Press release
India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market Size To See Booming Growth
The report "India Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism to Gulf Cooperation Council (GCC) Countries
Market Trends and Opportunities to 2025" presents the latest industry data and offers insights into the current and future outlook of India's outbound MICE tourism market to GCC countries.
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The analysis includes the flow of Indian MICE travelers, revenue generation, and the primary destination markets. A comprehensive country-wise analysis of the market is provided, focusing on the six GCC nations: Saudi Arabia, United Arab Emirates (UAE), Kuwait, Qatar, Oman, and Bahrain. The report explores the drivers and restraints shaping the market and predicts its future growth prospects.
Key Findings:
UAE remains the top destination for Indian MICE tourists.
India is witnessing rapid growth in outbound MICE tourism.
Saudi Arabia and Bahrain accounted for over 15% of total outbound MICE spending by Indians in 2018.
Key Data Included in the Report:
India Outbound MICE Tourism Market to GCC Countries and Forecast (2014-2025)
India Outbound MICE Travelers Visitation to GCC Countries and Forecast (2014-2025)
India Outbound MICE Travelers Spending to GCC Countries and Forecast (2014-2025)
India Outbound MICE Travelers Visitation Share and Year-on-Year Growth (%) to GCC Countries (2014-2025)
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India Outbound MICE Travelers Spending Share and Year-on-Year Growth (%) to GCC Countries (2014-2025)
Visitation and Spending Forecast for Indian MICE Travelers to the 6 GCC Countries (2014-2025)
Identification of Key Drivers and Inhibitors of the India Outbound MICE Tourism Market to GCC Countries.
Conclusion:
The report highlights the significant potential of India's outbound MICE tourism market to GCC countries, projecting it to exceed US$ 5 billion by 2025. The United Arab Emirates stands as the preferred destination for Indian MICE travelers. India's outbound MICE tourism market is experiencing remarkable growth, with Saudi Arabia and Bahrain emerging as key contributors to expenditure. The comprehensive analysis of market drivers and inhibitors helps stakeholders understand the dynamics and seize opportunities for future growth in the India outbound MICE tourism sector to GCC countries.
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