Press release
Global Luxury Travel Market 2019 Analyzed by Business Growth, Development Factors, Applications, and Future Prospects till 2025
Luxury Travel Market
Growing inclination of people towards unique and exotic holiday experiences, rise in middle and upper middle class spending and the increasing impact of social media on travel industry are the key factors that drive the market growth. Emerging new destinations coupled with rising service standards in the travel industry, is anticipated to further drive the demand for luxury travel, globally.
The Small Group Journey segment accounted for about 44% of the overall luxury travel market revenue, by tour type in 2015, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Customized and Private Vacation aimed at culinary and shopping, would witness the fastest growth, registering a CAGR of 9.1% during the forecast period. An increasing number of luxury travelers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 - 30 years). In 2015, approximately 45% of millennials took a trip based on culinary interest.
In 2018, the global Luxury Travel market size was 5200 million US$ and it is expected to reach 9920 million US$ by the end of 2025, with a CAGR of 8.4% during 2019-2025.
Request for Sample of this Report@ https://www.supplydemandmarketresearch.com/home/contact/216377?ref=Sample-and-Brochure&toccode=SDMRSE216377
This report focuses on the global Luxury Travel status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Luxury Travel development in United States, Europe and China.
The key players covered in this study
• TUI Group
• Thomas Cook Group
• Jet2 Holidays
• Cox & Kings Ltd
• Lindblad Expeditions
• Travcoa
• Scott Dunn
• Abercrombie & Kent Ltd
• Micato Safaris
• Tauck
• Al Tayyar
• Backroads
• Zicasso
• Exodus Travels
• Butterfield & Robinson
Market segment by Type, the product can be split into
• Customized and Private Vacation
• Adventure and Safari
• Cruise/Ship Expedition
• Small Group Journey
• Celebration and Special Event
• Others
Get Instant Discount on this Research Report@ https://www.supplydemandmarketresearch.com/home/contact/216377?ref=Discount&toccode=SDMRSE216377
Market segment by Application, split into
• Millennial
• Generation X
• Baby Boomers
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
The study objectives of this report are:
• To analyze global Luxury Travel status, future forecast, growth opportunity, key market and key players.
• To present the Luxury Travel development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Luxury Travel are as follows:
• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Luxury Travel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Get Detailed Analysis of this Research Report@ https://www.supplydemandmarketresearch.com/home/purchase?code=SDMRSE216377
Contact Us
info@supplydemandmarketresearch.com
https://supplydemandmarketresearch.com
Global Contact: +1-276-477-5910
About Supply Demand Market Research(SDMR)
We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.
302-20 Misssisauga Valley, Missisauga,
L5A 3S1, Toronto
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Luxury Travel Market 2019 Analyzed by Business Growth, Development Factors, Applications, and Future Prospects till 2025 here
News-ID: 1665922 • Views: …
More Releases from Supply Demand Market Research
South Korea Flounder Market Anticipated to grow at a CAGR of 8% from 2023-2030
The South Korea flounder is anticipated to grow at a CAGR% of 8.0% from 2022-2030. The factors contributing towards the high growth are flounders such as halibut and turbot high-protein and low-calorie food, helps to re-solve the nutritional imbalance from diet because of its rich minerals, carbohydrates and vitamins despite low-calorie. They also offer medical benefits as liver of halibut contains lots of vitamin B1 and B2, which is effective…
Global Flounder Market Anticipated to reach USD 56 Billion by 2030
The global flounder market is anticipated to reach USD 56 Billion by 2030, growing at a CAGR% of 8.0% from 2022-2030. The factors contributing towards the high growth are flounders such as halibut and turbot high-protein and low-calorie food, helps to re-solve the nutritional imbalance from diet because of its rich minerals, carbohydrates and vitamins despite low-calorie. They also offer medical benefits as liver of halibut contains lots of vitamin…
Global Seafood Market Anticipated to reach USD 730 Billion by 2030
The global seafood market is anticipated to reach USD 730 Billion by 2030, growing at a CAGR% of 8.9% from 2022-2030. The factors contributing towards the high growth are increased disposable income, awareness of fish being used as an ingredient in healthy food is growing. USA the government plans to sanction illegal fishing activities, actively promote fair trade, and promote strategies to promote the fishing industry through detailed strategies such…
Robotic Palletizers Market Is Expected to Reach US$11.98 Billion by 2033
The global robotic palletizers market is anticipated to reach $11.98 billion by 2033, presenting a 2023-2033 CAGR of 8.3%. The factors contributing towards the growth include the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced industrial robotics to improve productivity and safety in manufacturing sectors, and the increasing government initiatives.
The report is highlighted with 122 tables and 96 figures, this 209-page report "Global Robotic…
More Releases for Luxury
Global Luxury Watch Market, Global Luxury Watch Industry, Covid-19 Impact Global …
Luxury watch is a specific type of an exclusive high-end watch that has better quality of products and flawless methods used in the manufacturing process for the same. Various inventive advertising methods combined with advanced products presented by the manufacturers have created a dizzying demand for the product. These watches are a minimal improvement over conventional clocks, with sophisticated functions and features that result in their great value. In addition,…
Luxury Travel Market Is Expected To Witness Faster Growth Throughout By Type Of …
Acumen Research and Consulting has announced the addition of the "Luxury Travel Market” report to their offering.
The Luxury Travel Market Report 2018 is an in depth study analyzing the current state of the Luxury Travel Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Luxury Travel Market provides analysis of China market covering the industry trends, recent…
worldwide luxury market comprises of nine sectors including personal luxury good …
The worldwide luxury market comprises of nine sectors including personal luxury goods, personal cars, luxury hospitality, fine food, luxury cruises, fine wine and spirits, private jet, yachts and luxury furniture. Out of these sectors, luxury furniture has exhibited huge market attractiveness everywhere throughout the world. Luxury furniture raises the artistic value of hotels, restaurants, offices and homes notwithstanding different indoor and outdoor spaces. In the course of recent years, the…
Luxury Cars Rental Market Report 2018: Segmentation by Type (Compact Luxury Cars …
Global Luxury Cars Rental market research report provides company profile for Avis Budget Group, Inc., Sixt Rent-A-Car, Enterprise Rent-A-Car, The Hertz Corporation, Europcar, Al-Futtaim Group, Carzonrent, Localiza Rent A Car, Eco Rent A Car and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
Luxury Apparels Market:E-commerce Spearheads Luxury Fashion Movement; Trends 201 …
Since the historic times, only the rich could afford luxury apparels. Reserved for the elite class, the luxury apparels market has boasted an esteemed clientele comprising the high net worth individuals. However, over the years several designers and fashion brands have started reaching out the broader range of customers through affordable products. Big brands such as Louis Vuitton, Prada, and Versace are expanding to developing economies, which has not only…
Power Meets Luxury - MTM-Klassen T300 Business Luxury Van
The 83rd International Motor Show in Geneva will see a world premiere in the luxury sector with the first ever presentation for the press of the MTM-Klassen T300 Business Luxury Van since Tuesday March 5th 2013. “Power meets luxury” – there is no doubt that the introduction of the unique Business Luxury Van, at 2pm in front of the MTM-Klassen Stand 2045 in Hall 2, is one of the…
