Singapore: cruises market revenue 2028

The revenue in the 'Cruises' segment of the travel & tourism market in Singapore was forecast to continuously increase between 2024 and 2028 by in total 78.9 million U.S. dollars (+23.42 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 415.8 million U.S. dollars and therefore a new peak in 2028.

Find further information concerning the arpu in the travel & tourism market in Vietnam and the number of users in the travel & tourism market in the world.

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Revenue of the cruise market in Singapore from 2018 to 2028 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Release date

February 2024

More information

Region

Singapore

Survey time period

2018 to 2028

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

A cruise is a multi-day vacation trip on a cruise ship which crosses the sea or large inland waters while calling at different tourist destinations along a certain route. With this kind of ship journey, it is not the aspect of transport that is in the spotlight but the stay aboard the ship as well as visiting the tourist destinations. The Cruises market encompasses exclusively passenger ticket revenues. Onboard and other revenues are not included.

Additional Information:

The main performance indicators of the Cruises market are revenues, average revenue per user (ARPU), users and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues. Users represent the aggregated number of guests. Each user is only counted once per year.

The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. The scope includes domestic and outbound travel.

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