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Leisure Travel Market by Traveler Type (Solo and Group), Sales Channel (Conventional Channels, Online Channels), By Age Group (Baby Boomers, Generation X, Millennials and Generation Z) and By Expenditure Type (Lodging, Transportation, Food & Beverages, Events & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

A05823
Pages: 241
Nov 2020 | 6201 Views
 
Author(s) : Nitesh Chouhan, Himanshu Vig , Roshan Deshmukh
Tables: 146
Charts: 62
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global leisure travel market size was valued at $1,006.5 billion in 2019, and is projected to reach $1,737.3 billion by 2027, registering a CAGR of 22.6% from 2021 to 2027.By traveler type, the group segment garnered the highest leisure travel market share in 2019 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 market industry is projected to outpace global GDP growth and is estimated to grow with a significant CAGR during the forecast period.

Leisure-Travel-Market,-2021-2027

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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
By Traveler Type

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Group segment dominates the global market and is expected to retain its dominance throughout the forecast period.

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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.

Leisure Travel Market
By Sales Channel

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Online Channels segment is expected to grow at a highest CAGR of 23.1% during the forecast period.

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The leisure travel market has been segmented based on traveler type, sales channel, age group, expenditure type and region. Based on traveler type, the leisure travel market is bifurcated into solo and group. Based on sales channel the global market is studied across conventional channels, online channels. By age group, it is divided into baby boomers, generation X, Millennials and Generation- Z. On the basis of expenditure type, the market is categorized into lodging, transportation, food and beverages, events & entertainment and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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 leisure travel market 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 Age Group

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Generation X segment dominates the global market and is expected to retain its dominance throughout 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. 

By age group, the Generation X segment dominated the global 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.

Leisure Travel Market
By Expenditure Type

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Lodging segment dominates the global market and is expected to retain its dominance throughout the forecast period.

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By expenditure type, the market is categorized into lodging, transportation, food and beverages, events & entertainment and others.The lodging segment held the major share in the market, and is projected to remain dominant during the forecast period.However, the transportation segment is anticipated to garner significant market growth during the upcoming years.

The key players profiled in the report 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

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific dominates the market and is expected to grow with a CAGR of 24.1% during the forecast period

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the leisure travel market analysis from 2019 to 2027 to identify the prevailing leisure travel market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the leisure travel market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global leisure travel market. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the leisure travel market players.
  • The report includes the analysis of the regional as well as global leisure travel market trends, key players, market segments, application areas, and market growth strategies. 

Key Market Segments

By Traveler Type  

  • Solo
  • Group

By Sales Channel

  • Conventional Channels
  • Online Channels

By Age Group

  • Baby Boomers
  • Generation X
  • Millennials
  • Generation Z

By Expenditure Type

  • Lodging
  • Transportation
  • Food and Beverages
  • Events & Entertainment
  • Others

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
    • South Africa
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segment
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 of the study

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.Porter's five forces analysis
3.3.Market dynamics

3.3.1.Drivers

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

3.3.2.Restraints

3.3.2.1.Increase in unrest due to terrorism and domestic issues in countries
3.3.2.2.Confined tourism due to natural environmental conditions

3.3.3.Opportunities

3.3.3.1.Unique Destinations gaining high traction among tourists
3.3.3.2.Eco friendly tourism-new trend among millennial

3.4.COVID-19 impact on leisure tourism market
3.5.Global business travel market size

3.5.1.Overview

CHAPTER 4:LEISURE TRAVEL MARKET, BY TRAVELER TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Solo

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

4.3.Group

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
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

5.2.Conventional channels

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
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
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

6.2.Baby boomers

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

CHAPTER 7:LEISURE TRAVEL MARKET, BY EXPENDITURE TYPE

7.1.Overview

7.1.1.Market size and forecast

7.2.Lodging

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast
7.2.3.Market analysis by country

7.3.Transportation

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast
7.3.3.Market analysis by country

7.4.Food & beverages

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast
7.4.3.Market analysis by country

7.5.Events & entertainment

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast
7.5.3.Market analysis by country

7.6.Others

7.6.1.Key market trends, growth factors, and opportunities
7.6.3.Market size and forecast
7.6.4.Market analysis by country

CHAPTER 8:LEISURE TRAVEL MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast, by region

8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast by traveler type
8.2.3.Market size and forecast by sales channel
8.2.4.Market size and forecast by age group
8.2.5.Market size and forecast by expenditure type
8.2.6.Market analysis by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast by traveler type
8.2.6.1.2.Market size and forecast by sales channel
8.2.6.1.3.Market size and forecast by age group
8.2.6.1.4.Market size and forecast by expenditure type

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast by traveler type
8.2.6.2.2.Market size and forecast by sales channel
8.2.6.2.3.Market size and forecast by age group
8.2.6.2.4.Market size and forecast by expenditure type

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast by traveler type
8.2.6.3.2.Market size and forecast by sales channel
8.2.6.3.3.Market size and forecast by age group
8.2.6.3.4.Market size and forecast by expenditure type

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast by traveler type
8.3.3.Market size and forecast by sales channel
8.3.4.Market size and forecast by age group
8.3.5.Market size and forecast by expenditure type
8.3.6.Market analysis by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast by traveler type
8.3.6.1.2.Market size and forecast by sales channel
8.3.6.1.3.Market size and forecast by age group
8.3.6.1.4.Market size and forecast by expenditure type

8.3.6.2.France

8.3.6.2.1.Market size and forecast by traveler type
8.3.6.2.2.Market size and forecast by sales channel
8.3.6.2.3.Market size and forecast by age group
8.3.6.2.4.Market size and forecast by expenditure type

8.3.6.3.Italy

8.3.6.3.1.Market size and forecast by traveler type
8.3.6.3.2.Market size and forecast by sales channel
8.3.6.3.3.Market size and forecast by age group
8.3.6.3.4.Market size and forecast by expenditure type

8.3.6.4.Germany

8.3.6.4.1.Market size and forecast by traveler type
8.3.6.4.2.Market size and forecast by sales channel
8.3.6.4.3.Market size and forecast by age group
8.3.6.4.4.Market size and forecast by expenditure type

8.3.6.5.Russia

8.3.6.5.1.Market size and forecast by traveler type
8.3.6.5.2.Market size and forecast by sales channel
8.3.6.5.3.Market size and forecast by age group
8.3.6.5.4.Market size and forecast by expenditure type

8.3.6.6.Rest of Europe

8.3.6.6.1.Market size and forecast by traveler type
8.3.6.6.2.Market size and forecast by sales channel
8.3.6.6.3.Market size and forecast by age group
8.3.6.6.4.Market size and forecast by expenditure type

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast by traveler type
8.4.3.Market size and forecast by sales channel
8.4.4.Market size and forecast by age group
8.4.5.Market size and forecast by expenditure type
8.4.6.Market analysis by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast by traveler type
8.4.6.1.2.Market size and forecast by sales channel
8.4.6.1.3.Market size and forecast by age group
8.4.6.1.4.Market size and forecast by expenditure type

8.4.6.2.India

8.4.6.2.1.Market size and forecast by traveler type
8.4.6.2.2.Market size and forecast by sales channel
8.4.6.2.3.Market size and forecast by age group
8.4.6.2.4.Market size and forecast by expenditure type

8.4.6.3.Japan

8.4.6.3.1.Market size and forecast by traveler type
8.4.6.3.2.Market size and forecast by sales channel
8.4.6.3.3.Market size and forecast by age group
8.4.6.3.4.Market size and forecast by expenditure type

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast by traveler type
8.4.6.4.2.Market size and forecast by sales channel
8.4.6.4.3.Market size and forecast by age group
8.4.6.4.4.Market size and forecast by expenditure type

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast by traveler type
8.4.6.5.2.Market size and forecast by sales channel
8.4.6.5.3.Market size and forecast by age group
8.4.6.5.4.Market size and forecast by expenditure type

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast by traveler type
8.5.3.Market size and forecast by sales channel
8.5.4.Market size and forecast by age group
8.5.5.Market size and forecast by expenditure type
8.5.6.Market analysis by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast by traveler type
8.5.6.1.2.Market size and forecast by sales channel
8.5.6.1.3.Market size and forecast by age group
8.5.6.1.4.Market size and forecast by expenditure type

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast by traveler type
8.5.6.2.2.Market size and forecast by sales channel
8.5.6.2.3.Market size and forecast by age group
8.5.6.2.4.Market size and forecast by expenditure type

8.5.6.3.South Africa

8.5.6.3.1.Market size and forecast by traveler type
8.5.6.3.2.Market size and forecast by sales channel
8.5.6.3.3.Market size and forecast by age group
8.5.6.3.4.Market size and forecast by expenditure type

CHAPTER 9:COMPETITIVE LANDSCAPE

CHAPTER 10:COMPANY PROFILES

10.1.AMERICAN EXPRESS TRAVEL

10.1.1.Company overview
10.1.2.Key executive
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.Business performance

10.2.CARLSON WAGONLIT TRAVEL

10.2.1.Company overview
10.2.2.Key executive
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.COX & KINGS LTD.

10.3.1.Company overview
10.3.2.Key executive
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.Business performance
10.3.7.Key strategic moves and developments

10.4.EXPEDIA GROUP

10.4.1.Company overview
10.4.2.Key executive
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.Business performance
10.4.7.Key strategic moves and developments

10.5.JTB USA, INC.

10.5.1.Company overview
10.5.2.Key executive
10.5.3.Company snapshot
10.5.4.Product portfolio

10.6.PRICELINE(BOOKING HOLDINGS INC.)

10.6.1.Company overview
10.6.2.Key executive
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.5.Business performance
10.6.6.Key strategic moves and developments

10.7.THOMAS COOK INDIA LTD.

10.7.1.Company overview
10.7.2.Key executive
10.7.3.Company snapshot
10.7.4.Product portfolio
10.7.5.Business performance
10.7.6.Key strategic moves and developments

10.8.TRAVEL LEADERS GROUP

10.8.1.Company overview
10.8.2.Key executive
10.8.3.Company snapshot
10.8.4.Product portfolio

10.9.TUI GROUP

10.9.1.Company overview
10.9.2.Key executive
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.WORLD TRAVEL, INC.

10.10.1.Company overview
10.10.2.Key executive
10.10.3.Company snapshot
10.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 02.LEISURE TRAVEL MARKET REVENUE FOR SOLO, BY REGION, 2019–2027 ($BILLION)
TABLE 03.LEISURE TRAVEL MARKET REVENUE FOR GROUP, BY REGION, 2019–2027 ($BILLION)
TABLE 04.GLOBAL LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 05.LEISURE TRAVEL MARKET REVENUE FOR CONVENTIONAL CHANNELS, BY REGION, 2019–2027 ($BILLION)
TABLE 06.LEISURE TRAVEL MARKET REVENUE FOR ONLINE CHANNELS, BY REGION, 2019–2027 ($BILLION)
TABLE 07.GLOBAL LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 08.LEISURE TRAVEL MARKET REVENUE FOR BABY BOOMERS, BY REGION, 2019–2027 ($BILLION)
TABLE 09.LEISURE TRAVEL MARKET REVENUE FOR GENERATION X , BY REGION, 2019–2027 ($BILLION)
TABLE 10.LEISURE TRAVEL MARKET REVENUE FOR MILLENNIALS , BY REGION, 2019–2027 ($BILLION)
TABLE 11.LEISURE TRAVEL MARKET REVENUE FOR GENERATION Z , BY REGION, 2019–2027 ($BILLION)
TABLE 12.GLOBAL LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 13.LEISURE TRAVEL MARKET REVENUE FOR LODGING, BY REGION, 2019–2027 ($BILLION)
TABLE 14.LEISURE TRAVEL MARKET REVENUE FOR TRANSPORTATION, BY REGION, 2019–2027 ($BILLION)
TABLE 15.LEISURE TRAVEL MARKET REVENUE FOR FOOD & BEVERAGES, BY REGION, 2019–2027 ($BILLION)
TABLE 16.LEISURE TRAVEL MARKET REVENUE FOR EVENTS & ENTERTAINMENT, BY REGION, 2019–2027 ($BILLION)
TABLE 17.LEISURE TRAVEL MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($BILLION)
TABLE 18.LEISURE TRAVEL MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 19.NORTH AMERICA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 20.NORTH AMERICA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 21.NORTH AMERICA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 22.NORTH AMERICA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 23.NORTH AMERICA LEISURE TRAVEL MARKET, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 24.U.S. LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 25.U.S. LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 26.U.S. LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 27.U.S. LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 28.CANADA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 29.CANADA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 30.CANADA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 31.CANADA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 32.MEXICO LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 33.MEXICO LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 34.MEXICO LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 35.MEXICO LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 36.EUROPE LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 37.EUROPE LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 38.EUROPE LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 39.EUROPE LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 40.EUROPE LEISURE TRAVEL MARKET, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 41.UK LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 42.UK LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 43.UK LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 44.UK LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 45.FRANCE LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 46.FRANCE LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 47.FRANCE LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 48.FRANCE LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 49.ITALY LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 50.ITALY LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 51.ITALY LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 52.ITALY LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 53.GERMANY LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 54.GERMANY LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 55.GERMANY LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 56.GERMANY LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 57.RUSSIA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 58.RUSSIA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 59.RUSSIA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 60.RUSSIA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 61.REST OF EUROPE LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 62.REST OF EUROPE LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 63.REST OF EUROPE LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 64.REST OF EUROPE LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 65.ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 66.ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 67.ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 68.ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 69.ASIA-PACIFIC LEISURE TRAVEL MARKET, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 70.CHINA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 71.CHINA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 72.CHINA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 73.CHINA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 74.INDIA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 75.INDIA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 76.INDIA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 77.INDIA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 78.JAPAN LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 79.JAPAN LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 80.JAPAN LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 81.JAPAN LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 82.SOUTH KOREA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 83.SOUTH KOREA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 84.SOUTH KOREA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 85.SOUTH KOREA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 86.REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 87.REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 88.REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 89.REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 90.LAMEA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 91.LAMEA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 92.LAMEA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 93.LAMEA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 94.LAMEA LEISURE TRAVEL MARKET, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 95.LATIN AMERICA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 96.LATIN AMERICA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 97.LATIN AMERICA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 98.LATIN AMERICA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 99.MIDDLE EAST LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 100.MIDDLE EAST LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 101.MIDDLE EAST LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 102.MIDDLE EAST LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 103.SOUTH AFRICA LEISURE TRAVEL MARKET REVENUE, BY TRAVELER TYPE, 2019–2027 ($BILLION)
TABLE 104.SOUTH AFRICA LEISURE TRAVEL MARKET REVENUE, BY SALES CHANNEL, 2019–2027 ($BILLION)
TABLE 105.SOUTH AFRICA LEISURE TRAVEL MARKET REVENUE, BY AGE GROUP, 2019–2027 ($BILLION)
TABLE 106.SOUTH AFRICA LEISURE TRAVEL MARKET REVENUE, BY EXPENDITURE TYPE, 2019–2027 ($BILLION)
TABLE 107.AMERICAN EXPRESS TRAVEL: KEY EXECUTIVE
TABLE 108.AMERICAN EXPRESS TRAVEL: COMPANY SNAPSHOT
TABLE 109.AMERICAN EXPRESS TRAVEL: OPERATING SEGMENTS
TABLE 110.AMERICAN EXPRESS TRAVEL: PRODUCT PORTFOLIO
TABLE 111.AMERICAN EXPRESS TRAVEL: NET SALES, 2017–2019($MILLION)
TABLE 112.CARLSON WAGONLIT TRAVEL: KEY EXECUTIVE
TABLE 113.CARLSON WAGONLIT TRAVEL: COMPANY SNAPSHOT
TABLE 114.CARLSON WAGONLIT TRAVEL: PRODUCT PORTFOLIO
TABLE 115.COX & KINGS LTD.: KEY EXECUTIVE
TABLE 116.COX & KINGS LTD.: COMPANY SNAPSHOT
TABLE 117.COX & KINGS LTD: OPERATING SEGMENTS
TABLE 118.COX & KINGS LTD: PRODUCT PORTFOLIO
TABLE 119.COX & KINGS LTD.: NET SALES, 2016–2018 ($MILLION)
TABLE 120.EXPEDIA GROUP: KEY EXECUTIVE
TABLE 121.EXPEDIA GROUP: COMPANY SNAPSHOT
TABLE 122.EXPEDIA GROUP: OPERATING SEGMENTS
TABLE 123.EXPEDIA GROUP: PRODUCT PORTFOLIO
TABLE 124.EXPEDIA GROUP: NET SALES, 2017–2019 ($MILLION)
TABLE 125.JTB AMERICAS, LTD: KEY EXECUTIVE
TABLE 126.JTB AMERICAS, LTD: COMPANY SNAPSHOT
TABLE 127.JTB AMERICAS, LTD: PRODUCT PORTFOLIO
TABLE 128.PRICELINE: KEY EXECUTIVE
TABLE 129.PRICELINE: COMPANY SNAPSHOT
TABLE 130.PRICELINE: PRODUCT PORTFOLIO
TABLE 131.PRICELINE: NET SALES, 2017–2019 ($MILLION)
TABLE 132.THOMAS COOK: KEY EXECUTIVE
TABLE 133.THOMAS COOK: COMPANY SNAPSHOT
TABLE 134.THOMAS COOK: PRODUCT PORTFOLIO
TABLE 135.THOMAS COOK: NET SALES, 2018–2020 ($MILLION)
TABLE 136.TRAVEL LEADERS GROUP: KEY EXECUTIVE
TABLE 137.TRAVEL LEADERS GROUP: COMPANY SNAPSHOT
TABLE 138.TRAVEL LEADERS GROUP: PRODUCT PORTFOLIO
TABLE 139.TUI GROUP: KEY EXECUTIVE
TABLE 140.TUI GROUP: COMPANY SNAPSHOT
TABLE 141.TUI GROUP: OPERATING SEGMENTS
TABLE 142.TUI GROUP: PRODUCT PORTFOLIO
TABLE 143.TUI GROUP: NET SALES, 2017–2019($MILLION)
TABLE 144.WORLD TRAVEL, INC.: KEY EXECUTIVE
TABLE 145.WORLD TRAVEL, INC.: COMPANY SNAPSHOT
TABLE 146.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.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.LOW THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH INTENSITY OF RIVALRY
FIGURE 09.MODERATE BARGAINING POWER OF BUYERS
FIGURE 10.GLOBAL LEISURE TRAVEL: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 11.BUSINESS TRAVEL MARKET SIZE, 2019–2027 ($BILLION)
FIGURE 12.GLOBAL LEISURE TRAVEL MARKET, BY TRAVELER TYPE, 2019 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR SOLO, BY COUNTRY,  2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR GROUP, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15.GLOBAL LEISURE TRAVEL MARKET, BY SALES CHANNEL, 2019 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKEYT REVENUE FOR CONVENTIONAL CHANNELS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR ONLINE CHANNELS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.GLOBAL LEISURE TRAVEL MARKET, BY AGE GROUP, 2019 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR BABY BOOMERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR GENERATION X, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR MILLENNIALS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR GENERATION Z, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.GLOBAL LEISURE TRAVEL MARKET, BY EXPENDITURE TYPE, 2019 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR LODGING, BY COUNTRY,  2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR TRANSPORTATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR FOOD & BEVERAGES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR EVENTS & ENTERTAINMENT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS FOR LEISURE TRAVEL MARKET REVENUE FOR OTHERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 29.LEISURE TRAVEL MARKET, BY REGION, 2019 (%)
FIGURE 30.U.S. LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 31.CANADA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 32.MEXICO LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 33.UK LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 34.FRANCE LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 35.ITALY LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 36.GERMANY LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 37.RUSSIA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 38.REST OF EUROPE LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 39.CHINA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 40.INDIA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 41.JAPAN LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 42.SOUTH KOREA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 43.REST OF ASIA-PACIFIC LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 44.LATIN AMERICA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 45.MIDDLE EAST LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 46.SOUTH AFRICA LEISURE TRAVEL MARKET, 2019–2027 ($BILLION)
FIGURE 47.COMPETITIVE DASHBOARD
FIGURE 48.SERVICE OFFERINGS
FIGURE 49.HEATMAP OVERVIEW
FIGURE 50.AMERICAN EXPRESS TRAVEL: NET SALES, 2017–2019 ($MILLION)
FIGURE 51.AMERICAN EXPRESS TRAVEL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 52.AMERICAN EXPRESS TRAVEL: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.COX & KINGS LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 54.EXPEDIA GROUP: NET SALES, 2017–2019 ($MILLION)
FIGURE 55.EXPEDIA GROUP: REVENUE SHARE BY SEGMENT, 2019(%)
FIGURE 56.EXPEDIA GROUP: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 57.PRICELINE: NET SALES, 2017–2019 ($MILLION)
FIGURE 58.PRICELINE: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.THOMAS COOK: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.TUI GROUP: NET SALES, 2017–2019($MILLION)
FIGURE 61.TUI GROUP: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.TUI GROUP: REVENUE SHARE BY REGION, 2019 (%)

 
 

With consumers choosing to travel more, engaged stakeholders in the tour and travel industry facing high strenuous to deliver better consumer experience, most of which exhibiting wide apart travel tastes and preferences. As a result, 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. 

Technology advancements around the world will heavily shape the future of the leisure travel industry. Innovative advancements in artificial intelligence, big data and analytics, social media and machine learning will leverage consumers’ expectations in the leisure travel industry, from destination planning to obtain a visa, currency exchange to bookings and payments, digital technologies will penetrate even deeper into the traveler’s personal space providing end to end customer solution with utmost convenience.

 
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A. The Leisure Travel market effecting factors is rise of social media positively impacting travel industry.

A. The Leisure Travel Market Size will be 1,737.3 billion from 2021 to 2027.

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A. The CAGR of Leisure Travel Market is 22.6%.

A. The leisure travel market has been segmented based on traveler type, sales channel, age group, expenditure type and region.

A. The active players in the Leisure Travel Market are 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.

A. The key trends in the Leisure Travel market report are rise of social media positively impacting the travel industry and eco-friendly tourism-new trend among millennial.

A. COVID-19 pandemic has negatively impacted the global leisure travel market, owing to implementation of complete lockdown, globally.

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