Halal Tourism Market Size Predicted to Increase at a Positive CAGR | Halaltours.org, Carisa travel group, Rooh Travel Limited

Global Halal Tourism Market Size study, By Type, By Application, By Purpose, By Budget, and Regional Forecasts 2022-2028, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Halal Tourism market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Halal Tourism market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Global Halal Tourism Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Halal Tourism also known as Halal travel or halal-friendly tourism refers to subcategory of tourism intended for Muslim travelers who abide by rules of islam. In halal tourism travel agents or service providers designs their tour packages follow rules of halal. Hotels in halal tourism category do not serve alcohol, features separate swimming pools and spa facilities for men and women, serve only halal foods, and offers prayer facilities for Muslims tourists in-room and in a common hall. The growing travel spending from Muslims around the world and growing emergence of Muslim friendly tour portals as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista - in 2019, Muslims around the world spent around USD 202 billion across food, pharmaceutical cosmetics, fashion, travel, and media/recreation sectors, and this amount is projected to grow to USD 240 billion by 2024. Furthermore, leading market players are coming up with innovative tour packages specially designed for Muslim tourism to capital the growing demand for Halal Tourism. For instance, in July 2019, Malaysian OTA HalalHoliday.com soft launched as a Muslim-targeted portal offering Umrah and holiday packages - including both inbound and outbound tours in more than 60 countries. The Umrah packages, would enable pilgrims to personalize their journey. Moreover, in May 2022, New York City's official marketing, tourism and partnership organization named NYC & Company, in partnership with the leading, halal-friendly travel authority Halal Trip/Crescent Rating launched a new centralised resource for locals and visitors, the Halal Travel Guide. It is the first-ever Halal Travel Guide released by a US tourism organisation, and would provide information of halal restaurants, Muslim history and art exhibitions across the five boroughs of New York City as well as sharing tips and advice from Muslim travel experts. Also, growing tourism sector in post covid era and increasing penetration of online booking channels are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Halal Tourism Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing tourism spending and increasing penetration of halal friendly tour packages in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing emergence of Muslim friendly hotels and rising travel spending in post covid era, would create lucrative growth prospects for the global Halal Tourism Market across the Asia Pacific region.

Major market players included in this report are:
• Halaltours.org
• Carisa travel group
• Rooh Travel Limited
• HalalBooking Ltd.
• Halal Safaris
• Halal Trip India
• Hello Travel Pte Ltd
• Islamic Travel
• Rihaala
• Tripfez Travel

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
• Domestic Tourism
• International Tourism

By Application
• Millennials
• Senior Citizens
• Female Segment
• Families

By Purpose
• Leisure
• Business
• Ramadan

By Budget
• Luxury
• Medium Budget
• Low Budget

Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.

The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

What our reports offer:
• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2020, 2021, till 2025
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.

COVID-19 - Next Thoughts: In this piece, we have shared key data and numbers that shine a spotlight on the current scale of the crisis and the economic fallout. A combination of factors, including COVID-19 containment situation, end-use market recovery.

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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The study objectives of this report are:
• To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2028.
• To understand the structure of market by identifying its various sub segments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?

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Key Points Covered in Halal Tourism Market Report:

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Halal Tourism market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Halal Tourism Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents

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