Market Overview:
The global travel activities market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for leisure and recreational tourism, business tourism, health care tourism, and cultural knowledge tourism. Additionally, the growth of the millennial and Generation X population is also propelling the demand for travel activities globally. North America dominates the global market for travel activities followed by Europe and Asia Pacific.
Product Definition:
Travel Activities are the specific things that someone does while they are traveling. This can include things like sightseeing, going on tours, or visiting museums. Travel activities can be important because they allow people to see and experience new places and cultures. They can also be a way to get more out of a trip by allowing people to explore different parts of the area they are visiting.
Tourist Tourism:
Tourist tourism is the travel undertaken by tourists for leisure or business. The concept of tourist tourism has evolved over time and it depends on the type of travelers, destinations, and time period. It can be studied through various lenses such as socio-demographic (tourists' age & gender), geo-economic (distance from host city), cultural (religion) and other factors.
Recreational Tourism:
Recreational tourism is a type of tourism, in which the main purpose is to enjoy and do not require any essential travel activities. It includes traveling for the sole purpose of having fun, visiting friends or relatives, exploring new places etc. The growth of this industry can be attributed to factors such as rise in disposable income and increasing population globally.
The global recreational tourist market was valued at USD 461 billion in 2015.
Application Insights:
The millennial tourism segment dominated the global travel activities market in 2017. This can be attributed to the growing preference of millennials for adventure and recreational travel. According to a study by Expedia, Inc., millennials prefer spending their vacation time outdoors, exploring new places and experiencing different cultures over relaxing at resorts or hotels. In addition, according to a blog by USA Today Travel Media Group Company LLC., there has been an increase of more than 50% in the number of millennial-focused Destinations Guides published since 2016. TheseDestination Guides provide information on where millennials like to go on vacation including recommendations for restaurants, bars and clubs as well as sightseeing destinations specific to this generation that offer unique experiences not found anywhere else such as outdoor adventures or cultural immersion trips.
Regional Analysis:
Europe dominated the global travel activities market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing expenditure on international travel and tourism by consumers of this region, which has been witnessing an increase in spending capacity over the years. Moreover, countries such as Germany and France are among some of the most popular tourist destinations for both domestic and international travelers across Europe owing to their rich history, architecture, culture, food etc., thereby contributing significantly towards regional growth prospects.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising disposable income levels among middle-class income groups in developing economies such as China & India that have been experiencing strong economic growth since past few years (Indonesia from 6% GDP annual average Growth from 2016; Philippines from 5% GDP annual average Growth from 2016).
Growth Factors:
- Increasing disposable income of people
- Rising number of working women and their increased travel budget
- Proliferation of low-cost carriers and increase in tourism spending by domestic travellers
- Growth in the number of millennials who are more inclined to explore new places compared to older generations
- Emergence of social media platforms that have made it easier for people to discover new travel destinations
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Activities Market Research Report
By Type
Tourist Tourism, Recreational Tourism, Business Tourism, Health Care Tourism, Cultural Knowledge Tourism, Ecological/Adventure Tourism
By Application
Millennial, Generation X, Baby Boomers, Generation X
By Companies
Expedia, Airbnb, Liberty Media, TripAdvisor, Ctrip, TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Travel Activities Market Report Segments:
The global Travel Activities market is segmented on the basis of:
Types
Tourist Tourism, Recreational Tourism, Business Tourism, Health Care Tourism, Cultural Knowledge Tourism, Ecological/Adventure Tourism
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
Millennial, Generation X, Baby Boomers, Generation X
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:
- Expedia
- Airbnb
- Liberty Media
- TripAdvisor
- Ctrip
- TUI Group
- Thomas Cook Group
- Jet2 Holidays
- Cox & Kings
- Lindblad Expeditions
- Travcoa
- Scott Dunn
- Abercrombie & Kent
- Micato Safaris
- Tauck
- Al Tayyar
- Backroads
- Zicasso
- Exodus Travels
- Butterfield & Robinson
Highlights of The Travel Activities 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:
- Tourist Tourism
- Recreational Tourism
- Business Tourism
- Health Care Tourism
- Cultural Knowledge Tourism
- Ecological/Adventure Tourism
- By Application:
- Millennial
- Generation X
- Baby Boomers
- Generation X
- 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 Travel Activities 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Travel activities are any physical or mental activities that take place while on a trip. This can include things like sightseeing, shopping, eating out, and exploring new places.
Some of the major players in the travel activities market are Expedia, Airbnb, Liberty Media, TripAdvisor, Ctrip, TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson.
The travel activities 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 Travel Activities 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 Travel Activities Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Activities 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 Travel Activities 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 Travel Activities Market Size & Forecast, 2018-2028
4.5.1 Travel Activities Market Size and Y-o-Y Growth
4.5.2 Travel Activities Market Absolute $ Opportunity
Chapter 5 Global Travel Activities 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 Travel Activities Market Size Forecast by Type
5.2.1 Tourist Tourism
5.2.2 Recreational Tourism
5.2.3 Business Tourism
5.2.4 Health Care Tourism
5.2.5 Cultural Knowledge Tourism
5.2.6 Ecological/Adventure Tourism
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Activities 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 Travel Activities Market Size Forecast by Applications
6.2.1 Millennial
6.2.2 Generation X
6.2.3 Baby Boomers
6.2.4 Generation X
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Activities 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 Travel Activities 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 Travel Activities Analysis and Forecast
9.1 Introduction
9.2 North America Travel Activities 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 Travel Activities Market Size Forecast by Type
9.6.1 Tourist Tourism
9.6.2 Recreational Tourism
9.6.3 Business Tourism
9.6.4 Health Care Tourism
9.6.5 Cultural Knowledge Tourism
9.6.6 Ecological/Adventure Tourism
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 Travel Activities Market Size Forecast by Applications
9.10.1 Millennial
9.10.2 Generation X
9.10.3 Baby Boomers
9.10.4 Generation X
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 Travel Activities Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Activities 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 Travel Activities Market Size Forecast by Type
10.6.1 Tourist Tourism
10.6.2 Recreational Tourism
10.6.3 Business Tourism
10.6.4 Health Care Tourism
10.6.5 Cultural Knowledge Tourism
10.6.6 Ecological/Adventure Tourism
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 Travel Activities Market Size Forecast by Applications
10.10.1 Millennial
10.10.2 Generation X
10.10.3 Baby Boomers
10.10.4 Generation X
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 Travel Activities Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Activities 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 Travel Activities Market Size Forecast by Type
11.6.1 Tourist Tourism
11.6.2 Recreational Tourism
11.6.3 Business Tourism
11.6.4 Health Care Tourism
11.6.5 Cultural Knowledge Tourism
11.6.6 Ecological/Adventure Tourism
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 Travel Activities Market Size Forecast by Applications
11.10.1 Millennial
11.10.2 Generation X
11.10.3 Baby Boomers
11.10.4 Generation X
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 Travel Activities Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Activities 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 Travel Activities Market Size Forecast by Type
12.6.1 Tourist Tourism
12.6.2 Recreational Tourism
12.6.3 Business Tourism
12.6.4 Health Care Tourism
12.6.5 Cultural Knowledge Tourism
12.6.6 Ecological/Adventure Tourism
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 Travel Activities Market Size Forecast by Applications
12.10.1 Millennial
12.10.2 Generation X
12.10.3 Baby Boomers
12.10.4 Generation X
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) Travel Activities Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Activities 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) Travel Activities Market Size Forecast by Type
13.6.1 Tourist Tourism
13.6.2 Recreational Tourism
13.6.3 Business Tourism
13.6.4 Health Care Tourism
13.6.5 Cultural Knowledge Tourism
13.6.6 Ecological/Adventure Tourism
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) Travel Activities Market Size Forecast by Applications
13.10.1 Millennial
13.10.2 Generation X
13.10.3 Baby Boomers
13.10.4 Generation X
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 Travel Activities Market: Competitive Dashboard
14.2 Global Travel Activities Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Expedia
14.3.2 Airbnb
14.3.3 Liberty Media
14.3.4 TripAdvisor
14.3.5 Ctrip
14.3.6 TUI Group
14.3.7 Thomas Cook Group
14.3.8 Jet2 Holidays
14.3.9 Cox & Kings
14.3.10 Lindblad Expeditions
14.3.11 Travcoa
14.3.12 Scott Dunn
14.3.13 Abercrombie & Kent
14.3.14 Micato Safaris
14.3.15 Tauck
14.3.16 Al Tayyar
14.3.17 Backroads
14.3.18 Zicasso
14.3.19 Exodus Travels
14.3.20 Butterfield & Robinson
