Traditional Travel Agency

Global Traditional Travel Agency Market to Reach US$182.7 Billion by 2030

The global market for Traditional Travel Agency estimated at US$154.5 Billion in the year 2024, is expected to reach US$182.7 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2024-2030. Transportation Service, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$109.3 Billion by the end of the analysis period. Growth in the Travel Accommodation Service segment is estimated at 2.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$42.1 Billion While China is Forecast to Grow at 5.5% CAGR

The Traditional Travel Agency market in the U.S. is estimated at US$42.1 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$35.7 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.1% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Global Traditional Travel Agency Market – Key Trends & Drivers Summarized

Is There Still a Place for Brick-and-Mortar Travel Agencies in a Digital World?

Despite the rise of online travel booking platforms, traditional travel agencies remain an integral part of the global travel ecosystem, especially for complex itineraries, personalized service, and high-touch customer care. These agencies, characterized by physical storefronts and personal interactions, have carved out a resilient niche by focusing on bespoke travel planning, group tours, corporate travel management, and luxury vacations. While younger, tech-savvy travelers tend to book directly through apps or OTAs, traditional travel agencies still command strong loyalty from older demographics, families, and clients seeking hassle-free, full-service planning. Moreover, traditional agencies excel in managing multi-leg international journeys, visa processes, travel insurance, and destination-specific expertise. Their deep supplier networks, relationships with airlines, hotels, and tour operators enable them to secure exclusive deals, upgrades, and added-value services that are often unavailable to self-bookers. During disruptions like pandemics, natural disasters, or airline strikes, these agencies provide real-time support and rebooking services, reaffirming their value in an unpredictable global travel landscape.

How Are Traditional Agencies Adapting to the Tech-Driven Traveler?

The survival and gradual evolution of traditional travel agencies can largely be attributed to their strategic integration of technology without abandoning the human touch that defines their core appeal. Many agencies now offer hybrid services—clients may initiate the planning process online but complete it in person or over the phone with an advisor. CRM systems, AI-powered itinerary builders, and dynamic pricing tools are increasingly being used to personalize travel packages and speed up booking processes. Some traditional agencies have developed proprietary platforms or mobile apps that retain a concierge-style user experience while providing real-time updates, digital documentation, and 24/7 support. Others have entered partnerships with fintech providers to offer installment-based payments, insurance bundling, or currency exchange services. More forward-thinking agencies have also embraced digital marketing, utilizing social media, destination webinars, and influencer partnerships to stay relevant to younger audiences. By combining the trust and accountability of a traditional model with selective digital capabilities, agencies are redefining what personalized service looks like in the modern era.

Why Is Group and Corporate Travel Keeping Traditional Agencies Relevant?

A significant portion of traditional travel agencies’ sustained revenue comes from group travel and corporate travel services. For group travel—be it for weddings, religious pilgrimages, school trips, or MICE (Meetings, Incentives, Conferences, and Exhibitions)—agencies manage logistics that are too complex for individual booking platforms to handle effectively. They negotiate group rates, coordinate transportation, meals, and lodging, and provide on-ground support in case of emergencies. These high-value bookings are often repeat business and generate stronger margins than solo travel. Similarly, corporate clients rely on traditional agencies for end-to-end travel management that includes expense tracking, policy enforcement, duty of care, and round-the-clock support. These agencies use dedicated business travel platforms and are often integrated into corporate procurement systems, handling everything from visa applications to carbon offsetting strategies. The increasing need for sustainability reporting, travel analytics, and risk mitigation in corporate travel is solidifying the role of travel management companies (TMCs), a subsegment of traditional agencies. These factors are ensuring that traditional players remain indispensable in specific travel verticals.

What’s Fueling the Continued Relevance of Traditional Travel Agencies?

The growth in the traditional travel agency market is driven by several factors grounded in customer behavior, service complexity, and evolving travel trends. One major driver is the growing demand for expert-led, customized travel experiences among high-net-worth individuals, families, and retirees who prefer personal consultation over algorithmic recommendations. Another is the resurgence of group and religious tourism, where logistical coordination, trust, and local knowledge are paramount—needs best addressed by traditional agencies. The complexity of international travel, including visa requirements, insurance mandates, and health documentation, continues to push travelers toward expert assistance. Corporate travel’s increasing sophistication and need for end-to-end service integration is also a key contributor, with businesses prioritizing managed travel over ad hoc bookings. In addition, many travelers returning to the market post-COVID are seeking security, rebooking flexibility, and trusted advice—preferences that align with the value proposition of traditional agencies. Lastly, as many online platforms struggle to offer human support during disruptions, the personalized guidance offered by physical agencies is regaining favor among experience-driven travelers seeking reliability and tailored expertise.

SCOPE OF STUDY:

The report analyzes the Traditional Travel Agency market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Service Type (Transportation, Travel Accommodation, Vacation Packages); Age Group (22 - 31 Yrs, 32 - 43 Yrs, 44 - 56 Yrs, Above 56 Yrs)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 43 Featured) -

• Abercrombie & Kent
• Audley Travel
• BCD Travel
• CWT (formerly Carlson Wagonlit Travel)
• Flight Centre Travel Group
• Frosch International Travel
• Helloworld Travel
• House of Travel
• Intrepid Travel
• Kuoni Travel
• Liberty Travel
• Omega World Travel
• Scott Dunn
• STA Travel
• Trailfinders
• Travel Leaders Group
• TravelStore
• TUI Group
• Uniglobe Travel
• Viagens Abreu

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.