The Cruise Industry in 2025: Growth, Transformation, and Strategic Insights by NFC - Nuno Fonseca Consulting Cruise Industry Year in Review The global cruise industry continues its post-pandemic recovery with strong growth in passenger volumes, fleet expansion, and new commercial innovations. In 2025, the industry carried  ~37.7 million passengers , up from 34.6 million in 2024. Fleet capacity expanded with  310+ ships in operation , 13 new deliveries this year, and 56 ships