China is soon expected to become the largest global cruise market, according to the head of the world's largest cruise company.

Carnival Corp & Plc Chief Executive Officer Arnold Donald told China Daily that China will become the dominant market despite the fact it is currently smaller than established markets such as North America and Europe.

"The Chinese market is small today," said Donald. "But it will grow quickly." He said Carnival's cruise capacity in China is expected to grow by 140 percent from 2013 to 2015.