Product Code: ETC13343881 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Outbound Travel Tourism Market was valued at USD 900 Billion in 2024 and is expected to reach USD 1301.05 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global outbound travel tourism market is a dynamic industry driven by increasing disposable incomes, growing affluence in emerging economies, and a desire for experiential travel. Key trends shaping the market include the rise of adventure travel, cultural tourism, and sustainable tourism practices. The internet and social media have also played a significant role in shaping consumer behavior, allowing travelers to research and book trips easily. The COVID-19 pandemic has had a profound impact on the market, leading to a temporary decline in international travel. However, with the rollout of vaccines and easing of travel restrictions, the market is expected to rebound in the coming years. Destinations offering unique experiences, safety protocols, and flexible booking options are likely to attract a larger share of outbound tourists.
The Global Outbound Travel Tourism Market is witnessing several key trends and opportunities. With the increasing disposable income and growing middle-class population in emerging economies, there is a rising demand for international travel experiences. Millennials and Gen Z travelers are driving the market with their focus on unique and experiential travel adventures. The rise of budget airlines and accommodation options has made international travel more accessible to a wider range of consumers. Technology is also playing a significant role, with the use of mobile apps for booking, personalized recommendations, and virtual reality experiences enhancing the overall travel journey. Additionally, sustainable and eco-friendly travel practices are becoming increasingly important, presenting opportunities for companies to cater to the environmentally conscious traveler segment. Overall, the outlook for the Global Outbound Travel Tourism Market is positive, with a continued focus on innovation and sustainability driving growth.
The Global Outbound Travel Tourism Market faces several challenges, including political instability in certain regions leading to safety concerns for travelers, fluctuating exchange rates affecting travel costs and budgets, increasing competition among destinations for tourist arrivals, and the impact of global events such as natural disasters or health pandemics disrupting travel plans. Additionally, changing consumer preferences and behaviors, advancements in technology shaping how travel is planned and experienced, and environmental concerns leading to a push for sustainable tourism practices are also key challenges faced by the industry. Overall, navigating these multifaceted challenges requires stakeholders in the Global Outbound Travel Tourism Market to adapt quickly, innovate, and prioritize both safety and sustainability in order to maintain growth and meet the evolving needs of travelers.
The Global Outbound Travel Tourism Market is primarily driven by factors such as increasing disposable incomes, growing middle-class population, ease of visa regulations, expanding airline networks, and the rise of digital platforms for booking travel. Consumers are seeking unique and immersive travel experiences, driving the demand for outbound tourism. Additionally, the growing trend of experiential travel, desire for cultural exploration, and the influence of social media in promoting travel destinations are also key drivers shaping the market. As travelers become more adventurous and seek authentic experiences, destinations offering diverse attractions and activities are witnessing a surge in popularity, further fueling the growth of the global outbound travel tourism market.
Government policies related to the Global Outbound Travel Tourism Market vary significantly across countries. Some governments have implemented initiatives to promote outbound tourism, such as easing visa requirements, providing financial incentives for travelers, and investing in infrastructure improvements. Additionally, many countries have established regulations to ensure the safety and security of travelers, including health and insurance requirements. On the other hand, some governments have imposed restrictions on outbound travel, particularly in response to security concerns or global events. Overall, government policies in the Global Outbound Travel Tourism Market aim to strike a balance between promoting tourism for economic growth and ensuring the well-being of travelers.
The Global Outbound Travel Tourism Market is expected to witness steady growth in the coming years, driven by factors such as rising disposable incomes, increasing urbanization, and a growing desire for experiential travel among consumers. Emerging markets in Asia Pacific and Latin America are anticipated to be key contributors to this growth, as more people from these regions are able to afford international travel. Additionally, advancements in technology and transportation infrastructure will make travel more accessible and convenient, further fueling the market expansion. However, challenges such as geopolitical uncertainties, environmental concerns, and health crises may impact the market dynamics. Overall, the outlook for the Global Outbound Travel Tourism Market remains positive, with opportunities for innovative offerings and tailored experiences to cater to the evolving preferences of travelers worldwide.
In the global outbound travel tourism market, each region offers unique opportunities and challenges. Asia is experiencing rapid growth due to rising disposable incomes and a growing middle class, with destinations like Japan, Thailand, and China becoming increasingly popular. North America remains a key player, with the United States leading outbound travel expenditure. Europe boasts diverse cultural attractions and historical sites, attracting millions of travelers annually. The Middle East and Africa are emerging markets with untapped potential, driven by improving infrastructure and government initiatives to promote tourism. Latin America`s natural beauty and rich heritage draw visitors seeking adventure and cultural experiences. Overall, the outlook for the global outbound travel tourism market is optimistic, with increasing demand for unique and authentic travel experiences across all regions.
Global Outbound Travel Tourism Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Outbound Travel Tourism Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Outbound Travel Tourism Market Revenues & Volume, 2021 & 2031F |
3.3 Global Outbound Travel Tourism Market - Industry Life Cycle |
3.4 Global Outbound Travel Tourism Market - Porter's Five Forces |
3.5 Global Outbound Travel Tourism Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Outbound Travel Tourism Market Revenues & Volume Share, By Travel Type, 2021 & 2031F |
3.7 Global Outbound Travel Tourism Market Revenues & Volume Share, By Booking Mode, 2021 & 2031F |
3.8 Global Outbound Travel Tourism Market Revenues & Volume Share, By Tourist Type, 2021 & 2031F |
3.9 Global Outbound Travel Tourism Market Revenues & Volume Share, By Destination Type, 2021 & 2031F |
4 Global Outbound Travel Tourism Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Outbound Travel Tourism Market Trends |
6 Global Outbound Travel Tourism Market, 2021 - 2031 |
6.1 Global Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Outbound Travel Tourism Market, Revenues & Volume, By Leisure Travel, 2021 - 2031 |
6.1.3 Global Outbound Travel Tourism Market, Revenues & Volume, By Business Travel, 2021 - 2031 |
6.1.4 Global Outbound Travel Tourism Market, Revenues & Volume, By Medical Tourism, 2021 - 2031 |
6.1.5 Global Outbound Travel Tourism Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Outbound Travel Tourism Market, Revenues & Volume, By Online Booking, 2021 - 2031 |
6.2.3 Global Outbound Travel Tourism Market, Revenues & Volume, By Offline Booking, 2021 - 2031 |
6.2.4 Global Outbound Travel Tourism Market, Revenues & Volume, By Travel Agencies, 2021 - 2031 |
6.2.5 Global Outbound Travel Tourism Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Outbound Travel Tourism Market, Revenues & Volume, By Individual, 2021 - 2031 |
6.3.3 Global Outbound Travel Tourism Market, Revenues & Volume, By Group, 2021 - 2031 |
6.3.4 Global Outbound Travel Tourism Market, Revenues & Volume, By Corporate, 2021 - 2031 |
6.3.5 Global Outbound Travel Tourism Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Outbound Travel Tourism Market, Revenues & Volume, By Domestic, 2021 - 2031 |
6.4.3 Global Outbound Travel Tourism Market, Revenues & Volume, By International, 2021 - 2031 |
6.4.4 Global Outbound Travel Tourism Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4.5 Global Outbound Travel Tourism Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Outbound Travel Tourism Market, Overview & Analysis |
7.1 North America Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
7.2 North America Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
7.4 North America Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
7.5 North America Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
7.6 North America Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
8 Latin America (LATAM) Outbound Travel Tourism Market, Overview & Analysis |
8.1 Latin America (LATAM) Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
8.4 Latin America (LATAM) Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
8.5 Latin America (LATAM) Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
8.6 Latin America (LATAM) Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
9 Asia Outbound Travel Tourism Market, Overview & Analysis |
9.1 Asia Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
9.4 Asia Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
9.5 Asia Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
9.6 Asia Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
10 Africa Outbound Travel Tourism Market, Overview & Analysis |
10.1 Africa Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
10.4 Africa Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
10.5 Africa Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
10.6 Africa Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
11 Europe Outbound Travel Tourism Market, Overview & Analysis |
11.1 Europe Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
11.4 Europe Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
11.5 Europe Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
11.6 Europe Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
12 Middle East Outbound Travel Tourism Market, Overview & Analysis |
12.1 Middle East Outbound Travel Tourism Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Outbound Travel Tourism Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Outbound Travel Tourism Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Outbound Travel Tourism Market, Revenues & Volume, By Travel Type, 2021 - 2031 |
12.4 Middle East Outbound Travel Tourism Market, Revenues & Volume, By Booking Mode, 2021 - 2031 |
12.5 Middle East Outbound Travel Tourism Market, Revenues & Volume, By Tourist Type, 2021 - 2031 |
12.6 Middle East Outbound Travel Tourism Market, Revenues & Volume, By Destination Type, 2021 - 2031 |
13 Global Outbound Travel Tourism Market Key Performance Indicators |
14 Global Outbound Travel Tourism Market - Export/Import By Countries Assessment |
15 Global Outbound Travel Tourism Market - Opportunity Assessment |
15.1 Global Outbound Travel Tourism Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Outbound Travel Tourism Market Opportunity Assessment, By Travel Type, 2021 & 2031F |
15.3 Global Outbound Travel Tourism Market Opportunity Assessment, By Booking Mode, 2021 & 2031F |
15.4 Global Outbound Travel Tourism Market Opportunity Assessment, By Tourist Type, 2021 & 2031F |
15.5 Global Outbound Travel Tourism Market Opportunity Assessment, By Destination Type, 2021 & 2031F |
16 Global Outbound Travel Tourism Market - Competitive Landscape |
16.1 Global Outbound Travel Tourism Market Revenue Share, By Companies, 2024 |
16.2 Global Outbound Travel Tourism Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |