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The global tourism market value reached around USD 9.24 trillion in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032, reaching almost USD 13.96 trillion by 2032.
Global Tourism Market Report Summary | Description | Value |
Base Year | USD Trillion | 2023 |
Historical Period | USD Trillion | 2018-2023 |
Forecast Period | USD Trillion | 2024-2032 |
Market Size 2023 | USD Trillion | 9.24 |
Market Size 2032 | USD Trillion | 13.96 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 4.7% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 6.1% |
CAGR 2024-2032 - Market by Country | India | 7.0% |
CAGR 2024-2032 - Market by Country | Brazil | 5.1% |
CAGR 2024-2032 - Market by Tourism Type | International Tourism | 5.2% |
CAGR 2024-2032 - Market by Travel Purpose | Leisure Spending | 5.3% |
Market Share by Country 2023 | Germany | 5.2% |
*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
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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