China Outbound MICE Tourism Market and Forecast to 2020

Nov 03, 2015, 13:58 ET from ReportBuyer

LONDON, Nov. 3, 2015 /PRNewswire/ -- The Meetings, Incentives, Conventions and Event (MICE) industry is one of the fastest growing segments within the travel and tourism industry. It currently generates millions of revenues for cities, countries, as well as the stakeholders. Globally, the MICE industry is constantly launching new and refreshed initiatives to help drive the growth, volume and type of business events, staged in their respective countries. The number of Chinese MICE tourists visiting abroad has grown continuously over the past five years. While majority of China's outbound tourists prefer destinations within Asia, regions like the U.S., Europe and Africa appear to be increasingly appealing as popular tourist destinations for Chinese travelers. The biggest challenge for the Chinese outbound MICE industry is the language issues and ease and convenience of obtaining visas.

China Outbound MICE Tourists Visit Analysis: In terms of Chinese outbound MICE tourists visit, Hong Kong accounts for the maximum share in 2014. Macau stands at the 2nd position with over XX% tourists share in 2014 being followed by South Korea with XX% tourists share. United States is the 4th most popular destination for Chinese MICE travelers while Vietnam stands at the 5th slot. The other popular destination for Chinese outbound MICE travelers is Thailand, Japan, Malaysia and Singapore. In European region, Germany, Russia, France, Spain and Italy are the popular destination for Chinese MICE travelers.


China Outbound MICE Tourists Spending Analysis: In terms of Chinese outbound MICE tourists spending, United States stands at the top position, being followed by Macau at the 2nd slot in the year 2014. Hong Kong contributed around XX% spending share in 2014. South Korea and Vietnam stands at the 4th and 5th spot respectively. In European region, Germany and Russia are competing closely with each other to grab maximum share of the spending.

iGATE Research report titled "China Outbound MICE Tourism Market and Forecast to 2020" is a 124 page report with 77 Figures and 6 Tables. This report analyses the China outbound MICE tourists visit and spending to Top 18 Countries, China outbound MICE tourists Visit and spending share, driving factors and challenges for the China outbound MICE tourism market.


The 18 countries covered in the report have been analyzed from 2 viewpoints:

1. Chinese Outbound MICE Tourists Visit and Forecast (2010 - 2020)
2. Chinese Outbound MICE Tourists Spending and Forecast (2010 -2020)


The 18 Countries Analyzed in the report are as follows:

1. Hong Kong
2. Thailand
3. South Korea
4. Macau
5. Singapore
6. Malaysia
7. Japan
8. Vietnam
9. Indonesia
10. United States
11. France
12. Italy
13. Germany
14. Switzerland
15. Russia
16. United Kingdom
17. Spain
18. Others

Source of Information

iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.


Research Methodologies

Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.

Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government And NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries And Local Councils and a large number of Paid Databases.

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