China is projected to become the second largest cruise market globally, by 2017, surpassing the United States. Leading players in the industry which have traditionally only deployed older ships to Asia are now recognizing China as an important market and moving new ships there.
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In 2012, the five cities in China with international cruise ship ports received approximately 280 vessels and 660,000 passengers, among which Shanghai accounted for over 50% of the incoming passengers. While China's large population, good weather and attractive islands present an opportunity to the industry, the fact that the concept of cruising is still nascent to the Chinese presents a challenge.
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The report ""Assessment of China's Cruise Market 2014-2017” highlights key dynamics of China's growing beer market. The growing opportunity in the sector has been investigated. The initiatives and performance of key players including Carnival Cruise Lines, Royal Caribbean Cruises, Starcruises, Bohai Ferry Company and HNA Tourism Holding (Group) Company along with current market scenario has also been examined. The report contains latest industry leaders verbatim.
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Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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