Travel and Tourism - Market Summary, Competitive Analysis and Forecast, 2016-2025 (Global Almanac)

Global Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.

Key Highlights

The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
The airlines industry is defined as the total revenue obtained by airlines from transporting passengers.
The passenger rail sector consists of all passenger transport by 'heavy rail' services, sector values in the report consist of revenues generated by operating companies through ticket sales, and so exclude state subsidies.
Foodservice is is valued according to total sales of all food and drink (soft and alcoholic) in or through accommodation outlets, pubs, clubs, and bars, full service restaurants, quick service restaurants and fast food, and other.
The hotels & motels industry value consists of room revenue and non-room revenue, including casinos, shops and telecommunication services.
Travel intermediaries is part of a business that assists in selling travel products and services to customers.
The casinos and gaming market consists of all forms of betting and gaming. All values are stated in terms of gross gaming win. This is the total amount waged by customers minus the total amount paid out to customers as winnings, but before the payment of any applicable taxes, disbursements to charitable or other causes by games established for those purposes, or other expenses. The report only includes gaming activities that are legal in the country where they are offered.
All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The length of the pandemic and restrictions introduced by verieous countiries are still difficult to predict, though many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed "non essential". As the length of the pandemic and its impact on this market is not certain, the data used in this report has been modelled on the assumption of a crisis scenario and has taken into consideration forecast impacts on national ecomomics.
The global travel and tourism industry had total revenues of $4,468.4bn in 2020, representing a compound annual rate of change (CARC) of -10.5% between 2016 and 2020.
The foodservice segment generated the most revenue in 2020, with total revenues of $2,211.2bn, equivalent to 49.5% of the industry's overall value.
The industry has been devastated by the global outbreak of COVID-19, which led to an unprecedented decline of 43.5% in 2020.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global travel & tourism Industry
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global travel & tourism Industry
Leading company profiles reveal details of key travel & tourism Industry players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the global travel & tourism Industry with five year forecasts

Reasons to Buy

What was the size of the global travel & tourism Industry by value in 2020?
What will be the size of the global travel & tourism Industry in 2025?
What factors are affecting the strength of competition in the global travel & tourism Industry?
How has the Industry performed over the last five years?
What are the main segments that make up the global travel & tourism Industry?

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Competitive Landscape

2 Introduction

2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions

3 Global Travel & Tourism

3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis

4 Macroeconomic Indicators

4.1. Country data

5 Travel & Tourism in Asia-Pacific

5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis

6 Travel & Tourism in Europe

6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis

7 Macroeconomic Indicators

7.1. Country data

8 Travel & Tourism in Finland

8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis

9 Macroeconomic Indicators

9.1. Country data

10 Travel & Tourism in France

10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis

11 Macroeconomic Indicators

11.1. Country data

12 Travel & Tourism in Germany

12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis

13 Macroeconomic Indicators

13.1. Country data

14 Travel & Tourism in India

14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis

15 Macroeconomic Indicators

15.1. Country data

16 Travel & Tourism in Indonesia

16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis

17 Macroeconomic Indicators

17.1. Country data

18 Travel & Tourism in Italy

18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis

19 Macroeconomic Indicators

19.1. Country data

20 Travel & Tourism in Japan

20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis

21 Macroeconomic Indicators

21.1. Country data

22 Travel & Tourism in Mexico

22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis

23 Macroeconomic Indicators

23.1. Country data

24 Travel & Tourism in The Netherlands

24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis

25 Macroeconomic Indicators

25.1. Country data

26 Travel & Tourism in North America

26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis

27 Travel & Tourism in Norway

27.1. Market Overview
27.2. Market Data
27.3. Market Segmentation
27.4. Market outlook
27.5. Five forces analysis

28 Macroeconomic Indicators

28.1. Country data

29 Travel & Tourism in Russia

29.1. Market Overview
29.2. Market Data
29.3. Market Segmentation
29.4. Market outlook
29.5. Five forces analysis

30 Macroeconomic Indicators

30.1. Country data

31 Travel & Tourism in Singapore

31.1. Market Overview
31.2. Market Data
31.3. Market Segmentation
31.4. Market outlook
31.5. Five forces analysis

32 Macroeconomic Indicators

32.1. Country data

33 Travel & Tourism in South Africa

33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis

34 Macroeconomic Indicators

34.1. Country data

35 Travel & Tourism in South Korea

35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis

36 Macroeconomic Indicators

36.1. Country data

37 Travel & Tourism in Spain

37.1. Market Overview
37.2. Market Data
37.3. Market Segmentation
37.4. Market outlook
37.5. Five forces analysis

38 Macroeconomic Indicators

38.1. Country data

39 Travel & Tourism in Sweden

39.1. Market Overview
39.2. Market Data
39.3. Market Segmentation
39.4. Market outlook
39.5. Five forces analysis

40 Macroeconomic Indicators

40.1. Country data

41 Travel & Tourism in Turkey

41.1. Market Overview
41.2. Market Data
41.3. Market Segmentation
41.4. Market outlook
41.5. Five forces analysis

42 Macroeconomic Indicators

42.1. Country data

43 Travel & Tourism in The United Kingdom

43.1. Market Overview
43.2. Market Data
43.3. Market Segmentation
43.4. Market outlook
43.5. Five forces analysis

44 Macroeconomic Indicators

44.1. Country data

45 Travel & Tourism in The United States

45.1. Market Overview
45.2. Market Data
45.3. Market Segmentation
45.4. Market outlook
45.5. Five forces analysis

46 Macroeconomic Indicators

46.1. Country data

47 Travel & Tourism in Australia

47.1. Market Overview
47.2. Market Data
47.3. Market Segmentation
47.4. Market outlook
47.5. Five forces analysis

48 Macroeconomic Indicators

48.1. Country data

49 Travel & Tourism in Brazil

49.1. Market Overview
49.2. Market Data
49.3. Market Segmentation
49.4. Market outlook
49.5. Five forces analysis

50 Macroeconomic Indicators

50.1. Country data

51 Travel & Tourism in Canada

51.1. Market Overview
51.2. Market Data
51.3. Market Segmentation
51.4. Market outlook
51.5. Five forces analysis

52 Macroeconomic Indicators

52.1. Country data

53 Travel & Tourism in China

53.1. Market Overview
53.2. Market Data
53.3. Market Segmentation
53.4. Market outlook
53.5. Five forces analysis

54 Macroeconomic Indicators

54.1. Country data

55 Travel & Tourism in Denmark

55.1. Market Overview
55.2. Market Data
55.3. Market Segmentation
55.4. Market outlook
55.5. Five forces analysis

56 Macroeconomic Indicators

56.1. Country data

57 Company Profiles

58 Appendix

58.1. Methodology
58.2. About The Publisher

List of Tables

Table 1: Global travel & tourism industry value: $ billion, 2016-20
Table 2: Global travel & tourism industry category segmentation: $ billion, 2020
Table 3: Global travel & tourism industry geography segmentation: $ billion, 2020
Table 4: Global travel & tourism industry value forecast: $ billion, 2020-25
Table 5: Global size of population (million), 2016-20
Table 6: Global gdp (constant 2005 prices, $ billion), 2016-20
Table 7: Global gdp (current prices, $ billion), 2016-20
Table 8: Global inflation, 2016-20
Table 9: Global consumer price index (absolute), 2016-20
Table 10: Global exchange rate, 2017-21
Table 11: Asia-Pacific travel & tourism industry value: $ billion, 2016-20
Table 12: Asia-Pacific travel & tourism industry category segmentation: $ billion, 2020
Table 13: Asia-Pacific travel & tourism industry geography segmentation: $ billion, 2020
Table 14: Asia-Pacific travel & tourism industry value forecast: $ billion, 2020-25
Table 15: Europe travel & tourism industry value: $ billion, 2016-20
Table 16: Europe travel & tourism industry category segmentation: $ billion, 2020
Table 17: Europe travel & tourism industry geography segmentation: $ billion, 2020
Table 18: Europe travel & tourism industry value forecast: $ billion, 2020-25
Table 19: Europe size of population (million), 2016-20
Table 20: Europe gdp (constant 2005 prices, $ billion), 2016-20
Table 21: Europe gdp (current prices, $ billion), 2016-20
Table 22: Europe inflation, 2016-20
Table 23: Europe consumer price index (absolute), 2016-20
Table 24: Europe exchange rate, 2017-21
Table 25: Finland travel & tourism industry value: $ billion, 2016-20
Table 26: Finland travel & tourism industry category segmentation: $ billion, 2020
Table 27: Finland travel & tourism industry geography segmentation: $ billion, 2020
Table 28: Finland travel & tourism industry value forecast: $ billion, 2020-25
Table 29: Finland size of population (million), 2016-20
Table 30: Finland gdp (constant 2005 prices, $ billion), 2016-20
Table 31: Finland gdp (current prices, $ billion), 2016-20
Table 32: Finland inflation, 2016-20
Table 33: Finland consumer price index (absolute), 2016-20
Table 34: Finland exchange rate, 2017-21
Table 35: France travel & tourism industry value: $ billion, 2016-20
Table 36: France travel & tourism industry category segmentation: $ billion, 2020
Table 37: France travel & tourism industry geography segmentation: $ billion, 2020
Table 38: France travel & tourism industry value forecast: $ billion, 2020-25
Table 39: France size of population (million), 2016-20
Table 40: France gdp (constant 2005 prices, $ billion), 2016-20
Table 41: France gdp (current prices, $ billion), 2016-20
Table 42: France inflation, 2016-20
Table 43: France consumer price index (absolute), 2016-20
Table 44: France exchange rate, 2017-21
Table 45: Germany travel & tourism industry value: $ billion, 2016-20
Table 46: Germany travel & tourism industry category segmentation: $ billion, 2020
Table 47: Germany travel & tourism industry geography segmentation: $ billion, 2020
Table 48: Germany travel & tourism industry value forecast: $ billion, 2020-25
Table 49: Germany size of population (million), 2016-20
Table 50: Germany gdp (constant 2005 prices, $ billion), 2016-20
Table 51: Germany gdp (current prices, $ billion), 2016-20
Table 52: Germany inflation, 2016-20
Table 53: Germany consumer price index (absolute), 2016-20
Table 54: Germany exchange rate, 2017-21
Table 55: India travel & tourism industry value: $ billion, 2016-20
Table 56: India travel & tourism industry category segmentation: $ billion, 2020
Table 57: India travel & tourism industry geography segmentation: $ billion, 2020
Table 58: India travel & tourism industry value forecast: $ billion, 2020-25
Table 59: India size of population (million), 2016-20
Table 60: India gdp (constant 2005 prices, $ billion), 2016-20
Table 61: India gdp (current prices, $ billion), 2016-20
Table 62: India inflation, 2016-20
Table 63: India consumer price index (absolute), 2016-20
Table 64: India exchange rate, 2017-21
Table 65: Indonesia travel & tourism industry value: $ billion, 2016-20
Table 66: Indonesia travel & tourism industry category segmentation: $ billion, 2020
Table 67: Indonesia travel & tourism industry geography segmentation: $ billion, 2020
Table 68: Indonesia travel & tourism industry value forecast: $ billion, 2020-25
Table 69: Indonesia size of population (million), 2016-20
Table 70: Indonesia gdp (constant 2005 prices, $ billion), 2016-20
Table 71: Indonesia gdp (current prices, $ billion), 2016-20
Table 72: Indonesia inflation, 2016-20
Table 73: Indonesia consumer price index (absolute), 2016-20
Table 74: Indonesia exchange rate, 2017-21

List of Figures

Figure 1: Global travel & tourism industry value: $ billion, 2016-20
Figure 2: Global travel & tourism industry category segmentation: % share, by value, 2020
Figure 3: Global travel & tourism industry geography segmentation: % share, by value, 2020
Figure 4: Global travel & tourism industry value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the global travel & tourism industry, 2020
Figure 6: Drivers of buyer power in the global travel & tourism industry, 2020
Figure 7: Drivers of supplier power in the global travel & tourism industry, 2020
Figure 8: Factors influencing the likelihood of new entrants in the global travel & tourism industry, 2020
Figure 9: Factors influencing the threat of substitutes in the global travel & tourism industry, 2020
Figure 10: Drivers of degree of rivalry in the global travel & tourism industry, 2020
Figure 11: Asia-Pacific travel & tourism industry value: $ billion, 2016-20
Figure 12: Asia-Pacific travel & tourism industry category segmentation: % share, by value, 2020
Figure 13: Asia-Pacific travel & tourism industry geography segmentation: % share, by value, 2020
Figure 14: Asia-Pacific travel & tourism industry value forecast: $ billion, 2020-25
Figure 15: Forces driving competition in the travel & tourism industry in Asia-Pacific, 2020
Figure 16: Drivers of buyer power in the travel & tourism industry in Asia-Pacific, 2020
Figure 17: Drivers of supplier power in the travel & tourism industry in Asia-Pacific, 2020
Figure 18: Factors influencing the likelihood of new entrants in the travel & tourism industry in Asia-Pacific, 2020
Figure 19: Factors influencing the threat of substitutes in the travel & tourism industry in Asia-Pacific, 2020
Figure 20: Drivers of degree of rivalry in the travel & tourism industry in Asia-Pacific, 2020
Figure 21: Europe travel & tourism industry value: $ billion, 2016-20
Figure 22: Europe travel & tourism industry category segmentation: % share, by value, 2020
Figure 23: Europe travel & tourism industry geography segmentation: % share, by value, 2020
Figure 24: Europe travel & tourism industry value forecast: $ billion, 2020-25
Figure 25: Forces driving competition in the travel & tourism industry in Europe, 2020
Figure 26: Drivers of buyer power in the travel & tourism industry in Europe, 2020
Figure 27: Drivers of supplier power in the travel & tourism industry in Europe, 2020
Figure 28: Factors influencing the likelihood of new entrants in the travel & tourism industry in Europe, 2020
Figure 29: Factors influencing the threat of substitutes in the travel & tourism industry in Europe, 2020
Figure 30: Drivers of degree of rivalry in the travel & tourism industry in Europe, 2020
Figure 31: Finland travel & tourism industry value: $ billion, 2016-20
Figure 32: Finland travel & tourism industry category segmentation: % share, by value, 2020
Figure 33: Finland travel & tourism industry geography segmentation: % share, by value, 2020
Figure 34: Finland travel & tourism industry value forecast: $ billion, 2020-25
Figure 35: Forces driving competition in the travel & tourism industry in Finland, 2020
Figure 36: Drivers of buyer power in the travel & tourism industry in Finland, 2020
Figure 37: Drivers of supplier power in the travel & tourism industry in Finland, 2020
Figure 38: Factors influencing the likelihood of new entrants in the travel & tourism industry in Finland, 2020
Figure 39: Factors influencing the threat of substitutes in the travel & tourism industry in Finland, 2020
Figure 40: Drivers of degree of rivalry in the travel & tourism industry in Finland, 2020
Figure 41: France travel & tourism industry value: $ billion, 2016-20
Figure 42: France travel & tourism industry category segmentation: % share, by value, 2020
Figure 43: France travel & tourism industry geography segmentation: % share, by value, 2020
Figure 44: France travel & tourism industry value forecast: $ billion, 2020-25
Figure 45: Forces driving competition in the travel & tourism industry in France, 2020
Figure 46: Drivers of buyer power in the travel & tourism industry in France, 2020
Figure 47: Drivers of supplier power in the travel & tourism industry in France, 2020
Figure 48: Factors influencing the likelihood of new entrants in the travel & tourism industry in France, 2020
Figure 49: Factors influencing the threat of substitutes in the travel & tourism industry in France, 2020
Figure 50: Drivers of degree of rivalry in the travel & tourism industry in France, 2020
Figure 51: Germany travel & tourism industry value: $ billion, 2016-20
Figure 52: Germany travel & tourism industry category segmentation: % share, by value, 2020
Figure 53: Germany travel & tourism industry geography segmentation: % share, by value, 2020
Figure 54: Germany travel & tourism industry value forecast: $ billion, 2020-25
Figure 55: Forces driving competition in the travel & tourism industry in Germany, 2020
Figure 56: Drivers of buyer power in the travel & tourism industry in Germany, 2020
Figure 57: Drivers of supplier power in the travel & tourism industry in Germany, 2020
Figure 58: Factors influencing the likelihood of new entrants in the travel & tourism industry in Germany, 2020
Figure 59: Factors influencing the threat of substitutes in the travel & tourism industry in Germany, 2020
Figure 60: Drivers of degree of rivalry in the travel & tourism industry in Germany, 2020
Figure 61: India travel & tourism industry value: $ billion, 2016-20
Figure 62: India travel & tourism industry category segmentation: % share, by value, 2020
Figure 63: India travel & tourism industry geography segmentation: % share, by value, 2020
Figure 64: India travel & tourism industry value forecast: $ billion, 2020-25
Figure 65: Forces driving competition in the travel & tourism industry in India, 2020
Figure 66: Drivers of buyer power in the travel & tourism industry in India, 2020
Figure 67: Drivers of supplier power in the travel & tourism industry in India, 2020
Figure 68: Factors influencing the likelihood of new entrants in the travel & tourism industry in India, 2020
Figure 69: Factors influencing the threat of substitutes in the travel & tourism industry in India, 2020
Figure 70: Drivers of degree of rivalry in the travel & tourism industry in India, 2020
Figure 71: Indonesia travel & tourism industry value: $ billion, 2016-20
Figure 72: Indonesia travel & tourism industry category segmentation: % share, by value, 2020
Figure 73: Indonesia travel & tourism industry geography segmentation: % share, by value, 2020
Figure 74: Indonesia travel & tourism industry value forecast: $ billion, 2020-25
Figure 75: Forces driving competition in the travel & tourism industry in Indonesia, 2020
Figure 76: Drivers of buyer power in the travel & tourism industry in Indonesia, 2020
Figure 77: Drivers of supplier power in the travel & tourism industry in Indonesia, 2020