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Global Business Travel Market: Growth, Trends, Competitive Landscape, and Forecasts

  • ID: 5206238
  • Report
  • July 2020
  • Region: Global
  • 135 Pages
  • Quintana Research and Consulting
The global business travel market is expected to grow at a CAGR of around 13.5% during 2020-2026. Business travel, majorly described as corporate travel, is a journey explicitly engaged in business operations. It involves traveling to a different place for work-related meet-ups. The rapid globalization around the world has stimulated business travel, which collectively incorporates brand and product promotion, client meetings, employee training, incentives, and business expansion.

Market Drivers
  • Increasing Business Globalisation
  • Declining Travel Costs
  • Rising Technology Adoption for Travel Management
Market Challenges
  • Decreased Demand from Developed Regions
  • Ever-Changing Consumer Preference
Historical & Forecast Period

Base Year: 2019
Historical Period: 2015-2018
Forecast Period: 2020-2026

Report’s Scope

The global business travel market report elucidates key industry trends, industry dynamics along with the quantitative analysis of the report. The report presents a clear picture of the global business travel market by segmenting the market based on type, purpose type, expenditure, age group, service type, travel type, end user, and region. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Type Segmentation
  • Managed Business Travel
  • Unmanaged Business Travel
Purpose Type Segmentation
  • Marketing
  • Internal Meetings
  • Trade Shows
  • Product Launch
  • Others
Expenditure Segmentation
  • Travel Fare
  • Lodging
  • Dining
  • Others
Age Group Segmentation
  • Travelers Below 40 Years
  • Travelers Above 40 Years
Service Type Segmentation
  • Transportation
  • Food and Lodging
  • Recreational Activities
  • Others
Travel Type Segmentation
  • Group Travel
  • Solo Travel
End User Segmentation
  • Government
  • Corporate
  • Others
Regional Segmentation
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Indonesia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • United Arab Emirates
  • Rest of Middle East & Africa
Note: Product cover images may vary from those shown
1. Preface
1.1 Report Description
1.1.1 Objective of the Study
1.1.2 Target Audience
1.1.3 USP & Key Offerings
1.2 Report’s Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Interviews
1.3.4 Assumptions

2. Executive Summary

3. Global Business Travel Market
3.1 Introduction
3.2 Market Drivers & Challenges

4. Global Business Travel Market Analysis
4.1 Market Portraiture
4.2 Market by Type
4.3 Market by Purpose Type
4.4 Market by Expenditure
4.5 Market by Age Group
4.6 Market by Service Type
4.7 Market by Travel Type
4.8 Market by End User
4.9 Market by Region
4.10 Impact of COVID-19

5. Global Business Travel Market by Type
5.1 Market Overview
5.2 Managed Business Travel
5.3 Unmanaged Business Travel

6. Global Business Travel Market by Purpose Type
6.1 Market Overview
6.2 Marketing
6.3 Internal Meetings
6.4 Trade Shows
6.5 Product Launch
6.6 Others

7. Global Business Travel Market by Expenditure
7.1 Market Overview
7.2 Travel Fare
7.3 Lodging
7.4 Dining
7.5 Others

8. Global Business Travel Market by Age Group
8.1 Market Overview
8.2 Travelers Below 40 Years
8.3 Travelers Above 40 Years

9. Global Business Travel Market by Service Type
9.1 Market Overview
9.2 Transportation
9.3 Food and Lodging
9.4 Recreational Activities
9.5 Others

10. Global Business Travel Market by Travel Type
10.1 Market Overview
10.2 Group Travel
10.3 Solo Travel

11. Global Business Travel Market by End User
11.1 Market Overview
11.2 Government
11.3 Corporate
11.4 Others

12. Global Business Travel Market by Region
12.1 Market Overview
12.2 Europe
12.2.1 Germany
12.2.2 United Kingdom
12.2.3 France
12.2.4 Italy
12.2.5 Spain
12.2.6 Netherlands
12.2.7 Russia
12.2.8 Rest of the Europe
12.3 North America
12.3.1 United States
12.3.2 Canada
12.4 Asia Pacific
12.4.1 China
12.4.2 Japan
12.4.3 South Korea
12.4.4 Australia
12.4.5 India
12.4.6 Indonesia
12.4.7 Rest of the Asia Pacific
12.5 Latin America
12.5.1 Mexico
12.5.2 Brazil
12.5.3 Argentina
12.5.4 Rest of Latin America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 Turkey
12.6.3 United Arab Emirates
12.6.4 Rest of Middle East & Africa

13. SWOT Analysis

14. Porter’s Five Forces

15. Market Value Chain Analysis

16. Competitive Landscape
16.1 Competitive Scenario
16.2 Company Profiles
16.2.1. Airbnb Inc.
16.2.2. American Express Company
16.2.3. BCD Travel
16.2.4. Booking Holdings Inc.
16.2.5. Carlson Wagonlit Travel Inc.
16.2.6. Expedia Group Inc.
16.2.7. Fareportal Inc.
16.2.8. Flight Centre Travel Group
16.2.9. Hogg Robinson Group
16.2.10. Travel Leaders Group LLC
16.2.11. Wexas Travel

List of Figures
Figure 1: Global Business Travel Market (in US$ Million), 2015-2019
Figure 2: Global Business Travel Market (in US$ Million), 2020-2026
Figure 3: Global Business Travel Market by Type, 2019
Figure 4: Global Business Travel Market by Purpose Type, 2019
Figure 5: Global Business Travel Market by Expenditure, 2019
Figure 6: Global Business Travel Market by Age Group, 2019
Figure 7: Global Business Travel Market by Service Type, 2019
Figure 8: Global Business Travel Market by Travel Type, 2019
Figure 9: Global Business Travel Market by End User, 2019
Figure 10: Global Business Travel Market by Region, 2019
Figure 11: Attractive Market Investment Proposition: Global Business Travel Market, by Type, 2020-2026
Figure 12: Global Business Travel Market by Type (in %), 2019 & 2026
Figure 13: Global Managed Business Travel Market (in US$ Million), 2015-2019
Figure 14: Global Managed Business Travel Market (in US$ Million), 2020-2026
Figure 15: Global Unmanaged Business Travel Market (in US$ Million), 2015-2019
Figure 16: Global Unmanaged Business Travel Market (in US$ Million), 2020-2026
Figure 17: Attractive Market Investment Proposition: Global Business Travel Market, by Purpose Type, 2020-2026
Figure 18: Global Business Travel Market by Purpose Type (in %), 2019 & 2026
Figure 19: Global Marketing Business Travel Market (in US$ Million), 2015-2019
Figure 20: Global Marketing Business Travel Market (in US$ Million), 2020-2026
Figure 21: Global Internal Meetings Business Travel Market (in US$ Million), 2015-2019
Figure 22: Global Internal Meetings Business Travel Market (in US$ Million), 2020-2026
Figure 23: Global Trade Shows Business Travel Market (in US$ Million), 2015-2019
Figure 24: Global Trade Shows Business Travel Market (in US$ Million), 2020-2026
Figure 25: Global Product Launch Business Travel Market (in US$ Million), 2015-2019
Figure 26: Global Product Launch Business Travel Market (in US$ Million), 2020-2026
Figure 27: Global Other Purpose Types Business Travel Market (in US$ Million), 2015-2019
Figure 28: Global Other Purpose Types Business Travel Market (in US$ Million), 2020-2026
Figure 29: Attractive Market Investment Proposition: Global Business Travel Market, by Expenditure, 2020-2026
Figure 30: Global Business Travel Market by Expenditure (in %), 2019 & 2026
Figure 31: Global Travelfare Business Travel Market (in US$ Million), 2015-2019
Figure 32: Global Travelfare Business Travel Market (in US$ Million), 2020-2026
Figure 33: Global Lodging Business Travel Market (in US$ Million), 2015-2019
Figure 34: Global Lodging Business Travel Market (in US$ Million), 2020-2026
Figure 35: Global Dining Business Travel Market (in US$ Million), 2015-2019
Figure 36: Global Dining Business Travel Market (in US$ Million), 2020-2026
Figure 37: Global Other Expenditures Business Travel Market (in US$ Million), 2015-2019
Figure 38: Global Other Expenditures Business Travel Market (in US$ Million), 2020-2026
Figure 39: Attractive Market Investment Proposition: Global Business Travel Market, by Age Group, 2020-2026
Figure 40: Global Business Travel Market by Age Group (in %), 2019 & 2026
Figure 41: Global Travelers Below 40 Years Business Travel Market (in US$ Million), 2015-2019
Figure 42: Global Travelers Below 40 Years Business Travel Market (in US$ Million), 2020-2026
Figure 43: Global Travelers Above 40 Years Business Travel Market (in US$ Million), 2015-2019
Figure 44: Global Travelers Above 40 Years Business Travel Market (in US$ Million), 2020-2026
Figure 45: Attractive Market Investment Proposition: Global Business Travel Market, by Service Type, 2020-2026
Figure 46: Global Business Travel Market by Service Type (in %), 2019 & 2026
Figure 47: Global Transportation Business Travel Market (in US$ Million), 2015-2019
Figure 48: Global Transportation Business Travel Market (in US$ Million), 2020-2026
Figure 49: Global Food and Lodging Business Travel Market (in US$ Million), 2015-2019
Figure 50: Global Food and Lodging Business Travel Market (in US$ Million), 2020-2026
Figure 51: Global Recreational Activities Business Travel Market (in US$ Million), 2015-2019
Figure 52: Global Recreational Activities Business Travel Market (in US$ Million), 2020-2026
Figure 53: Global Other Service Types Business Travel Market (in US$ Million), 2015-2019
Figure 54: Global Other Service Types Business Travel Market (in US$ Million), 2020-2026
Figure 55: Attractive Market Investment Proposition: Global Business Travel Market, by Travel Type, 2020-2026
Figure 56: Global Business Travel Market by Travel Type (in %), 2019 & 2026
Figure 57: Global Group Travel Business Travel Market (in US$ Million), 2015-2019
Figure 58: Global Group Travel Business Travel Market (in US$ Million), 2020-2026
Figure 59: Global Solo Travel Business Travel Market (in US$ Million), 2015-2019
Figure 60: Global Solo Travel Business Travel Market (in US$ Million), 2020-2026
Figure 61: Attractive Market Investment Proposition: Global Business Travel Market, by End User, 2020-2026
Figure 62: Global Business Travel Market by End User (in %), 2019 & 2026
Figure 63: Global Government Business Travel Market (in US$ Million), 2015-2019
Figure 64: Global Government Business Travel Market (in US$ Million), 2020-2026
Figure 65: Global Corporate Business Travel Market (in US$ Million), 2015-2019
Figure 66: Global Corporate Business Travel Market (in US$ Million), 2020-2026
Figure 67: Global Other End-Users Business Travel Market (in US$ Million), 2015-2019
Figure 68: Global Other End-Users Business Travel Market (in US$ Million), 2020-2026
Figure 69: Attractive Market Investment Proposition: Global Business Travel Market, by Region,
2020-2026
Figure 70: Global Business Travel Market by Region (in %), 2019 & 2026
Figure 71: Europe Business Travel Market (in US$ Million), 2015-2019
Figure 72: Europe Business Travel Market (in US$ Million), 2020-2026
Figure 73: Europe Business Travel Market by Country (in %), 2019 & 2026
Figure 74: Germany Business Travel Market (in US$ Million), 2015-2026
Figure 75: United Kingdom Business Travel Market (in US$ Million), 2015-2026
Figure 76: France Business Travel Market (in US$ Million), 2015-2026
Figure 77: Italy Business Travel Market (in US$ Million), 2015-2026
Figure 78: Spain Business Travel Market (in US$ Million), 2015-2026
Figure 79: Netherlands Business Travel Market (in US$ Million), 2015-2026
Figure 80: Russia Business Travel Market (in US$ Million), 2015-2026
Figure 81: North America Business Travel Market (in US$ Million), 2015-2019
Figure 82: North America Business Travel Market (in US$ Million), 2020-2026
Figure 83: North America Business Travel Market by Country (in %), 2019 & 2026
Figure 84: United States Business Travel Market (in US$ Million), 2015-2026
Figure 85: Canada Business Travel Market (in US$ Million), 2015-2026
Figure 86: Asia Pacific Business Travel Market (in US$ Million), 2015-2019
Figure 87: Asia Pacific Business Travel Market (in US$ Million), 2020-2026
Figure 88: Asia Pacific Business Travel Market by Country (in %), 2019 & 2026
Figure 89: China Business Travel Market (in US$ Million), 2015-2026
Figure 90: Japan Business Travel Market (in US$ Million), 2015-2026
Figure 91: South Korea Business Travel Market (in US$ Million), 2015-2026
Figure 92: Australia Business Travel Market (in US$ Million), 2015-2026
Figure 93: India Business Travel Market (in US$ Million), 2015-2026
Figure 94: Indonesia Business Travel Market (in US$ Million), 2015-2026
Figure 95: Latin America Business Travel Market (in US$ Million), 2015-2019
Figure 96: Latin America Business Travel Market (in US$ Million), 2020-2026
Figure 97: Latin America Business Travel Market by Country (in %), 2019 & 2026
Figure 98: Mexico Business Travel Market (in US$ Million), 2015-2026
Figure 99: Brazil Business Travel Market (in US$ Million), 2015-2026
Figure 100: Argentina Business Travel Market (in US$ Million), 2015-2026
Figure 101: Middle East & Africa Business Travel Market (in US$ Million), 2015-2019
Figure 102: Middle East & Africa Business Travel Market (in US$ Million), 2020-2026
Figure 103: Middle East & Africa Business Travel Market by Country (in %), 2019 & 2026
Figure 104: Saudi Arabia Business Travel Market (in US$ Million), 2015-2026
Figure 105: Turkey Business Travel Market (in US$ Million), 2015-2026
Figure 106: UAE Business Travel Market (in US$ Million), 2015-2026
Figure 107: Value Chain of Business Travel Market

List of Tables
Table 1: Global Business Travel Market Portraiture
Table 2: Global Business Travel Market Overview by Type (in US$ Million), 2019 & 2026
Table 3: Global Business Travel Market Overview by Purpose Type (in US$ Million), 2019 & 2026
Table 4: Global Business Travel Market Overview by Expenditure (in US$ Million), 2019 & 2026
Table 5: Global Business Travel Market Overview by Age Group (in US$ Million), 2019 & 2026
Table 6: Global Business Travel Market Overview by Service Type (in US$ Million), 2019 & 2026
Table 7: Global Business Travel Market Overview by Travel Type (in US$ Million), 2019 & 2026
Table 8: Global Business Travel Market Overview by End User (in US$ Million), 2019 & 2026
Table 9: Global Business Travel Market Overview by Region (in US$ Million), 2019 & 2026
Table 10: Europe Business Travel Market by Country (in US$ Million), 2019 & 2026
Table 11: North America Business Travel Market by Country (in US$ Million), 2019 & 2026
Table 12: Asia Pacific Business Travel Market by Country (in US$ Million), 2019 & 2026
Table 13: Latin America Business Travel Market by Country (in US$ Million), 2019 & 2026
Table 14: Middle East & Africa Business Travel Market by Country (in US$ Million), 2019 & 2026
Table 15: Key Players of Business Travel Market
Note: Product cover images may vary from those shown

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