Synopsis
The travel service industry consists of companies whose primary goal is to market travel services by providing the services of booking and arranging travel tours and accommodations to general and commercial clients.
The global Travel Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Travel Services in various end use industries. The expanding demands from the Corporations and Individual Travelers, are propelling Travel Services market. Tour Packages, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Flight Bookings segment is estimated at % CAGR for the next seven-year period.
In 2022, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2022, a two-fold increase compared to 2021. In 2022, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2021. According to data from the Ministry of Culture and Tourism of China, in 2022, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Travel Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Travel Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Travel Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Travel Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Travel Services covered in this report include Asia World Enterprise, Carlson Wagonlit Travel, Central America Travel Services and Regency Travel & Tours, etc.
The global Travel Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Asia World Enterprise
Carlson Wagonlit Travel
Central America Travel Services
Regency Travel & Tours
Global Travel Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Travel Services market, Segment by Type:
Tour Packages
Flight Bookings
Hotel Booking Services
Cruise Bookings
Rail Bookings
Car Rental Services
Others
Global Travel Services market, by Application
Corporations
Individual Travelers
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Travel Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Travel Services
1.1 Travel Services Market Overview
1.1.1 Travel Services Product Scope
1.1.2 Travel Services Market Status and Outlook
1.2 Global Travel Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Travel Services Market Size by Region (2018-2029)
1.4 Global Travel Services Historic Market Size by Region (2018-2023)
1.5 Global Travel Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Travel Services Market Size (2018-2029)
1.6.1 North America Travel Services Market Size (2018-2029)
1.6.2 Europe Travel Services Market Size (2018-2029)
1.6.3 Asia-Pacific Travel Services Market Size (2018-2029)
1.6.4 Latin America Travel Services Market Size (2018-2029)
1.6.5 Middle East & Africa Travel Services Market Size (2018-2029)
2 Travel Services Market by Type
2.1 Introduction
2.1.1 Tour Packages
2.1.2 Flight Bookings
2.1.3 Hotel Booking Services
2.1.4 Cruise Bookings
2.1.5 Rail Bookings
2.1.6 Car Rental Services
2.1.7 Others
2.2 Global Travel Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Travel Services Historic Market Size by Type (2018-2023)
2.2.2 Global Travel Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Travel Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Travel Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Travel Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Travel Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Travel Services Revenue Breakdown by Type (2018-2029)
3 Travel Services Market Overview by Application
3.1 Introduction
3.1.1 Corporations
3.1.2 Individual Travelers
3.2 Global Travel Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Travel Services Historic Market Size by Application (2018-2023)
3.2.2 Global Travel Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Travel Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Travel Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Travel Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Travel Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Travel Services Revenue Breakdown by Application (2018-2029)
4 Travel Services Competition Analysis by Players
4.1 Global Travel Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Travel Services as of 2022)
4.3 Date of Key Players Enter into Travel Services Market
4.4 Global Top Players Travel Services Headquarters and Area Served
4.5 Key Players Travel Services Product Solution and Service
4.6 Competitive Status
4.6.1 Travel Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Asia World Enterprise
5.1.1 Asia World Enterprise Profile
5.1.2 Asia World Enterprise Main Business
5.1.3 Asia World Enterprise Travel Services Products, Services and Solutions
5.1.4 Asia World Enterprise Travel Services Revenue (US$ Million) & (2018-2023)
5.1.5 Asia World Enterprise Recent Developments
5.2 Carlson Wagonlit Travel
5.2.1 Carlson Wagonlit Travel Profile
5.2.2 Carlson Wagonlit Travel Main Business
5.2.3 Carlson Wagonlit Travel Travel Services Products, Services and Solutions
5.2.4 Carlson Wagonlit Travel Travel Services Revenue (US$ Million) & (2018-2023)
5.2.5 Carlson Wagonlit Travel Recent Developments
5.3 Central America Travel Services
5.3.1 Central America Travel Services Profile
5.3.2 Central America Travel Services Main Business
5.3.3 Central America Travel Services Travel Services Products, Services and Solutions
5.3.4 Central America Travel Services Travel Services Revenue (US$ Million) & (2018-2023)
5.3.5 Regency Travel & Tours Recent Developments
5.4 Regency Travel & Tours
5.4.1 Regency Travel & Tours Profile
5.4.2 Regency Travel & Tours Main Business
5.4.3 Regency Travel & Tours Travel Services Products, Services and Solutions
5.4.4 Regency Travel & Tours Travel Services Revenue (US$ Million) & (2018-2023)
5.4.5 Regency Travel & Tours Recent Developments
6 North America
6.1 North America Travel Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Travel Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Travel Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Travel Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Travel Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Travel Services Market Dynamics
11.1 Travel Services Industry Trends
11.2 Travel Services Market Drivers
11.3 Travel Services Market Challenges
11.4 Travel Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List