The global Travel Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The travel service industry consists of companies whose primary goal is to market travel services by providing the services of booking and arranging travel tours and accommodations to general and commercial clients.
This report aims to provide a comprehensive presentation of the global market for Travel Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel Services. This report contains market size and forecasts of Travel Services in global, including the following market information:
- Global Travel Services Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The increasing demand for travelling drives the growth of travel service market. The technical advancement, growing people disposable income and people preference toward journey are key drivers propelling the growth of market. Travelling service enable customers to enjoy an unforgettable journey, because they can get a series of service provided by service corporations and they do not need to worry about their air ticket, accommodation and meal. Overall, travel service is super vital in travelling industries.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Travel Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Travel Services Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Travel Services Market Segment Percentages, by Type, 2022 (%)
- Tour Packages
- Flight Bookings
- Hotel Booking Services
- Cruise Bookings
- Rail Bookings
- Car Rental Services
- Others
Global Travel Services Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Travel Services Market Segment Percentages, by Application, 2022 (%)
- Corporations
- Individual Travelers
Global Travel Services Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Travel Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Travel Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Travel Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Asia World Enterprise
- Carlson Wagonlit Travel
- Central America Travel Services
- Regency Travel & Tours
Outline of Major Chapters:
Chapter 1: Introduces the definition of Travel Services, market overview.
Chapter 2: Global Travel Services market size in revenue.
Chapter 3: Detailed analysis of Travel Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Travel Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
