Travel and Tourism Market by Travel days (Within 7 Days, 7-15 Days, And More Than 15 Days); By Travel type (Leisure Spending, And Business Spending); By Application (Domestic Spending, And International Spending); By Geography (North America, Asia-Pacific, Europe, South America, and RoW), Industry Trends, Estimation & Forecast, 2018 – 2026

The Global Travel and Tourism market is expected to reach $12,865 billion by 2026, growing at a CAGR of 6.1% during the forecast period.

Market Overview

The Global Travel and Tourism market is expected to reach $12,865 billion by 2026, growing at a CAGR of 6.1% during the forecast period. The travel and tourism industry is currently experiencing unprecedented growth in some countries. According to World Travel & Tourism Council, the travel and tourism sector grew more in 2018 than all other economic sectors.

Market Dynamics

Significant increase in government initiatives in the form of public and private partnership to promote tourism is the major factor driving the growth of the global travel and tourism market. Furthermore, increase in social media trend is expected to create numerous growth opportunities for the market in the forthcoming years.

Market Segmentation

The global travel and tourism market is segmented based on travel days, travel type, application, and geography. The travel days segment includes within 7 days, 7-15 days, and more than 15 days. On the basis of the travel type segment, the bifurcation is given as leisure spending, and business spending. Application segment can be divided into domestic spending, and international spending. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, RoW, and South America. Asia Pacific is the largest travel & tourism market in the world and is a growing market. China is the largest travel and tourism market in Asia Pacific followed by Japan and India. In addition, travel and tourism is the largest service industry in India. It provides cultural, heritage, medical, business and sports tourism.

Scope of the Global Travel and Tourism Market

By Travel days
  • Within 7 Days
  • 7 – 15 Days
  • More than 15 Days
By Travel type
  • Leisure Spending
  • Business Spending
By Application
  • Domestic Spending
  • International Spending
By Geography
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Korea
    • Rest of APAC
  • South America
    • Brazil
    • Rest of South America
  • Rest of the World
    • Middle East
    • Africa

TABLE OF CONTENTS Chapter 1 Introduction 1.1 Executive Summary 1.2 Market Definition 1.3 Market Scope Chapter 2 Research Methodology 2.1 Primary Research 2.2 Research Methodology 2.3 Assumptions & Exclusions 2.4 Secondary Data Travel Sources Chapter 3 Market Overview 3.1 Report Segmentation & Scope 3.2 Key Market Trends 3.2.1 Drivers 3.2.2 Restraints 3.2.3 Opportunities 3.3 Porter’s Five Forces Analysis 3.4 Market Share Analysis Chapter 4 Global Travel and Tourism Market by Travel Days: Market Size and Forecast, 2018 – 2026 4.1 Introduction 4.1.1 Market Size and Forecast 4.2 Within 7 Days 4.2.1 Market Size and Forecast 4.3 7 – 15 Days 4.3.1 Market Size and Forecast 4.4 More than 15 Days 4.4.1 Market Size and Forecast Chapter 5 Global Travel and Tourism Market by Travel Type: Market Size and Forecast, 2018 – 2026 5.1 Introduction 5.1.1 Market Size and Forecast 5.2 Leisure Spending 5.2.1 Market Size and Forecast 5.3 Business Spending 5.3.1 Market Size and Forecast Chapter 6 Global Travel and Tourism Market by Application: Market Size and Forecast, 2018 – 2026 6.1 Introduction 6.1.1 Market Size and Forecast 6.2 Domestic Spending 6.2.1 Market Size and Forecast 6.3 International Spending 6.3.1 Market Size and Forecast Chapter 7 Global Travel and Tourism Market by Geography: Market Size and Forecast, 2018 – 2026 7.1 Introduction 7.1.1 Market Size and Forecast 7.2 North America 7.2.1 North America Market Size & Forecast, By Country 7.2.2 North America Market Size & Forecast, By Travel Days 7.2.3 North America Market Size & Forecast, By Travel Type 7.2.4 North America Market Size & Forecast, By Application 7.2.5 U.S. 7.2.5.1 Market Size and Forecast 7.2.6 Canada 7.2.6.1 Market Size and Forecast 7.2.7 Mexico 7.2.7.1 Market Size and Forecast 7.3 Europe 7.3.1 Europe Market Size and Forecast, By Country 7.3.2 Europe Market Size and Forecast, By Travel Days 7.3.3 Europe Market Size and Forecast, By Travel Type 7.3.4 Europe Market Size and Forecast, By Application 7.3.5 UK 7.3.5.1 Market Size and Forecast 7.3.6 Germany 7.3.6.1 Market Size and Forecast 7.3.7 France 7.3.7.1 Market Size and Forecast 7.3.8 Italy 7.3.8.1 Market Size and Forecast 7.3.9 Spain 7.3.9.1 Market Size and Forecast 7.3.10 Rest of Europe 7.3.10.1 Market Size and Forecast 7.4 Asia-Pacific 7.4.1 Asia-Pacific Market Size and Forecast, By Country 7.4.2 Asia-Pacific Market Size and Forecast, By Travel Days 7.4.3 Asia-Pacific Market Size and Forecast, By Travel Type 7.4.4 Asia-Pacific Market Size and Forecast, By Application 7.4.5 India 7.4.5.1 Market Size and Forecast 7.4.6 China 7.4.6.1 Market Size and Forecast 7.4.7 Australia 7.4.7.1 Market Size and Forecast 7.4.8 Japan 7.4.8.1 Market Size and Forecast 7.4.9 South Korea 7.4.9.1 Market Size and Forecast 7.4.10 Rest of Asia-Pacific 7.4.10.1 Market Size and Forecast 7.5 South America 7.5.1 South America Market Size and Forecast, By Country 7.5.2 South America Market Size and Forecast, By Travel Days 7.5.3 South America Market Size and Forecast, By Travel Type 7.5.4 South America Market Size and Forecast, By Application 7.5.5 Brazil 7.5.5.1 Market Size and Forecast 7.5.6 Rest of South America 7.5.6.1 Market Size and Forecast 7.6 RoW 7.6.1 RoW Market Size and Forecast, by Country 7.6.2 RoW Market Size and Forecast, by Travel Days 7.6.3 RoW Market Size and Forecast, by Travel Type 7.6.4 RoW Market Size and Forecast, by Application 7.6.5 Middle East 7.6.5.1 Market Size and Forecast 7.6.6 Africa 7.6.6.1 Market Size and Forecast Chapter 8 Company Profiles 8.1 Accor plc 8.2 Adris Grupa d.d. 8.3 Airbnb, Inc. 8.4 Balkan Holidays Ltd. 8.5 Carnival Corporation & plc 8.6 Crown Resorts Ltd. 8.7 G Adventures 8.8 Hilton Worldwide Holdings Inc. 8.9 OYO Rooms

Travel and Tourism Market Key Players
  • Accor plc
  • Adris Grupa d.d.
  • Airbnb, Inc.
  • Balkan Holidays Ltd.
  • Carnival Corporation & plc
  • Crown Resorts Ltd.
  • G Adventures
  • Hilton Worldwide Holdings Inc.
  • OYO Rooms

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Report Highlights:

Complete overview of market
Major drivers, restrain, opportunities, and challenges of the market
Market Trends and how they are boosting the market growth
Changing dynamics in the Market
Complete overview of the market
Historical, Base year, projected, and current market size in terms of value and volume
COVID-19 Impact analysis of the market
Current industry trends and developments

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