Press release
Leading Element Driving Change in the Religious Tourism Market in 2025: The Impact Of Growing Interest In Spirituality And Wellbeing On The Religious Tourism Market Driver
What industry-specific factors are fueling the growth of the religious tourism market?The accelerating interest in spirituality and wellbeing is anticipated to boost the expansion of the religious tourism market in the future. Spirituality and wellbeing embody the holistic melding of physical, mental, and emotional health, along with a sense of purpose, connection, and inner tranquility. The mounting appeal of spirituality and well-being can be traced back to diverse elements such as mental perks, health-oriented behaviors, social bonds, and eudaimonic wellbeing. Religious tourism amplifies spirituality and wellbeing by enabling individuals to partake in substantial spiritual practices, acquire profound comprehension of their faith, and undergo inner tranquility and personal enhancement via sacred travels and pilgrimages. For instance, in 2022, as per the US Department of State, a US-situated agency, it was cited that 46.2% of the population in England and Wales affiliate themselves as Christians. Of the remaining populace, 6.5% identify as Muslims, 1.7% as Hindus, 0.9% as Sikhs, 0.5% as Jews, and 0.5% as Buddhists. Consequently, the ascending interest in spirituality and wellbeing has fueled the expansion of the religious tourism market.
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What Is the projected market size and growth rate for the religious tourism market?
The market size of religious tourism has seen a robust expansion of late. It is projected to escalate from $174.98 billion in 2024 to $190.53 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.9%. The historical growth has been driven by growth in the number of spiritual consumers, an increasing curiosity about religious heritage and pilgrimage locations, the broadening of services in the religious tourism infrastructure, governmental initiatives and marketing strategies, as well as an uptick in disposable income.
The market size of religious tourism is predicted to witness significant expansion in the upcoming years. It is projected to reach $263.96 billion in 2029, showcasing a compound annual growth rate (CAGR) of 8.5%. The growth for the forecasted period can be chalked up to increasing inclination towards spirituality and wellness, uptick in global travel, growing knowledge among consumers regarding affordable travel destinations, population boom, and escalated demand for customised faith-oriented travel packages and excursions. The major trends for the forecast period involve improvements in travel infrastructure and connectivity, incorporation of technology into religious tourism experiences, sustainable tourism activities, new product introductions, and proliferation of online booking platforms.
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What new trends are reshaping the religious tourism market and its opportunities?
Major firms in the religious tourism market are concentrating their efforts on creating inventive solutions like spiritual tourism platforms. These platforms offer all-inclusive travel planning and booking services, coupled with personalized spiritual experiences tailored to the unique requirements of religious journeyers. Spiritual tourism platforms are essentially specialized services or portals that enable travel experiences centred on spiritual growth, wellness, and a connection to tranquil or sacred settings. For example, EaseMyTrip, a travel company based in India, inaugurated the EasyDarshan platform in October 2023. This platform is solely dedicated to spiritual tourism in India and provides carefully selected pilgrimage packages to sacred sites such as temples, gurudwaras, churches, and mosques. This platform makes travel planning easier by taking care of transportation, accommodation, guided tours, and special pujas. The platform offers a variety of destinations, from peaceful southern temples to tranquil Himalayan shrines, and places a high emphasis on safety and cleanliness, ensuring all journeyers have convenient and safe spiritual travels.
What major market segments define the scope and growth of the religious tourism market?
The religious tourismmarket covered in this report is segmented -
1) By Type: Domestic, International
2) By Religion Type: Buddhism, Catholicism, Confucianism, Hinduism, Islam, Other Religion Types
3) By Age Group: Below 30 Years, 30-40 Years, 40-50 Years, Above 50 Years
4) By Sales Channel: Offline, Online
Subsegments:
1) Domestic: Pilgrimages Within The Country, Local Religious Festivals, Spiritual Retreats
2) International: Global Pilgrimages, International Religious Festivals, Cross-Border Spiritual Tours
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What regions are leading the charge in the religious tourism market?
Middle East was the largest region in the religious tourism market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the religious tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the religious tourism industry growth?
Major companies operating in the religious tourism market are Booking Holdings Inc., Expedia Group, Frosch International Travel, Insight Vacations Inc, Viator Inc., Travel Leaders Group, Kesari Tours Pvt Ltd., Collette Travel Service Inc., Exoticca, Corporate Travel Management Ltd., G Adventures Inc., Odynovo Tours, Trafalgar, AAA Travel, Gil Travel Group, Holy Voyages Pvt Ltd., JTB Americas Group, Ovation Travel Group, Heritage Tours & Travels LLC, Holy Land Tours
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What Is Covered In The Religious Tourism Global Market Report?
•Market Size Forecast: Examine the religious tourism market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the religious tourism market for a structured understanding.
•Key Players Overview: Analyze major players in the religious tourism market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the religious tourism market.
•Segment Contributions: Evaluate how different segments drive overall growth in the religious tourism market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the religious tourism market.
•Industry Challenges: Identify potential risks and obstacles affecting the religious tourism market.
•Competitive Landscape: Review strategic developments in the religious tourism market, including expansions, agreements, and new product launches.
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