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PUBLISHER: IMARC | PRODUCT CODE: 1451596
PUBLISHER: IMARC | PRODUCT CODE: 1451596
Leisure Travel Market Report by Traveler Type, Age Group, Expenditure Type, Sales Channel, and Region 2024-2032
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PAGES: 146 Pages
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The global leisure travel market size reached US$ 869.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,639.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.08% during 2024-2032.
Leisure travel refers to casual trips that are planned for recreation, entertainment, relaxation, and personal enjoyment by an individual or a group of individuals. The trips assist individuals in relaxing and unwinding as they involve exploring various cultures across the globe with an enhanced focus on providing an enjoyable experience. Several industries are well-established in the leisure travel ecosystem, including logistics, accommodations, food, retail, recreation, and other tourism services. By bringing people together, supporting communities, and boosting the economy of a country, leisure travel contributes to the creation of new experiences. Recreational activities are included specifically in these journeys to enhance the physical, mental, and emotional well-being of individuals. As a result, these travels play a vital role in relieving stress from the body and mind while enriching the cultural knowledge of the masses.
Leisure Travel Market Trends:
The market is majorly driven by a paradigm shift in the spending patterns of consumers. This can be attributed to a considerable rise in the number of global outbound tourists. In addition to this, the improved lifestyle standards of the masses are providing an impetus to the market. Moreover, the rapid integration of big data analytics, the internet of things (IoT), and artificial intelligence (AI) in the tourism industry is also propelling the market. Apart from this, the rising trend of eco-friendly tourism, space tourism and wellness tourism are creating lucrative growth opportunities for the market. With the growing penetration of social media among millennials, leisure travel has become a sign of social status, thereby resulting in higher investment in leisure travel activities. Some of the other factors contributing to the market include the easy availability of low-cost airlines, favorable government initiatives, the increasing awareness on unique destinations among tourists, and the widespread awareness regarding easy online booking services.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global leisure travel market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on traveler type, age group, expenditure type and sales channel.
Breakup by Traveler Type:
Solo
Group
Breakup by Age Group:
Baby Boomers
Generation X
Millennial
Generation Z
Breakup by Expenditure Type:
Lodging
Transportation
Food and Beverage
Events and Entertainment
Others
Breakup by Sales Channel:
Conventional Channel
Online Channel
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Express Company, Cox & Kings Ltd., Direct Travel Inc., Flight Centre Travel Group Limited, Hays Travel Limited, JTB Americas Ltd. (JTB Corporation), MakeMyTrip Pvt. Ltd., Tripadvisor Inc., Trivago N.V., TUI Group and World Travel Inc.
Key Questions Answered in This Report
- 1. What was the size of the global leisure travel market in 2023?
- 2. What is the expected growth rate of the global leisure travel market during 2024-2032?
- 3. What are the key factors driving the global leisure travel market?
- 4. What has been the impact of COVID-19 on the global leisure travel market?
- 5. What is the breakup of the global leisure travel market based on the traveler type?
- 6. What is the breakup of the global leisure travel market based on the expenditure type?
- 7. What is the breakup of the global leisure travel market based on the sales channel?
- 8. What are the key regions in the global leisure travel market?
- 9. Who are the key players/companies in the global leisure travel market
Product Code: SR112024A6365
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Leisure Travel Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Traveler Type
- 6.1 Solo
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Group
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Age Group
- 7.1 Baby Boomers
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Generation X
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Millennial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Generation Z
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Expenditure Type
- 8.1 Lodging
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Transportation
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Food and Beverage
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Events and Entertainment
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Sales Channel
- 9.1 Conventional Channel
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Online Channel
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 American Express Company
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Cox & Kings Ltd.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Direct Travel Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Flight Centre Travel Group Limited
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 Hays Travel Limited
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 JTB Americas Ltd. (JTB Corporation)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 MakeMyTrip Pvt. Ltd.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Tripadvisor Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.9 Trivago N.V.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10 TUI Group
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 World Travel Inc.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.1 American Express Company
Product Code: SR112024A6365
List of Figures
- Figure 1: Global: Leisure Travel Market: Major Drivers and Challenges
- Figure 2: Global: Leisure Travel Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Leisure Travel Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Leisure Travel Market: Breakup by Traveler Type (in %), 2023
- Figure 5: Global: Leisure Travel Market: Breakup by Age Group (in %), 2023
- Figure 6: Global: Leisure Travel Market: Breakup by Expenditure Type (in %), 2023
- Figure 7: Global: Leisure Travel Market: Breakup by Sales Channel (in %), 2023
- Figure 8: Global: Leisure Travel Market: Breakup by Region (in %), 2023
- Figure 9: Global: Leisure Travel (Solo) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Leisure Travel (Solo) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Leisure Travel (Group) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Leisure Travel (Group) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Leisure Travel (Baby Boomers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Leisure Travel (Baby Boomers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Leisure Travel (Generation X) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Leisure Travel (Generation X) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Leisure Travel (Millennial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Leisure Travel (Millennial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Leisure Travel (Generation Z) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Leisure Travel (Generation Z) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Leisure Travel (Lodging) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Leisure Travel (Lodging) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Leisure Travel (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Leisure Travel (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Leisure Travel (Food and Beverage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Leisure Travel (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Leisure Travel (Events and Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Leisure Travel (Events and Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Leisure Travel (Other Expenditure Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Leisure Travel (Other Expenditure Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Leisure Travel (Conventional Channel) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Leisure Travel (Conventional Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Leisure Travel (Online Channel) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Leisure Travel (Online Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: North America: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: North America: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: United States: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: United States: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Canada: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Canada: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Asia-Pacific: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Asia-Pacific: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: China: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: China: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Japan: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Japan: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: India: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: India: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: South Korea: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: South Korea: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Australia: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Australia: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Indonesia: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Indonesia: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Europe: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Europe: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Germany: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Germany: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: France: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: France: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: United Kingdom: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: United Kingdom: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Italy: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Italy: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Spain: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Spain: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Russia: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Russia: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Others: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Others: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Latin America: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Latin America: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Brazil: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Brazil: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Mexico: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Mexico: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Others: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Others: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Middle East and Africa: Leisure Travel Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Middle East and Africa: Leisure Travel Market: Breakup by Country (in %), 2023
- Figure 83: Middle East and Africa: Leisure Travel Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Global: Leisure Travel Industry: SWOT Analysis
- Figure 85: Global: Leisure Travel Industry: Value Chain Analysis
- Figure 86: Global: Leisure Travel Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Leisure Travel Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Leisure Travel Market Forecast: Breakup by Traveler Type (in Million US$), 2024-2032
- Table 3: Global: Leisure Travel Market Forecast: Breakup by Age Group (in Million US$), 2024-2032
- Table 4: Global: Leisure Travel Market Forecast: Breakup by Expenditure Type (in Million US$), 2024-2032
- Table 5: Global: Leisure Travel Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
- Table 6: Global: Leisure Travel Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Leisure Travel Market: Competitive Structure
- Table 8: Global: Leisure Travel Market: Key Players
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