The Australia cruise market size reached USD 215.22 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 568.50 Million by 2033, exhibiting a growth rate (CAGR) of 10.20% during 2025-2033. The market is driven by rising disposable incomes, increased interest in domestic and international cruise tourism, expanding cruise infrastructure, and enhanced offerings in luxury and expedition cruises.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 215.22 Million |
Market Forecast in 2033 | USD 568.50 Million |
Market Growth Rate 2025-2033 | 10.20% |
Rising Demand for Domestic Cruises
A combination of shifting travel patterns and a strong desire for local vacation experiences is driving up demand for domestic cruises in Australia. Particularly in the aftermath of the pandemic, Australians are opting for local cruises in order to experience coastal areas without having to deal with the inconveniences of international travel. From 2022–2023 to 2023–2024, the total economic output from cruise tourism grew by a significant 49.7%, from $5.6 billion to $8.4 billion. This increase is the consequence of a strong recovery in cruise activity, which has increased expenditure by cruise lines as well as by passengers and crew. In addition, there were around 75 cruise ships in operation, reflecting a 27.1% increase in the number of cruise ships visiting Australian ports. Passenger capacity increased by 25.8% to 88,454, while crew capacity rose by 29.9% to 40,829, showing a positive outlook for market growth. Aside from that, the flexibility of domestic routes and easy access from major ports like Sydney, Melbourne, and Brisbane are key drivers of this expansion. For example, Victoria's cruise industry continues to expand, with a total economic output of $637 million due to increased cruise ship voyages across the state.
Luxury and Expedition Cruises Gaining Popularity
In Australia, wealthy tourists looking for immersive, one-of-a-kind experiences that provide more individualized services and access to less-visited locations are driving a noticeable trend towards luxury and expedition cruises. With travelers placing a greater value on upscale facilities, unique experiences, and customized itineraries that provide more adventure and cultural insights, this trend is greatly expanding the cruise industry. Since 2010, the number of new luxury ships produced every five years has increased by 30%, indicating a boom in the luxury cruise market, according to the Cruise Lines International Association (CLIA). By 2028, around 100 new luxury ships are anticipated. In addition, expedition cruising has had strong growth, increasing by 70% since 2019. For instance, reservations for 2024 by Cunard rose 23% in 2023, breaking its record year bookings. Relative to 2023, the cruise company had 73,000 more passengers from January through October. In addition, 36% of cruise passengers are younger than 40, and the average cruiser is currently 46, representing a shift toward younger markets. To appeal to this demographic, cruise companies are experimenting with more athletic activities (hiking, kayaking), which is driving market expansion. Furthermore, eco-conscious tourists find luxury cruises' emphasis on sustainability appealing, which supports the market's expansion.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type and region.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes ocean and river cruises.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Types Covered | Ocean Cruises, River Cruises |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: