NEW YORK, June 9, 2021 /PRNewswire/ --
The luxury travel market is poised to grow by USD 1,232.77 billion during 2021-2025, decelerating at a CAGR of almost 26% during the forecast period.
NEW YORK, June 9, 2021 /PRNewswire/ --
The luxury travel market is poised to grow by USD 1,232.77 billion during 2021-2025, decelerating at a CAGR of almost 26% during the forecast period.
View our exclusive report on market scenarios, estimates, the impact of lockdown, and customer behaviour.
The report on the luxury travel market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by increasing disposable incomes, advances in technology, and growing digital connectivity.
The luxury travel market analysis includes type and geography segments. This study identifies the trending sports tourism, growing demand for multigenerational and micro trips, and higher acceptance of online travel agencies as some of the prime reasons driving the luxury travel market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The luxury travel market covers the following areas:
Luxury Travel Market Sizing
Luxury Travel Market Forecast
Luxury Travel Market Analysis
Companies Mentioned
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Culinary Tourism Market by Type and Geography - Forecast and Analysis 2021-2025: The culinary tourism market has the potential to grow by USD 31.42 billion during 2021-2025, according to Technavio. Download PDF Sample
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Consumer
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Report: https://www.technavio.com/report/luxury-travel-market-industry-analysis
SOURCE Technavio
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