Luxury travel includes an enhancing experience with a combination of most desirable destinations, luxurious and serene accommodations, convenient commute, and a royal traveling experience. Luxury travel can be categorized into adventure & safari, cruise, rail journey, culinary travelling & shopping, customized & private vacations, and celebration.
Market Dynamics
Among age group, baby boomers segment held a dominant position in the market in 2025, followed by millennials and generation X segments, owing to increasing disposable income in the age group. These generations have a continuous source of income, as the number of working individuals is continuously increasing. According to Ministry of Labour and Employment, on 27 Jan 2022, Employment is showing an increasing trend in the selected sectors of the economy: Union Minister for Labour & Employment The estimated employment increases from 3.14 crore of third quarter to 3.18 crore of 4th Quarter Manufacturing sector accounts for the largest percentage of the total number of workers Women far outnumber men among self-employed persons in Financial Services.
Increasing adoption of digital media has simplified the processes related to luxury travel industry. Bookings can be confirmed via online applications or websites, and payments can be made through credit cards, debit cards or any other online mode of payment. Social media platforms are useful for the customers as well as for the vendors. Travellers as well as the vendors constantly keep themselves updated with the latest trends related to the luxury traveling. This is attributed to increasing use of internet, smartphones, laptops, and tablets.
Key features of the study:
- This report provides in-depth analysis of global luxury travel market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2025- 2032), considering 2024 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global luxury travel market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Abercrombie & Kent USA, Absolute Travel, Inspiring Travel Company, TCS World Travel, TÜ ELITE, Cox & Kings Ltd., Travcoa, Micato Safaris, Scott Dunn Ltd., Kensington Tours Ltd., and Butterfield & Robinson Inc. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, Category up-gradation, market expansion, and marketing tactics
- Global luxury travel market report caters to various stakeholders in this industry including investors, suppliers, luxury travel manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global luxury travel market
- Global Luxury Travel Market, By Category:
- Adventure & Safari
- Cruise
- Rail Journey
- Culinary Travelling & Shopping
- Customized & Private Vacations
- Celebration
- Global Luxury Travel Market, By Age Group:
- Millennials
- Generation X
- Baby Boomers
- Silver hair
- Global Luxury Travel Market, By Type:
- Domestic
- International
- Global Luxury Travel Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- Abercrombie & Kent USA
- Absolute Travel
- Inspiring Travel Company
- TCS World Travel
- TÜ ELITE
- Cox & Kings Ltd.
- Travcoa
- Micato Safaris
- Scott Dunn Ltd.
- Kensington Tours Ltd.
- Butterfield & Robinson
- 1. Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Category
- Market Snippet, By Age Group
- Market Snippet, By Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- Mergers and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
- Cost Tier Down Analysis
- 4. Global Luxury Travel Market, By Category, 2020 – 2032, (US$ Billion)
- Introduction
- Market Share Analysis, 2025 and 2032(%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Adventure & Safari
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Cruise
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Rail Journey
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Culinary Travelling & Shopping
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Customized & Private vacations
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Celebration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- 5. Global Luxury Travel Market, By Age Group, 2020 – 2032, (US$ Billion)
- Introduction
- Market Share Analysis, 2025 and 2032(%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Millennials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Generation X
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Baby Boomers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- Silver Hair
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- 6. Global Luxury Travel Market, By Type, 2020 – 2032, (US$ Billion)
- Introduction
- Market Share Analysis, 2025 and 2032(%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Domestic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- International
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
- 7. Global Luxury Travel Market, By Region, 2020 – 2032, (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2025 and 2032(%)
- Y-o-Y Growth Analysis, For Region, 2021-2032
- North America
- Market Share Analysis, By Country, 2025 and 2032(%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
- U.S.
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Type, 2020 – 2032, (US$ Billion)
- Canada
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Type, 2020 – 2032, (US$ Billion)
- Europe
- Market Share Analysis, By Country, 2025 and 2032(%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
- U.K.
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Type, 2020 – 2032, (US$ Billion)
- Germany
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Type, 2020 – 2032, (US$ Billion)
- Italy
- Country Trends
- Market Size and Forecast, By Category, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Type, 2020-2032 (US$ Billion)
- France
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020-2032 (US$ Billion)
- Market Size and Forecast, By Type, 2020-2032 (US$ Billion)
- Russia
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020-2032 (US$ Billion)
- Market Size and Forecast, By Type, 2020-2032 (US$ Billion)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Category, 2020 – 2032, (US$ Billion)
- Market Size and Forecast, By Age Group, 2020-2032 (US$ Billion)
- Market Size and Forecast, By Type, 2020-2032 (US$ Billion)
- Asia Pacific
- Market Share Analysis, By Country, 2025 and 2032(%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Share Analysis, By Country, 2025 and 2032(%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Africa
- 8. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Abercrombie & Kent USA
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Absolute Travel
- Inspiring Travel Company
- TCS World Travel
- TÜ ELITE
- Cox & Kings Ltd.
- Travcoa
- Micato Safaris
- Scott Dunn Ltd.
- Kensington Tours Ltd.
- Butterfield & Robinson Inc.
- 9. Section
- References
- Research Methodology
- About us and Sales Contact
- * Browse 35 market data tables* and 25 figures* on Global Luxury Travel Market - Global forecast to 2032.
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