Market Research Logo

Travel Agencies in Canada - Industry Market Research Report

Travel Agencies in Canada

The Travel Agencies industry in Canada has struggled over the five years to 2019 as the traditional core services of the industry have been negated by the rise of internet travel booking. The industry has been tipped on its head as consumers have increasingly flocked to online travel websites to research and book travel. While the number of brick-and-mortar establishments has increased slightly alongside overall international travel during the period, brick-and-mortar travel agents have been forced to reinvent themselves to remain relevant as online booking engines have expanded their role. Growth in per capita income and declining unemployment over the five years to 2024 is expected to fail to contribute any substantial boost for the industry's revenue or profit. This will likely be due to many consumers used to making their own travel reservations, and this is anticipated to be aided by improved internet interfaces and seamless transactions.

This industry acts as agents for tour operators, transportation companies and accommodation establishments in selling travel, tour and accommodation services to the general public and commercial clients.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report