Market Size of Cruise Logistics Industry
Study Period | 2020 - 2029 |
Market Size (2024) | USD 660.87 Million |
Market Size (2029) | USD 939.10 Million |
CAGR (2024 - 2029) | 7.15 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Cruise Logistics Market Analysis
The Cruise Logistics Market size is estimated at USD 660.87 million in 2024, and is expected to reach USD 939.10 million by 2029, growing at a CAGR of 7.15% during the forecast period (2024-2029).
The shift toward greener cruise operations, featuring eco-friendly supplies and sustainable fuel options, requires logistics providers to adapt to new environmental regulations and standards. In Sweden, the cruise market increasingly emphasizes sustainability, with companies prioritizing eco-friendly choices and promoting responsible tourism.
Since the beginning of 2023, Ports of Stockholm has transitioned its work vehicles to biodiesel (HVO100) instead of Mk1 diesel, reducing fossil carbon dioxide emissions by approximately 200 tonnes annually. The aim is to make Ports of Stockholm’s operations fossil-free by 2030. Additionally, starting in July 2024, cruise lines are encouraged to segregate and manage at least three types of waste: plastics, paper, and metal.
Various initiatives are in place to minimize waste production on cruise ships. For instance, Costa Crociere’s 4GOODFOOD program targets halving food waste on its ships in line with the UN’s Sustainable Development Agenda goal of reducing food waste by 50% by 2030, now implemented across eight EU destinations.
Effective food waste reduction on cruise ships requires precise logistics management, advanced cold chain logistics, better packaging solutions, and optimized delivery schedules to ensure food quality and minimize spoilage during transport and storage. This shift toward sustainability addresses ecological concerns and fosters a more resilient and forward-thinking approach within the cruise logistics industry.