How big is the Travel market?

The travel market size is estimated to grow at $$ 2860.2 bn in 2024-2028. <a href='https://www.technavio.com/report/travel-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Travel market share?

Market segmentation by sector (Transportation, Hotel, Travel activities, South America, and MEA), type (Leisure, Business, North America, South America, and MEA), and geography (APAC, Europe, .... <a href='https://www.technavio.com/report/travel-market-industry-analysis'>Read More</a>

Who are the key players in the Travel market?

Accor S.A., American Express Global Business Travel GBT, Balkan Holidays Ltd., BCD Travel Services BV, Booking Holdings Inc., Carlson Inc., Corporate Travel Management Ltd., .... <a href='https://www.technavio.com/report/travel-market-industry-analysis'>Read More</a>

What are the factors driving the Travel market?

The key factors driving the travel market growth are: Growing popularity of experiential travel Increasing international tourist footfall . <a href='https://www.technavio.com/report/travel-market-industry-analysis'>Read More</a>

Travel Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, France, Japan, UK - Size and Forecast 2024-2028

Published: Dec 2024
Pages: 164
SKU: IRTNTR71431

Enjoy complimentary customisation on priority with our Enterprise License!

Travel Market Size 2024-2028

The travel market size is forecast to increase by USD 2.86 billion at a CAGR of 11.1% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. One trend is the increasing preference for experiential and luxury travel, as tourists seek unique and authentic experiences rather than traditional sightseeing. Another growth factor is the rising international tourist footfall, particularly from emerging economies, due to the rise of adventure tourism.
However, the market faces challenges, including the threat from growing terrorism and geopolitical instability, which can deter travelers and impact tourism revenue. Additionally, the industry must adapt to changing consumer preferences and technological advancements to remain competitive. Overall, the market is expected to continue its growth trajectory, offering numerous opportunities for industry players.

What will be the Size of the Travel Market During the Forecast Period?

Request Free Sample

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Sector
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value chain analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Travel Market 2018 - 2022
- Historic Market Size - Data Table on Global Travel Market 2018 - 2022 ($ billion)

4.2 Sector segment analysis 2018 - 2022
- Historic Market Size - Sector Segment 2018 - 2022 ($ billion)

4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Sector

6.1 Market segments
- Chart on Sector - Market share 2023-2028 (%)
- Data Table on Sector - Market share 2023-2028 (%)

6.2 Comparison by Sector
- Chart on Comparison by Sector
- Data Table on Comparison by Sector

6.3 Transportation - Market size and forecast 2023-2028
- Chart on Transportation - Market size and forecast 2023-2028 ($ billion)
- Data Table on Transportation - Market size and forecast 2023-2028 ($ billion)
- Chart on Transportation - Year-over-year growth 2023-2028 (%)
- Data Table on Transportation - Year-over-year growth 2023-2028 (%)

6.4 Hotel - Market size and forecast 2023-2028
- Chart on Hotel - Market size and forecast 2023-2028 ($ billion)
- Data Table on Hotel - Market size and forecast 2023-2028 ($ billion)
- Chart on Hotel - Year-over-year growth 2023-2028 (%)
- Data Table on Hotel - Year-over-year growth 2023-2028 (%)

6.5 Travel activities - Market size and forecast 2023-2028
- Chart on Travel activities - Market size and forecast 2023-2028 ($ billion)
- Data Table on Travel activities - Market size and forecast 2023-2028 ($ billion)
- Chart on Travel activities - Year-over-year growth 2023-2028 (%)
- Data Table on Travel activities - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Sector
- Market opportunity by Sector ($ billion)
- Data Table on Market opportunity by Sector ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

7.3 Leisure - Market size and forecast 2023-2028
- Chart on Leisure - Market size and forecast 2023-2028 ($ billion)
- Data Table on Leisure - Market size and forecast 2023-2028 ($ billion)
- Chart on Leisure - Year-over-year growth 2023-2028 (%)
- Data Table on Leisure - Year-over-year growth 2023-2028 (%)

7.4 Business - Market size and forecast 2023-2028
- Chart on Business - Market size and forecast 2023-2028 ($ billion)
- Data Table on Business - Market size and forecast 2023-2028 ($ billion)
- Chart on Business - Year-over-year growth 2023-2028 (%)
- Data Table on Business - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Market Segmentation by Tour

8.1 Market segments
- Chart on Tour - Market share (2023-2028) (%)
- Data Table on Tour - Market share (2023-2028) (%)

8.2 Comparison by Tour
- Chart on Comparison by Tour
- Data Table on Comparison by Tour

8.3 Customized & Private Vacations - Market size and forecast (2023-2028)
- Chart on Customized & Private Vacations - Market size and forecast (2023-2028) ($ million)
- Data Table on Customized & Private Vacations - Market size and forecast (2023-2028) ($ million)
- Chart on Customized & Private Vacations - Year-over-year growth (2023-2028) (%)
- Data Table on Customized & Private Vacations - Year-over-year growth (2023-2028) (%)

8.4 Safari & Adventure - Market size and forecast (2023-2028)
- Chart on Safari & Adventure - Market size and forecast (2023-2028) ($ million)
- Data Table on Safari & Adventure - Market size and forecast (2023-2028) ($ million)
- Chart on Safari & Adventure - Year-over-year growth (2023-2028) (%)
- Data Table on Safari & Adventure - Year-over-year growth (2023-2028) (%)

8.5 Cruises, Yachting & Small Ship Expeditions - Market size and forecast (2023-2028)
- Chart on Cruises, Yachting & Small Ship Expeditions - Market size and forecast (2023-2028) ($ million)
- Data Table on Cruises, Yachting & Small Ship Expeditions - Market size and forecast (2023-2028) ($ million)
- Chart on Cruises, Yachting & Small Ship Expeditions - Year-over-year growth (2023-2028) (%)
- Data Table on Cruises, Yachting & Small Ship Expeditions - Year-over-year growth (2023-2028) (%)

8.6 \Celebration Journeys - Market size and forecast (2023-2028)
- Chart on \Celebration Journeys - Market size and forecast (2023-2028) ($ million)
- Data Table on \Celebration Journeys - Market size and forecast (2023-2028) ($ million)
- Chart on \Celebration Journeys - Year-over-year growth (2023-2028) (%)
- Data Table on \Celebration Journeys - Year-over-year growth (2023-2028) (%)

8.7 Culinary Travel & Shopping - Market size and forecast (2023-2028)
- Chart on Culinary Travel & Shopping - Market size and forecast (2023-2028) ($ million)
- Data Table on Culinary Travel & Shopping - Market size and forecast (2023-2028) ($ million)
- Chart on Culinary Travel & Shopping - Year-over-year growth (2023-2028) (%)
- Data Table on Culinary Travel & Shopping - Year-over-year growth (2023-2028) (%)

8.8 Luxury Trains - Market size and forecast (2023-2028)
- Chart on Luxury Trains - Market size and forecast (2023-2028) ($ million)
- Data Table on Luxury Trains - Market size and forecast (2023-2028) ($ million)
- Chart on Luxury Trains - Year-over-year growth (2023-2028) (%)
- Data Table on Luxury Trains - Year-over-year growth (2023-2028) (%)

8.9 Market opportunity by Tour
- Market opportunity by $segment_name ($ million)
- Data Table on Market opportunity by $segment_name ($ million)

9 Market Segmentation by Age

9.1 Market segments
- Chart on Age - Market share (2023-2028) (%)
- Data Table on Age - Market share (2023-2028) (%)

9.2 Comparison by Age
- Chart on Comparison by Age
- Data Table on Comparison by Age

21 – 30 Years - Market size and forecast (2023-2028)
- Chart on 21 – 30 Years - Market size and forecast (2023-2028) ($ million)
- Data Table on 21 – 30 Years - Market size and forecast (2023-2028) ($ million)
- Chart on 21 – 30 Years - Year-over-year growth (2023-2028) (%)
- Data Table on 21 – 30 Years - Year-over-year growth (2023-2028) (%)

31 – 40 Years - Market size and forecast (2023-2028)
- Chart on 31 – 40 Years - Market size and forecast (2023-2028) ($ million)
- Data Table on 31 – 40 Years - Market size and forecast (2023-2028) ($ million)
- Chart on 31 – 40 Years - Year-over-year growth (2023-2028) (%)
- Data Table on 31 – 40 Years - Year-over-year growth (2023-2028) (%)

41 – 60 Years - Market size and forecast (2023-2028)
- Chart on 41 – 60 Years - Market size and forecast (2023-2028) ($ million)
- Data Table on 41 – 60 Years - Market size and forecast (2023-2028) ($ million)
- Chart on 41 – 60 Years - Year-over-year growth (2023-2028) (%)
- Data Table on 41 – 60 Years - Year-over-year growth (2023-2028) (%)

60 And Above - Market size and forecast (2023-2028)
- Chart on 60 And Above - Market size and forecast (2023-2028) ($ million)
- Data Table on 60 And Above - Market size and forecast (2023-2028) ($ million)
- Chart on 60 And Above - Year-over-year growth (2023-2028) (%)
- Data Table on 60 And Above - Year-over-year growth (2023-2028) (%)

9.7 Market opportunity by Age
- Market opportunity by $segment_name ($ million)
- Data Table on Market opportunity by $segment_name ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

11.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

11.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

11.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

11.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

11.10 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)

11.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

11.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)

11.13 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers

12.2 Market challenges

12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview

13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

13.3 Landscape disruption
- Overview on factors of disruption

13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered

14.2 Market positioning of companies
- Matrix on companies position and classification

14.3 American Express Global Business Travel GBT
- American Express Global Business Travel GBT - Overview
- American Express Global Business Travel GBT - Product / Service
- American Express Global Business Travel GBT - Key offerings

14.4 BCD Travel Services BV
- BCD Travel Services BV - Overview
- BCD Travel Services BV - Product / Service
- BCD Travel Services BV - Key offerings

14.5 Booking Holdings Inc.
- Booking Holdings Inc. - Overview
- Booking Holdings Inc. - Product / Service
- Booking Holdings Inc. - Key offerings

14.6 Carlson Inc.
- Carlson Inc. - Overview
- Carlson Inc. - Product / Service
- Carlson Inc. - Key offerings

14.7 Corporate Travel Management Ltd.
- Corporate Travel Management Ltd. - Overview
- Corporate Travel Management Ltd. - Product / Service
- Corporate Travel Management Ltd. - Key offerings

14.8 Expedia Group Inc.
- Expedia Group Inc. - Overview
- Expedia Group Inc. - Business segments
- Expedia Group Inc. - Key offerings
- Expedia Group Inc. - Segment focus

14.9 Fareportal Inc.
- Fareportal Inc. - Overview
- Fareportal Inc. - Product / Service
- Fareportal Inc. - Key offerings

14.10 Flight Centre Travel Group Ltd.
- Flight Centre Travel Group Ltd. - Overview
- Flight Centre Travel Group Ltd. - Business segments
- Flight Centre Travel Group Ltd. - Key news
- Flight Centre Travel Group Ltd. - Key offerings
- Flight Centre Travel Group Ltd. - Segment focus

14.11 JPMorgan Chase and Co.
- JPMorgan Chase and Co. - Overview
- JPMorgan Chase and Co. - Business segments
- JPMorgan Chase and Co. - Key news
- JPMorgan Chase and Co. - Key offerings
- JPMorgan Chase and Co. - Segment focus

14.12 JTB Corp.
- JTB Corp. - Overview
- JTB Corp. - Product / Service
- JTB Corp. - Key offerings

14.13 Omega World Travel Inc.
- Omega World Travel Inc. - Overview
- Omega World Travel Inc. - Product / Service
- Omega World Travel Inc. - Key offerings

14.14 The Scott Travel Group Ltd.
- The Scott Travel Group Ltd. - Overview
- The Scott Travel Group Ltd. - Product / Service
- The Scott Travel Group Ltd. - Key offerings

14.15 Travel Leaders Group Holdings LLC
- Travel Leaders Group Holdings LLC - Overview
- Travel Leaders Group Holdings LLC - Product / Service
- Travel Leaders Group Holdings LLC - Key offerings