Luxury Travel Market Vendor Landscape
- The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.
- Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- The luxury travel market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Top luxury travel market participants covered in this report with product offerings are:
- Indigenous Tourism BC-The company provides luxurious travels related to culinary and wildlife in various destinations across the globe.
- Classic Journeys-The company provides a comprehensive range of luxury travels including culinary travel, personalized vacation, and river cruising, among others in destinations such as Croatia, Chile, Patagonia, Costa Rica, Morocco, and others.
- Abercrombie & Kent USA LLC-The company provides luxury travel across destinations around the world.
Some other companies classified as dominant players in the report are:
- Absolute Travel Inc.
- Odyssey World
- Responsible Travel
- Scott Dunn
- Travelopia
- Butterfield & Robinson Inc
- Cox & Kings Ltd
Want to know more about the product offerings from other contributing vendors? Buy Report Now!
Luxury Travel Market Revenue-generating Segment Highlights
- Consumer
- Domestic: The domestic luxury travel segment is anticipated to contribute to significant market growth. The growth in domestic luxury travel is driven by easy government regulations, lack of currency exchange issues, and the familiarity of the culture and the language. India, China, and the US are the most preferred destinations for domestic luxury travel. The number of domestic tourists has increased significantly in these countries.
Various vendors in the global domestic luxury travel market are offering travel tours to famous places in their home country, which have picturesque natural beauty and offer exposure to the cultural and traditional beauty of places. For instance, Intrepid Group Ltd. offers domestic luxury travel services in Morocco.
- International
- Type
- Adventure:
- Personalized
- Cruising And Yachting
- Culinary,
- Others
- Geography
- Europe: 30% of the market's growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for luxury travel in Europe. Market growth in this region will be slower than the growth of the market in other regions. Factors such as the growing disposable income, the increasing number of baby boomers, and increasing demand for personalized vacations will fuel the market growth. In addition, the presence of numerous exotic destinations, availability of easy transport facilities, the rapid increase in the number of food and beverage festivals, and the presence of major vendors will propel the luxury travel market growth in Europe over the forecast period.
- North America
- APAC
- MEA
- South America
Luxury Travel Market Scope
Technavio calculates the global hotels, restaurants, and leisure industry market size based on combined revenue generated by companies of casinos and gaming; hotels, restaurants, and leisure; leisure facilities; and restaurants. Our report provides extensive information on the value chain analysis for the luxury travel market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The luxury travel market report covers the following areas:
Luxury Travel Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist luxury travel market growth during the next five years
- Estimation of the luxury travel market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the luxury travel market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of luxury travel market, vendors
Related Reports:
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Wellness Tourism Market by Type, Application, and Geography - Forecast and Analysis 2022-2026
Adventure Tourism Market by Type, Source, and Geography - Forecast and Analysis 2022-2026
Sustainable Tourism Market by Type and Geography - Forecast and Analysis 2021-2025
Luxury Travel Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 25.7% |
Market growth 2021-2025 |
$ 1.23 trillion |
Market structure |
Fragmented |
YoY growth (%) |
45.30 |
Regional analysis |
APAC, MEA, North America, South America, and Europe |
Performing market contribution |
Europe at 30% |
Key consumer countries |
US, Germany, China, France, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abercrombie & Kent USA LLC, Absolute Travel Inc., Butterfield & Robinson Inc., Classic Journeys, Cox & Kings Ltd., Indigenous Tourism BC, Odyssey World, Responsible Travel, Scott Dunn, and Travelopia |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain: Global hotels, restaurants, and leisure market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 15: Type - Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 16: Comparison by Type
- 5.3 Adventure - Market size and forecast 2020-2025
- Exhibit 17: Adventure - Market size and forecast 2020-2025 ($ billion)
- Exhibit 18: Adventure - Year-over-year growth 2020-2025 (%)
- 5.4 Personalized - Market size and forecast 2020-2025
- Exhibit 19: Personalized - Market size and forecast 2020-2025 ($ billion)
- Exhibit 20: Personalized - Year-over-year growth 2020-2025 (%)
- 5.5 Cruising and yachting - Market size and forecast 2020-2025
- Exhibit 21: Cruising and yachting - Market size and forecast 2020-2025 ($ billion)
- Exhibit 22: Cruising and yachting - Year-over-year growth 2020-2025 (%)
- 5.6 Culinary - Market size and forecast 2020-2025
- Exhibit 23: Culinary - Market size and forecast 2020-2025 ($ billion)
- Exhibit 24: Culinary - Year-over-year growth 2020-2025 (%)
- 5.7 Others - Market size and forecast 2020-2025
- Exhibit 25: Others - Market size and forecast 2020-2025 ($ billion)
- Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
- 5.8 Market opportunity by Type
- Exhibit 27: Market opportunity by Type
6 Market Segmentation by Consumer
- 6.1 Market segments
- Exhibit 28: Consumer - Market share 2020-2025 (%)
- 6.2 Comparison by Consumer
- Exhibit 29: Comparison by Consumer
- 6.3 Domestic - Market size and forecast 2020-2025
- Exhibit 30: Domestic - Market size and forecast 2020-2025 ($ billion)
- Exhibit 31: Domestic - Year-over-year growth 2020-2025 (%)
- 6.4 International - Market size and forecast 2020-2025
- Exhibit 32: International - Market size and forecast 2020-2025 ($ billion)
- Exhibit 33: International - Year-over-year growth 2020-2025 (%)
- 6.5 Market opportunity by Consumer
- Exhibit 34: Market opportunity by Consumer
7 Customer landscape
- 7.1 Customer landscape
- Exhibit 35: Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 36: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 37: Geographic comparison
- 8.3 Europe - Market size and forecast 2020-2025
- Exhibit 38: Europe - Market size and forecast 2020-2025 ($ billion)
- Exhibit 39: Europe - Year-over-year growth 2020-2025 (%)
- 8.4 North America - Market size and forecast 2020-2025
- Exhibit 40: North America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 41: North America - Year-over-year growth 2020-2025 (%)
- 8.5 APAC - Market size and forecast 2020-2025
- Exhibit 42: APAC - Market size and forecast 2020-2025 ($ billion)
- Exhibit 43: APAC - Year-over-year growth 2020-2025 (%)
- 8.6 MEA - Market size and forecast 2020-2025
- Exhibit 44: MEA - Market size and forecast 2020-2025 ($ billion)
- Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)
- 8.7 South America - Market size and forecast 2020-2025
- Exhibit 46: South America - Market size and forecast 2020-2025 ($ billion)
- Exhibit 47: South America - Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 48: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 49: Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
- 9.2 Market challenges
- Exhibit 50: Impact of drivers and challenges
10 Vendor Landscape
- 10.2 Vendor landscape
- Exhibit 51: Vendor landscape
- 10.3 Landscape disruption
- Exhibit 52: Landscape disruption
- Exhibit 53: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 54: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 55: Market positioning of vendors
- 11.3 Abercrombie & Kent USA LLC
- Exhibit 56: Abercrombie & Kent USA LLC - Overview
- Exhibit 57: Abercrombie & Kent USA LLC - Product and service
- Exhibit 58: Abercrombie & Kent USA LLC – Key news
- Exhibit 59: Abercrombie & Kent USA LLC - Key offerings
- 11.4 Absolute Travel Inc.
- Exhibit 60: Absolute Travel Inc. - Overview
- Exhibit 61: Absolute Travel Inc. - Product and service
- Exhibit 62: Absolute Travel Inc. - Key offerings
- 11.5 Butterfield & Robinson Inc.
- Exhibit 63: Butterfield & Robinson Inc. - Overview
- Exhibit 64: Butterfield & Robinson Inc. - Product and service
- Exhibit 65: Butterfield & Robinson Inc. - Key offerings
- 11.6 Classic Journeys
- Exhibit 66: Classic Journeys - Overview
- Exhibit 67: Classic Journeys - Product and service
- Exhibit 68: Classic Journeys – Key news
- Exhibit 69: Classic Journeys - Key offerings
- 11.7 Cox & Kings Ltd.
- Exhibit 70: Cox & Kings Ltd. - Overview
- Exhibit 71: Cox & Kings Ltd. - Product and service
- Exhibit 72: Cox & Kings Ltd. – Key news
- Exhibit 73: Cox & Kings Ltd. - Key offerings
- 11.8 Indigenous Tourism BC
- Exhibit 74: Indigenous Tourism BC - Overview
- Exhibit 75: Indigenous Tourism BC - Product and service
- Exhibit 76: Indigenous Tourism BC – Key news
- Exhibit 77: Indigenous Tourism BC - Key offerings
- 11.9 Odyssey World
- Exhibit 78: Odyssey World - Overview
- Exhibit 79: Odyssey World - Product and service
- Exhibit 80: Odyssey World – Key news
- Exhibit 81: Odyssey World - Key offerings
- 11.10 Responsible Travel
- Exhibit 82: Responsible Travel - Overview
- Exhibit 83: Responsible Travel - Product and service
- Exhibit 84: Responsible Travel - Key offerings
- 11.11 Scott Dunn
- Exhibit 85: Scott Dunn - Overview
- Exhibit 86: Scott Dunn - Product and service
- Exhibit 87: Scott Dunn - Key offerings
- 11.12 Travelopia
- Exhibit 88: Travelopia - Overview
- Exhibit 89: Travelopia - Product and service
- Exhibit 90: Travelopia – Key news
- Exhibit 91: Travelopia - Key offerings
12 Appendix
- 12.2 Currency conversion rates for US$
- Exhibit 92: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 93: Research Methodology
- Exhibit 94: Validation techniques employed for market sizing
- Exhibit 95: Information sources
- 12.4 List of abbreviations
- Exhibit 96: List of abbreviations
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