PUBLISHER: MarketLine | PRODUCT CODE: 1419310
PUBLISHER: MarketLine | PRODUCT CODE: 1419310
The G8 Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: Industry size (value , and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
The G8 countries contributed $1,870,652.9 million in 2022 to the global travel & tourism industry, with a compound annual growth rate (CAGR) of -1.9% between 2018 and 2022. The G8 countries are expected to reach a value of $3,312,154.8 million in 2027, with a CAGR of 12.1% over the 2022-27 period.
Among the G8 nations, the US is the leading country in the travel & tourism industry, with market revenues of $1,209,151.0 million in 2022. This was followed by the UK and Germany, with a value of $141,235.7 and $128,966.5 million, respectively.
The US is expected to lead the travel & tourism industry in the G8 nations with a value of $2,042,854.4 million in 2016, followed by the UK and Germany with expected values of $260,748.2 and $241,734.8 million, respectively.