Market Snapshot
The Asia-Pacific business travel market study offers a detailed analysis pertaining to the market dynamics & trends, market size & forecast, country-level outlook, value chain analysis, Porters’ five force analysis, competitive landscape, and market share analysis. Furthermore, the report highlights drivers, restraints, opportunities, and growth strategies adopted by key players to understand the dynamics and potential of the market.
Research Methodology
The research methodology of the Asia-Pacific business travel market involves extensive primary and secondary research. Primary research includes about 12 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research is a bulk of our research efforts, coherently supported by extensive secondary research. Over 2,765 product literatures, annual reports, industry releases, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain an enhanced competitive intelligence. In addition, authentic industry journals, press releases, and government websites have been reviewed to generate high-value industry insights.
Market Segmentation
By Industry
Corporate segment is projected to be the dominating segment throughout the forecast period.
The Asia-Pacific business travel market has been classified into industry, service, traveler. Asia-Pacific business travel market by industry (government, corporate), by service (transportation, food and lodging, recreation), by traveler (group, solo). The country-specific analysis of the Asia-Pacific business travel market has been classified into China, Japan, India, Rest of Asia-Pacific.
Major players
In the company profiles chapter, the report provides detailed profiles of 10 key market players. Company overview, business overview, operating business segments, product portfolio, global footprint, and recent developments are the key aspects included in the company profiles. A comprehensive analysis of the leading and upcoming companies provides a wider preview toward understanding the Asia-Pacific business travel market.
By Service
Food and Lodging segment would witness the fastest growth, registering a CAGR of 9.2% during the forecast period.
COVID-19 scenario analysis
The rapid spread of the coronavirus has had an enormous impact on the lives of people and the overall community. The report provides a brief overview of evolution of the coronavirus. In addition, it includes a micro and macro economic impact analysis. The report further showcases the market size and share depending on the impact of the COVID-19. Moreover, it provides an overview on the impact of COVID-19 on the Asia-Pacific business travel market supply chain. Furthermore, reduction in the count of COVID-affected patients in the coming days with safety majors taken by governments and availability of vaccines are expected to gradually lower the impact of COVID-19 on the Asia-Pacific business travel market. Additionally, the report highlights the key strategies adopted by players during the global health crisis. Hence, the report provides an overview of pre- as well as post-COVID-19 impact analyses.
The key questions answered from the report are provided below:
Which are different sub-segments across various countries?
What are the driving factors, restraints, and opportunities of the market?
How the current trends and dynamics shape the growth of the Asia-Pacific business travel market?
What is the impact of current challenges on the market growth in the coming future?
Which are the leading players active in the Asia-Pacific business travel market?
What are the projections for future that would help in taking further strategic steps?
ASIA-PACIFIC BUSINESS TRAVEL MARKET REVENUE
Graph for representation purpose only
Asia-Pacific Business Travel Market Report Highlights
| Aspects | Details |
 By INDUSTRY |
|
 By SERVICE |
|
 By TRAVELER |
|
 By Country |
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