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Leisure Travel Market by Traveler Type (Solo and Group), Sales Channel (Conventional Channels and Online Channels), and Age Group (Baby Boomers, Generation X, Millennials, and Generation Z): Global Opportunity Analysis and Industry Forecast, 2019-2026

CO_196188
Pages: 241
Nov 2019 | 260 Views
 
Author(s) : Himanshu Vig , Roshan Deshmukh
Tables: 119
Charts: 46
 

Leisure Travel Market Outlook - 2026

The leisure travel market size was valued at $ 953.9 billion in 2018, and is expected to reach $ 1,464.3 billion by 2026, registering a CAGR of 5.6% from 2019 to 2026. By traveler type, the group segment garnered the highest leisure travel market share in 2018 and is expected to retain its dominance throughout the forecast period.

Last decade experienced an exponential growth in outbound travelers with the number of international travelers across the globe crossing over 1.4 billion departures in 2018. A major share of departures are from emerging countries travelling for the very first time, spending billions of dollars, and augmenting the growth of the travel economy. Leisure travel industry is projected to outpace global GDP growth and is estimated to grow with a CAGR of 5.6% during the forecast period.

The leisure travel economy comprises well-entrenched biosphere of industries including but not limited to logistics, accommodation, food, retail, recreation and other tourism services Companies, large and small in associated industries continuously strive to create experiences by bringing people together, supporting communities, and boosting economics of a country. Substantial investment on tourism have multiplier effects in the expansion of economy including infrastructure development, stimulating private investment, aggregate demand, and jobs. Tourism offers direct and indirect aid to a nation’s economy; therefore, it has experienced remarkable growth in the past few years and garnered the attention of tourism development experts, policy makers, and industry leaders, especially in the developing regions of Asia-Pacific and Africa.

Leisure Travel Market

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Recent years have witnessed a paradigm shift toward experience rather than goods. Spending on consumer durables, apparels have faltered while, experiential spending on recreation, travel, and eating have seen rapid growth. As a result, travel is outpacing the demand for goods. The trend is in sync with growing number of global outbound tourists in the last few years. The robust growth is expected to continue in the estimated future, driven primarily by the expansion of low cost airlines, government initiatives, and technological advancements.

While expansion in the tourism industry has led to creation of jobs, a proliferation of tour operators, and increased ease in booking accommodation, logistics and services, the growth has its own set of unique challenges-economic slowdown, infrastructure, and political tensions, among other.

The global leisure travel market is segmented into traveler type, sales channel, age group, and region. Depending on traveler type, the market is bifurcated into solo and group. Based on sales channel the global market is studied across conventional channels, online channels. The report also gives insights on market by age group that includes baby boomers, generation X, Millennials and Generation- Z. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA

Leisure Travel Market
By Traveler Type

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The solo travel segment would witness the fastest growth, registering a CAGR of 6.9% during the forecast.

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Based on traveler type, the global leisure travel market is segmented into solo and group. Group travelers constitute a major market share; however, the solo segment is projected to experience growth at the highest CAGR during the forecast period. There has been a significant increase in people who want to travel solo, which encouraged engaged stakeholders in the industry to felicitate not only group traveler but solo traveler as well. Nowadays people are more likely to travel solo owing to new experience, exploring new cultures, self-reflection and getting a sense of empowerment.

Leisure Travel Market
By Sales Channel

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Online Channels segment would witness the fastest growth, registering a CAGR of 6.0% during the forecast period.

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Based on sales channel, the leisure travel market is classified into conventional channels and online channels. Online channel leads in terms of market share and is expected to continue to grow with robust CAGR during the forecast period. Use of AI, big data analytics, and IoT in operation optimizations for web-based bookings, are projected to augment the leisure travel market growth providing seamless customer experience. 

Leisure Travel Market
By Age Group

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Generation X are the largest market growing at a CAGR of 5.2% from 2019-2026.

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By age group, the Generation X segment dominated the global leisure travel market and is expected to retain its dominance during the forecast period. However, the millennials segment is anticipated to garner significant market growth during the upcoming years. Millennials are constantly drifting toward a search for uncommon destinations to gather unique experience. In addition, learning and gaining knowledge about different cultures and traditions remains the most influencing factor while choosing destinations for millennials. Millennials are tech-savvy and influential buyers and technology profoundly influences them.

The report focuses on the growth prospects, restraints, and opportunities of the global market. The study provides Porters five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the leisure travel market.

Some of the key players in the leisure travel market includes Expedia Group, Priceline Group, Carlson Wagonlit Travel, JTB Americas Group, World Travel, Inc., American Express Travel, Travel Leaders Group, TUI Group., Thomas Cook (India) Limited and Cox & Kings Ltd.

Leisure Travel Market
By Region

2026
Asia-Pacific 
North America
Europe
LAMEA

Asia-Pacific dominated the global leisure travel market and is expected to retain its dominance throughout the forecast peiod.

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Key Benefits for Leisure Travel Market :

  • The leisure travel report provides an extensive analysis of the current and emerging trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current leisure travel market trends and future estimations that help evaluate the prevailing opportunities in the market.
  • Leisure travel market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The leisure travel market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Leisure Travel Market Segments:

By Type

  • Solo
  • Group

By Sales Channel 

  • Conventional Channels
  • Online Channels

By Age Group

  • Baby Boomers
  • Generation X
  • Millennials
  • Generation Z

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Italy
    • Germany
    • Russia
    • Rest of Europe 
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology

1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key findings

2.1.1.    Top impacting factors
2.1.2.    Top investment pockets

2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Market dynamics

3.2.1.    Drivers

3.2.1.1.    Pursuit of unique experiences to augment the global tourism industry
3.2.1.2.    Mobile applications, big data analytics, and artificial intelligence evolving together amidst proliferating tourism industry
3.2.1.3.    Rise of social media positively impacting travel industry

3.2.2.    Restraints

3.2.2.1.    Fluctuating fortunes for destinations
3.2.2.2.    Nature and tourism no longer in sync

3.2.3.    Opportunities

3.2.3.1.    Unique Destinations gaining high traction amongst tourists
3.2.3.2.    Eco-mmodation—new trend amongst millennials

CHAPTER 4:    LEISURE TRAVEL MARKET, BY TRAVELER TYPE

4.1.    Overview

4.1.1.    Market size and forecast, by traveler type

4.2.    Solo Leisure Travel

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market analysis, by country

4.3.    Group Leisure Travel

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by region
4.3.3.    Market analysis, by country

CHAPTER 5:    LEISURE TRAVEL MARKET, BY SALES CHANNEL

5.1.    Overview

5.1.1.    Market size and forecast, by sales channel

5.2.    Conventional channels

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market analysis, by country

5.3.    Online channels

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market analysis, by country

CHAPTER 6:    LEISURE TRAVEL MARKET, BY AGE GROUP

6.1.    Overview

6.1.1.    Market size and forecast, by age group

6.2.    Baby Boomers

6.2.1.    Key market trends, growth factors, and opportunities
6.2.2.    Market size and forecast, by region
6.2.3.    Market analysis, by country

6.3.    Generation X

6.3.1.    Key market trends, growth factors, and opportunities
6.3.2.    Market size and forecast, by region
6.3.3.    Market analysis, by country

6.4.    Millennials

6.4.1.    Key market trends, growth factors, and opportunities
6.4.2.    Market size and forecast, by region
6.4.3.    Market analysis, by country

6.5.    Generation Z

6.5.1.    Key market trends, growth factors, and opportunities
6.5.2.    Market size and forecast, by region
6.5.3.    Market analysis, by country

CHAPTER 7:    LEISURE TRAVEL MARKET, BY REGION

7.1.    Overview

7.1.1.    Market size and forecast, by Region

7.2.    North America

7.2.1.    Key market trends, growth factors, and opportunities
7.2.2.    Market size and forecast, by traveler type
7.2.3.    Market size and forecast, by sales channel
7.2.4.    Market size and forecast, by age group
7.2.5.    Market analysis, by country

7.2.5.1.    U.S.

7.2.5.1.1.    Market size and forecast, by traveler type
7.2.5.1.2.    Market size and forecast, by sales channel
7.2.5.1.3.    Market size and forecast, by age group

7.2.5.2.    CANADA

7.2.5.2.1.    Market size and forecast, by traveler type
7.2.5.2.2.    Market size and forecast, by sales channel
7.2.5.2.3.    Market size and forecast, by age group

7.2.5.3.    MEXICO

7.2.5.3.1.    Market size and forecast, by traveler type
7.2.5.3.2.    Market size and forecast, by sales channel
7.2.5.3.3.    Market size and forecast, by age group

7.3.    Europe

7.3.1.    Key market trends, growth factors, and opportunities
7.3.2.    Market size and forecast, by traveler type
7.3.3.    Market size and forecast, by sales channel
7.3.4.    Market size and forecast, by age group
7.3.5.    Market analysis, by country

7.3.5.1.    UK

7.3.5.1.1.    Market size and forecast, by traveler type
7.3.5.1.2.    Market size and forecast, by sales channel
7.3.5.1.3.    Market size and forecast, by age group

7.3.5.2.    FRANCE

7.3.5.2.1.    Market size and forecast, by traveler type
7.3.5.2.2.    Market size and forecast, by sales channel
7.3.5.2.3.    Market size and forecast, by age group

7.3.5.3.    ITALY

7.3.5.3.1.    Market size and forecast, by traveler type
7.3.5.3.2.    Market size and forecast, by sales channel
7.3.5.3.3.    Market size and forecast, by age group

7.3.5.4.    GERMANY

7.3.5.4.1.    Market size and forecast, by traveler type
7.3.5.4.2.    Market size and forecast, by sales channel
7.3.5.4.3.    Market size and forecast, by age group

7.3.5.5.    RUSSIA

7.3.5.5.1.    Market size and forecast, by traveler type
7.3.5.5.2.    Market size and forecast, by sales channel
7.3.5.5.3.    Market size and forecast, by age group

7.3.5.6.    REST OF EUROPE

7.3.5.6.1.    Market size and forecast, by traveler type
7.3.5.6.2.    Market size and forecast, by sales channel
7.3.5.6.3.    Market size and forecast, by age group

7.4.    Asia-Pacific

7.4.1.    Key market trends, growth factors, and opportunities
7.4.2.    Market size and forecast, by traveler type
7.4.3.    Market size and forecast, by sales channel
7.4.4.    Market size and forecast, by age group
7.4.5.    Market analysis, by country

7.4.5.1.    CHINA

7.4.5.1.1.    Market size and forecast, by traveler type
7.4.5.1.2.    Market size and forecast, by sales channel
7.4.5.1.3.    Market size and forecast, by age group

7.4.5.2.    INDIA

7.4.5.2.1.    Market size and forecast, by traveler type
7.4.5.2.2.    Market size and forecast, by sales channel
7.4.5.2.3.    Market size and forecast, by age group

7.4.5.3.    JAPAN

7.4.5.3.1.    Market size and forecast, by traveler type
7.4.5.3.2.    Market size and forecast, by sales channel
7.4.5.3.3.    Market size and forecast, by age group

7.4.5.4.    SOUTH KOREA

7.4.5.4.1.    Market size and forecast, by traveler type
7.4.5.4.2.    Market size and forecast, by sales channel
7.4.5.4.3.    Market size and forecast, by age group

7.4.5.5.    REST OF ASIA-PACIFIC

7.4.5.5.1.    Market size and forecast, by traveler type
7.4.5.5.2.    Market size and forecast, by sales channel
7.4.5.5.3.    Market size and forecast, by age group

7.5.    LAMEA

7.5.1.    Key market trends, growth factors, and opportunities
7.5.2.    Market size and forecast, by traveler type
7.5.3.    Market size and forecast, by sales channel
7.5.4.    Market size and forecast, by age group
7.5.5.    Market analysis, by country

7.5.5.1.    LATIN AMERICA

7.5.5.1.1.    Market size and forecast, by traveler type
7.5.5.1.2.    Market size and forecast, by sales channel
7.5.5.1.3.    Market size and forecast, by age group

7.5.5.2.    MIDDLE EAST

7.5.5.2.1.    Market size and forecast, by traveler type
7.5.5.2.2.    Market size and forecast, by sales channel
7.5.5.2.3.    Market size and forecast, by age group

7.5.5.3.    SOUTH AFRICA

7.5.5.3.1.    Market size and forecast, by traveler type
7.5.5.3.2.    Market size and forecast, by sales channel
7.5.5.3.3.    Market size and forecast, by age group

CHAPTER 8:    COMPANY PROFILES

8.1.    American Express Travel

8.1.1.    Company overview
8.1.2.    Key Executives
8.1.3.    Company snapshot
8.1.4.    Operating business segments
8.1.5.    Product portfolio
8.1.6.    Business performance

8.2.    Carlson Wagonlit Travel

8.2.1.    Company overview
8.2.2.    Key Executives
8.2.3.    Company snapshot
8.2.4.    Product portfolio

8.3.    Cox & Kings Ltd

8.3.1.    Company overview
8.3.2.    Key Executives
8.3.3.    Company snapshot
8.3.4.    Operating business segments
8.3.5.    Product portfolio
8.3.6.    Business performance
8.3.7.    Key strategic moves and developments

8.4.    Expedia Group

8.4.1.    Company overview
8.4.2.    Key Executives
8.4.3.    Company snapshot
8.4.4.    Operating business segments
8.4.5.    Product portfolio
8.4.6.    Business performance
8.4.7.    Key strategic moves and developments

8.5.    JTB USA, Inc.

8.5.1.    Company overview
8.5.2.    Key Executive
8.5.3.    Company snapshot
8.5.4.    Product portfolio

8.6.    Priceline(Booking Holdings Inc.)

8.6.1.    Company overview
8.6.2.    Key Executives
8.6.3.    Company snapshot
8.6.4.    Product portfolio
8.6.5.    Business performance
8.6.6.    Key strategic moves and developments

8.7.    THOMAS COOK India Ltd.

8.7.1.    Company overview
8.7.2.    Key Executives
8.7.3.    Company snapshot
8.7.4.    Product portfolio
8.7.5.    Business performance
8.7.6.    Key strategic moves and developments

8.8.    Travel Leaders Group

8.8.1.    Company overview
8.8.2.    Key Executives
8.8.3.    Company snapshot
8.8.4.    Product portfolio

8.9.    TUI GROUP

8.9.1.    Company overview
8.9.2.    Key Executives
8.9.3.    Company snapshot
8.9.4.    Operating business segments
8.9.5.    Product portfolio
8.9.6.    Business performance
8.9.7.    Key strategic moves and developments

8.10.    World Travel, Inc

8.10.1.    Company overview
8.10.2.    Key Executives
8.10.3.    Company snapshot
8.10.4.    Product portfolio

LIST OF TABLES

TABLE 01.    GLOBAL LEISURE TRAVEL MARKET, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 02.    SOLO LEISURE TRAVEL MARKET, BY REGION, 2018–2026 ($BILLION)
TABLE 03.    GROUP LEISURE TRAVEL MARKET, BY REGION, 2018–2026 ($BILLION)
TABLE 04.    GLOBAL LEISURE TRAVEL MARKET, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 05.    LEISURE TRAVEL MARKET BOOKING THROUGH CONVENTIONAL CHANNELS, BY REGION, 2018–2026 ($BILLION)
TABLE 06.    LEISURE TRAVEL MARKET BOOKING THROUGH ONLINE CHANNELS, BY REGION, 2018–2026 ($BILLION)
TABLE 07.    GLOBAL LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 08.    LEISURE TRAVEL MARKET VALUE FROM BABY BOOMERS, BY REGION, 2018–2026 ($BILLION)
TABLE 09.    LEISURE TRAVEL MARKET VALUE FROM GENERATION X, BY REGION, 2018–2026 ($BILLION)
TABLE 10.    LEISURE TRAVEL MARKET VALUE FROM MILLENNIALS, BY REGION, 2018–2026 ($BILLION)
TABLE 11.    LEISURE TRAVEL MARKET VALUE FROM GENERATION Z, BY REGION, 2018–2026 ($BILLION)
TABLE 12.    GLOBAL LEISURE TRAVEL MARKET, BY REGION, 2018–2026 ($MILLION)
TABLE 13.    NORTH AMERICA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE 2018–2026 ($BILLION)
TABLE 14.    NORTH AMERICA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 15.    NORTH AMERICA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 16.    NORTH AMERICA LEISURE TRAVEL MARKET VALUE, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 17.    U.S. LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 18.    U.S. LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 19.    U.S. LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 20.    CANADA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 21.    CANADA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 22.    CANADA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 23.    MEXICO LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 24.    MEXICO LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 25.    MEXICO LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 26.    EUROPE LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE 2018–2026 ($BILLION)
TABLE 27.    EUROPE LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 28.    EUROPE LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 29.    EUROPE LEISURE TRAVEL MARKET VALUE, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 30.    UK LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 31.    UK LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 32.    UK LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 33.    FRANCE LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 34.    FRANCE LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 35.    FRANCE LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 36.    ITALY LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 37.    ITALY LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 38.    ITALY LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 39.    GERMANY LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 40.    GERMANY LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 41.    GERMANY LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 42.    RUSSIA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 43.    RUSSIA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 44.    RUSSIA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 45.    REST OF EUROPE LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 46.    REST OF EUROPE LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 47.    REST OF EUROPE LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 48.    ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE 2018–2026 ($BILLION)
TABLE 49.    ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 50.    ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 51.    ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 52.    CHINA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 53.    CHINA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 54.    CHINA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 55.    INDIA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 56.    INDIA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 57.    INDIA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 58.    JAPAN LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 59.    JAPAN LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 60.    JAPAN LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 61.    SOUTH KOREA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 62.    SOUTH KOREA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 63.    SOUTH KOREA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 64.    REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 65.    REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 66.    REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 67.    LAMEA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE 2018–2026 ($BILLION)
TABLE 68.    LAMEA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 69.    LAMEA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 70.    LAMEA LEISURE TRAVEL MARKET VALUE, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 71.    LATIN AMERICA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 72.    LATIN AMERICA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 73.    LATIN AMERICA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 74.    MIDDLE EAST LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 75.    MIDDLE EAST LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 76.    MIDDLE EAST LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 77.    SOUTH AFRICA LEISURE TRAVEL MARKET VALUE, BY TRAVELER TYPE, 2018–2026 ($BILLION)
TABLE 78.    SOUTH AFRICA LEISURE TRAVEL MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($BILLION)
TABLE 79.    SOUTH AFRICA LEISURE TRAVEL MARKET VALUE, BY AGE GROUP, 2018–2026 ($BILLION)
TABLE 80.    AMERICAN EXPRESS TRAVEL: KEY EXECUTIVES
TABLE 81.    AMERICAN EXPRESS TRAVEL: COMPANY SNAPSHOT
TABLE 82.    AMERICAN EXPRESS TRAVEL: OPERATING SEGMENTS
TABLE 83.    AMERICAN EXPRESS TRAVEL: PRODUCT PORTFOLIO
TABLE 84.    AMERICAN EXPRESS TRAVEL: NET SALES, 2016–2018 ($MILLION)
TABLE 85.    CARLSON WAGONLIT TRAVEL: KEY EXECUTIVES
TABLE 86.    CARLSON WAGONLIT TRAVEL: COMPANY SNAPSHOT
TABLE 87.    CARLSON WAGONLIT TRAVEL: PRODUCT PORTFOLIO
TABLE 88.    COX & KINGS LTD: KEY EXECUTIVES
TABLE 89.    COX & KINGS LTD: COMPANY SNAPSHOT
TABLE 90.    COX & KINGS LTD: OPERATING SEGMENTS
TABLE 91.    COX & KINGS LTD: PRODUCT PORTFOLIO
TABLE 92.    COX & KINGS LTD: NET SALES, 2016–2018 ($MILLION)
TABLE 93.    EXPEDIA GROUP: KEY EXECUTIVES
TABLE 94.    EXPEDIA GROUP: COMPANY SNAPSHOT
TABLE 95.    EXPEDIA GROUP: OPERATING SEGMENTS
TABLE 96.    EXPEDIA GROUP: PRODUCT PORTFOLIO
TABLE 97.    EXPEDIA GROUP: NET SALES, 2016–2018 ($MILLION)
TABLE 98.    JTB AMERICAS, LTD: KEY EXECUTIVE
TABLE 99.    JTB AMERICAS, LTD: COMPANY SNAPSHOT
TABLE 100.    JTB AMERICAS, LTD: PRODUCT PORTFOLIO
TABLE 101.    PRICELINE: KEY EXECUTIVES
TABLE 102.    PRICELINE: COMPANY SNAPSHOT
TABLE 103.    PRICELINE: PRODUCT PORTFOLIO
TABLE 104.    PRICELINE: NET SALES, 2016–2018 ($MILLION)
TABLE 105.    THOMAS COOK: KEY EXECUTIVES
TABLE 106.    THOMAS COOK: COMPANY SNAPSHOT
TABLE 107.    THOMAS COOK: PRODUCT PORTFOLIO
TABLE 108.    THOMAS COOK: NET SALES, 2016–2018 ($MILLION)
TABLE 109.    TRAVEL LEADERS GROUP: KEY EXECUTIVES
TABLE 110.    TRAVEL LEADERS GROUP: COMPANY SNAPSHOT
TABLE 111.    TRAVEL LEADERS GROUP: PRODUCT PORTFOLIO
TABLE 112.    TUI GROUP: KEY EXECUTIVES
TABLE 113.    TUI GROUP: COMPANY SNAPSHOT
TABLE 114.    TUI GROUP: OPERATING SEGMENTS
TABLE 115.    TUI GROUP: PRODUCT PORTFOLIO
TABLE 116.    TUI GROUP: NET SALES, 2016–2018 ($MILLION)
TABLE 117.    WORLD TRAVEL, INC: KEY EXECUTIVES
TABLE 118.    WORLD TRAVEL, INC: COMPANY SNAPSHOT
TABLE 119.    WORLD TRAVEL, INC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    EXECUTIVE SUMMARY
FIGURE 03.    TOP IMPACTING FACTORS
FIGURE 04.    TOP INVESTMENT POCKETS
FIGURE 05.    GLOBAL LEISURE TRAVEL MARKET, BY TRAVELER TYPE, 2018 (%)
FIGURE 06.    COMPARATIVE VALUE SHARE ANALYSIS OF SOLO LEISURE TRAVEL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 07.    COMPARATIVE VALUE SHARE ANALYSIS OF GROUP LEISURE TRAVEL MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 08.    GLOBAL LEISURE TRAVEL MARKET, BY SALES CHANNEL, 2018 (%)
FIGURE 09.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET BOOKING THROUGH CONVENTIONAL CHANNELS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 10.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET BOOKING THROUGH ONLINE CHANNELS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 11.    GLOBAL LEISURE TRAVEL MARKET, BY AGE GROUP, 2018 (%)
FIGURE 12.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET FROM BABY BOOMERS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 13.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET FOR GENERATION X, BY COUNTRY, 2018 & 2026 (%)
FIGURE 14.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET FROM MILLENNIALS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 15.    COMPARATIVE VALUE SHARE ANALYSIS OF LEISURE TRAVEL MARKET FOR GENERATION Z, BY COUNTRY, 2018 & 2026 (%)
FIGURE 16.    GLOBAL LEISURE TRAVEL MARKET, BY REGION 2018 (%)
FIGURE 17.    U.S. LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 18.    CANADA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 19.    MEXICO LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 20.    UK LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 21.    FRANCE LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 22.    ITALY LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 23.    GERMANY LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 24.    RUSSIA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 25.    REST OF EUROPE LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 26.    CHINA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 27.    INDIA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 28.    JAPAN LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 29.    SOUTH KOREA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 30.    REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 31.    LATIN AMERICA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 32.    MIDDLE EAST LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 33.    SOUTH AFRICA LEISURE TRAVEL MARKET VALUE, 2018-2026 ($BILLION)
FIGURE 34.    AMERICAN EXPRESS TRAVEL: NET SALES, 2016–2018 ($MILLION)
FIGURE 35.    AMERICAN EXPRESS TRAVEL: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 36.    AMERICAN EXPRESS TRAVEL: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 37.    COX & KINGS LTD: NET SALES, 2016–2018 ($MILLION)*
FIGURE 38.    EXPEDIA GROUP: NET SALES, 2016–2018 ($MILLION)
FIGURE 39.    EXPEDIA GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 40.    EXPEDIA GROUP: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 41.    PRICELINE: NET SALES, 2016–2018 ($MILLION)
FIGURE 42.    PRICELINE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 43.    THOMAS COOK: NET SALES, 2016–2018 ($MILLION)
FIGURE 44.    TUI GROUP: NET SALES, 2016–2018 ($MILLION)
FIGURE 45.    TUI GROUP: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 46.    TUI GROUP: REVENUE SHARE BY REGION, 2018 (%)

 
 

With consumers choosing to travel more, engaged stakeholders in the tour and travel industry are facing numerous difficulties to deliver better consumer experience, most of which exhibit wide travel tastes and preferences. As a result, the need to efficiently manage marketing expenditure in terms of who to market, what to market to, where to market, using what medium to market, and when to market will act as a key differentiator in the highly competitive consumer centric tourism industry.

Technological advancements around the world are expected to heavily shape the future of the leisure travel industry. Innovative advancements in artificial intelligence, big data and analytics, social media, and machine learning are projected to leverage consumer expectations in the leisure travel industry. These include from destination planning to obtaining a visa as well as currency exchange to bookings and payments, digital technologies are expected to penetrate even deeper into the traveler’s personal space providing end to end customer solution with utmost convenience.

The market players are formulating different strategies to remain competitive in the market. Business expansion and acquisition have been the key strategies used by the players in this industry to remain competitive and gain market share as well as to enhance the company’s product portfolios. Emerging economies are expected to provide lucrative opportunities for the growth and expansion of the market.

 

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