Global Luxury Travel
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Luxury Travel market size was USD 538.2 Billion In 2022 and it is forecasted to reach USD 1760.5 Billion By 2030. Luxury Travel Industry's Compound Annual Growth Rate will be 7.95 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Luxury Travel market size was USD 538.2 Billion In 2022 and it is forecasted to reach USD 1760.5 Billion By 2030. Luxury Travel Industry's Compound Annual Growth Rate will be 7.95 % from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Luxury Travel Market Sales Revenue 2022 | $ 538.2 Billion |
Global Luxury Travel Market Sales Revenue 2030 | $ 1760.5 Billion |
Global Luxury Travel Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.95% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Luxury Travel industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Luxury Travel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Luxury travel services are desirable and premium experiences in terms of luxurious accommodations, convenient transport facilities, and authentic travel experiences. Luxury travel services provide outstanding services to travelers.
The increasing HNIs population and the aspiration of young and rich millennials to explore new places and have unique travel experiences are major factors expected to drive the growth of the luxury travel market. Furthermore, the increasing demand for unique travel experiences is expected to tremendous opportunities for the global luxury travel market in the forecast period. However, changing socioeconomic conditions are projected to hamper the growth of the luxury travel market.
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In November 2019, Abercrombie & Kent USA, LLC has announced a special edition cruise that features astronomy experts with the first woman to walk in space. The company’s Antarctica & the Total Solar Eclipse Cruise is designed to offer an exclusive experience of rare astronomical spectacles, alongside experts.
Top Companies Market Share in Luxury Travel Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Luxury Travel Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Luxury Travel Industry growth. Luxury Travel market has been segmented with the help of its Type, Application , and others. Luxury Travel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The adventure and safari segment holds the major revenue share in terms of the type of tour
Type:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Luxury Travel Industry. Request a Free Sample PDF!
The adventure and safari segment has the largest market share in the luxury travel market. This is due to the increasing demand for luxury travel for nature-based holidays expected to drive the growth of the adventure and safari segment.
Application:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Luxury Travel market report 2024 Edition by contacting our team.
Europe has the largest market share in the luxury travel market, due to increasing travel expenditure by middle & upper-class people and the interest of people to spend time with family are key factors expected to growth of the luxury travel market in Europe.
The current report Scope analyzes Luxury Travel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Luxury Travel Market is witnessing significant growth in the near future.
In 2023, the Customized and Private Vacation segment accounted for noticeable share of global Luxury Travel Market and is projected to experience significant growth in the near future.
The Millennial segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies TUI Group, Jet2 Holidays and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Customized and Private Vacation, Adventure and Safari, Cruise/Ship Expedition, Small Group Journey, Celebration and Special Event, Others |
Application | Millennial, Generation X, Baby Boomers |
List of Competitors | TUI Group, Thomas Cook Group, Jet2 Holidays, Cox Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield Robinson |
This chapter will help you gain GLOBAL Market Analysis of Luxury Travel. Further deep in this chapter, you will be able to review Global Luxury Travel Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Luxury Travel Market Trends North America Luxury Travel Technological Road Map North America Luxury Travel Market Drivers North America Luxury Travel Market Restraints North America Luxury Travel Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Luxury Travel market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Customized and Private Vacation have a significant impact on Luxury Travel market? |
What are the key factors affecting the Customized and Private Vacation and Adventure and Safari of Luxury Travel Market? |
What is the CAGR/Growth Rate of Millennial during the forecast period? |
By type, which segment accounted for largest share of the global Luxury Travel Market? |
Which region is expected to dominate the global Luxury Travel Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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