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Traditional Travel Agency Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Traditional Travel Agency Market SizeAccording to a new report published by , titled, "Traditional Travel Agency Market," The traditional travel agency market was valued at $143.9 billion in 2022, and is estimated to reach $212.9 billion by 2032, growing at a CAGR of 3.7% from 2023 to 2032.
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Traditional Travel Agency Market By Service Types (Transportation, Travel Accommodation, Vacation Packages), By Age Group (22-31 Years, 32-43 Years, 44-56 Years, >56 Years): Global Opportunity Analysis and Industry Forecast, 2023-2032
The growth of online booking platforms and changing consumer tastes have significantly altered the old travel agency sector. Despite difficulties, the conventional paradigm of in-person consulting and individualized service has not gone out of style. Instead, by adjusting to shifting consumer needs and providing specialized services that target particular market niches, it has developed to coexist alongside online platforms. Travelers looking for one-of-a-kind experiences and individualized advice in a challenging and constantly evolving travel environment continue to value the human touch and knowledge that traditional travel agencies offer.
The major players analyzed in the global traditional travel agency industry are Expedia Group Inc., Booking Holdings, Mahindra Holidays, STA Travel, Carlson Wagonlit Travel (CWT), AAA Travel, Kuoni Group, Thomas Cook, TUI AG, and Flight Center Travel Group Limited.
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