Travel & Tourism in India
Description
Travel & Tourism in India
Summary
Travel & Tourism in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Travel & Tourism in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Indian travel & tourism industry recorded revenues of $326.9 billion in 2024, representing a compound annual growth rate (CAGR) of 7.1% between 2019 and 2024.
- The hotels & motels segment accounted for the industry's largest proportion in 2024, with total revenues of $169 billion, equivalent to 51.7% of the industry's overall value.
- In 2024, India accounted for a share of 20.4% of the Asia-Pacific travel & tourism industry.
- 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
- What was the size of the India travel & tourism market by value in 2024?
- What will be the size of the India travel & tourism market in 2029?
- 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
43 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. Restaurant Brands Asia Ltd
- 8.3. MakeMyTrip Ltd
- 8.4. Interglobe Aviation 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, 2019-24
- Table 2: India travel & tourism industry category segmentation: % share, by value, 2019-24
- Table 3: India travel & tourism industry category segmentation: $ million, 2019-24
- Table 4: India travel & tourism industry geography segmentation: $ million, 2024
- Table 5: India travel & tourism industry value forecast: $ million, 2024-29
- 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: Restaurant Brands Asia Ltd: Key Facts
- Table 10: Restaurant Brands Asia Ltd: Annual Financial Ratios
- Table 11: MakeMyTrip Ltd: Key Facts
- Table 12: MakeMyTrip Ltd: Annual Financial Ratios
- Table 13: MakeMyTrip Ltd: Key Employees
- Table 14: Interglobe Aviation Ltd: Key Facts
- Table 15: Interglobe Aviation Ltd: Annual Financial Ratios
- Table 16: Interglobe Aviation Ltd: Key Employees
- Table 17: India Size of Population (Million), 2020-24
- Table 18: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 19: India GDP (Current Prices, $ Billion), 2020-24
- Table 20: India Inflation, 2020-24
- Table 21: India Consumer Price Index (Absolute), 2020-24
- Table 22: India Exchange Rate, 2019-24
- List of Figures
- Figure 1: India travel & tourism industry value: $ million, 2019-24
- Figure 2: India travel & tourism industry category segmentation: $ million, 2019-24
- Figure 3: India travel & tourism industry geography segmentation: % share, by value, 2024
- Figure 4: India travel & tourism industry value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the travel & tourism industry in India, 2024
- Figure 6: Drivers of buyer power in the travel & tourism industry in India, 2024
- Figure 7: Drivers of supplier power in the travel & tourism industry in India, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in India, 2024
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in India, 2024
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in India, 2024
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