openPR Logo
Press release

Luxury Travel Market Growth 2021 to 2027 | 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

07-17-2021 03:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Luxury Travel Market

Luxury Travel Market

Worldwide Market Reports offers a report on the global Luxury Travel market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends, and forecasts for the period 2021-2027.

The research analysts in their primary research observed that the rapid growth of the global Luxury Travel market over the forecast period is expected to open potential opportunities for the Luxury Travel manufacturers in the global market. The global Luxury Travel markets are segmented on the basis of the product, end-user, and the geographical region

Ask for Report Sample @ https://www.worldwidemarketreports.com/sample/264110

Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places, and experiences that represent all that is authentic about a destination. There's no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveler's wish list. However, today's luxury traveler seeks more depth of understanding and immersion into the local culture than ever before. People don't just want to see - they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.

Scope of the Report:

The 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 the travel industry are the key factors that drive the market growth. Emerging new destinations coupled with rising service standards in the travel industry are 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.

The global Luxury Travel market is valued at 5200 million USD in 2018 and is expected to reach 9460 million USD by the end of 2027, growing at a CAGR of 9.5% between 2021 and 2027.

The Asia-Pacific will occupy more market share in the 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 that cannot be ignored. Any changes from the United States might affect the development trend of Luxury Travel.

Europe also play important role in the global market, with a market size of xx million USD in 2021 and will be xx million USD in 2027, 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 the global market and splits the Luxury Travel market by product type and applications/end industries.

Market Segment by Companies, this report covers
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 Regions, regional analysis covers
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Segment by Type, covers
Customized and Private Vacation
Adventure and Safari
Cruise/Ship Expedition
Small-Group Journey
Celebration and Special Event
Others

Market Segment by Applications can be divided into
Millennial
Generation X
Baby Boomers

Inquire Before Purchase or Request Discount @ https://www.worldwidemarketreports.com/quiry/264110

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan and align their market strategies in line with current market trends.

Contact Us:
Mr. Shah
Worldwide Market Reports,
Tel: U.S. +1-415-871-0703 / U.K. +44-203-289-4040 / Japan +81-50-5539-1737
Email: sales@worldwidemarketreports.com

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 Luxury Travel Market Growth 2021 to 2027 | 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 here

News-ID: 2330948 • Views:

More Releases from Worldwide Market Reports

Nucleic Acid Labeling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032
Nucleic Acid Labeling Market: Industry Trends, Share, Size, Growth, Opportunity …
Burlingame, United States - September 3, 2025. Worldwide Market Reports has added a new research study on the Global Nucleic Acid Labeling Market 2025 by Size, Growth, Trends, and Dynamics, Forecast to 2032. This comprehensive report examines labeling chemistries, detection workflows, market drivers, constraints, and competitive dynamics across enzymatic, chemical, and direct labeling methods driving research and diagnostics applications. The market is segmented by labeling type-radioactive, fluorescent, biotin, and digoxigenin-and by
Electrophoresis Reagents Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032
Electrophoresis Reagents Market: Industry Trends, Share, Size, Growth, Opportuni …
Burlingame, United States - September 3, 2025. Worldwide Market Reports has added a new research study on the Global Electrophoresis Reagents Market 2025 by Size, Growth, Trends, and Dynamics, Forecast to 2032, which provides a detailed examination of market patterns. This report covers a comprehensive investigation of the factors influencing the market, including reagent manufacturers, distribution channels, key product innovations, and end-user requirements. It delivers insights into the aspects driving
Specialty Fats & Oils Market Outlook 2025-2032: Size, Growth Drivers, Technology Trends, and Regional Forecasts
Specialty Fats & Oils Market Outlook 2025-2032: Size, Growth Drivers, Technology …
Burlingame, United States - September 3, 2025. Worldwide Market Reports announces a new comprehensive study on the Global Specialty Fats & Oils Market, covering market size, share, growth drivers, technology innovations, and regional forecasts through 2032 to support strategic planning and investment decisions. This report delivers an overview of emerging specialty fat chemistries-such as cocoa butter equivalents, shea stearin, lauric fats, and hardstocks-and their applications across bakery, confectionery, dairy alternatives, cosmetics,
Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032
Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and …
Burlingame, United States - September 3, 2025. A new Report by Worldwide Market Reports, titled "Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032," offers a comprehensive analysis of the industry, which comprises insights on the Textile Recycling market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. This report has a complete table of contents, figures, tables, and charts, as well

All 5 Releases


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