Press release
China Outbound Travel and Tourism Market 2023 Key Driving Growth and Regions with Segments
China Outbound Tourism Market is expected to exceed US$ 163 Billion by 2024. Market growth can be attributed to factors such as increased affluence of Chinese citizens, increased air connectivity, the easing of visa restrictions around the globe, consumer confidence and appetite for outbound travel.The report "China Outbound Travel and Tourism Market Analysis 2012 - 2017 and Forecast 2018 - 2024" offers the most up-to-date industry data on the actual market situation and future outlook for China outbound tourism market.
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The report uses data and analysis to discuss potential lucrative opportunities and future trends related to China international travelers visitation, spending, purpose of visits and main destination markets. The report provides clear insight into current and future tourism developments of the China outbound tourism market. Furthermore, this report uses country focused analysis to explore China outbound tourism market.
A detailed country-wise analysis of the market is provided, covering a total of 11 nations. The research study limelight growth drivers and investigates market inhibitors of China outbound travel & tourism. The countries included in this report are Taiwan, Hong Kong, Japan, Singapore, United States, Australia, New Zealand, Nepal, Sri Lanka, Cambodia and Korea
Key Findings:
The number of Chinese travelers to Korea has dropped by more than 40 percent in 2017
Visa requirements for Chinese travelers visiting Japan were eased from 2017
China is the largest source market for Taiwan tourism
China ranks top in terms of number of visitor arrivals to Hong Kong
Chinese visitors spend more in the US than visitors from any other nation
Travelers from China to Taiwan have dwindled in 2016 and 2017
China outbound travelers mostly travel for the pleasure purposes
The Latest Industry Data Included in this Report:
China Outbound Travel & Tourism Market (2012 - 2024)
China Outbound Travelers Visitation & Forecast (2012 - 2024)
China Outbound Travelers Spending & Forecast (2012 - 2024)
China Outbound Travelers Visitation Share & Forecast (2012 - 2024)
China Outbound Travelers Spending Share & Forecast (2012 - 2024)
11 Countries Chinese Travelers Visitation & Forecast (2012 - 2024)
11 Countries Chinese Travelers Purpose of Visit & Forecast (2012 - 2024)
11 Countries Chinese Travelers Spending & Forecast (2012 - 2024)
Identification of Key Drivers and Inhibitors of the China Outbound Travel & Tourism
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Reasons to Buy this Report:
Access to date records compiled by using our researchers. These supply you with historic and forecast data, which is analyzed to inform you why your market is set to change
This allows you to assume market adjustments to stay in advance of your competitors
You will be in a position to replica facts from the Excel spreadsheet straight into your advertising plans, enterprise presentations, or different strategic documents
The concise analysis, clear graph, and desk structure will allow you to pinpoint the statistics you require quickly
Provision of market cost (USD Billion) records for every section and sub-segment
Indicates the place and phase that is predicted to witness the quickest increase as properly as to dominate the market
Analysis via geography highlighting the consumption of the product/service in the location as properly as indicating the elements that are affecting the market inside every region
Competitive panorama which accommodates the market rating of the most important players, alongside with new service/product launches, partnerships, enterprise expansions, and acquisitions in the previous 5 years of businesses profiled
Extensive agency profiles comprising of employer overview, organization insights, product bench marking, and SWOT evaluation for the essential market players
The cutting-edge as nicely as the future market outlook of the enterprise regarding latest traits which contain increase possibilities and drivers as nicely as challenges and restraints of each rising as nicely as developed regions
Includes in-depth evaluation of the market from quite a number perspectives thru Porter's 5 forces analysis
Provides perception into the market via Value Chain
Market dynamics scenario, alongside with boom possibilities of the market in the years to come
1-Year post-sales analyst support
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