Press release
India Travel & Tourism Market 2025: Industry to Reach USD 38.12 Billion by 2033, At a CAGR of 6.10%
According to IMARC Group's report titled "India Travel & Tourism Market Size, Share, Trends and Forecast by Type, Service Offering, Purpose of Visit, Booking Type, and Region, 2025-2033", the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
How Big is the India Travel & Tourism Industry ?
The India travel & tourism market was valued at USD 22.47 Billion in 2024 and is projected to grow to USD 38.12 Billion by 2033, with an expected compound annual growth rate (CAGR) of 6.10% from 2025 to 2033.
India Travel & Tourism Market Trends:
The India travel and tourism market is developing dynamic trends that are influenced by changing consumer behavior and improvements in technology. First, domestic tourism is booming. Travelers are increasingly visiting non-traditional locations within states or union territories like Himachal Pradesh, Kerala, or Rajasthan because of an increased interest in culture and adventure. Second, sustainable tourism is emerging as a central focus. Eco-friendly hotels and responsible tourism practices have become key priorities for the tourism operator and traveler alike. Third, digital transformation is a big trend, with online booking sites, virtual tours, and AI travel assistants providing convenience and customized experiences.
Fourth, experiential travel, which include culinary tours, wellness retreats, or heritage walks, demonstrate a cultural shift away from traditional sightseeing activities and towards immersive experiences. Finally, the government's initiatives to develop tourism in India (e.g., e-visa systems, and infrastructural development) and revenues generated by the recovery from the pandemic has generated considerable consumer demand for almost all types of travel, including last-minute bookings, flexible itineraries, and fully customizable trips. Social media is also increasingly influencing traveler behavior - with platforms like Instagram and YouTube encouraging travelers to find India's hidden gems. This report illustrates the extent to which the India travel and tourism market is changing and adapting to distinctive traveler needs while promoting innovation and sustainability.
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India Travel & Tourism Market Scope and Growth Analysis:
The travel and tourism market in India has significant potential for growth because of its vast cultural heritage, geographic diversity, and evolving infrastructure. The travel and tourism sector is considered an economic driver because of job creation and economic development for regions. With growing disposable income levels and a growing middle class, travel within the country is a factor driving more travel demand in India. International visitors are visiting India because of several identified international tourist destinations (hotels, airlines, spiritual locations, and iconic landmarks), festivals, and local experiences. We also mention several government policies like the "Dekho Apna Desh" campaign and airport expansion investment that encourage growth.
If the hospitality sector needs more cooperative structures in community settings, we will also observe growing boutique hotels, homestays, and low-cost accommodation. In addition, technology is impacting the travel and tourism sector - mobile payments with contactless payments, AI input in hospitality customer service, or how ride-sharing apps inform ethical consumer behavior. These engagements with technology and millennials have increased their experience and engagement. Growth in niche areas (medical tourism, MICE, and rural tourism) meet changing segments and demands. The India travel and tourism market will also grow with expansive public-private partnerships capable of introducing economic development outcomes while focusing on sustainable practices, which ultimately brings growth and great opportunities for participants throughout the value chain.
India Travel & Tourism Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India travel & tourism market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Type Insights:
• Domestic
• Inbound
• Outbound
Service Offering Insights:
• Ticket Reservation
• Hotel Booking
• Holiday/Tour Packages
• Others
Purpose of Visit Insights:
• Business
• Leisure and Recreation
• Education
• Medical
• Social Activity
• Others
Booking Type Insights:
• Travel Companies
• Travel Agencies
• Online
• Others
Regional Insights:
• North India
• South India
• East India
• West India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=29758&flag=C
Other Key Points Covered in the Report:
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development
Explore More Reports & Get Your Free Sample Now!
• India LED Chip Market: https://www.imarcgroup.com/india-led-chip-market/requestsample
• India Bathroom Accessories Market: https://www.imarcgroup.com/india-bathroom-accessories-market/requestsample
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group
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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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