Leisure Travel Market 2024 Size, Share, Industry, Forecast to 2030

The Leisure Travel Market 2024 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Leisure Travel market. This report explores all the key factors affecting the growth of the global Leisure Travel market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

Leisure Travel Market Segmentation are:

by Traveler Type (Solo and Group), Sales Channel (Conventional Channels and Online Channels), and Age Group (Baby Boomers, Generation X, Millennials, and Generation Z)

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Leisure Travel Market 2023 Overview:

Leisure travel is a form of vacation that involves a number of activities ranging from visiting new location, staying in resorts or hotel, experiencing various tourist attractions to going to health clubs and more. People often opt for leisure travel to unwind and experience new cultures, and meet new people.

The leisure travel economy comprises a well-entrenched biosphere of industries including but not limited to logistics, accommodation, food, retail, recreation and other tourism services, Companies, large and small in associated industries continuously strive to create experiences bringing people together, supporting communities and boosting economics of country. Substantial investment on tourism has multiplier effects in the expansion of the economy including infrastructure development, stimulating private investment, aggregating demand, and creating jobs. Tourism offers direct and indirect aid to a nations economy. Therefore, it has garnered high attention from the tourism development experts, policy makers, and industry leaders, especially in the developing regions of Asia-Pacific and Africa region.

Recent years have seen paradigm shift towards experience rather than goods. Spending on consumer durables, apparels have faltered; however, experiential spending on recreation, travel, and eating have seen rapid growth. As a result, travel is outpacing the demand for goods. The trend is in sync with growing number of global outbound tourists in the last few years. The robust growth is estimated to continue in future, driven primarily by the expansion of low-cost airlines, government initiatives, and technological advancements.

While expansion in the tourism industry has led to creation of jobs, a proliferation of tour operators, and increased ease in booking accommodation, logistics and services, the growth comes with its own set of unique challengeseconomic slowdown, infrastructure, and political tensions, among others.

The leisure travel market has been segmented based on traveler type, sales channel, age group, and region. Based on traveler type, the leisure travel market is bifurcated into solo and group. Based on sales channel, the global market is studied across conventional channels, and online channels. The report also gives insights on leisure travel market by age group that includes baby boomers, generation X, Millennials, and Generation- Z. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA

The key players profiled in the report includes Expedia Group, Priceline Group, Carlson Wagonlit Travel, JTB Americas Group, World Travel, Inc., American Express Travel, Travel Leaders Group, TUI Group., Thomas Cook (India) Limited and Cox & Kings Ltd.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Leisure Travel Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Regional Analysis for Leisure Travel Market:
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Strategic Points Covered in Table of Content of Global Leisure Travel Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Leisure Travel market

Chapter 2: Exclusive Summary - the basic information of the Leisure Travel Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Leisure Travel

Chapter 4: Presenting the Leisure Travel Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country

Chapter 6: Evaluating the leading manufacturers of the Leisure Travel market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Why should you purchase this report?

-Prudent Markets provides the vital historical and analysis data of global Leisure Travel market.
-The report provides the entire assessment of the future market and altering market scenario or behavior.
-All the business decision could be backed through the several strategic business methodologies offered in the report.
-An extra edge in the competitive market could be obtained from this elaborative research report
-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

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Free Customization on the basis of client requirements on Immediate purchase:

1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

Customization of the Report:

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In conclusion, the Leisure Travel Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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