Outbound Travel Service Market Hits New High | Major Giants AAA Travel, BCD Group, FROSCH Travel, TUI Group

The Outbound Travel Service Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2030. The exploration provides a 360° view and insights, highlighting major outcomes of Outbound Travel Service industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Expedia Group, Booking Holdings (Priceline Group), China Travel, China CYTS Tours Holding, American Express Global Business Travel, BCD Group, Travel Leaders Group (ALTOUR), Fareportal, AAA Travel, Corporate Travel Management, Travel and Transport, Direct Travel, World Travel, Omega World Travel, FROSCH Travel, JTB Corporation, Ovation Travel Group, World Travel Holdings, TUI Group, Abercrombie & Kent Group, InnerAsia Travels, Butterfield & Robinson.

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Outbound travel services are a series of services for travel agencies for outbound travel.

In 2023, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2023, a two-fold increase compared to 2022. In 2023, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2022. According to data from the Ministry of Culture and Tourism of China, in 2023, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.

By end users/application, the market is sub-segmented as Online sales, Offline sales

Breakdown by type, the market is categorized as: Leisure, Culture and History, Honeymoon, Adventure, Others

Players profiled in the report: Expedia Group, Booking Holdings (Priceline Group), China Travel, China CYTS Tours Holding, American Express Global Business Travel, BCD Group, Travel Leaders Group (ALTOUR), Fareportal, AAA Travel, Corporate Travel Management, Travel and Transport, Direct Travel, World Travel, Omega World Travel, FROSCH Travel, JTB Corporation, Ovation Travel Group, World Travel Holdings, TUI Group, Abercrombie & Kent Group, InnerAsia Travels, Butterfield & Robinson

Regional Analysis for Outbound Travel Service Market includes: North America, Europe, Asia-Pacific etc

The Global Outbound Travel Service Market study covers ongoing status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend an analysis of the market by trend analysis, segment breakdown, and players' contribution in Outbound Travel Service market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America, and further broken down by 18+ jurisdictions or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries, etc.

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For Consumer-Centric data, demand-side or survey analysis can be added in the final deliverable as part of customization that would include analysis and consumer behavior of Outbound Travel Service Market by demographic factors such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}

Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)

Major Highlights from the Global Outbound Travel Service Market factored in the Analysis

Outbound Travel Service Market Measures & Parameters Addressed in Study: The report highlights Outbound Travel Service market features such as segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of the finished product in Outbound Travel Service Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.

Major Strategic Outbound Travel Service Market Developments: Activities such as Research & Development (R&D) by phase, ongoing and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches, etc taken by Outbound Travel Service Industry players during the projected timeframe of the study.

What unique qualitative insights are included in Outbound Travel Service Market research study?
The Global Outbound Travel Service Market report provides rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis, etc have been provided to better correlate key players product offering in the market.

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Extracts from Table of Contents :
1. Outbound Travel Service Market Overview
- Market Snapshot
- Definition
- Product Classification
2. Outbound Travel Service Market Dynamics
- Drivers, Trends, Restraints......
- Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
- Manufacturing Process Analysis
- Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global Outbound Travel Service Market Competition by Manufacturers (2021-2024)
6. Outbound Travel Service Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2024-2030)
.......
7. Outbound Travel Service Revenue (Value), Production, Sales Volume, by Region (2024-2030)
8. Outbound Travel Service Market Trend by Type {Leisure, Culture and History, Honeymoon, Adventure, Others}
9. Outbound Travel Service Market Analysis by Application {Online sales, Offline sales}
10. Outbound Travel Service Market Manufacturers Profiles/Analysis
- Market Share Analysis by Manufacturers (2023-2024E)
- Manufacturers Profiles (Overview, Financials, SWOT, etc)
- Connected Distributors/Traders
- Marketing Strategy by Key Manufacturers/Players

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Thanks for reading Global Outbound Travel Service Industry research publication; you can also get individual chapter-wise sections or region-wise report versions like America, LATAM, Europe, Nordic nations, Oceania, Southeast Asia, or Just Eastern Asia.

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