Global Travel Agency Business Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Travel Agency Business market size was valued at US$ 31510 million in 2024 and is forecast to a readjusted size of USD 55900 million by 2031 with a CAGR of 8.2% during review period.
A travel agency is a private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours.
The market drivers of travel agency business mainly include the following aspects:
1. Macroeconomics and Residents' Income Level
Macroeconomics continues to develop healthily: Tourism consumption is a higher level of consumption generated by people after they meet their basic living needs, and is closely related to the level and cyclicality of macroeconomic development. With the continued healthy development of the macroeconomy, the income level of residents has steadily increased, and the demand for tourism consumption will also be further released.
The steady growth of residents' income level: The increase in residents' income level has directly promoted the growth of tourism consumption. With the continuous expansion of the middle-income population, tourism has become a leisure method for more and more people.
2. Changes in consumer demand
Individualization and quality demand growth: Consumers' demand for tourism products has shifted from standardization to personalization and quality. This requires travel agencies to provide more diverse tourism products, such as customized tours and theme tours, to meet the needs of different consumers.
The rise of experiential tourism: Consumers pay more and more attention to the quality of tourism experience, including in-depth experience of the culture, history, local customs and other aspects of the destination. Travel agencies need to strengthen cooperation with destinations to enhance the cultural connotation and experience value of tourism products.
3. Technological progress and innovation
Application of digital technology: The application of technologies such as big data, cloud computing, and artificial intelligence enables travel agencies to understand consumer needs more accurately, optimize product design, and improve service efficiency. At the same time, online booking systems and intelligent customer service have also greatly improved the consumer experience.
Cross-border integration and innovation: The cross-border cooperation between travel agencies and other industries, such as cooperation with airlines, hotels, and catering industries, has formed a complete travel ecological chain and improved overall competitiveness. In addition, travel agencies are also actively exploring emerging fields such as green tourism and sports tourism to meet the diversified needs of consumers.
IV. Policy support and industry development
Policy encouragement and financial support: The government has introduced a series of policies to promote the development of the tourism industry, including reducing the ticket prices of scenic spots, supporting the development of rural tourism and ecotourism, etc. These policies provide a good development environment for travel agencies.
Industry development trend: The tourism industry is transforming from a scenic spot tourism development model to a full-region tourism development model, constantly creating new tourism consumption scenarios, and meeting the people's growing and high-quality and diversified tourism consumption needs. This provides more development opportunities for travel agencies.
V. Market competition and brand building
Intensified market competition: With the lowering of industry thresholds and the popularization of technology, more and more small travel agencies and free travel platforms have entered the market, intensifying market competition. Travel agencies need to enhance their market competitiveness by improving service quality and strengthening brand building.
Brand image and compliance operation: Brand image and compliance operation are crucial to the long-term development of travel agencies. By providing a transparent price system and high-quality after-sales service, travel agencies can establish a good brand image in the minds of consumers and win the trust and choice of more customers.
In summary, the market driving factors of travel agency business include macroeconomics and residents' income levels, changes in consumer demand, technological progress and innovation, policy support and industry development, market competition and brand building. These factors are intertwined and work together to promote the continuous development and innovation of travel agency business.
This report is a detailed and comprehensive analysis for global Travel Agency Business market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Travel Agency Business market size and forecasts, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Travel Agency Business
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Travel Agency Business market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Booking Holdings, Viator, Trip.com, Expedia Groups, TUI Group, BCD Travel, World Travel, Despegar, Global Work and Travel Company, Vantage Deluxe, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Travel Agency Business market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
International and Domestic Airline Bookings
Tour and Packaged Travel Bookings
Accommodation Bookings
Cruise Bookings
Car Rental
Others
Market segment by Application
Online Sales
Offline Sales
Market segment by players, this report covers
Booking Holdings
Viator
Trip.com
Expedia Groups
TUI Group
BCD Travel
World Travel
Despegar
Global Work and Travel Company
Vantage Deluxe
Global Vacation Network
Zicasso
Travelocity
Hotels
Thomas Cook
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Travel Agency Business product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Travel Agency Business, with revenue, gross margin, and global market share of Travel Agency Business from 2020 to 2025.
Chapter 3, the Travel Agency Business competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Travel Agency Business market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Travel Agency Business.
Chapter 13, to describe Travel Agency Business research findings and conclusion.
A travel agency is a private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours.
The market drivers of travel agency business mainly include the following aspects:
1. Macroeconomics and Residents' Income Level
Macroeconomics continues to develop healthily: Tourism consumption is a higher level of consumption generated by people after they meet their basic living needs, and is closely related to the level and cyclicality of macroeconomic development. With the continued healthy development of the macroeconomy, the income level of residents has steadily increased, and the demand for tourism consumption will also be further released.
The steady growth of residents' income level: The increase in residents' income level has directly promoted the growth of tourism consumption. With the continuous expansion of the middle-income population, tourism has become a leisure method for more and more people.
2. Changes in consumer demand
Individualization and quality demand growth: Consumers' demand for tourism products has shifted from standardization to personalization and quality. This requires travel agencies to provide more diverse tourism products, such as customized tours and theme tours, to meet the needs of different consumers.
The rise of experiential tourism: Consumers pay more and more attention to the quality of tourism experience, including in-depth experience of the culture, history, local customs and other aspects of the destination. Travel agencies need to strengthen cooperation with destinations to enhance the cultural connotation and experience value of tourism products.
3. Technological progress and innovation
Application of digital technology: The application of technologies such as big data, cloud computing, and artificial intelligence enables travel agencies to understand consumer needs more accurately, optimize product design, and improve service efficiency. At the same time, online booking systems and intelligent customer service have also greatly improved the consumer experience.
Cross-border integration and innovation: The cross-border cooperation between travel agencies and other industries, such as cooperation with airlines, hotels, and catering industries, has formed a complete travel ecological chain and improved overall competitiveness. In addition, travel agencies are also actively exploring emerging fields such as green tourism and sports tourism to meet the diversified needs of consumers.
IV. Policy support and industry development
Policy encouragement and financial support: The government has introduced a series of policies to promote the development of the tourism industry, including reducing the ticket prices of scenic spots, supporting the development of rural tourism and ecotourism, etc. These policies provide a good development environment for travel agencies.
Industry development trend: The tourism industry is transforming from a scenic spot tourism development model to a full-region tourism development model, constantly creating new tourism consumption scenarios, and meeting the people's growing and high-quality and diversified tourism consumption needs. This provides more development opportunities for travel agencies.
V. Market competition and brand building
Intensified market competition: With the lowering of industry thresholds and the popularization of technology, more and more small travel agencies and free travel platforms have entered the market, intensifying market competition. Travel agencies need to enhance their market competitiveness by improving service quality and strengthening brand building.
Brand image and compliance operation: Brand image and compliance operation are crucial to the long-term development of travel agencies. By providing a transparent price system and high-quality after-sales service, travel agencies can establish a good brand image in the minds of consumers and win the trust and choice of more customers.
In summary, the market driving factors of travel agency business include macroeconomics and residents' income levels, changes in consumer demand, technological progress and innovation, policy support and industry development, market competition and brand building. These factors are intertwined and work together to promote the continuous development and innovation of travel agency business.
This report is a detailed and comprehensive analysis for global Travel Agency Business market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Travel Agency Business market size and forecasts, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Travel Agency Business market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Travel Agency Business
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Travel Agency Business market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Booking Holdings, Viator, Trip.com, Expedia Groups, TUI Group, BCD Travel, World Travel, Despegar, Global Work and Travel Company, Vantage Deluxe, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Travel Agency Business market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
International and Domestic Airline Bookings
Tour and Packaged Travel Bookings
Accommodation Bookings
Cruise Bookings
Car Rental
Others
Market segment by Application
Online Sales
Offline Sales
Market segment by players, this report covers
Booking Holdings
Viator
Trip.com
Expedia Groups
TUI Group
BCD Travel
World Travel
Despegar
Global Work and Travel Company
Vantage Deluxe
Global Vacation Network
Zicasso
Travelocity
Hotels
Thomas Cook
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Travel Agency Business product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Travel Agency Business, with revenue, gross margin, and global market share of Travel Agency Business from 2020 to 2025.
Chapter 3, the Travel Agency Business competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Travel Agency Business market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Travel Agency Business.
Chapter 13, to describe Travel Agency Business research findings and conclusion.
Table of Contents
120 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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