Global Luxury Travel Market Size, Status and Forecast 2025


Report ID : RC-5406 Category : Service Industry Published Date : January 2019
Publisher : S-AND-P Pages : 102 Format : PDF
This report studies the global Luxury Travel market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Luxury Travel market by companies, region, type and end-use industry.
Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list. However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see – they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.

Growing inclination of people towards unique and exotic holiday experiences, rise in middle and upper middle class spending and the increasing impact of social media on travel industry are the key factors that drive the market growth. Emerging new destinations coupled with rising service standards in the travel industry, is anticipated to further drive the demand for luxury travel, globally.

The Small Group Journey segment accounted for about 44% of the overall luxury travel market revenue, by tour type in 2015, as this is identified as the most popular vacation option among young and middle age group travelers. In addition, Customized and Private Vacation aimed at culinary and shopping, would witness the fastest growth, registering a CAGR of 9.1% during the forecast period. An increasing number of luxury travelers are indulging in these tours as they enable these travelers to experience the finest local delicacies and also buy some of the most exquisite handicrafts. These trips are getting popular among travelers of all age groups, especially the millennials (21 - 30 years). In 2015, approximately 45% of millennials took a trip based on culinary interest.

In 2017, the global Luxury Travel market size was 5200 million US$ and it is expected to reach 9920 million US$ by the end of 2025, with a CAGR of 8.4% during 2018-2025.

This report focuses on the global top players, covered

    TUI Group

    Thomas Cook Group

    Jet2 Holidays

    Cox & Kings Ltd

    Lindblad Expeditions

    Travcoa

    Scott Dunn

    Abercrombie & Kent Ltd

    Micato Safaris

    Tauck

    Al Tayyar

    Backroads

    Zicasso

    Exodus Travels

    Butterfield & Robinson

Market segment by Regions/Countries, this report covers

    United States

    Europe

    China

    Japan

    Southeast Asia

    India

Market segment by Type, the product can be split into

    Customized and Private Vacation

    Adventure and Safari

    Cruise/Ship Expedition

    Small Group Journey

    Celebration and Special Event

    Others

Market segment by Application, split into

    Millennial

    Generation X

    Baby Boomers

The study objectives of this report are:

    To study and forecast the market size of Luxury Travel in global market.

    To analyze the global key players, SWOT analysis, value and global market share for top players.

    To define, describe and forecast the market by type, end use and region.

    To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.

    To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.

    To identify significant trends and factors driving or inhibiting the market growth.

    To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

    To strategically analyze each submarket with respect to individual growth trend and their contribution to the market

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

    To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Luxury Travel are as follows:

    History Year: 2013-2017

    Base Year: 2017

    Estimated Year: 2018

    Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Luxury Travel Manufacturers

Luxury Travel Distributors/Traders/Wholesalers

Luxury Travel Subcomponent Manufacturers

Industry Association

Downstream Vendors

Available Customizations

With the given market data, Report Consultant offers customizations according to the company's specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Luxury Travel market, by end-use.

Detailed analysis and profiles of additional market players.
Table of Contents
Global Luxury Travel Market Size, Status and Forecast 2025

1 Industry Overview of Luxury Travel

    1.1 Luxury Travel Market Overview

        1.1.1 Luxury Travel Product Scope

        1.1.2 Market Status and Outlook

    1.2 Global Luxury Travel Market Size and Analysis by Regions (2013-2018)

        1.2.1 United States

        1.2.2 Europe

        1.2.3 China

        1.2.4 Japan

        1.2.5 Southeast Asia

        1.2.6 India

    1.3 Luxury Travel Market by Type

        1.3.1 Customized and Private Vacation

        1.3.2 Adventure and Safari

        1.3.3 Cruise/Ship Expedition

        1.3.4 Small Group Journey

        1.3.5 Celebration and Special Event

        1.3.6 Others

    1.4 Luxury Travel Market by End Users/Application

        1.4.1 Millennial

        1.4.2 Generation X

        1.4.3 Baby Boomers

2 Global Luxury Travel Competition Analysis by Players

    2.1 Luxury Travel Market Size (Value) by Players (2013-2018)

    2.2 Competitive Status and Trend

        2.2.1 Market Concentration Rate

        2.2.2 Product/Service Differences

        2.2.3 New Entrants

        2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles

    3.1 TUI Group

        3.1.1 Company Profile

        3.1.2 Main Business/Business Overview

        3.1.3 Products, Services and Solutions

        3.1.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.2 Thomas Cook Group

        3.2.1 Company Profile

        3.2.2 Main Business/Business Overview

        3.2.3 Products, Services and Solutions

        3.2.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.3 Jet2 Holidays

        3.3.1 Company Profile

        3.3.2 Main Business/Business Overview

        3.3.3 Products, Services and Solutions

        3.3.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.4 Cox & Kings Ltd

        3.4.1 Company Profile

        3.4.2 Main Business/Business Overview

        3.4.3 Products, Services and Solutions

        3.4.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.5 Lindblad Expeditions

        3.5.1 Company Profile

        3.5.2 Main Business/Business Overview

        3.5.3 Products, Services and Solutions

        3.5.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.6 Travcoa

        3.6.1 Company Profile

        3.6.2 Main Business/Business Overview

        3.6.3 Products, Services and Solutions

        3.6.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.7 Scott Dunn

        3.7.1 Company Profile

        3.7.2 Main Business/Business Overview

        3.7.3 Products, Services and Solutions

        3.7.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.8 Abercrombie & Kent Ltd

        3.8.1 Company Profile

        3.8.2 Main Business/Business Overview

        3.8.3 Products, Services and Solutions

        3.8.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.9 Micato Safaris

        3.9.1 Company Profile

        3.9.2 Main Business/Business Overview

        3.9.3 Products, Services and Solutions

        3.9.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.10 Tauck

        3.10.1 Company Profile

        3.10.2 Main Business/Business Overview

        3.10.3 Products, Services and Solutions

        3.10.4 Luxury Travel Revenue (Million USD) (2013-2018)

    3.11 Al Tayyar

    3.12 Backroads

    3.13 Zicasso

    3.14 Exodus Travels

    3.15 Butterfield & Robinson

4 Global Luxury Travel Market Size by Type and Application (2013-2018)

    4.1 Global Luxury Travel Market Size by Type (2013-2018)

    4.2 Global Luxury Travel Market Size by Application (2013-2018)

    4.3 Potential Application of Luxury Travel in Future

    4.4 Top Consumer/End Users of Luxury Travel

5 United States Luxury Travel Development Status and Outlook

    5.1 United States Luxury Travel Market Size (2013-2018)

    5.2 United States Luxury Travel Market Size and Market Share by Players (2013-2018)

    5.3 United States Luxury Travel Market Size by Application (2013-2018)

6 Europe Luxury Travel Development Status and Outlook

    6.1 Europe Luxury Travel Market Size (2013-2018)

    6.2 Europe Luxury Travel Market Size and Market Share by Players (2013-2018)

    6.3 Europe Luxury Travel Market Size by Application (2013-2018)

7 China Luxury Travel Development Status and Outlook

    7.1 China Luxury Travel Market Size (2013-2018)

    7.2 China Luxury Travel Market Size and Market Share by Players (2013-2018)

    7.3 China Luxury Travel Market Size by Application (2013-2018)

8 Japan Luxury Travel Development Status and Outlook

    8.1 Japan Luxury Travel Market Size (2013-2018)

    8.2 Japan Luxury Travel Market Size and Market Share by Players (2013-2018)

    8.3 Japan Luxury Travel Market Size by Application (2013-2018)

9 Southeast Asia Luxury Travel Development Status and Outlook

    9.1 Southeast Asia Luxury Travel Market Size (2013-2018)

    9.2 Southeast Asia Luxury Travel Market Size and Market Share by Players (2013-2018)

    9.3 Southeast Asia Luxury Travel Market Size by Application (2013-2018)

10 India Luxury Travel Development Status and Outlook

    10.1 India Luxury Travel Market Size (2013-2018)

    10.2 India Luxury Travel Market Size and Market Share by Players (2013-2018)

    10.3 India Luxury Travel Market Size by Application (2013-2018)

11 Market Forecast by Regions, Type and Application (2018-2025)

    11.1 Global Luxury Travel Market Size (Value) by Regions (2018-2025)

        11.1.1 United States Luxury Travel Revenue and Growth Rate (2018-2025)

        11.1.2 Europe Luxury Travel Revenue and Growth Rate (2018-2025)

        11.1.3 China Luxury Travel Revenue and Growth Rate (2018-2025)

        11.1.4 Japan Luxury Travel Revenue and Growth Rate (2018-2025)

        11.1.5 Southeast Asia Luxury Travel Revenue and Growth Rate (2018-2025)

        11.1.6 India Luxury Travel Revenue and Growth Rate (2018-2025)

    11.2 Global Luxury Travel Market Size (Value) by Type (2018-2025)

    11.3 Global Luxury Travel Market Size by Application (2018-2025)

12 Luxury Travel Market Dynamics

    12.1 Luxury Travel Market Opportunities

    12.2 Luxury Travel Challenge and Risk

        12.2.1 Competition from Opponents

        12.2.2 Downside Risks of Economy

    12.3 Luxury Travel Market Constraints and Threat

        12.3.1 Threat from Substitute

        12.3.2 Government Policy

        12.3.3 Technology Risks

    12.4 Luxury Travel Market Driving Force

        12.4.1 Growing Demand from Emerging Markets

        12.4.2 Potential Application

13 Market Effect Factors Analysis

    13.1 Technology Progress/Risk

        13.1.1 Substitutes

        13.1.2 Technology Progress in Related Industry

    13.2 Consumer Needs Trend/Customer Preference

    13.3 External Environmental Change

        13.3.1 Economic Fluctuations

        13.3.2 Other Risk Factors

14 Research Finding/Conclusion

15 Appendix

    Methodology

    Analyst Introduction

    Data Source

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