12-08-2016

Asian Cruise Market Sees Record Growth

ACM

Asia's cruise industry is growing at a record pace and shows no signs of slowing down, according to the latest 2016 Asia Cruise Trends study from Cruise Lines International Association (CLIA).

Asian source markets experienced the most growth year over year in ocean cruise passengers with an impressive 24 percent increase from 2014 to 2015 and a total of 2.08 million passengers in 2015, the study found. Asian cruise deployment, capacity and destinations have also shown remarkable growth.

"While we expected Asia to experience record-breaking growth in cruise travel, we are astonished at the rate at which the region is emerging as one of the most significant cruise destinations and cruise source markets in the world,” said Dr. Zinan Liu, Chair of CLIA North Asia. “The Asia Cruise Trends project has again developed extremely valuable data on what is happening in Asian cruising, its current size and recent growth trends.”

“The cruise industry has been nimble and responded quickly to the demand for cruise travel in Asia by delivering cruise ships with amenities and experiences tailored to Asian travelers," said Cindy D’Aoust, President and CEO, CLIA. “Asian cruise travel continues to deliver a growing number of enticing opportunities for international guests to visit Asia's fascinating destinations."

Commissioned by CLIA to further develop an in depth understanding of the quickly evolving cruise marketplace, the 2016 Asia Cruise Trends initiative collected trending data from 31 international and regional cruise lines, representing over 95 percent of Asia cruise ship capacity (excluding one-night cruises).

The number of ocean cruises and voyages offered in the region continues to grow to meet demand with 1,560 sailings scheduled for 2016 alone, a sharp increase of 43 percent when compared to last year. There has also been a significant increase in the number of days cruise ships are in operation, from 4,307 operating days in 2013 to 7,918 in 2016.

This year, 60 ocean cruise ships will sail in Asia versus 43 ships in 2013, 15 percent more ships than the 52 operating in 2015. Of the ships sailing this year, 14 operate year-round while another 12 have extended deployment in Asia.

The capacity to carry passengers continues to grow, surging by 51 percent in 2016. As a result, the overall passenger capacity on ocean cruise ships will reach 3.2 million in 2016.

Cruising in the region includes more than 204 destinations across 17 countries, making traveling by cruise ship one of the easiest ways to see multiple destinations throughout Asia. While the introduction of new ports throughout Asia is great for travelers, it is also great for local economies by bringing more visitors to Asian destinations. Japan is again the biggest destination country with 1,526 port calls in 2016, followed by China (850), South Korea (745), Vietnam (466) Malaysia (422) and Singapore (391). The most visited port in 2016 will be Jeju Island, South Korea (460 calls), closely followed by Shanghai (437), Singapore (391) and Fukuoka (258).

Asian travelers are cruising more than ever before. Asia experienced the most growth year over year in ocean cruise passengers with an impressive 24 percent increase from 2014 to 2015 and a total of 2.08 million ocean cruise passengers in 2015.

From 2012 to 2015, the number of Chinese passengers grew at an annual compounded rate of 66 percent. Growth in 2015 alone was 40 percent. In 2015, 986,000 passengers were from mainland China, representing close to half of the Asian volume, compared to 703,000 in 2014. In both 2014 and 2015, China has been the world's fastest growing major source market.

Asian passengers continue to prefer shorter ocean cruise lengths. In 2015, almost three out of ten (30 percent) Asian passengers continued to choose cruises two to three nights in length and half (50 percent) chose four to six night cruises. Almost a fifth of passengers chose extended cruises with 19 percent of Asian passengers opting for seven to 13 night cruises. As a result, the average length of cruises taken by Asian passengers has increased slightly from 5.2 nights in 2014 to 5.3 nights in 2015.

While Asian outbound tourism is exploding around the world, the study found that Asian cruisers are primarily exploring Asian destinations. More than eight out of ten Asian passengers (84 percent) cruised within Asia. The remaining 16 percent flew to cruise destinations outside the region, primarily in Europe with 74 percent of the international volume, followed by Alaska and the Caribbean. From Japan, 23 percent are traveling outside Asia, along with 30 percent from India. Only 3.6 percent of Chinese travel outside of Asia.

In China, the average age of cruisers is below 43 with about 42 percent of cruise travelers below 40 years old. For the region, the same segment represents 38 percent of all cruisers.

Cruise lines have recognized the need to bring their best ships and amenities to the region. New onboard offerings tailored to the Asian guests include inclusive onboard activities aimed at multi-generational families, high-end shopping, languages, adapted menus to include familiar favorites and regional cuisine, cabin amenities and high-tech features.

Source: Marine Link

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