Luxury Travel Market size is expected to grow 19040 million by 2024 at a CAGR of 6.2% - TUI Group, Abercrombie & Kent Ltd, Cox & Kings Ltd, Thomas Cook Group, Scott Dunn, Jet2 Holidays, Tauck
Key Companies Analyzed in Luxury Travel Market Report are: - TUI Group, Abercrombie & Kent Ltd, Cox & Kings Ltd, Thomas Cook Group, Scott Dunn, Jet2 Holidays, Tauck, Travcoa, Lindblad Expeditions, Micato Safaris, Butterfield & Robinson, Al Tayyar, Exodus Travels, Backroads, Zicasso.
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The global Luxury Travel market is valued at 19040 million USD in 2018 and is expected to reach 24180 million USD by the end of 2024, growing at a CAGR of 6.2% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Luxury Travel.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Luxury Travel market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Luxury Travel market by product type and applications/end industries.
On the basis of Type:
Customized and Private Vacation
Adventure and Safari
Small Group Journey
Celebration and Special Event
On the basis of Application:
Moreover, the market is classified based on regions and countries as follows:
North America- U.S., Canada
Europe- Germany, U.K., France, Rest of Europe
Asia-Pacific- China, Japan, India, Rest of Asia Pacific
Latin America- Brazil, Mexico, Rest of Latin America
Middle East & Africa- UAE, South Africa, Saudi Arabia, Rest of Middle East & Africa
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Key Benefits of the Report:
*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2024
*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
*Luxury Travel Manufacturers & Technology Providers
*Traders, Importers, and Exporters
*Raw Material Suppliers and Distributors
*Research and Consulting Firms
*Government and Research Organizations
*Associations and Industry Bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Government Body & Associations
* Research Institutes
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