Press release
2025 Religious Tourism Market Outlook: Key Indicators Shaping Growth Through 2034
Religious Tourism
What Will the Religious Tourism Industry Market Size Be by 2025?
In recent times, the religious tourism market has seen robust growth. It is projected to escalate from $174.98 billion in 2024 to $190.53 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.9%. The substantial expansion over the historical period can be accredited to the surge in spiritual consumers, amplified interest in religious heritage and holy sites, the development of services for religious tourism infrastructure, governmental efforts and promotional campaigns, and an increase in disposable income.
What's the Long-Term Growth Forecast for the Religious Tourism Market Size Through 2029?
The faith-based tourism sector is forecasted to witness a robust expansion in its market size in the upcoming years. By 2029, it is anticipated to swell to $263.96 billion, boasting a compound annual growth rate (CAGR) of 8.5%. Factors contributing to this projected growth during the forecast period include an increased fascination with spirituality and wellness, greater accessibility to international travel, enhanced consumer awareness about affordable air travel options and various spiritual travel locations, population uptick, as well as increased demand for tailored faith-centric travel packages and tours. Notable trends during this period comprise improvements in transport infrastructure, enhancement in connectivity, infusion of technology into faith-based travel experiences, emphasis on sustainable tourism practices, launch of new products, and the proliferation of online booking systems.
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What Are the Key Growth Drivers Fueling the Religious Tourism Market Expansion?
The increased interest in spirituality and wellbeing is predicted to stimulate the expansion of the religious tourism market in the future. Spirituality and wellbeing embody a thorough blend of physical, psychological, and emotional health, alongside a sense of purpose, connection, and inner tranquility. The rising fame of spirituality and wellbeing is driven by numerous factors including psychological benefits, health-related behaviors, social connections, and eudaimonic wellbeing. Engaging in significant spiritual practices, gaining profound understandings of their faith, and achieving inner tranquility and personal growth through sacred journeys and pilgrimages, religious tourism improves spirituality and wellbeing. For instance, the United States Department of State, a US-based agency, reported in 2022 that 46.2% of England and Wales' population identifies as Christian. Of the remaining population, 6.5% categorize themselves as Muslim, 1.7% as Hindu, 0.9% as Sikh, 0.5% as Jewish, and 0.5% as Buddhist. Therefore, the increased interest in spirituality and wellbeing is influential in driving the expansion of the religious tourism market.
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What Are the Key Trends Driving Religious Tourism Market Growth?
Key players in the religious tourism sector are concentrating their efforts on creating unique offerings like spiritual tourism platforms. These platforms aim to fulfil the requirements of religious travelers by offering extensive travel planning, booking facilities, and individualized spiritual experiences. They specialize in promoting travel opportunities centered around spiritual progression, personal wellbeing, and affiliation to sacred or peaceful locations. One such example is the EasyDarshan platform, established by EaseMyTrip, an Indian travel firm, in October 2023. EasyDarshan is a platform expressly for spiritual tourism in India, furnishing meticulously crafted pilgrimage packages to numerous highly respected locations like temples, gurudwaras, churches, and mosques. The platform provides easy-to-understand travel logistics including transportation, accommodation, guided excursions, and exclusive religious ceremonies. The platform showcases a variety of destinations, ranging from peaceful southern temples to soothing shrines in the Himalayas, with a focus on safety and cleanliness to ensure an effortless and secure spiritual journey for all its customers.
How Is the Religious Tourism Market Segmented?
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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Which Companies Are Leading the Charge in Religious Tourism Market Innovation?
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
Which Regions Are Leading the Global Religious Tourism Market in Revenue?
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.
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