapore.

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According to the WTTC, money spent by foreign visitors to a country is a key component of the direct contribution of travel and tourism. In 2014, Singapore generated SGD 23.9 billion in visitor exports

Also, spending on leisure travelling generated 51.0% of the travel and tourism GDP in 2014 (SGD17.6bn). This particular spending is expected to rise by 2.4% pa to SGD 22.6 billion in 2025. Domestic travel spending generated 30.7% of direct Travel & Tourism GDP in 2014 and is expected to grow by 3.0% in 2015 to SGD 10.9 billion, and rise by 3.1% pa to SGD 14.8 billion in 2025.

 According to the Singapore Tourism Board, fashion and accessories remained the most popular shopping item in terms of amount spent and popularity. Cosmetics, food items, consumer technology, souvenir and gifts, genuine jewellery and watches and clocks are the other items being shopped for.

This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.

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The market for male colour cosmetics is predicted to expand to US$ 38.41 billion by 2029, with a very high CAGR of 13.9 percent.

Approximately 4% to 8% of the worldwide cosmetics market is currently occupied by male colour cosmetics. Men are using cosmetics more frequently than women do, which is boosting demand in the global market for male colour cosmetics.

Globally, rising internet penetration and adoption of e-commerce are the factors expected to fuel the revenue growth of global male colour cosmetics market, owing to growing number of customers using digital technology for mobile transactions and purchasing various products through online platform.

In order to capitalize on millennial that are tech-savvy, companies in male colour cosmetics market are engaged with consumers through the use of social media and other digital avenues to advertise their products and increase the market share via online sales revenue.

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Increasing online sales and use of e-commerce for selling FMCG products in North America, East Asia, and South Asia has led to surge the growth of B2C business in the consumer goods sector. Over the years, consumers’ behaviour has drastically changed and are more inclined towards researching about products online and purchasing various products such as men lips sticks, men foundation creams, and other products through e-commerce.

Key Takeaways from the Male Colour Cosmetics Market Study

• According to the report, key market players are likely to focus on the product penetration Latin America and South Asia. Manufacturers of male colour cosmetics are shifting their focus toward natural and organic ingredient in the products. Increasing awareness coupled with look conscious behaviours of men with regard to men’s colour cosmetics is one of the major reasons for men to opt for natural and organic products. To target this untapped group, companies are developing novel products with natural ingredients, which in turn is expected to boost the demand for male colour cosmetics in the near future. Moreover, product advertisement related to customer sentiments is the key strategy adopted by male colour cosmetics companies.
• The Latin America is forecasted to witness high growth rates due to increasing company’s penetration in the region and increasing product awareness among men in the region. Strengthening sales channels in the Latin America and Middle East & Africa is anticipated to create significant expansion opportunities for players in the global male colour cosmetics market.
• E-commerce sales channel is estimated to generate high revenue in the forecasted years for the male colour cosmetics market owing to increasing internet usage among consumers.

Celebrity Endorsement to Inspire Consumer’s Buying Behaviour

An emerging trend in the male colour cosmetics market is the increasing number of key players appointing various celebrities from the field of sports and films to endorse their products, with an objective to influence consumers to adopt the same.

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For instance, David Beckham & L’Oréal has entered into a partnership for male product promotion under the brand ‘HOUSE 99’.  The brand is engaged in offering Natural Bronzing Effect Moisturising Gel.

Who is winning?

Some of the key players operating in the male colour cosmetics market are as L’oreal, War Paint, Koh Gen Do, Calven Klein, 4VOO, Glossier Inc., Guerlain, Hourglass, Formen Inc., Mens MakeUp, Menaji Worldwide LLC, Chanel and others

Several leading market players are engaged in partnership with other stakeholders to increase their product offering across the world. Moreover, companies are engaged in product innovation, launches, and advertisement on social networks to promote their products.

• In 2018, Chanel launched its first make-up line for men, ‘Boy De Chanel’. The product launch comprises of an eyebrow pencil, a foundation and other products.

Key Segments of Male Colour Cosmetics Industry Survey

Male Colour Cosmetics Market by Product:

• Lip Products
• Face Products
  • BB Creams
  • CC Creams
  • Concealers
  • Blotting Powders
  • Beard Colour Sticks/Pens
  • Face Foundations
• Eye Products
  • Under Eye Concealers
  • Kohl
  • Eyeliners
  • Eyebrow Pencils
• Other Products

Male Colour Cosmetics Market by End User:

• Individual Products
• Commercial Products

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Male Colour Cosmetics Market by Nature:

• Natural/Organic Colour Cosmetics
• Synthetic Colour Cosmetics

Male Colour Cosmetics Market by Price Range:

• Premium Colour Cosmetics
• Mass Colour Cosmetics

Male Colour Cosmetics Market by Sales Channel:

• Hypermarkets/Supermarkets
• Speciality Stores
• Drug Stores
• Online Retail
• Department Stores
• Beauty Stores
• Multi-brand Stores
• Direct Sales

Male Colour Cosmetics Market by Region:

• North America Male Colour Cosmetics Market
• Latin America Male Colour Cosmetics Market
• Europe Male Colour Cosmetics Market
• East Asia Male Colour Cosmetics Market
• South Asia & Pacific Male Colour Cosmetics Market
• Middle East & Africa (MEA) Male Colour Cosmetics Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The hotel channel management market to reach at US$ 1483 million by 2032, up from US$ 687 million in 2022, advancing at a CAGR of 8% from 2022 to 2032.

Hotel channel management is an integral part of the multibillion dollar hospitality industry. The entire process of hotel channel management is benefitting the hotel industry in several ways. The added technological edge is broadening the periphery of hotel chains that are spreading across the world. The global hotel industry will continue to grow in the forthcoming years.

The boom of the internet, the emergence of a new crop of tech-savvy travellers around the world, and the mushrooming of new travel destinations is building up the base of the global hotel and tourism industry. The all-inclusive surge of the hotel and tourism industry is impacting the rise of hotel channel management.

Regions such as Asia Pacific and Europe have been the cradle of hospitality and tourism and this sector is rocketing steadily with growing tourism destinations popularising the use of hotel channel management. The tourism sector in Middle Eastern countries is comparatively new.

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Tourism in the African region is witnessing a massive footfall of tourists throughout the year and private players are shelling out massive funds to change the ecosystem of the hotel and tourism industry through hotel channel management.

Hotel channel management is preferred by the new breed of millennial travellers who are populating most of the high-end hotels and tourist destinations across the world. The enhancement of mobile app-based travel management will buckle up the growth of hotel channel management in the coming years.

In the last few years, hotel channel management has grown manifold; the tool is not only user friendly but it also ushers significant change in the revenue structure of hotels. There are a plethora of hotel channel management tools available in the global market; however, users often complain about their below-par performance. Some of the tools are extremely tricky to use and do not provide the desired results.

The dissatisfaction levels amongst hoteliers is soaring and this is further fuelling the growth and adoption of hotel channel management.

Hotel Channel Management: The Game Changers

Hotel channel management has evolved with time. The hotel channel management system has helped rehash the entire hotel booking system through a smart and transparent process.

Hotel bookings are made easy and convenient as long email chains are no longer the way to book a suave room. Through hotel channel management a two-way communication channel can be established that can further help hoteliers understand market trends and easily gauge their market performance.

Hotel channel management also enables customers to get a clear idea about room tariffs and availability of accommodation. Hotel channel management has redefined the service levels of the hotels and created a global and customer-friendly climate in the market. New and advanced cloud-based hotel management systems are a recent addition, helping enhance the outreach of hotel channel management.

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The army of app-savvy wanderers is adding fodder to the growth of the hotel channel management system. A revamped marketing outreach and better customer management policies laid down by several hotels are also promoting the overall sale of hotel channel management tools.

The availability of real-time hotel room tariffs, room patterns and availability is luring more customers and the usage and acceptance of hotel channel management is surging in the hotel and tourism market.

Hotel Channel Management: Restraints

The emergence of hotel channel management is complimenting the growth and development of the entire hospitality industry. Hotel channel management is a potboiler in the tourism industry and some of the prime luxury properties are using this route to reach their targeted customer base.

However, the sudden upsurge of extremist activities has dampened the growth of the tourism and hospitality industry. A slow movement of tourists in the extremity zones in high risk countries has restricted the adoption of hotel channel management.

Hotel Channel Management: Bigwigs

There is a slew of hotel channel management tools available in the market. Some are third party platforms used by small and medium sized hotels and motels for bookings and room management. Most of the industry leaders use their own tailor-made tools for hotel channel management. Here is a list of few of the key software that are working well in this segment today – Hotelogix, ParTech, WebRezPro, RezOvation.

This comprehensive report equips readers with lucid information and analysis on the sector. Future Market Insights’ experienced travel and tourism analysts bring to you accurate and unbiased information to help you make crucial decisions with confidence.

• Trends that will impact the sector in the short- and long-term
• Deeper understanding of the target audience, their motivations, aspirations, and expectations from service providers

Key Segments Profiled in the Hotel Channel Management Market Survey

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The hong kong tourism market to stands at US$ 16 billion as on 2022, is projected to grow at a CAGR of 10%, and the valuation is expected to go up to US$ 41.50 billion in 2032.

The tourism industry is a major contributor to the economy of Hong Kong. Since 2014, growth of tourists from China has decreased, due to which the Hong Kong tourism industry is facing a slowdown.

Also, competition is increasing from destinations such as Europe and Japan, which are frequented by Chinese tourists. However, the government in Hong Kong is taking measures to develop more tourist attractions, thus making Hong Kong one of the most popular tourist destinations.

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Hong Kong Tourism: Drivers and Restraints

Tourists from China constituted the largest group of visitors to the Hong Kong Special Administrative region. This is both a driver and a restraint to the Hong Kong tourism market. Chinese visitors come to the Hong Kong region in order to enjoy the duty free shopping and travel in a world class infrastructure and having not to face the language or other cultural shocks that they may face while travelling in a western country.

However, visitors from China to Hong Kong have been declining since a couple of years due to the recent unrest in the Hong Kong Special Administrative Region for self-rule and tensions with the Chinese population. This unrest has taken its toll on the tourist numbers from the China region.

However, the reputation of Hong Kong as an international financial centre and a preferred destination for regional conferences and conventions has the potential to rebound the negative fall back of the declining tourists from the China region.

Hong Kong Tourism: Spend Analysis

As per the figures released by the World Travel and Tourism Council, in the year 2014, the direct contribution of travel and tourism to the GDP of Hong Kong stood at HKD 204.6 Bn that comprised 9.1% of the total GDP of the region, and this is likely to show an increase by 3.5% per annum during the 10-year period of 2015-2025 and reach a figure of HKD 293.2 Bn – and this will comprise 9.5% of the total GDP of Hong Kong in the year 2025.

As per the same source, in the year 2014, visitor exports generated an amount of HKD 366.6 Bn that comprised 7.5% of the total exports of Hong Kong. Visitor exports are forecasted to increase by 3.6% per annum during the 10-year period of 2015-2025 and reach a figure of HKD 527.8 Bn in the year 2025 and this will comprise 6.6% of the total exports of Hong Kong.

As per the figures released by the Tourism Commission – The Government of Hong Kong Special Administrative Region in the year 2015, a total number of 59.3 million international tourists were received by Hong Kong that represented a decline of 2.5% over the figures of the year 2014.

In the year 2015, China continued to be the source of the largest foreign tourist market, with over 40 million arrivals that accounted for over 75% of the total foreign tourists’ arrival. This represented a decline of 3% over the corresponding figures of the year 2014.

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The overnight visitor per capita spending in the year 2015 amounted to HKD 7234, which represented a decline of 9.1% from the corresponding visitor per capita spending in the year 2014. Average length of stay of overnight visitors was 3.3 nights in the year 2015, which remained the same for the year 2014 as well.

Key Segments Profiled in the Hong Kong Tourism Market Survey

By Booking Channel:

• Phone booking
• Online booking
• In person booking

By Consumer Orientation:

• Men
• Women
• Children

By Age group:

• 15-25 years
• 26-35 years
• 36-45 years
• 46-55 years
• 56-65 years
• 66-75 years

By Tour type:

• Independent traveller
• Tour Group
• Package Traveller

By Tourist Type:

• Domestic
• International

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global indigenous tourism market to garner a revenue of around US$ surpassing US$ 65.16 billion by 2032, up from US$ 40 billion in 2022 with a CAGR of 4% during the forecast period (2022-2032).

The size of the indigenous tourism market is growing as more visitors go to indigenous sites and engage in cultural tourism activities like seeing a fish wheel and discovering the current significance of salmon to the locals.

Native American-owned hotels, wineries, resorts, restaurants, museums, and interpretive centres are a few such examples that are boosting the demand for indigenous tourism.

Since indigenous tourism is currently one of the fastest expanding segments of the sector and offers employment prospects, it is becoming increasingly popular.

The cultural diversity and knowledge of indigenous peoples can provide innovative experiences and new indigenous tourism market opportunities for businesses and local communities.

It has come to light that indigenous tourism has developed into a significant “getaway” that has helped people find their true purpose in life by upholding a desirable work-life balance.

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What are Some of the Factors Driving the Indigenous Tourism Market?

A desire for greater cultural understanding is one of the biggest drivers of the demand for indigenous tourism.

The relations between white settler European populations and the natives of North America and Australia were never very harmonious from the 16th century all the way up to the 20th century.

Hence, in the 21st century, there is a noted increase in the number of individuals wanting to understand the customs, traditions, and way of life of the indigenous people, in turn, fuelling the adoption of indigenous tourism.

The second factor scaling up the adoption of indigenous tourism could be the government encouragement.

What are Some of the Factors Hampering the Indigenous Tourism Market?

As per the indigenous tourism market analysis by FMI, there are some challenges faced by the indigenous tourism sector today and a major one is inadequate government funding.

While governments of countries like the U.S, Canada, Australia and New Zealand have recognised the importance of their indigenous people and have pledged to support them, it is not enough at the present time.

Who is Winning?

Indigenous tours WA, Indigenous tours & charters, Aboriginal Australia Tours, Broome visitor centre, Lomdadina indigenous tours, Indigenous Walks, Indegeno Travel, GA Adventures, Voyages Indegeneous Tourism Australia, Destination British Columbia, Sumak Travel

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Key Segments

By Traveller:

• Solo
• Group

By Activity Type:

• Festivals
• Rituals

By Tourism Theme:

• Ethnic Food Items
• Herbal Medicines
• Handicrafts

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Future Market Insights,
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Jumeirah Bay 2
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For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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