Travel and Tourism Spending Market Size, Share, Analysis, Trends, Growth, 2032
Travel and Tourism Spending Market by Type (Domestic Expenditure and International Expenditure), by Application (Leisure Travel, Business Travel, and Others) by Travel Days (7 Days, 7-15 Days, more than 15 Days): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 204.96 Billion | USD 749.74 Billion | 15.5% | 2023 |
Table Of Content
- Chapter No. 1 Introduction
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. USP & Key Offerings
- 1.2. Key Benefits for Stakehulders
- 1.3. Target Audience
- 1.4. Report Scope
- 1.1. Report Description
- Chapter No. 2 Executive Summary
- 2.1. Key Findings
- 2.1.1. Top Investment Pockets
- 2.1.1.1. Market Attractiveness Analysis, By Type
- 2.1.1.2. Market Attractiveness Analysis, By Application
- 2.1.1.3. Market Attractiveness Analysis, By Travel Days
- 2.1.1.4. Market Attractiveness Analysis, By Region
- 2.1.1. Top Investment Pockets
- 2.2. Market Snapshot
- 2.3. Global Travel and Tourism Spending Market, 2016 – 2028 (USD Million)
- 2.4. Insights from Primary Respondents
- 2.1. Key Findings
- Chapter No. 3 COVID 19 Impact Analysis
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. The Middle-East and Africa
- 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
- 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
- 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
- 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
- 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
- 3.6. Short Term Dynamics
- 3.7. Long Term Dynamics
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- Chapter No. 4 Travel and Tourism Spending Market – Type Segment Analysis
- 4.1. Overview
- 4.1.1. Market Revenue Share, By Type, 2020 & 2028
- 4.1. Overview
- Chapter No. 5 Travel and Tourism Spending Market – Application Segment Analysis
- 5.1. Overview
- 5.1.1. Market Revenue Share, By Application, 2020 & 2028
- 5.1. Overview
- Chapter No. 6 Travel and Tourism Spending Market – Travel Days Segment Analysis
- 6.1. Overview
- 6.1.1. Market Revenue Share, By Travel Days, 2020 & 2028
- 6.1. Overview
- Chapter No. 7 Travel and Tourism Spending Market – Regional Analysis
- 7.1. Overview
- 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
- 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
- 7.2. North America
- 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
- 7.2.2. North America Market Revenue, By Type, 2016 – 2028
- 7.2.3. North America Market Revenue, By Application, 2016 – 2028
- 7.2.4. North America Market Revenue, By Travel Days, 2016 – 2028
- 7.2.5. U.S.
- 7.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
- 7.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
- 7.2.5.3. U.S. Market Revenue, By Travel Days, 2016 – 2028
- 7.2.6. Canada
- 7.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
- 7.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
- 7.2.6.3. Canada Market Revenue, By Travel Days, 2016 – 2028
- 7.2.7. Mexico
- 7.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
- 7.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
- 7.2.7.3. Mexico Market Revenue, By Travel Days, 2016 – 2028
- 7.3. Europe
- 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
- 7.3.2. Europe Market Revenue, By Type, 2016 – 2028
- 7.3.3. Europe Market Revenue, By Application, 2016 – 2028
- 7.3.4. Europe Market Revenue, By Travel Days, 2016 – 2028
- 7.3.5. Germany
- 7.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
- 7.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
- 7.3.5.3. Germany Market Revenue, By Travel Days, 2016 – 2028
- 7.3.6. France
- 7.3.6.1. France Market Revenue, By Type, 2016 – 2028
- 7.3.6.2. France Market Revenue, By Application, 2016 – 2028
- 7.3.6.3. France Market Revenue, By Travel Days, 2016 – 2028
- 7.3.7. U.K.
- 7.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
- 7.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
- 7.3.7.3. U.K. Market Revenue, By Travel Days, 2016 – 2028
- 7.3.8. Italy
- 7.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
- 7.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
- 7.3.8.3. Italy Market Revenue, By Travel Days, 2016 – 2028
- 7.3.9. Spain
- 7.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
- 7.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
- 7.3.9.3. Spain Market Revenue, By Travel Days, 2016 – 2028
- 7.3.10. Rest of Europe
- 7.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
- 7.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
- 7.3.10.3. Rest of Europe Market Revenue, By Travel Days, 2016 – 2028
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
- 7.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
- 7.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
- 7.4.4. Asia Pacific Market Revenue, By Travel Days, 2016 – 2028
- 7.4.5. China
- 7.4.5.1. China Market Revenue, By Type, 2016 – 2028
- 7.4.5.2. China Market Revenue, By Application, 2016 – 2028
- 7.4.5.3. China Market Revenue, By Travel Days, 2016 – 2028
- 7.4.6. Japan
- 7.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
- 7.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
- 7.4.6.3. Japan Market Revenue, By Travel Days, 2016 – 2028
- 7.4.7. India
- 7.4.7.1. India Market Revenue, By Type, 2016 – 2028
- 7.4.7.2. India Market Revenue, By Application, 2016 – 2028
- 7.4.7.3. India Market Revenue, By Travel Days, 2016 – 2028
- 7.4.8. South Korea
- 7.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
- 7.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
- 7.4.8.3. South Korea Market Revenue, By Travel Days, 2016 – 2028
- 7.4.9. South-East Asia
- 7.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
- 7.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
- 7.4.9.3. South-East Asia Market Revenue, By Travel Days, 2016 – 2028
- 7.4.10. Rest of Asia Pacific
- 7.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
- 7.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
- 7.4.10.3. Rest of Asia Pacific Market Revenue, By Travel Days, 2016 – 2028
- 7.5. Latin America
- 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
- 7.5.2. Latin America Market Revenue, By Type, 2016 – 2028
- 7.5.3. Latin America Market Revenue, By Application, 2016 – 2028
- 7.5.4. Latin America Market Revenue, By Travel Days, 2016 – 2028
- 7.5.5. Brazil
- 7.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
- 7.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
- 7.5.5.3. Brazil Market Revenue, By Travel Days, 2016 – 2028
- 7.5.6. Argentina
- 7.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
- 7.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
- 7.5.6.3. Argentina Market Revenue, By Travel Days, 2016 – 2028
- 7.5.7. Rest of Latin America
- 7.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
- 7.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
- 7.5.7.3. Rest of Latin America Market Revenue, By Travel Days, 2016 – 2028
- 7.6. The Middle-East and Africa
- 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
- 7.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
- 7.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
- 7.6.4. The Middle-East and Africa Market Revenue, By Travel Days, 2016 – 2028
- 7.6.5. GCC Countries
- 7.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
- 7.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
- 7.6.5.3. GCC Countries Market Revenue, By Travel Days, 2016 – 2028
- 7.6.6. South Africa
- 7.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
- 7.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
- 7.6.6.3. South Africa Market Revenue, By Travel Days, 2016 – 2028
- 7.6.7. Rest of Middle-East Africa
- 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
- 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
- 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Travel Days, 2016 – 2028
- 7.1. Overview
- Chapter No. 8 Travel and Tourism Spending Market – Industry Analysis
- 8.1. Introduction
- 8.2. Market Drivers
- 8.2.1. Driving Factor 1 Analysis
- 8.2.2. Driving Factor 2 Analysis
- 8.3. Market Restraints
- 8.3.1. Restraining Factor Analysis
- 8.4. Market Opportunities
- 8.4.1. Market Opportunity Analysis
- 8.5. Porter’s Five Forces Analysis
- 8.6. PEST Analysis
- 8.7. Regulatory Landscape
- 8.8. Technology Landscape
- 8.9. Regional Market Trends
- 8.9.1. North America
- 8.9.2. Europe
- 8.9.3. Asia Pacific
- 8.9.4. Latin America
- 8.9.5. The Middle-East and Africa
- 8.10. Pricing Analysis
- 8.11. Value Chain Analysis
- 8.12. Downstream Buyers
- 8.13. Distributors/Traders List
- Chapter No. 9 Competitive Landscape
- 9.1. Company Market Share Analysis – 2019
- 9.1.1. Global Travel and Tourism Spending Market: Company Market Share, 2019
- 9.1.2. Global Travel and Tourism Spending Market, Company Market Revenue, 2016 – 2019 (USD Million)
- 9.1.3. Global Travel and Tourism Spending Market, Company Y-o-Y Growth, 2017 – 2019 (%)
- 9.1.4. Global Travel and Tourism Spending Market: Radar Determinant Chart, 2019
- 9.2. Strategic Developments
- 9.2.1. Acquisitions & Mergers
- 9.2.2. New Product Launch
- 9.2.3. Regional Expansion
- 9.3. Company Strategic Developments – Heat Map Analysis
- 9.1. Company Market Share Analysis – 2019
- Chapter No. 10 Company Profiles
- 10.1. Carnival Corporation
- 10.1.1. Company Overview
- 10.1.2. Key Executives
- 10.1.3. Product Portfolio
- 10.1.4. Financial Overview
- 10.1.5. Operating Business Segments
- 10.1.6. Business Performance
- 10.1.7. Recent Developments
- 10.2. Airbnb
- 10.3. G Adventures
- 10.4. Crown Resorts Ltd.
- 10.5. Hilton Worldwide Huldings Inc.
- 10.1. Carnival Corporation
- Chapter No. 11 Marketing Strategy Analysis
- 11.1. Marketing Channel
- 11.2. Direct Marketing
- 11.3. Indirect Marketing
- 11.4. Marketing Channel Development Trends
- 11.5. Economic/Pulitical Environmental Change
- Chapter No. 12 Research Methodology
- 12.1. Research Methodology
- 12.2. Phase I - Secondary Research
- 12.3. Phase II - Data Modeling
- 12.3.1. Company Share Analysis Model
- 12.3.2. Revenue Based Modeling
- 12.4. Phase III - Primary Research
- 12.5. Research Limitations
- 12.5.1. Assumptions
Table Of Figures
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Travel Days
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Travel and Tourism Spending Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 9. Market Revenue Share, By Travel Days, 2020 & 2028
FIG NO. 10. Global Travel and Tourism Spending Market Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Travel and Tourism Spending Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 12. Porter’s Five Forces Analysis for Global Travel and Tourism Spending Market
FIG NO. 13. PEST Analysis for Global Travel and Tourism Spending Market
FIG NO. 14. Pricing Analysis for Global Travel and Tourism Spending Market
FIG NO. 15. Value Chain Analysis for Global Travel and Tourism Spending Market
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. Carnival Corporation Business Segment Revenue Share, 2020 (%)
FIG NO. 20. Carnival Corporation Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
Table Of Tables
List of Tables
TABLE NO. 1. Global Travel and Tourism Spending Market: Snapshot
TABLE NO. 2. Quarterly Travel and Tourism Spending Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Travel and Tourism Spending Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Travel and Tourism Spending Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 7. North America Travel and Tourism Spending Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 8. North America Travel and Tourism Spending Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 9. North America Travel and Tourism Spending Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 10. North America Travel and Tourism Spending Market Revenue, By Travel Days, 2016 – 2028 (USD Million)
TABLE NO. 11. U.S. Travel and Tourism Spending Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 12. U.S. Travel and Tourism Spending Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 13. U.S. Travel and Tourism Spending Market Revenue, By Travel Days, 2016 – 2028 (USD Million)
TABLE NO. 14. Canada Travel and Tourism Spending Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 15. Canada Travel and Tourism Spending Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 16. Canada Travel and Tourism Spending Market Revenue, By Travel Days, 2016 – 2028 (USD Million)
TABLE NO. 17. Mexico Travel and Tourism Spending Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 18. Mexico Travel and Tourism Spending Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 19. Mexico Travel and Tourism Spending Market Revenue, By Travel Days, 2016 – 2028 (USD Million)
TABLE NO. 20. Drivers for the Travel and Tourism Spending Market: Impact Analysis
TABLE NO. 21. Restraints for the Travel and Tourism Spending Market: Impact Analysis
TABLE NO. 22. Major Buyers of Travel and Tourism Spending
TABLE NO. 23. Distributors/Traders List of Travel and Tourism Spending
TABLE NO. 24. Global Travel and Tourism Spending Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 25. Global Travel and Tourism Spending Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
Methodology
FrequentlyAsked Questions
The global travel and tourism spending market was valued at USD 204.96 Billion in 2023.
The global travel and tourism spending market is expected to reach USD 749.74 Billion by 2032, growing at a CAGR of 15.5% between 2024 to 2032.
Some of the key factors driving the global travel and tourism spending market growth are number of people travelling around the world is also growing owing to factors such as increase in millennial tourists relative to other generations, increased knowledge of travel destinations among youth due to the growth of social networks, and lower air travel costs among others.
The Europe region held a share of 25% in 2020. The number of tourists visiting European countries such as UK, France, Germany and others has swelled up in the past few years and this is expected to boost growth of travel and tourism spending in this region. Rising income and increased availability of affordable package tours can also be expected to augment growth in this region.
Hilton Worldwide Holdings, Accor, Crown Resorts, Airbnb Inc., Carnival Corporation, G Adventures, OYO Rooms, Adris Grupa, TUI Group and Balkan Holidays among others.
RelatedNews
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed