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Driving Vacation Market by Tour Type, Traveler Type, Mode of Booking: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 301 Pages
  • December 2022
  • Region: Global
  • Allied Market Research
  • ID: 5743566
The global driving vacation market was valued at $121,200.0 million in 2021, and is projected to reach $513,254.0 million by 2031, registering a CAGR of 15.7% from 2022 to 2031.

Driving vacations include extensive road trips that can be taken either independently or with a driver. In other words, a driving vacation is when a person travels outside of their usual environment and explores locations that interest them personally. Online travel service providers make travel planning easy and road trip hassle free. OTAs invest millions of dollars each year to attract customers from all over the world to their online travel markets. Their investment on television and internet advertising, sponsorships and billboards, social media and other marketing platforms enables hotels and travel agencies to engage hard-to-reach travelers they could not afford to reach otherwise. Additionally, the adoption of web-based hotel and ticket booking as well as the use of AI and IoT to improve booking operation efficiency are expected to bolster the growth of the driving vacation market. Booking a trip takes only minutes rather than hours because the Internet allows customers to communicate quickly with the travel partners of the agencies.

Growth in in the consumer spending and desire to explore unique location has led to emergence of new destination in the country. The driving vacation market witnesses growth due to three reasons:
People were under lockdown well over 2 years due to COVID-19 and have missed out on exploring and enjoying side seeing for that time period. Thus as the restriction are being lifted people are moving out of their houses and traveling to tourist places.

There is an increase spending capabilities and desire to explore unique location has led to emergence of new destination in the country.

People are now trying to enjoy the route which they take rather than visiting just the destinations for vacation. For example, the route 76 in US is quite famous for bike riders and Spiti Valley in India is also an iconic location that is recommended to be explore by road for its scenic beauty.

Furthermore, People are now trying to avoid crowded places and are much more interested to visit to locations that are remote, untouched, and not easily accessible to all. COVID-19 pandemic has impacted all the industries globally. The driving vacation industry has been hit hard all over the world, impacting its associated sectors such as travel agencies, hospitality, tour operators, and all kinds of transportation services.

The global driving vacation market is categorized into tour type, traveler type, mode of booking and region. By tour type, it is classified into customized road tour and fixed departure tour. On the basis of traveler type, it is fragmented into solo, group and others. By mode of booking, the market is segmented into online travel agency and direct travel agents. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Switzerland, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia and Rest of Asia-Pacific). LAMEA (UAE, South Africa, Saudi Arabia, Brazil, Turkey and Rest of LAMEA)
The key players profiled in this report include Alamo, Adventures overland, American Express Travel, Expedia group Inc., The hertz corporation, JTB Americas ltd., Priceline (booking holding Inc., Scott Dunn ltd., SOTC travel, Thomas Cook India Pvt. Ltd, Tourradar, Travel leader group, Travelsphere, Triumph Expedition Pvt. Ltd., Undiscovered mountains, Wexas Travel Management, World travel Inc., Butterfield & Robinson, Wild frontiers travel and Audley travel.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the driving vacation market analysis from 2021 to 2031 to identify the prevailing driving vacation market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the driving vacation market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global driving vacation market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Tour Type

  • Customized Road Tour
  • Fixed Departure Tour

By Traveler type

  • Solo
  • Group
  • Others

By Mode of booking

  • Online travel agency
  • Direct travel agents

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Switzerland
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
  • LAMEA
  • UAE
  • South Africa
  • Saudi Arabia
  • Brazil
  • Turkey
  • Rest of LAMEA

Key Market Players

  • Alamo
  • Adventures overland
  • TourRadar
  • Expedia Group Inc.
  • JTB AMERICAS, LTD
  • SCOTT DUNN LTD
  • SOTC travel
  • THOMAS COOK INDIA LTD
  • travelsphere
  • wexas travel management
  • Triumph expedition pvt. Ltd
  • Undiscovered mountains
  • AMERICAN EXPRESS TRAVEL
  • World travel inc
  • BUTTERFIELD & ROBINSON
  • the hertz corporation
  • travel leaders group
  • PRICELINE (BOOKING HOLDINGS INC.)
  • wild frontiers travel.com
  • Audley Travel

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Market Share Analysis

CHAPTER 4: DRIVING VACATION MARKET, BY TOUR TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Customized Road Tour
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Fixed Departure Tour
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: DRIVING VACATION MARKET, BY TRAVELER TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Solo
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Group
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country

CHAPTER 6: DRIVING VACATION MARKET, BY MODE OF BOOKING
6.1 Overview
6.1.1 Market size and forecast
6.2 Online travel agency
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Direct travel agents
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: DRIVING VACATION MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Tour Type
7.2.3 North America Market size and forecast, by Traveler type
7.2.4 North America Market size and forecast, by Mode of booking
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Tour Type
7.2.5.1.2 Market size and forecast, by Traveler type
7.2.5.1.3 Market size and forecast, by Mode of booking
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Tour Type
7.2.5.2.2 Market size and forecast, by Traveler type
7.2.5.2.3 Market size and forecast, by Mode of booking
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Tour Type
7.2.5.3.2 Market size and forecast, by Traveler type
7.2.5.3.3 Market size and forecast, by Mode of booking
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Tour Type
7.3.3 Europe Market size and forecast, by Traveler type
7.3.4 Europe Market size and forecast, by Mode of booking
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Tour Type
7.3.5.1.2 Market size and forecast, by Traveler type
7.3.5.1.3 Market size and forecast, by Mode of booking
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Tour Type
7.3.5.2.2 Market size and forecast, by Traveler type
7.3.5.2.3 Market size and forecast, by Mode of booking
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Tour Type
7.3.5.3.2 Market size and forecast, by Traveler type
7.3.5.3.3 Market size and forecast, by Mode of booking
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Tour Type
7.3.5.4.2 Market size and forecast, by Traveler type
7.3.5.4.3 Market size and forecast, by Mode of booking
7.3.5.5 Switzerland
7.3.5.5.1 Market size and forecast, by Tour Type
7.3.5.5.2 Market size and forecast, by Traveler type
7.3.5.5.3 Market size and forecast, by Mode of booking
7.3.5.6 Spain
7.3.5.6.1 Market size and forecast, by Tour Type
7.3.5.6.2 Market size and forecast, by Traveler type
7.3.5.6.3 Market size and forecast, by Mode of booking
7.3.5.7 Rest of Europe
7.3.5.7.1 Market size and forecast, by Tour Type
7.3.5.7.2 Market size and forecast, by Traveler type
7.3.5.7.3 Market size and forecast, by Mode of booking
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Tour Type
7.4.3 Asia-Pacific Market size and forecast, by Traveler type
7.4.4 Asia-Pacific Market size and forecast, by Mode of booking
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Tour Type
7.4.5.1.2 Market size and forecast, by Traveler type
7.4.5.1.3 Market size and forecast, by Mode of booking
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Tour Type
7.4.5.2.2 Market size and forecast, by Traveler type
7.4.5.2.3 Market size and forecast, by Mode of booking
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Tour Type
7.4.5.3.2 Market size and forecast, by Traveler type
7.4.5.3.3 Market size and forecast, by Mode of booking
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Tour Type
7.4.5.4.2 Market size and forecast, by Traveler type
7.4.5.4.3 Market size and forecast, by Mode of booking
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Tour Type
7.4.5.5.2 Market size and forecast, by Traveler type
7.4.5.5.3 Market size and forecast, by Mode of booking
7.4.5.6 Thailand
7.4.5.6.1 Market size and forecast, by Tour Type
7.4.5.6.2 Market size and forecast, by Traveler type
7.4.5.6.3 Market size and forecast, by Mode of booking
7.4.5.7 Malaysia
7.4.5.7.1 Market size and forecast, by Tour Type
7.4.5.7.2 Market size and forecast, by Traveler type
7.4.5.7.3 Market size and forecast, by Mode of booking
7.4.5.8 Indonesia
7.4.5.8.1 Market size and forecast, by Tour Type
7.4.5.8.2 Market size and forecast, by Traveler type
7.4.5.8.3 Market size and forecast, by Mode of booking
7.4.5.9 Rest of Asia-Pacific
7.4.5.9.1 Market size and forecast, by Tour Type
7.4.5.9.2 Market size and forecast, by Traveler type
7.4.5.9.3 Market size and forecast, by Mode of booking
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Tour Type
7.5.3 LAMEA Market size and forecast, by Traveler type
7.5.4 LAMEA Market size and forecast, by Mode of booking
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 UAE
7.5.5.1.1 Market size and forecast, by Tour Type
7.5.5.1.2 Market size and forecast, by Traveler type
7.5.5.1.3 Market size and forecast, by Mode of booking
7.5.5.2 South Africa
7.5.5.2.1 Market size and forecast, by Tour Type
7.5.5.2.2 Market size and forecast, by Traveler type
7.5.5.2.3 Market size and forecast, by Mode of booking
7.5.5.3 Saudi Arabia
7.5.5.3.1 Market size and forecast, by Tour Type
7.5.5.3.2 Market size and forecast, by Traveler type
7.5.5.3.3 Market size and forecast, by Mode of booking
7.5.5.4 Brazil
7.5.5.4.1 Market size and forecast, by Tour Type
7.5.5.4.2 Market size and forecast, by Traveler type
7.5.5.4.3 Market size and forecast, by Mode of booking
7.5.5.5 Turkey
7.5.5.5.1 Market size and forecast, by Tour Type
7.5.5.5.2 Market size and forecast, by Traveler type
7.5.5.5.3 Market size and forecast, by Mode of booking
7.5.5.6 Rest of LAMEA
7.5.5.6.1 Market size and forecast, by Tour Type
7.5.5.6.2 Market size and forecast, by Traveler type
7.5.5.6.3 Market size and forecast, by Mode of booking

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Alamo
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Adventures overland
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 AMERICAN EXPRESS TRAVEL
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Expedia Group Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 the hertz corporation
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 JTB AMERICAS, LTD
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 PRICELINE (BOOKING HOLDINGS INC.)
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 SCOTT DUNN LTD
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 SOTC travel
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 THOMAS COOK INDIA LTD
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 TourRadar
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 travel leaders group
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 travelsphere
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Triumph expedition pvt. Ltd
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Undiscovered mountains
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 wexas travel management
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 World travel inc
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments
9.18 BUTTERFIELD & ROBINSON
9.18.1 Company overview
9.18.2 Company snapshot
9.18.3 Operating business segments
9.18.4 Product portfolio
9.18.5 Business performance
9.18.6 Key strategic moves and developments
9.19 wild frontiers travel.com
9.19.1 Company overview
9.19.2 Company snapshot
9.19.3 Operating business segments
9.19.4 Product portfolio
9.19.5 Business performance
9.19.6 Key strategic moves and developments
9.20 Audley Travel
9.20.1 Company overview
9.20.2 Company snapshot
9.20.3 Operating business segments
9.20.4 Product portfolio
9.20.5 Business performance
9.20.6 Key strategic moves and developments

List of Tables
Table 1. Global Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 2. Driving Vacation Market, for Customized Road Tour, by Region, 2021-2031 ($Million)
Table 3. Driving Vacation Market for Customized Road Tour, by Country, 2021-2031 ($Million)
Table 4. Driving Vacation Market, for Fixed Departure Tour, by Region, 2021-2031 ($Million)
Table 5. Driving Vacation Market for Fixed Departure Tour, by Country, 2021-2031 ($Million)
Table 6. Global Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 7. Driving Vacation Market, for Solo, by Region, 2021-2031 ($Million)
Table 8. Driving Vacation Market for Solo, by Country, 2021-2031 ($Million)
Table 9. Driving Vacation Market, for Group, by Region, 2021-2031 ($Million)
Table 10. Driving Vacation Market for Group, by Country, 2021-2031 ($Million)
Table 11. Driving Vacation Market, for Others, by Region, 2021-2031 ($Million)
Table 12. Driving Vacation Market for Others, by Country, 2021-2031 ($Million)
Table 13. Global Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 14. Driving Vacation Market, for Online Travel Agency, by Region, 2021-2031 ($Million)
Table 15. Driving Vacation Market for Online Travel Agency, by Country, 2021-2031 ($Million)
Table 16. Driving Vacation Market, for Direct Travel Agents, by Region, 2021-2031 ($Million)
Table 17. Driving Vacation Market for Direct Travel Agents, by Country, 2021-2031 ($Million)
Table 18. Driving Vacation Market, by Region, 2021-2031 ($Million)
Table 19. North America Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 20. North America Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 21. North America Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 22. North America Driving Vacation Market, by Country, 2021-2031 ($Million)
Table 23. U.S. Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 24. U.S. Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 25. U.S. Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 26. Canada Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 27. Canada Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 28. Canada Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 29. Mexico Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 30. Mexico Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 31. Mexico Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 32. Europe Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 33. Europe Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 34. Europe Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 35. Europe Driving Vacation Market, by Country, 2021-2031 ($Million)
Table 36. UK Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 37. UK Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 38. UK Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 39. Germany Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 40. Germany Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 41. Germany Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 42. France Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 43. France Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 44. France Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 45. Italy Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 46. Italy Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 47. Italy Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 48. Switzerland Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 49. Switzerland Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 50. Switzerland Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 51. Spain Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 52. Spain Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 53. Spain Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 54. Rest of Europe Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 55. Rest of Europe Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 56. Rest of Europe Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 57. Asia-Pacific Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 58. Asia-Pacific Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 59. Asia-Pacific Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 60. Asia-Pacific Driving Vacation Market, by Country, 2021-2031 ($Million)
Table 61. China Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 62. China Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 63. China Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 64. Japan Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 65. Japan Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 66. Japan Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 67. India Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 68. India Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 69. India Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 70. South Korea Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 71. South Korea Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 72. South Korea Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 73. Australia Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 74. Australia Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 75. Australia Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 76. Thailand Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 77. Thailand Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 78. Thailand Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 79. Malaysia Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 80. Malaysia Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 81. Malaysia Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 82. Indonesia Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 83. Indonesia Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 84. Indonesia Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 85. Rest of Asia-Pacific Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 86. Rest of Asia-Pacific Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 87. Rest of Asia-Pacific Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 88. LAMEA Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 89. LAMEA Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 90. LAMEA Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 91. LAMEA Driving Vacation Market, by Country, 2021-2031 ($Million)
Table 92. Uae Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 93. Uae Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 94. Uae Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 95. South Africa Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 96. South Africa Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 97. South Africa Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 98. Saudi Arabia Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 99. Saudi Arabia Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 100. Saudi Arabia Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 101. Brazil Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 102. Brazil Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 103. Brazil Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 104. Turkey Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 105. Turkey Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 106. Turkey Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 107. Rest of LAMEA Driving Vacation Market, by Tour Type, 2021-2031 ($Million)
Table 108. Rest of LAMEA Driving Vacation Market, by Traveler Type, 2021-2031 ($Million)
Table 109. Rest of LAMEA Driving Vacation Market, by Mode of Booking, 2021-2031 ($Million)
Table 110. Alamo: Company Snapshot
Table 111. Alamo: Operating Segments
Table 112. Alamo: Product Portfolio
Table 113. Alamo: Net Sales,
Table 114. Alamo: Key Stratergies
Table 115. Adventures Overland: Company Snapshot
Table 116. Adventures Overland: Operating Segments
Table 117. Adventures Overland: Product Portfolio
Table 118. Adventures Overland: Net Sales,
Table 119. Adventures Overland: Key Stratergies
Table 120. American Express Travel: Company Snapshot
Table 121. American Express Travel: Operating Segments
Table 122. American Express Travel: Product Portfolio
Table 123. American Express Travel: Net Sales,
Table 124. American Express Travel: Key Stratergies
Table 125. Expedia Group Inc.: Company Snapshot
Table 126. Expedia Group Inc.: Operating Segments
Table 127. Expedia Group Inc.: Product Portfolio
Table 128. Expedia Group Inc.: Net Sales,
Table 129. Expedia Group Inc.: Key Stratergies
Table 130. The Hertz Corporation: Company Snapshot
Table 131. The Hertz Corporation: Operating Segments
Table 132. The Hertz Corporation: Product Portfolio
Table 133. The Hertz Corporation: Net Sales,
Table 134. The Hertz Corporation: Key Stratergies
Table 135. Jtb Americas, Ltd: Company Snapshot
Table 136. Jtb Americas, Ltd: Operating Segments
Table 137. Jtb Americas, Ltd: Product Portfolio
Table 138. Jtb Americas, Ltd: Net Sales,
Table 139. Jtb Americas, Ltd: Key Stratergies
Table 140. Priceline (Booking Holdings Inc.): Company Snapshot
Table 141. Priceline (Booking Holdings Inc.): Operating Segments
Table 142. Priceline (Booking Holdings Inc.): Product Portfolio
Table 143. Priceline (Booking Holdings Inc.): Net Sales,
Table 144. Priceline (Booking Holdings Inc.): Key Stratergies
Table 145. Scott Dunn Ltd: Company Snapshot
Table 146. Scott Dunn Ltd: Operating Segments
Table 147. Scott Dunn Ltd: Product Portfolio
Table 148. Scott Dunn Ltd: Net Sales,
Table 149. Scott Dunn Ltd: Key Stratergies
Table 150. Sotc Travel: Company Snapshot
Table 151. Sotc Travel: Operating Segments
Table 152. Sotc Travel: Product Portfolio
Table 153. Sotc Travel: Net Sales,
Table 154. Sotc Travel: Key Stratergies
Table 155. Thomas Cook India Ltd: Company Snapshot
Table 156. Thomas Cook India Ltd: Operating Segments
Table 157. Thomas Cook India Ltd: Product Portfolio
Table 158. Thomas Cook India Ltd: Net Sales,
Table 159. Thomas Cook India Ltd: Key Stratergies
Table 160. Tourradar: Company Snapshot
Table 161. Tourradar: Operating Segments
Table 162. Tourradar: Product Portfolio
Table 163. Tourradar: Net Sales,
Table 164. Tourradar: Key Stratergies
Table 165. Travel Leaders Group: Company Snapshot
Table 166. Travel Leaders Group: Operating Segments
Table 167. Travel Leaders Group: Product Portfolio
Table 168. Travel Leaders Group: Net Sales,
Table 169. Travel Leaders Group: Key Stratergies
Table 170. Travelsphere: Company Snapshot
Table 171. Travelsphere: Operating Segments
Table 172. Travelsphere: Product Portfolio
Table 173. Travelsphere: Net Sales,
Table 174. Travelsphere: Key Stratergies
Table 175. Triumph Expedition Pvt. Ltd: Company Snapshot
Table 176. Triumph Expedition Pvt. Ltd: Operating Segments
Table 177. Triumph Expedition Pvt. Ltd: Product Portfolio
Table 178. Triumph Expedition Pvt. Ltd: Net Sales,
Table 179. Triumph Expedition Pvt. Ltd: Key Stratergies
Table 180. Undiscovered Mountains: Company Snapshot
Table 181. Undiscovered Mountains: Operating Segments
Table 182. Undiscovered Mountains: Product Portfolio
Table 183. Undiscovered Mountains: Net Sales,
Table 184. Undiscovered Mountains: Key Stratergies
Table 185. Wexas Travel Management: Company Snapshot
Table 186. Wexas Travel Management: Operating Segments
Table 187. Wexas Travel Management: Product Portfolio
Table 188. Wexas Travel Management: Net Sales,
Table 189. Wexas Travel Management: Key Stratergies
Table 190. World Travel Inc: Company Snapshot
Table 191. World Travel Inc: Operating Segments
Table 192. World Travel Inc: Product Portfolio
Table 193. World Travel Inc: Net Sales,
Table 194. World Travel Inc: Key Stratergies
Table 195. Butterfield & Robinson: Company Snapshot
Table 196. Butterfield & Robinson: Operating Segments
Table 197. Butterfield & Robinson: Product Portfolio
Table 198. Butterfield & Robinson: Net Sales,
Table 199. Butterfield & Robinson: Key Stratergies
Table 200. Wild Frontiers Travel.Com: Company Snapshot
Table 201. Wild Frontiers Travel.Com: Operating Segments
Table 202. Wild Frontiers Travel.Com: Product Portfolio
Table 203. Wild Frontiers Travel.Com: Net Sales,
Table 204. Wild Frontiers Travel.Com: Key Stratergies
Table 205. Audley Travel: Company Snapshot
Table 206. Audley Travel: Operating Segments
Table 207. Audley Travel: Product Portfolio
Table 208. Audley Travel: Net Sales,
Table 209. Audley Travel: Key Stratergies

List of Figures
Figure 1. Driving Vacation Market Segmentation
Figure 2. Driving Vacation Market, 2021-2031
Figure 3. Driving Vacation Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Driving Vacation Market: Drivers, Restraints and Opportunities
Figure 12. Market Share Analysis
Figure 13. Driving Vacation Market, by Tour Type, 2021 (%)
Figure 14. Comparative Share Analysis of Customized Road Tour Driving Vacation Market, 2021-2031 (%)
Figure 15. Comparative Share Analysis of Fixed Departure Tour Driving Vacation Market, 2021-2031 (%)
Figure 16. Driving Vacation Market, by Traveler Type, 2021 (%)
Figure 17. Comparative Share Analysis of Solo Driving Vacation Market, 2021-2031 (%)
Figure 18. Comparative Share Analysis of Group Driving Vacation Market, 2021-2031 (%)
Figure 19. Comparative Share Analysis of Others Driving Vacation Market, 2021-2031 (%)
Figure 20. Driving Vacation Market, by Mode of Booking, 2021 (%)
Figure 21. Comparative Share Analysis of Online Travel Agency Driving Vacation Market, 2021-2031 (%)
Figure 22. Comparative Share Analysis of Direct Travel Agents Driving Vacation Market, 2021-2031 (%)
Figure 23. Driving Vacation Market by Region, 2021
Figure 24. U.S. Driving Vacation Market, 2021-2031 ($Million)
Figure 25. Canada Driving Vacation Market, 2021-2031 ($Million)
Figure 26. Mexico Driving Vacation Market, 2021-2031 ($Million)
Figure 27. Uk Driving Vacation Market, 2021-2031 ($Million)
Figure 28. Germany Driving Vacation Market, 2021-2031 ($Million)
Figure 29. France Driving Vacation Market, 2021-2031 ($Million)
Figure 30. Italy Driving Vacation Market, 2021-2031 ($Million)
Figure 31. Switzerland Driving Vacation Market, 2021-2031 ($Million)
Figure 32. Spain Driving Vacation Market, 2021-2031 ($Million)
Figure 33. Rest of Europe Driving Vacation Market, 2021-2031 ($Million)
Figure 34. China Driving Vacation Market, 2021-2031 ($Million)
Figure 35. Japan Driving Vacation Market, 2021-2031 ($Million)
Figure 36. India Driving Vacation Market, 2021-2031 ($Million)
Figure 37. South Korea Driving Vacation Market, 2021-2031 ($Million)
Figure 38. Australia Driving Vacation Market, 2021-2031 ($Million)
Figure 39. Thailand Driving Vacation Market, 2021-2031 ($Million)
Figure 40. Malaysia Driving Vacation Market, 2021-2031 ($Million)
Figure 41. Indonesia Driving Vacation Market, 2021-2031 ($Million)
Figure 42. Rest of Asia-Pacific Driving Vacation Market, 2021-2031 ($Million)
Figure 43. Uae Driving Vacation Market, 2021-2031 ($Million)
Figure 44. South Africa Driving Vacation Market, 2021-2031 ($Million)
Figure 45. Saudi Arabia Driving Vacation Market, 2021-2031 ($Million)
Figure 46. Brazil Driving Vacation Market, 2021-2031 ($Million)
Figure 47. Turkey Driving Vacation Market, 2021-2031 ($Million)
Figure 48. Rest of LAMEA Driving Vacation Market, 2021-2031 ($Million)
Figure 49. Top Winning Strategies, by Year
Figure 50. Top Winning Strategies, by Development
Figure 51. Top Winning Strategies, by Company
Figure 52. Product Mapping of Top 10 Players
Figure 53. Competitive Dashboard
Figure 54. Competitive Heatmap of Top 10 Key Players
Figure 55. Alamo.: Net Sales, ($Million)
Figure 56. Adventures Overland.: Net Sales, ($Million)
Figure 57. American Express Travel.: Net Sales, ($Million)
Figure 58. Expedia Group Inc..: Net Sales, ($Million)
Figure 59. The Hertz Corporation.: Net Sales, ($Million)
Figure 60. Jtb Americas, Ltd.: Net Sales, ($Million)
Figure 61. Priceline (Booking Holdings Inc.).: Net Sales, ($Million)
Figure 62. Scott Dunn Ltd.: Net Sales, ($Million)
Figure 63. Sotc Travel.: Net Sales, ($Million)
Figure 64. Thomas Cook India Ltd.: Net Sales, ($Million)
Figure 65. Tourradar.: Net Sales, ($Million)
Figure 66. Travel Leaders Group.: Net Sales, ($Million)
Figure 67. Travelsphere.: Net Sales, ($Million)
Figure 68. Triumph Expedition Pvt. Ltd.: Net Sales, ($Million)
Figure 69. Undiscovered Mountains.: Net Sales, ($Million)
Figure 70. Wexas Travel Management.: Net Sales, ($Million)
Figure 71. World Travel Inc.: Net Sales, ($Million)
Figure 72. Butterfield & Robinson.: Net Sales, ($Million)
Figure 73. Wild Frontiers Travel.Com.: Net Sales, ($Million)
Figure 74. Audley Travel.: Net Sales, ($Million)

Executive Summary

According to the report titled, “Driving Vacation Market," The driving vacation market was valued at $121.2 billion in 2021, and is estimated to reach $513.3 billion by 2031, growing at a CAGR of 15.7% from 2022 to 2031. Driving vacations include extensive road trips that can be taken either independently or with a driver. In other words, a driving holiday involves discovering locations of particular interest while departing from one's usual area. Additionally, the tourists post their experiences on social media, which encourages other users to go to the location.

Key factors driving the growth of the driving vacation market include increasing millennial population, social media exposures and rise in popularity solo trips among the travel enthusiasts. Asia-Pacific is probably going to see the quickest market growth throughout the forecast period due to dynamic changes in spending patterns, growing expenditures on premium services and increasing region's fondness for tours and travels, notably in the China and India. Inadequate support infrastructure at outdoor vacation destinations such as inadequate flight, railway or road connectivity to various adventure and leisure tour destinations in developing and under-developed countries are major challenges for the proliferation of driving vacation. Furthermore, low availability of accommodation along with limited availability of quality and hygienic restaurants, food outlets and hotels at destinations hampers the growth of the driving vacation tourist arrivals, particularly in developing regions. In addition, the monopoly of few along with insufficient availability of certified and trained tourist guides aggravates the risk of exploitation of tourists, which further holds back the growth of the driving vacation market.

The driving vacation industry has emerged as one of the fastest growing sectors contributing significantly to global economic growth and development. Growth in disposable income and increase in upper middle-class spending has raised the demand for high and better service standards. The market players are formulating unique strategies to target growing middle-class segment to capitalize their market. For instance, these companies prefer hiring qualified individuals who can speak international language and communicate easily with travelers. The local ambassadors who can speak another language can assist international travelers in booking tickets, suggesting about various eat-out or activities, and to manage any last-minute travel issues. This rise in demand for unique travel experience offers tremendous opportunities for the market players which is expected help the driving vacation market to grow during the forecast period.

The global driving vacation market is categorized into tour type, traveler type, mode of booking and region. By tour type, it is classified into customized road tour and fixed departure tour. On the basis of traveler type, it is fragmented into solo, group and others. By mode of booking, the market is segmented into online travel agency and direct travel agents. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Switzerland, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia and Rest of Asia-Pacific). LAMEA (UAE, South Africa, Saudi Arabia, Brazil, Turkey and Rest of LAMEA).

The key players profiled in the study include X Alamo, Adventures overland, American Express Travel, Expedia group Inc., The hertz corporation, JTB Americas ltd., Priceline (booking holding Inc., Scott Dunn ltd., SOTC travel, Thomas Cook India Pvt. Ltd, Tourradar, Travel leader group, Travelsphere, Triumph Expedition Pvt. Ltd., Undiscovered mountains, Wexas Travel Management, World travel Inc., Butterfield & Robinson, Wild frontiers travel and Audley travel.. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain the advantage over the competitors in the market.

Key Market Insights

  • By tour type, the fixed departure tour segment accounted for the significant driving vacation market share in 2021, growing at a CAGR of 15.5% from 2022 to 2031.
  • By traveler type, the solo segment accounted for the highest market share in 2021, growing at a CAGR of 15.9% from 2022 to 2031.
  • By mode of booking, the online travel agency segment accounted for the highest market share in 2021, growing at a CAGR of 16.0% from 2022 to 2031.
  • In 2021, the U.S. was the most prominent market in North America and is projected to reach $152,772.1 million by 2031, growing at a CAGR of 15.1% during the forecast period.

Companies Mentioned

  • Alamo
  • Adventures overland
  • TourRadar
  • Expedia Group Inc.
  • JTB AMERICAS, LTD
  • SCOTT DUNN LTD
  • SOTC travel
  • THOMAS COOK INDIA LTD
  • travelsphere
  • wexas travel management
  • Triumph expedition pvt. Ltd
  • Undiscovered mountains
  • AMERICAN EXPRESS TRAVEL
  • World travel inc
  • BUTTERFIELD & ROBINSON
  • the hertz corporation
  • travel leaders group
  • PRICELINE (BOOKING HOLDINGS INC.)
  • wild frontiers travel.com
  • Audley Travel

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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