Journey Tourism Market Dynamics
Market Driver: The rising disposable incomes amongst customers throughout the globe are anticipated to affect the market development positively in the course of the forecast interval. In line with the OECD, family disposable revenue has elevated in all developed and growing international locations since 2018. Thus, in keeping with the information printed by the Division of Commerce, the US is projected to welcome 95.5 million worldwide guests yearly by 2023. Such will enhance the demand for luxurious journey to totally different locations the world over, which, in flip, will foster market development in the course of the forecast interval.
Market Problem: The low penetration price in growing economies is among the most important components more likely to hinder market development within the forthcoming years. Distributors of journey tourism largely give attention to tier 1 cities as they’ve a restricted presence in tier 2 and tier 3 cities. As well as, people from growing international locations have interaction in outside leisure actions just for health and different well being wants. The phenomenon of solo journey can also be at a nascent stage in growing areas comparable to MEA. Such components could restrict the market development in the course of the forecast years.
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Journey Tourism Market Vendor Panorama
The market is fragmented, and the diploma of fragmentation will speed up in the course of the forecast interval. Key gamers within the international journey tourism market have relied on methods comparable to product launches and enterprise enlargement to increase their market share and keep related within the international journey tourism market.
To profit from the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
We offer an in depth evaluation of round 25 distributors working within the Journey Tourism Market, together with a few of the distributors comparable to distributors Backed with aggressive intelligence and benchmarking, our analysis reviews on the journey tourism market are designed to offer entry help, buyer profile and M&As in addition to go-to-market technique help.
The market gamers are profusely engaged on product developments with plans of launching new journey locations to make sure market development. As an illustration, in January 2020, Austin Adventures, a pioneer multisport and household journey journey firm, provided eighty-plus journeys throughout all seven continents, together with a visit for each month in a 12 months
Prime Journey Tourism Market Gamers are:
- Abercrombie and Kent USA LLC
- Austin Adventures
- BikeHike Adventures Inc.
- BOUNDLESS JOURNEYS
- Butterfield and Robinson Inc.
- Exodus Travels Ltd.
- Discover Worldwide Ltd.
- G Adventures
- Geographic Expeditions Inc.
- Intrepid Group
- Kensington Excursions Ltd.
- Lindblad Expeditions Holdings Inc.
- MT Sobek
- Passages Unique Expeditions Ltd
- Leisure Tools Inc.
- ROW Adventures
- The Walt Disney Co.
- Trafalgar Excursions Pty Ltd
- Travelopia
- TUI AG
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Journey Tourism Market Segmentation
- Sort
- Home Journey Tourism
- Worldwide Journey Tourism
- Geographic
- Europe
- APAC
- North America
- South America
- Center East And Africa
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Journey Tourism Market Scope
Technavio presents an in depth image of the market by the way in which of examine, synthesis, and summation of information from a number of sources. Our journey tourism market report covers the next areas:
Journey Tourism Market Ceaselessly Requested Questions
- Which is the most recent market pattern taking the market by the storm?
- What are a few of the most influential market drivers, restraints, and alternatives (DROs)?
- What are the historic and projected income values and CAGR proportion?
- Which strategic initiatives will affect aggressive situations and outline the market development potential?
- Which areas & segments will garner huge income and emerge as market leaders in upcoming years?
- Who’re the highest market share contributors and their newest organizational restructuring plans?
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Associated Experiences:
Culinary Tourism Market by Type and Geography – Forecast and Analysis 2021-2025
Journey Tourism Market Scope |
|
Report Protection |
Particulars |
Web page quantity |
120 |
Base 12 months |
2021 |
Forecast interval |
2022-2026 |
Progress momentum & CAGR |
Speed up at a CAGR of 38.87% |
Market development 2022-2026 |
$ 2.50 tn |
Market construction |
Fragmented |
YoY development (%) |
24.26 |
Regional evaluation |
Europe, APAC, North America, South America, and Center East and Africa |
Performing market contribution |
APAC at 31% |
Key shopper international locations |
US, China, Japan, Germany, Italy, US, China, Japan, Germany, and Italy |
Aggressive panorama |
Main firms, aggressive methods, shopper engagement scope |
Corporations profiled |
Abercrombie and Kent USA LLC, Austin Adventures, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Exodus Travels Ltd., Discover Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group, Kensington Excursions Ltd., Lindblad Expeditions Holdings Inc., MT Sobek, Passages Unique Expeditions Ltd, Leisure Tools Inc., ROW Adventures, The Walt Disney Co., Trafalgar Excursions Pty Ltd, Travelopia, and TUI AG |
Market Dynamics |
Dad or mum market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing section evaluation, COVID 19 affect and future shopper dynamics, market situation evaluation for the forecast interval, |
Customization purview |
If our report has not included the information that you’re in search of, you’ll be able to attain out to our analysts and get segments custom-made. |
Desk Of Contents :
1 Government Abstract
- 1.1 Market overview
- Exhibit 01: Government Abstract – Chart on Market Overview
- Exhibit 02: Government Abstract – Knowledge Desk on Market Overview
- Exhibit 03: Government Abstract – Chart on World Market Traits
- Exhibit 04: Government Abstract – Chart on Market by Geography
- Exhibit 05: Government Abstract – Chart on Market Segmentation by Sort
- Exhibit 06: Government Abstract – Chart on Market Segmentation by Supply
- Exhibit 07: Government Abstract – Chart on Incremental Progress
- Exhibit 08: Government Abstract – Knowledge Desk on Incremental Progress
- Exhibit 09: Government Abstract – Chart on Vendor Market Positioning
2 Market Panorama
- 2.1 Market ecosystem
- Exhibit 10: Dad or mum market
- Exhibit 11: Market Traits
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Choices of distributors included out there definition
- 3.2 Market section evaluation
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on World – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 15: Knowledge Desk on World – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 16: Chart on World Market: Yr-over-year development 2021-2026 (%)
- Exhibit 17: Knowledge Desk on World Market: Yr-over-year development 2021-2026 (%)
4 5 Forces Evaluation
- 4.1 5 forces abstract
- Exhibit 18: 5 forces evaluation – Comparability between2021 and 2026
- 4.2 Bargaining energy of consumers
- Exhibit 19: Chart on Bargaining energy of consumers – Impression of key components 2021 and 2026
- 4.3 Bargaining energy of suppliers
- Exhibit 20: Bargaining energy of suppliers – Impression of key components in 2021 and 2026
- 4.4 Menace of latest entrants
- Exhibit 21: Menace of latest entrants – Impression of key components in 2021 and 2026
- 4.5 Menace of substitutes
- Exhibit 22: Menace of substitutes – Impression of key components in 2021 and 2026
- 4.6 Menace of rivalry
- Exhibit 23: Menace of rivalry – Impression of key components in 2021 and 2026
- 4.7 Market situation
- Exhibit 24: Chart on Market situation – 5 forces 2021 and 2026
5 Market Segmentation by Sort
- 5.1 Market segments
- Exhibit 25: Chart on Sort – Market share 2021-2026 (%)
- Exhibit 26: Knowledge Desk on Sort – Market share 2021-2026 (%)
- 5.2 Comparability by Sort
- Exhibit 27: Chart on Comparability by Sort
- Exhibit 28: Knowledge Desk on Comparability by Sort
- 5.3 Home journey tourism – Market dimension and forecast 2021-2026
- Exhibit 29: Chart on Home journey tourism – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 30: Knowledge Desk on Home journey tourism – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 31: Chart on Home journey tourism – Yr-over-year development 2021-2026 (%)
- Exhibit 32: Knowledge Desk on Home journey tourism – Yr-over-year development 2021-2026 (%)
- 5.4 Worldwide journey tourism – Market dimension and forecast 2021-2026
- Exhibit 33: Chart on Worldwide journey tourism – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 34: Knowledge Desk on Worldwide journey tourism – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 35: Chart on Worldwide journey tourism – Yr-over-year development 2021-2026 (%)
- Exhibit 36: Knowledge Desk on Worldwide journey tourism – Yr-over-year development 2021-2026 (%)
- 5.5 Market alternative by Sort
- Exhibit 37: Market alternative by Sort ($ billion)
6 Market Segmentation by Supply
- 6.1 Market segments
- Exhibit 38: Chart on Supply – Market share 2021-2026 (%)
- Exhibit 39: Knowledge Desk on Supply – Market share 2021-2026 (%)
- 6.2 Comparability by Supply
- Exhibit 40: Chart on Comparability by Supply
- Exhibit 41: Knowledge Desk on Comparability by Supply
- 6.3 Oblique contribution – Market dimension and forecast 2021-2026
- Exhibit 42: Chart on Oblique contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 43: Knowledge Desk on Oblique contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on Oblique contribution – Yr-over-year development 2021-2026 (%)
- Exhibit 45: Knowledge Desk on Oblique contribution – Yr-over-year development 2021-2026 (%)
- 6.4 Direct contribution – Market dimension and forecast 2021-2026
- Exhibit 46: Chart on Direct contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 47: Knowledge Desk on Direct contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Direct contribution – Yr-over-year development 2021-2026 (%)
- Exhibit 49: Knowledge Desk on Direct contribution – Yr-over-year development 2021-2026 (%)
- 6.5 Induced contribution – Market dimension and forecast 2021-2026
- Exhibit 50: Chart on Induced contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 51: Knowledge Desk on Induced contribution – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on Induced contribution – Yr-over-year development 2021-2026 (%)
- Exhibit 53: Knowledge Desk on Induced contribution – Yr-over-year development 2021-2026 (%)
- 6.6 Market alternative by Supply
- Exhibit 54: Market alternative by Supply ($ billion)
7 Buyer Panorama
- 7.1 Buyer panorama overview
- Exhibit 55: Evaluation of worth sensitivity, lifecycle, buyer buy basket, adoption charges, and buy standards
8 Geographic Panorama
- 8.1 Geographic segmentation
- Exhibit 56: Chart on Market share by geography 2021-2026 (%)
- Exhibit 57: Knowledge Desk on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparability
- Exhibit 58: Chart on Geographic comparability
- Exhibit 59: Knowledge Desk on Geographic comparability
- 8.3 Europe – Market dimension and forecast 2021-2026
- Exhibit 60: Chart on Europe – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 61: Knowledge Desk on Europe – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 62: Chart on Europe – Yr-over-year development 2021-2026 (%)
- Exhibit 63: Knowledge Desk on Europe – Yr-over-year development 2021-2026 (%)
- 8.4 APAC – Market dimension and forecast 2021-2026
- Exhibit 64: Chart on APAC – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 65: Knowledge Desk on APAC – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 66: Chart on APAC – Yr-over-year development 2021-2026 (%)
- Exhibit 67: Knowledge Desk on APAC – Yr-over-year development 2021-2026 (%)
- 8.5 North America – Market dimension and forecast 2021-2026
- Exhibit 68: Chart on North America – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 69: Knowledge Desk on North America – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 70: Chart on North America – Yr-over-year development 2021-2026 (%)
- Exhibit 71: Knowledge Desk on North America – Yr-over-year development 2021-2026 (%)
- 8.6 South America – Market dimension and forecast 2021-2026
- Exhibit 72: Chart on South America – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 73: Knowledge Desk on South America – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 74: Chart on South America – Yr-over-year development 2021-2026 (%)
- Exhibit 75: Knowledge Desk on South America – Yr-over-year development 2021-2026 (%)
- 8.7 Center East and Africa – Market dimension and forecast 2021-2026
- Exhibit 76: Chart on Center East and Africa – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 77: Knowledge Desk on Center East and Africa – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 78: Chart on Center East and Africa – Yr-over-year development 2021-2026 (%)
- Exhibit 79: Knowledge Desk on Center East and Africa – Yr-over-year development 2021-2026 (%)
- 8.8 US – Market dimension and forecast 2021-2026
- Exhibit 80: Chart on US – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 81: Knowledge Desk on US – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 82: Chart on US – Yr-over-year development 2021-2026 (%)
- Exhibit 83: Knowledge Desk on US – Yr-over-year development 2021-2026 (%)
- 8.9 China – Market dimension and forecast 2021-2026
- Exhibit 84: Chart on China – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 85: Knowledge Desk on China – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 86: Chart on China – Yr-over-year development 2021-2026 (%)
- Exhibit 87: Knowledge Desk on China – Yr-over-year development 2021-2026 (%)
- 8.10 Germany – Market dimension and forecast 2021-2026
- Exhibit 88: Chart on Germany – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 89: Knowledge Desk on Germany – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 90: Chart on Germany – Yr-over-year development 2021-2026 (%)
- Exhibit 91: Knowledge Desk on Germany – Yr-over-year development 2021-2026 (%)
- 8.11 Italy – Market dimension and forecast 2021-2026
- Exhibit 92: Chart on Italy – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 93: Knowledge Desk on Italy – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 94: Chart on Italy – Yr-over-year development 2021-2026 (%)
- Exhibit 95: Knowledge Desk on Italy – Yr-over-year development 2021-2026 (%)
- 8.12 Japan – Market dimension and forecast 2021-2026
- Exhibit 96: Chart on Japan – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 97: Knowledge Desk on Japan – Market dimension and forecast 2021-2026 ($ billion)
- Exhibit 98: Chart on Japan – Yr-over-year development 2021-2026 (%)
- Exhibit 99: Knowledge Desk on Japan – Yr-over-year development 2021-2026 (%)
- 8.13 Market alternative by geography
- Exhibit 100: Market alternative by geography ($ billion)
9 Drivers, Challenges, and Tendencies
- 9.3 Impression of drivers and challenges
- Exhibit 101: Impression of drivers and challenges in 2021 and 2026
10 Vendor Panorama
- 10.2 Vendor panorama
- Exhibit 102: Overview on Criticality of inputs and Components of differentiation
- 10.3 Panorama disruption
- Exhibit 103: Overview on components of disruption
- 10.4 Trade dangers
- Exhibit 104: Impression of key dangers on enterprise
11 Vendor Evaluation
- 11.1 Distributors coated
- Exhibit 105: Distributors coated
- 11.2 Market positioning of distributors
- Exhibit 106: Matrix on vendor place and classification
- 11.3 Abercrombie and Kent USA LLC
- Exhibit 107: Abercrombie and Kent USA LLC – Overview
- Exhibit 108: Abercrombie and Kent USA LLC – Product / Service
- Exhibit 109: Abercrombie and Kent USA LLC – Key choices
- 11.4 Austin Adventures
- Exhibit 110: Austin Adventures – Overview
- Exhibit 111: Austin Adventures – Product / Service
- Exhibit 112: Austin Adventures – Key choices
- 11.5 Butterfield and Robinson Inc.
- Exhibit 113: Butterfield and Robinson Inc. – Overview
- Exhibit 114: Butterfield and Robinson Inc. – Product / Service
- Exhibit 115: Butterfield and Robinson Inc. – Key choices
- 11.6 G Adventures
- Exhibit 116: G Adventures – Overview
- Exhibit 117: G Adventures – Product / Service
- Exhibit 118: G Adventures – Key choices
- 11.7 Intrepid Group
- Exhibit 119: Intrepid Group – Overview
- Exhibit 120: Intrepid Group – Product / Service
- Exhibit 121: Intrepid Group – Key choices
- 11.8 Lindblad Expeditions Holdings Inc.
- Exhibit 122: Lindblad Expeditions Holdings Inc. – Overview
- Exhibit 123: Lindblad Expeditions Holdings Inc. – Enterprise segments
- Exhibit 124: Lindblad Expeditions Holdings Inc. – Key choices
- Exhibit 125: Lindblad Expeditions Holdings Inc. – Section focus
- 11.9 MT Sobek
- Exhibit 126: MT Sobek – Overview
- Exhibit 127: MT Sobek – Product / Service
- Exhibit 128: MT Sobek – Key choices
- 11.10 Leisure Tools Inc.
- Exhibit 129: Leisure Tools Inc. – Overview
- Exhibit 130: Leisure Tools Inc. – Product / Service
- Exhibit 131: Leisure Tools Inc. – Key choices
- 11.11 The Walt Disney Co.
- Exhibit 132: The Walt Disney Co. – Overview
- Exhibit 133: The Walt Disney Co. – Enterprise segments
- Exhibit 134: The Walt Disney Co. – Key choices
- Exhibit 135: The Walt Disney Co. – Section focus
- 11.12 TUI AG
- Exhibit 136: TUI AG – Overview
- Exhibit 137: TUI AG – Enterprise segments
- Exhibit 138: TUI AG – Key choices
- Exhibit 139: TUI AG – Section focus
12 Appendix
- 12.2 Inclusions and exclusions guidelines
- Exhibit 140: Inclusions guidelines
- Exhibit 141: Exclusions guidelines
- 12.3 Forex conversion charges for US$
- Exhibit 142: Forex conversion charges for US$
- 12.4 Analysis methodology
- Exhibit 143: Analysis methodology
- Exhibit 144: Validation methods employed for market sizing
- Exhibit 145: Info sources
- 12.5 Listing of abbreviations
- Exhibit 146: Listing of abbreviations
- -By journey sort: Water rides: Embrace a water slide, water pool, water coaster, inflatable floats, pace slide, interior tubing rides, lazy river, and leisure rides;
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