Luxury Travel Market.pdf

GLOBAL LUXURY TRAVEL MARKET RESEARCH REPORT,
2023-2030
Market Value:
• 2022 = USD 1.57 billion
• 2030 = USD 3.29 billion
• CAGR = 9.7 %
Date Published: January 2023
Publisher: Introspective Market Research

Luxury Travel Market
www.introspectivemarketresearch.com IMR 2023
Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
REPORT OUTCOMES

The Global Luxury Travel Market size is expected to grow from USD 1.57
billion in 2022 to USD 3.29 billion by 2030, at a CAGR of 9.7% during the
forecast period (2023-2030).
The luxury travel market caters to discerning travelers seeking high-end and
exclusive experiences. It offers premium services, accommodations, and
personalized itineraries that go beyond standard travel offerings. Luxury travel
destinations often feature opulent resorts, private villas, fine dining, and unique,
tailor-made activities. This market aims to provide travelers with exceptional
comfort, lavish experiences, and a focus on individual preferences, making it an
attractive choice for those willing to invest in distinctive and indulgent travel
adventures.
Top Key Players Covered In Luxury Travel Market
Abercrombie & Kent USA, LLC. (USA), Cox & Kings Ltd. (India), Butterfield
& Robinson Inc. (Canada), Scott Dunn Ltd. (UK), Kensington Tours Ltd. (US),
Micato Safaris (India), Thomas Cook Ltd. (India), Meredith Corporation, LLC
(US), Travcoa Corporation (California), TUI AG, (Germany), and other major
players.
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The research covers factors impacting the top market participants as well as
current technical breakthroughs. The study includes thorough statistical data to
assist top organizations in better understanding the industry's operations. The
report examines every major organization and actor involved in industrial growth,
as well as providing a complete assessment of the competitive environment. In
addition, the inquiry looks into market challenges, opportunities, constraints,
development drivers, trends, and the company production network, among other
things. It also provides information about each section's attractiveness, as well as
its growth rate and market size, which aids in determining which segment to
invest in or promote.
Segmentation Analysis of Luxury Travel Market
The market share growth by the domestic segment will be significant during the
forecast period. Supportive government regulations, lack of currency exchange
issues, and familiarity with culture and language contribute to the growth of
domestic luxury travel. Domestic tourism is a lucrative business, and due to the
rising trend for micro trips and staycations, it will continue to grow. In

comparison with international travel, luxury vacations at home are a cost-efficient
option.
By Type Of Tour
• Adventure & Safari
• Customized & Private
• Celebration & Special Events
• Cruise/Ship Expedition, Others
By Age Group
• Millennial
• Generation X
• Baby Boomers
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The rise in the people demanding for unique and exotic holiday experiences is
enhanced by the rise in the disposable income. The trend in the middle and upper
middle class population, and people who likes to spend more time with their
family, due to busy lifestyles are the factors that drives the growth of the luxury
travel market globally. To have a most memorable experience, people mostly
choose to go adventure trips, cruising, and unique holidays abroad. The
fluctuating economies in different regions is the threat for the growth of the
luxury travel market.
By Region
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland,
Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain,
Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand,
Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar,
UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Target Audience of the Global Luxury Travel Market in Market Study:
• Key Consulting Companies & Advisors
• Key manufacturers
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers
• Third-party knowledge providers
• Investment bankers
• Investors
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Table Of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type Of Tour
3.2 By Age Group
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Luxury Travel Market by Type Of Tour
5.1 Luxury Travel Market Overview Snapshot and Growth Engine
5.2 Luxury Travel Market Overview
5.3 Adventure & Safari
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Adventure & Safari: Geographic Segmentation

5.4 Customized & Private
5.4.4 Customized & Private: Geographic Segmentation
5.5 Celebration & Special Events
5.5.4 Celebration & Special Events: Geographic Segmentation
5.6 Cruise/Ship Expedition
5.6.4 Cruise/Ship Expedition: Geographic Segmentation
5.7 Others
5.7.4 Others: Geographic Segmentation
Chapter 6: Luxury Travel Market by Age Group
6.1 Luxury Travel Market Overview Snapshot and Growth Engine
6.2 Luxury Travel Market Overview
6.3 Millennial
6.3.4 Millennial: Geographic Segmentation
6.4 Generation X
6.4.4 Generation X: Geographic Segmentation
6.5 Baby Boomers
6.5.4 Baby Boomers: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Luxury Travel Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Luxury Travel Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Luxury Travel Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players

7.2 ABERCROMBIE & KENT USA
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 LLC.
7.4 COX & KINGS LTD.
7.5 BUTTERFIELD & ROBINSON INC.
7.6 SCOTT DUNN LTD.
7.7 KENSINGTON TOURS LTD.
7.8 MICATO SAFARIS
7.9 THOMAS COOK LTD.
7.10 MEREDITH CORPORATION
7.11 LLC
7.12 TRAVCOA CORPORATION
7.13 TUI AG
7.14 OTHER MAJOR PLAYERS
Chapter 8: Global Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type Of Tour
8.2.1 Adventure & Safari
8.2.2 Customized & Private
8.2.3 Celebration & Special Events
8.2.4 Cruise/Ship Expedition
8.2.5 Others
8.3 Historic and Forecasted Market Size By Age Group
8.3.1 Millennial
8.3.2 Generation X
8.3.3 Baby Boomers
Chapter 9: North America Luxury Travel Market Analysis, Insights and Forecast, 2016-2028
To Be Continued…

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Terms of Use:
This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.

Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).

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Luxury Travel Market.pdf