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Travel & Tourism in India

Publisher MarketLine
Published Oct 17, 2024
Length 42 Pages
SKU # MTLN19546924

Description

Travel & Tourism in India

Summary

Travel & Tourism in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
  • The Indian travel & tourism industry recorded revenues of $222.4 billion in 2023, representing a compound annual growth rate (CAGR) of 7.0% between 2018 and 2023.
  • The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $116.6 billion, equivalent to 52.4% of the industry's overall value.
  • Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Travel and Tourism Council, the capital investment in travel and tourism in India reached $88.2 billion in 2023, reflecting a 9.6% increase from 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in India
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India travel & tourism market with five year forecasts
Reasons to Buy
  • What was the size of the India travel & tourism market by value in 2023?
  • What will be the size of the India travel & tourism market in 2028?
  • What factors are affecting the strength of competition in the India travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up India's travel & tourism market?

Table of Contents

42 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the recent developments in the industry?
8 Company Profiles
8.1. The Indian Hotels Company Ltd
8.2. MakeMyTrip Ltd
8.3. Interglobe Aviation Ltd
8.4. Restaurant Brands Asia Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India travel & tourism industry value: $ million, 2018-23
Table 2: India travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: India travel & tourism industry category segmentation: $ million, 2018-23
Table 4: India travel & tourism industry geography segmentation: $ million, 2023
Table 5: India travel & tourism industry value forecast: $ million, 2023-28
Table 6: The Indian Hotels Company Ltd: Key Facts
Table 7: The Indian Hotels Company Ltd: Annual Financial Ratios
Table 8: The Indian Hotels Company Ltd: Key Employees
Table 9: MakeMyTrip Ltd: Key Facts
Table 10: MakeMyTrip Ltd: Annual Financial Ratios
Table 11: MakeMyTrip Ltd: Key Employees
Table 12: Interglobe Aviation Ltd: Key Facts
Table 13: Interglobe Aviation Ltd: Annual Financial Ratios
Table 14: Interglobe Aviation Ltd: Key Employees
Table 15: Restaurant Brands Asia Ltd: Key Facts
Table 16: Restaurant Brands Asia Ltd: Annual Financial Ratios
Table 17: India Size of Population (million), 2019-23
Table 18: India Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 19: India GDP (Current Prices, $ Billion), 2019-23
Table 20: India Inflation, 2019-23
Table 21: India Consumer Price Index (Absolute), 2019-23
Table 22: India Exchange Rate, 2018-23
List of Figures
Figure 1: India travel & tourism industry value: $ million, 2018-23
Figure 2: India travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: India travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: India travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in India, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in India, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in India, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in India, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in India, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in India, 2023

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