Press release
Luxury Travel Market is Estimated to Reach USD 1760.5 Billion By 2030: Cognitive Market Research
Luxury Travel Market is Estimated to Reach USD 1760.5 Billion By 2030: Cognitive Market Research
- Luxury travel services are desirable and premium experiences in terms of luxurious accommodations, convenient transport facilities, and authentic travel experiences. Luxury travel services provide outstanding services to travelers.
Summary:
• Global Luxury Travel Market is Estimated to Grow at a CAGR of 7.95% within the forecast period of 2023-2030.
• The adventure and safari segment holds the major revenue share in terms of the type of tour.
• Europe has the largest revenue share in the luxury travel market.
To know more Luxury Travel Market statistics click here: https://www.cognitivemarketresearch.com/travel-agency-software-market-report
Market Dynamics:
- The increasing HNIs population and the aspiration of young and rich millennials to explore new places and have unique travel experiences are major factors expected to drive the growth of the luxury travel market. Furthermore, the increasing demand for unique travel experiences is expected to tremendous opportunities for the global luxury travel market in the forecast period. However, changing socioeconomic conditions are projected to hamper the growth of the luxury travel market.
Market Segmentation:
- Type:
• Customized and Private Vacation
• Adventure and Safari
• Cruise/Ship Expedition
• Small Group Journey
• Celebration and Special Event
• Others
The adventure and safari segment holds the major revenue share in terms of the type of tour
The adventure and safari segment has the largest market share in the luxury travel market. This is due to the increasing demand for luxury travel for nature-based holidays expected to drive the growth of the adventure and safari segment.
- Application:
• Millennial
• Generation X
• Baby Boomers
- Competitive Analysis for Luxury Travel Market: 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.
Get free sample pages of latest published Luxury Travel Market 2023: https://www.cognitivemarketresearch.com/travel-agency-software-market-report
Europe accounted for the largest share of the luxury travel market
- Europe has the largest market share in the luxury travel market, due to increasing travel expenditure by middle & upper-class people and the interest of people to spend time with family are key factors expected to growth of the luxury travel market in Europe.
News:
- Abercrombie & Kent USA, LLC has announced a special edition cruise that features astronomy experts
In November 2019, Abercrombie & Kent USA, LLC has announced a special edition cruise that features astronomy experts with the first woman to walk in space. The company's Antarctica & the Total Solar Eclipse Cruise is designed to offer an exclusive experience of rare astronomical spectacles, alongside experts.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Luxury Travel Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Luxury Travel Market Size 2018 - 2030, (USD Million)
• 3.2 Global Luxury Travel Market: Snapshot
Chapter 4 Global Luxury Travel Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Luxury Travel Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Luxury Travel Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Luxury Travel Market Regional Analysis
Chapter 11 North America Luxury Travel Market Outlook (2018 - 2030)
Chapter 12 Europe Luxury Travel Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Luxury Travel Market Outlook (2018 - 2030)
Chapter 14 Latin America Luxury Travel Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Luxury Travel Market Outlook (2018 - 2030)
Chapter 16 Research Findings
FULL TOC: https://www.cognitivemarketresearch.com/travel-agency-software-market-report#table_of_contents
Related Report:
• MICE and Mega Event Market- https://www.cognitivemarketresearch.com/mice-and-mega-event-market-report
• Travel Agency Software Market- https://www.cognitivemarketresearch.com/travel-agency-software-market-report
• Meeting And Events Market- https://www.cognitivemarketresearch.com/meeting-and-events-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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