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Travel Agencies Market by Major Key Players,Competitive landscape and Forecast to 2031

03-04-2025 09:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: GlobaI Info Research

/ PR Agency: caimingxi@qyresearch.com
Travel Agencies Market by Major Key Players,Competitive

On 2025-3-4 Global Info Research released【Global Travel Agencies Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031】. This report includes an overview of the development of the Travel Agencies industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Travel Agencies.

According to our (Global Info Research) latest study, the global Travel Agencies market size was valued at US$ 222130 million in 2024 and is forecast to a readjusted size of USD 439580 million by 2031 with a CAGR of 9.6% during review period.

A travel agency is a private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours.

Main players of travel agencies market are Booking Holdings Inc., Expedia Group Inc. and Trip.com Group Limited. Geographically speaking, USA holds over 25% of total market share, followed by Europe with over 20% share. In terms of type, international and domestic airline bookings segment and tour and packaged travel bookings segment holds about a half of global market share in total. In terms of sales channel, online segment holds a dominant share of over 85%.

The market drivers of travel agencies mainly include the following aspects:
1. Growth and diversification of consumer demand
With the improvement of living standards and the change of leisure concepts, more and more consumers are beginning to pursue travel experiences, which directly promotes the growth of the travel agency market. At the same time, consumers' travel needs are becoming increasingly diversified, from traditional sightseeing tours to today's customized tours, theme tours, eco-tourism, etc. These diversified demands provide travel agencies with new market opportunities.

2. Policy support and industry development
The government's attention and support for the tourism industry is an important driving force for the development of the travel agency market.

For example, a series of policies issued by the state, such as the "14th Five-Year Plan for the Development of the Tourism Industry" and the Ministry of Culture and Tourism's opinions on promoting the high-quality development of the online tourism market, are actively promoting the innovative development of the tourism industry and providing a good policy environment for travel agencies. In addition, with the standardized development of the tourism market, the compliance operation and service quality of travel agencies have also been further improved, thereby enhancing market competitiveness.

3. Technological progress and digital transformation
Scientific and technological progress, especially the application of technologies such as the Internet, big data, and artificial intelligence, provide travel agencies with more efficient and convenient service means. Through digital transformation, travel agencies can better understand consumer needs and provide personalized tourism products and services. At the same time, the application of technologies such as online booking, smart guides, and virtual reality has also enhanced consumers' travel experience and further promoted the development of the travel agency market.

4. Resource integration and innovation in cooperation models
Travel agencies can provide consumers with better quality travel products and services by integrating tourism resources and establishing close relationships with partners such as airlines, hotels, and scenic spots. In addition, travel agencies are constantly exploring new cooperation models, such as cooperating with online travel platforms and conducting cross-border marketing. These innovative cooperation models have brought new market opportunities and growth points to travel agencies.

5. Relaxation of entry and exit policies and recovery of international tourism
With the improvement of the global epidemic situation and the relaxation of entry and exit policies, the international tourism market has gradually recovered. This provides travel agencies with opportunities to expand international markets and increase sources of income. At the same time, the recovery of international tourism has also driven the prosperity of the domestic tourism market, providing travel agencies with a broader space for development.

In summary, the driving factors of the travel agency market mainly include the growth and diversification of consumer demand, policy support and industry development, scientific and technological progress and digital transformation, resource integration and innovation of cooperation models, and the relaxation of entry and exit policies and the recovery of international tourism. These factors have jointly promoted the rapid development and transformation of the travel agency market.

This report is a detailed and comprehensive analysis for global Travel Agencies market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application.

As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Sample Report Request Travel Agencies
https://www.globalinforesearch.com/reports/2391937/travel-agencies

Market segment by Type: International and Domestic Airline Bookings、Tour and Packaged Travel Bookings、Accommodation Bookings、Cruise Bookings、Car Rental、Others

Market segment by Application:Online、Offline

Major players covered: Booking Holdings Inc.、Expedia Group Inc.、Trip.com Group Limited、Tripadvisor, Inc.、Trivago NV、eDreams、Odigeo、Despegar、MakeMyTrip Limited、Webjet Limited、Priceline、TUI Group

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Travel Agencies product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Travel Agencies, with price, sales, revenue and global market share of Travel Agencies from 2020 to 2025.

Chapter 3, the Travel Agencies competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Travel Agencies breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and Travel Agencies market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Travel Agencies.

Chapter 14 and 15, to describe Travel Agencies sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.

Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.

Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;

Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.

Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

About Us:

GlobaI Info Research

Web: https://www.globalinforesearch.com

CN: 0086-176 6505 2062

HK: 00852-58030175

US: 001-347 966 1888

Email: report@globalinforesearch.com

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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