Travel & Tourism - Luxury Tourism is New Trend in Market 2018-2022

Travel & Tourism

Overview

The G8 Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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Major Highlight of the Report

The G8 countries contributed $2,863.1 billion in 2017 to the global travel & tourism industry, with a compound annual growth rate (CAGR) of 2.5% between 2013 and 2017. The G8 countries are expected to reach a value of $3,366.2 billion in 2022, with a CAGR of 3.3% over the 2017-22 period.

 Among the G8 nations, the US is the leading country in the travel & tourism industry, with market revenues of $1,335.5 billion in 2017. This was followed by Japan and the UK, with a value of $475.9 and $267.4 billion, respectively. 

The US is expected to lead the travel & tourism industry in the G8 nations with a value of $1,608.7 billion in 2016, followed by Japan and the UK with expected values of $518.0 and $327.3 billion, respectively.

Travel & Tourism Major Outlook

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 chemicals market 
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 chemicals market 
- Leading company profiles reveal details of key chemicals market players’ G8 operations and financial performance 
- Add weight to presentations and pitches by understanding the future growth prospects of the G8 chemicals market with five year forecasts 
- Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country.

Travel & Tourism - Competitive Analysis

Key players are making innovative developments in Travel & Tourism.  The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector

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This release was published on openPR.