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Global Tourism Market Size, Share, Trends, Growth, Analysis: By Tourism Type: Domestic Tourism, International Tourism; By Travel Days: Less Than 7 Days, Between 7 – 15 Days, More Than 15 days; By Travel Purpose: Business Spending, Leisure Spending, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Tourism Market Growth
The tourism demand forecast is impacted by many countries like Saudi Arabia, Qatar, and China that are attempting to enhance their international standing by creating sustainable infrastructure for hosting international sporting events. As a part of its $2.7 billion investment, Saudi Arabia is planning to expand its existing facilities for seating in the Prince Faisal Bin Ahad Stadium to host the Asian Football Confederation’s Asian Cup in 2027. Since sports tourism accounts for 10% of the world’s overall tourism expenditure, Saudi Arabia is expected to solidify its position as a key region in the Middle East and Africa for sports enthusiasts, thereby driving the growth of the tourism industry.
As per the Travel and Tourism Development Index (2024) released by the World Economic Forum, iconic landmarks, delectable cuisines, and renowned culture of countries like the USA, Spain and Japan made them leaders of the global tourism landscape. In 2023, the USA, Spain, and Japan cumulatively attracted over 180 million travellers. With the number of people visiting American Hollywood, Spain’s various beaches and Japan’s iconic temples increasing, the market is expected to witness significant growth.
As per the tourism industry analysis, sustainability is expected to play a crucial role in shaping the tourism landscape in the forecast period. Stakeholders in the market are attempting to make tourism activities more resilient, eco-friendly, inclusive, and carbon-neutral. Moreover, the development of sustainable accommodations and green transportation solutions is expected to further revolutionise the market in the coming years.
Tourism Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Tourism Market Analysis
8.1 Key Industry Highlights
8.2 Global Tourism Historical Market (2018-2023)
8.3 Global Tourism Market Forecast (2024-2032)
8.4 Global Tourism Market by Tourism Type
8.4.1 Domestic Tourism
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 International Tourism
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Tourism Market by Travel Days
8.5.1 Less Than 7 Days
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Between 7 – 15 Days
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 More Than 15 days
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Tourism Market by Travel Purpose
8.6.1 Business Spending
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Leisure Spending
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Tourism Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Tourism Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Tourism Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Tourism Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Tourism Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Tourism Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 TUI AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Booking Holdings Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Expedia Group Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Despegar.com, Corp.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Contiki
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Butterfield & Robinson Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Geographic Expeditions Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 ROW Adventures
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 MT Sobek’s
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 G Adventures Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Tourism Market: Key Industry Highlights, 2018 and 2032
2. Global Tourism Historical Market: Breakup by Tourism Type (USD Trillion), 2018-2023
3. Global Tourism Market Forecast: Breakup by Tourism Type (USD Trillion), 2024-2032
4. Global Tourism Historical Market: Breakup by Travel Days (USD Trillion), 2018-2023
5. Global Tourism Market Forecast: Breakup by Travel Days (USD Trillion), 2024-2032
6. Global Tourism Historical Market: Breakup by Travel Purpose (USD Trillion), 2018-2023
7. Global Tourism Market Forecast: Breakup by Travel Purpose (USD Trillion), 2024-2032
8. Global Tourism Historical Market: Breakup by Region (USD Trillion), 2018-2023
9. Global Tourism Market Forecast: Breakup by Region (USD Trillion), 2024-2032
10. North America Tourism Historical Market: Breakup by Country (USD Trillion), 2018-2023
11. North America Tourism Market Forecast: Breakup by Country (USD Trillion), 2024-2032
12. Europe Tourism Historical Market: Breakup by Country (USD Trillion), 2018-2023
13. Europe Tourism Market Forecast: Breakup by Country (USD Trillion), 2024-2032
14. Asia Pacific Tourism Historical Market: Breakup by Country (USD Trillion), 2018-2023
15. Asia Pacific Tourism Market Forecast: Breakup by Country (USD Trillion), 2024-2032
16. Latin America Tourism Historical Market: Breakup by Country (USD Trillion), 2018-2023
17. Latin America Tourism Market Forecast: Breakup by Country (USD Trillion), 2024-2032
18. Middle East and Africa Tourism Historical Market: Breakup by Country (USD Trillion), 2018-2023
19. Middle East and Africa Tourism Market Forecast: Breakup by Country (USD Trillion), 2024-2032
20. Global Tourism Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 9.24 trillion in 2023.
The market is estimated to grow at a CAGR of 4.7% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 13.96 trillion in 2032.
The market is categorised according to the tourism type, which includes domestic tourism and international tourism.
Based on the travel days, the market is divided into less than 7 days, between 7 – 15 days and more than 15 days.
Based on the travel purpose, the market is divided into business spending, leisure spending and others.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market key players are TUI AG, Booking Holdings Inc., Expedia Group Inc., Despegar.com, Corp., Contiki, Butterfield & Robinson Inc., Geographic Expeditions Inc., ROW Adventures, MT Sobek’s, and G Adventures Inc., among others.
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