Luxury Travel Market, Global Outlook and Forecast 2023-2029

Luxury Travel Market, Global Outlook and Forecast 2023-2029

Report Code: KNJ1479088 | No. of Pages: 104 | Category: Services
Publisher: Market Monitor Global | Date of Publish: Jan-2023
Luxury travel today is defined less by thread count and Michelin stars and more by access to the people, places and experiences that represent all that is authentic about a destination. There’s no denying that comfort factors still apply and high standards of accommodation and dining will always feature on the luxury traveller’s wish list. However, today’s luxury traveller seeks more depth of understanding and immersion into local culture than ever before. People don’t just want to see – they want to participate. The sales process is also critical and whilst the online proposition can be an asset in terms of booking more simple arrangements, clients looking for luxury experiential travel require a deep level of sophisticated knowledge and confidence during the sales process.
This report aims to provide a comprehensive presentation of the global market for Luxury Travel, 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 Luxury Travel. This report contains market size and forecasts of Luxury Travel in global, including the following market information:
Global Luxury Travel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Luxury Travel market was valued at US$ 22840 million in 2022 and is projected to reach US$ 39250 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest Luxury Travel market with about 33% market share. Europe is follower, accounting for about 30% market share.The key manufacturers are TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson etc. Top 5 companies occupied about 14% market share.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Luxury Travel 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 Luxury Travel Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Luxury Travel Market Segment Percentages, by Type, 2022 (%)
    Customized and Private Vacation
    Adventure and Safari
    Cruise/Ship Expedition
    Small Group Journey
    Celebration and Special Event
    Others
Global Luxury Travel Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Luxury Travel Market Segment Percentages, by Application, 2022 (%)
    Millennial
    Generation X
    Baby Boomers
Global Luxury Travel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Luxury Travel Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Luxury Travel revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Luxury Travel revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    TUI Group
    Thomas Cook Group
    Jet2 Holidays
    Cox & Kings Ltd
    Lindblad Expeditions
    Travcoa
    Scott Dunn
    Abercrombie & Kent Ltd
    Micato Safaris
    Tauck
    Al Tayyar
    Backroads
    Zicasso
    Exodus Travels
    Butterfield & Robinson
Outline of Major Chapters:
Chapter 1: Introduces the definition of Luxury Travel, market overview.
Chapter 2: Global Luxury Travel market size in revenue.
Chapter 3: Detailed analysis of Luxury Travel 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 Luxury Travel 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.
1 Introduction to Research & Analysis Reports
    1.1 Luxury Travel Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Luxury Travel Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Luxury Travel Overall Market Size
    2.1 Global Luxury Travel Market Size: 2022 VS 2029
    2.2 Global Luxury Travel Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Luxury Travel Players in Global Market
    3.2 Top Global Luxury Travel Companies Ranked by Revenue
    3.3 Global Luxury Travel Revenue by Companies
    3.4 Top 3 and Top 5 Luxury Travel Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Luxury Travel Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Luxury Travel Players in Global Market
        3.6.1 List of Global Tier 1 Luxury Travel Companies
        3.6.2 List of Global Tier 2 and Tier 3 Luxury Travel Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Luxury Travel Market Size Markets, 2022 & 2029
        4.1.2 Customized and Private Vacation
        4.1.3 Adventure and Safari
        4.1.4 Cruise/Ship Expedition
        4.1.5 Small Group Journey
        4.1.6 Celebration and Special Event
        4.1.7 Others
    4.2 By Type - Global Luxury Travel Revenue & Forecasts
        4.2.1 By Type - Global Luxury Travel Revenue, 2018-2023
        4.2.2 By Type - Global Luxury Travel Revenue, 2024-2029
        4.2.3 By Type - Global Luxury Travel Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Luxury Travel Market Size, 2022 & 2029
        5.1.2 Millennial
        5.1.3 Generation X
        5.1.4 Baby Boomers
    5.2 By Application - Global Luxury Travel Revenue & Forecasts
        5.2.1 By Application - Global Luxury Travel Revenue, 2018-2023
        5.2.2 By Application - Global Luxury Travel Revenue, 2024-2029
        5.2.3 By Application - Global Luxury Travel Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Luxury Travel Market Size, 2022 & 2029
    6.2 By Region - Global Luxury Travel Revenue & Forecasts
        6.2.1 By Region - Global Luxury Travel Revenue, 2018-2023
        6.2.2 By Region - Global Luxury Travel Revenue, 2024-2029
        6.2.3 By Region - Global Luxury Travel Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Luxury Travel Revenue, 2018-2029
        6.3.2 US Luxury Travel Market Size, 2018-2029
        6.3.3 Canada Luxury Travel Market Size, 2018-2029
        6.3.4 Mexico Luxury Travel Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Luxury Travel Revenue, 2018-2029
        6.4.2 Germany Luxury Travel Market Size, 2018-2029
        6.4.3 France Luxury Travel Market Size, 2018-2029
        6.4.4 U.K. Luxury Travel Market Size, 2018-2029
        6.4.5 Italy Luxury Travel Market Size, 2018-2029
        6.4.6 Russia Luxury Travel Market Size, 2018-2029
        6.4.7 Nordic Countries Luxury Travel Market Size, 2018-2029
        6.4.8 Benelux Luxury Travel Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Luxury Travel Revenue, 2018-2029
        6.5.2 China Luxury Travel Market Size, 2018-2029
        6.5.3 Japan Luxury Travel Market Size, 2018-2029
        6.5.4 South Korea Luxury Travel Market Size, 2018-2029
        6.5.5 Southeast Asia Luxury Travel Market Size, 2018-2029
        6.5.6 India Luxury Travel Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Luxury Travel Revenue, 2018-2029
        6.6.2 Brazil Luxury Travel Market Size, 2018-2029
        6.6.3 Argentina Luxury Travel Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Luxury Travel Revenue, 2018-2029
        6.7.2 Turkey Luxury Travel Market Size, 2018-2029
        6.7.3 Israel Luxury Travel Market Size, 2018-2029
        6.7.4 Saudi Arabia Luxury Travel Market Size, 2018-2029
        6.7.5 UAE Luxury Travel Market Size, 2018-2029
7 Luxury Travel Companies Profiles
    7.1 TUI Group
        7.1.1 TUI Group Company Summary
        7.1.2 TUI Group Business Overview
        7.1.3 TUI Group Luxury Travel Major Product Offerings
        7.1.4 TUI Group Luxury Travel Revenue in Global Market (2018-2023)
        7.1.5 TUI Group Key News & Latest Developments
    7.2 Thomas Cook Group
        7.2.1 Thomas Cook Group Company Summary
        7.2.2 Thomas Cook Group Business Overview
        7.2.3 Thomas Cook Group Luxury Travel Major Product Offerings
        7.2.4 Thomas Cook Group Luxury Travel Revenue in Global Market (2018-2023)
        7.2.5 Thomas Cook Group Key News & Latest Developments
    7.3 Jet2 Holidays
        7.3.1 Jet2 Holidays Company Summary
        7.3.2 Jet2 Holidays Business Overview
        7.3.3 Jet2 Holidays Luxury Travel Major Product Offerings
        7.3.4 Jet2 Holidays Luxury Travel Revenue in Global Market (2018-2023)
        7.3.5 Jet2 Holidays Key News & Latest Developments
    7.4 Cox & Kings Ltd
        7.4.1 Cox & Kings Ltd Company Summary
        7.4.2 Cox & Kings Ltd Business Overview
        7.4.3 Cox & Kings Ltd Luxury Travel Major Product Offerings
        7.4.4 Cox & Kings Ltd Luxury Travel Revenue in Global Market (2018-2023)
        7.4.5 Cox & Kings Ltd Key News & Latest Developments
    7.5 Lindblad Expeditions
        7.5.1 Lindblad Expeditions Company Summary
        7.5.2 Lindblad Expeditions Business Overview
        7.5.3 Lindblad Expeditions Luxury Travel Major Product Offerings
        7.5.4 Lindblad Expeditions Luxury Travel Revenue in Global Market (2018-2023)
        7.5.5 Lindblad Expeditions Key News & Latest Developments
    7.6 Travcoa
        7.6.1 Travcoa Company Summary
        7.6.2 Travcoa Business Overview
        7.6.3 Travcoa Luxury Travel Major Product Offerings
        7.6.4 Travcoa Luxury Travel Revenue in Global Market (2018-2023)
        7.6.5 Travcoa Key News & Latest Developments
    7.7 Scott Dunn
        7.7.1 Scott Dunn Company Summary
        7.7.2 Scott Dunn Business Overview
        7.7.3 Scott Dunn Luxury Travel Major Product Offerings
        7.7.4 Scott Dunn Luxury Travel Revenue in Global Market (2018-2023)
        7.7.5 Scott Dunn Key News & Latest Developments
    7.8 Abercrombie & Kent Ltd
        7.8.1 Abercrombie & Kent Ltd Company Summary
        7.8.2 Abercrombie & Kent Ltd Business Overview
        7.8.3 Abercrombie & Kent Ltd Luxury Travel Major Product Offerings
        7.8.4 Abercrombie & Kent Ltd Luxury Travel Revenue in Global Market (2018-2023)
        7.8.5 Abercrombie & Kent Ltd Key News & Latest Developments
    7.9 Micato Safaris
        7.9.1 Micato Safaris Company Summary
        7.9.2 Micato Safaris Business Overview
        7.9.3 Micato Safaris Luxury Travel Major Product Offerings
        7.9.4 Micato Safaris Luxury Travel Revenue in Global Market (2018-2023)
        7.9.5 Micato Safaris Key News & Latest Developments
    7.10 Tauck
        7.10.1 Tauck Company Summary
        7.10.2 Tauck Business Overview
        7.10.3 Tauck Luxury Travel Major Product Offerings
        7.10.4 Tauck Luxury Travel Revenue in Global Market (2018-2023)
        7.10.5 Tauck Key News & Latest Developments
    7.11 Al Tayyar
        7.11.1 Al Tayyar Company Summary
        7.11.2 Al Tayyar Business Overview
        7.11.3 Al Tayyar Luxury Travel Major Product Offerings
        7.11.4 Al Tayyar Luxury Travel Revenue in Global Market (2018-2023)
        7.11.5 Al Tayyar Key News & Latest Developments
    7.12 Backroads
        7.12.1 Backroads Company Summary
        7.12.2 Backroads Business Overview
        7.12.3 Backroads Luxury Travel Major Product Offerings
        7.12.4 Backroads Luxury Travel Revenue in Global Market (2018-2023)
        7.12.5 Backroads Key News & Latest Developments
    7.13 Zicasso
        7.13.1 Zicasso Company Summary
        7.13.2 Zicasso Business Overview
        7.13.3 Zicasso Luxury Travel Major Product Offerings
        7.13.4 Zicasso Luxury Travel Revenue in Global Market (2018-2023)
        7.13.5 Zicasso Key News & Latest Developments
    7.14 Exodus Travels
        7.14.1 Exodus Travels Company Summary
        7.14.2 Exodus Travels Business Overview
        7.14.3 Exodus Travels Luxury Travel Major Product Offerings
        7.14.4 Exodus Travels Luxury Travel Revenue in Global Market (2018-2023)
        7.14.5 Exodus Travels Key News & Latest Developments
    7.15 Butterfield & Robinson
        7.15.1 Butterfield & Robinson Company Summary
        7.15.2 Butterfield & Robinson Business Overview
        7.15.3 Butterfield & Robinson Luxury Travel Major Product Offerings
        7.15.4 Butterfield & Robinson Luxury Travel Revenue in Global Market (2018-2023)
        7.15.5 Butterfield & Robinson Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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