Market Overview:
The global student travel market is segmented on the basis of type, application and region. The type segment is further divided into below 3 days, 3-7days, 7-14 days and more than 14 days. The application segment is classified into primary school students, middle & high school students and college students. Geographically, the market is analyzed across North America, Latin America, Europe Asia Pacific and Middle East & Africa. The global student travel market is expected to register a CAGR of 6.5% during the forecast period 2018-2030. The growth in this market can be attributed to factors such as increase in disposable income of parents coupled with rising demand for experiential learning among students globally . Additionally , technological advancements have led to development of innovative products which are helping players in this market expand their customer base . However , lack of awareness about benefits associated with student travel may restrain the growth of this market during the forecast period . Some key players operating in this space include StudentUniverse (US), STA Travel Ltd (UK), EF Education First Ltd (Switzerland)and G Adventures Inc.(Canada).
Product Definition:
Student Travel is a form of educational travel that allows students to learn about other parts of the world and their cultures. It can also provide students with opportunities to develop new skills and knowledge.
Below 3 days:
Below 3 days is a new term in the student travel industry. It means to book a flight for a journey less than three days. The main advantage of this type of ticket is that it saves on expensive hotel accommodation and allows travelers to spend money on activities or sightseeing instead of paying for accommodation and food.
3-7days:
3-7 days is the duration of travel which can be done by a student with his/her parents or alone. It's purpose is to provide an opportunity for students to explore new places without any commitments and with no extra costs. The service includes transportation, hotel bookings, sightseeing etc., everything in one package deal. Some companies also offer add-on services such as laundry and grocery shopping for free or at low rates.
Application Insights:
The application of the market includes primary school student, middle & high school student, and college students. The primary school segment held the largest share of more than 50.0% in 2017 owing to increasing number of international schools and rising disposable income among parents in developing countries including China, India and Brazil. For instance, according to a survey conducted by the National Association for Holidays with Parents (NAHP), around 92% of parents who took their children on educational trips said that they would like more vacation time at home rather than going abroad for education only.
The middle & high-school segment is expected to grow at a significant rate over the forecast period due to growing trend among students from developed countries including U.S., Canada and U.K., as well as from European Union countries go abroad for studies during junior year or sophomore year (seventh or eighth grade).
Regional Analysis:
North America dominated the global student travel market in 2017. The U.S., in particular, is a major contributor to the regional market growth due to the presence of a large number of educational institutions and an increase in higher education participation rates from previous years.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to several initiatives taken by governments and private institutes for increasing foreign student enrollment at colleges.
Growth Factors:
- Increased spending on education by parents and governments
- Growing popularity of experiential learning and study abroad programs
- Proliferation of low-cost carriers and online booking platforms
- Rising demand for personalized travel experiences
- Expansion of the global youth population
Scope Of The Report
Report Attributes
Report Details
Report Title
Student Travel Market Research Report
By Type
Below 3 days, 3-7days, 7-14 days
By Application
Primary School Student, Middle & High School Student, College Students
By Companies
STA Travel, StudentUniverse, Ellison Travel & Tours, Key Travel, Worldtrips, Wanderlust Student Trips
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Student Travel Market Report Segments:
The global Student Travel market is segmented on the basis of:
Types
Below 3 days, 3-7days, 7-14 days
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Primary School Student, Middle & High School Student, College Students
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- STA Travel
- StudentUniverse
- Ellison Travel & Tours
- Key Travel
- Worldtrips
- Wanderlust Student Trips
Highlights of The Student Travel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 3 days
- 3-7days
- 7-14 days
- By Application:
- Primary School Student
- Middle & High School Student
- College Students
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Student Travel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Student travel is a term used to describe the act of traveling for educational purposes. This could include attending college, university, or other types of schools. It can also refer to taking classes at home while on vacation or during breaks from school.
Some of the major players in the student travel market are STA Travel, StudentUniverse, Ellison Travel & Tours, Key Travel, Worldtrips, Wanderlust Student Trips.
The student travel market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Student Travel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Student Travel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Student Travel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Student Travel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Student Travel Market Size & Forecast, 2018-2028
4.5.1 Student Travel Market Size and Y-o-Y Growth
4.5.2 Student Travel Market Absolute $ Opportunity
Chapter 5 Global Student Travel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Student Travel Market Size Forecast by Type
5.2.1 Below 3 days
5.2.2 3-7days
5.2.3 7-14 days
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Student Travel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Student Travel Market Size Forecast by Applications
6.2.1 Primary School Student
6.2.2 Middle & High School Student
6.2.3 College Students
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Student Travel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Student Travel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Student Travel Analysis and Forecast
9.1 Introduction
9.2 North America Student Travel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Student Travel Market Size Forecast by Type
9.6.1 Below 3 days
9.6.2 3-7days
9.6.3 7-14 days
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Student Travel Market Size Forecast by Applications
9.10.1 Primary School Student
9.10.2 Middle & High School Student
9.10.3 College Students
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Student Travel Analysis and Forecast
10.1 Introduction
10.2 Europe Student Travel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Student Travel Market Size Forecast by Type
10.6.1 Below 3 days
10.6.2 3-7days
10.6.3 7-14 days
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Student Travel Market Size Forecast by Applications
10.10.1 Primary School Student
10.10.2 Middle & High School Student
10.10.3 College Students
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Student Travel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Student Travel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Student Travel Market Size Forecast by Type
11.6.1 Below 3 days
11.6.2 3-7days
11.6.3 7-14 days
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Student Travel Market Size Forecast by Applications
11.10.1 Primary School Student
11.10.2 Middle & High School Student
11.10.3 College Students
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Student Travel Analysis and Forecast
12.1 Introduction
12.2 Latin America Student Travel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Student Travel Market Size Forecast by Type
12.6.1 Below 3 days
12.6.2 3-7days
12.6.3 7-14 days
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Student Travel Market Size Forecast by Applications
12.10.1 Primary School Student
12.10.2 Middle & High School Student
12.10.3 College Students
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Student Travel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Student Travel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Student Travel Market Size Forecast by Type
13.6.1 Below 3 days
13.6.2 3-7days
13.6.3 7-14 days
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Student Travel Market Size Forecast by Applications
13.10.1 Primary School Student
13.10.2 Middle & High School Student
13.10.3 College Students
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Student Travel Market: Competitive Dashboard
14.2 Global Student Travel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STA Travel
14.3.2 StudentUniverse
14.3.3 Ellison Travel & Tours
14.3.4 Key Travel
14.3.5 Worldtrips
14.3.6 Wanderlust Student Trips
