Press release
Tourism Market - Key Takeaways from Latest publication Released
Tourism Market
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Summary
Global Tourism Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. The travel made for Pleasure or Business is considered under Tourism. Over time the industry has grown rapidly and has also covered several other industries in it namely, transportation, accomodation and others. The rise in per capita income in most of the countries drive the market towards growth. Also, with the change in life-style traveling is being adopted as an important activity to be done which supports the market growth. Further, the rising trend to travel places among the youth further fuels the market growth. Moreover, the growing ease of travel with number of international travel departures aids growth of the market for Tourism.
The regional analysis of global Tourism market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the presence of large number of tourist places across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income, changing lifestyle and growing accommodation and travel industry would create lucrative growth prospects for the Tourism market across Asia-Pacific region.
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Major market player included in this report are:
Aban Offshore Ltd.
Accor S.A
Crown Holiday Ltd.
Balkan Holidays Ltd.
The Fred Harvey Company
G Adventures
TCS World Travel
DuVine
Gray & Co
Airbnb Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
International
Domestic
By Purpose:
Adventure
Business
Medical
Religious
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017, 2018
Base year - 20198
Forecast period - 2020 to 2026
Target Audience of the Global Tourism Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1.Executive Summary
1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1.Tourism Market, by Region, 2018-2026 (USD Billion)
1.2.2.Tourism Market, by Type, 2018-2026 (USD Billion)
1.2.3.Tourism Market, by Purpose, 2018-2026 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption
Chapter 2.Global Tourism Market Definition and Scope
2.1.Objective of the Study
2.2.Market Definition & Scope
2.2.1.Scope of the Study
2.2.2.Industry Evolution
2.3.Years Considered for the Study
2.4.Currency Conversion Rates
Chapter 3.Global Tourism Market Dynamics
3.1.Tourism Market Impact Analysis (2018-2026)
3.1.1.Market Drivers
3.1.2.Market Challenges
3.1.3.Market Opportunities
....Continued
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