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The travel agency services market is forecasted to grow by USD 156.7 billion during 2023-2028, accelerating at a CAGR of 8.6% during the forecast period. The report on the travel agency services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing international tourist footfalls, growing preference for booking through online travel agencies, and increasing disposable income of travelers.
The travel agency services market is segmented as below:
By Type
- Leisure travel
- Business travel
- Specialty travel
By Distribution Channel
- Online travel agencies
- Hybrid
- Brick and mortar travel agencies
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the travel agency services market covers the following areas:
- Travel agency services market sizing
- Travel agency services market forecast
- Travel agency services market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Type
8 Market Segmentation by Distribution Channel
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global travel agency services market: Abercrombie and Kent USA LLC, American Express Co., BCD Group, Booking Holdings Inc., China tourism group, Corporate Travel Management Ltd., CWT Global BV, eDreams ODIGEO, Expedia Group Inc., Flight Centre Travel Group Ltd., Kesari Tours Pvt. Ltd., MakeMyTrip Ltd., Services International Ltd., The Travel Corp, Thomas Cook India Ltd., Trafalgar, Trip.com Group Ltd., TripAdvisor Inc., TUI AG, and Yatra Online Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing use of technologically advanced travel solutions."
According to the report, one of the major drivers for this market is the increasing international tourist footfalls.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abercrombie and Kent USA LLC
- American Express Co.
- BCD Group
- Booking Holdings Inc.
- China tourism group
- Corporate Travel Management Ltd.
- CWT Global BV
- eDreams ODIGEO
- Expedia Group Inc.
- Flight Centre Travel Group Ltd.
- Kesari Tours Pvt. Ltd.
- MakeMyTrip Ltd.
- Services International Ltd.
- The Travel Corp
- Thomas Cook India Ltd.
- Trafalgar
- Trip.com Group Ltd.
- TripAdvisor Inc.
- TUI AG
- Yatra Online Inc.
