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    Home»Travel»GCC Outbound Travel and Tourism Market Outlook Report 2023: $250 Billion Potential by 2031
    Travel

    GCC Outbound Travel and Tourism Market Outlook Report 2023: $250 Billion Potential by 2031

    adminBy adminMarch 8, 2023No Comments5 Mins Read
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    Dublin, March 8, 2023 /PRNewswire/ — Added ‘GCC Outbound Travel & Tourism Market Outlook 2031’ report of ResearchAndMarkets.com Recruitment.

    of GCC The outbound travel and tourism market is CAGR of 17.54% during the forecast period I.e., 2022-2031

    The market generated a revenue of approx. US$50 billion at the end of 2021 US$250,000 million By the end of 2031.

    Rise in people’s spending on international travel, followed by an increase in international tourist departures to different parts of the world, and an increase in online booking of flights and trips are expected to drive market growth during the forecast. are some of the major factors. period.

    The GCC outbound travel and tourism market is segmented by tourism, age type, duration, booking method, traveler type and spending type. Based on tourism type, the market is further segmented into leisure, religious, cultural tourism, medical tourism, sports & adventure, mouse and others.

    The leisure segment is expected to capture the highest revenue US$110,000 million This growth is due to increased leisure tourism activity. The leisure segment is expected to grow at a CAGR of 17.28% during the forecast period. In addition to this, this segment generated the following market revenues: US$22 billion 2021 years.

    UAE Market Collects Highest Earnings Nearby US$17 billion In 2021. By the end of 2031, approximately US$67 billion, by growing at a CAGR of about 15% over the forecast period. Factors such as increasing spending on outbound tourism by UAE people are expected to boost the growth of the market in the region.

    Our report provides other notable indicators of competitive positioning such as company profile, business strategy, key products, financial performance, key performance indicators, risk analysis, recent developments, regional presence and SWOT analysis. Covers detailed company profiling, including:

    Some of the prominent industry leaders of the GCC Outbound Travel and Tourism market included in the report are:

    • Dadabai Travel LLC
    • dnata travel group
    • Saudi Evryz Company
    • Travelex Travels & Tours LLC
    • sheila group
    • Omeir Travel Agency LLC
    • Al Badi Group
    • Arabian Oryx Travel and Tourism LLC
    • STBE Plus (Sharaf Travel)
    • Houseoftours.com

    Main topics:

    1.First of all
    1.1.market definition
    1.2. Market segmentation
    1.3.Product overview

    2. Assumptions and acronyms

    3. Survey method
    3.1. Research process
    3.2. Primary research
    3.3. Secondary research
    3.4.Estimated market size

    4. Executive Summary – GCC Outbound Travel and Tourism Market

    5. Analysis of market dynamics
    5.1. Growth drivers
    5.2. Market trends

    6. Key Market Opportunities for Business Growth
    6.1. Period Based
    6.2. Depending on the type of tourism
    6.3. By age group
    6.4. Depends on booking method
    6.5. Based on Traveler Type
    6.6. Based on expenditure type

    7. Major Obstacles to Market Growth

    8. Regulatory and Standard Landscape

    9. Industry risk analysis

    10. Overview of travel and tourism in Saudi Arabia
    10.1. Current COVID scenarios in GCC countries
    10.2. Infected persons (number
    10.2.1. Collection cases
    10.3. Post-COVID-19 travel restrictions
    10.4. Health and safety measures adopted in the country
    10.5. Digital technology
    10.5.1. Virtual tourism
    10.5.2. Contactless Booking
    10.6. Requests
    10.7. Transportation
    10.7.1. Domestic flights
    10.7.2. International flights
    10.8. Tourist Visa Scenario
    10.9. Trends in resuming travel
    10.10. Hajj and Umrah Travel Requirements
    10.11. Other Factors

    11. Competitive Positioning

    12. Competitive structure:
    12.1. Market Share Analysis, 2021
    12.2. Competitive Benchmarks
    12.2.1. Dada Bai Travel LLC
    12.2.2. dnata travel services
    12.2.3. TRAVELEX TRAVELS & TOURS LLC
    12.2.4. Flyin.com
    12.2.5. Houseoftours.com
    12.2.6. Sheila Group
    12.2.7. Omeir Travel Agency LLC
    12.2.8. Al Badi Group
    12.2.9. Arabian Oryx Travel & Tourism LLC
    12.2.10STBE Plus (Sharaf Travel)

    13. GCC Outbound Travel and Tourism Market, 2021-2031
    13.1. Market Overview
    13.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    13.3. GCC Outbound Travel and Tourism Market Outlook and Forecast, Opportunity Assessment by Segment
    13.3.1. By period
    13.3.1.1. Less Than 7 Days, Market Value (USD Million), CAGR, 2021-2031F
    13.3.1.2. 7-30 Days, Market Value (USD Million), CAGR, 2021-2031F
    13.3.1.3. 1-6 Months, Market Value (USD Million), CAGR, 2021-2031 Forecast
    13.3.1.4. Over 6 Months, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2. By tourism type
    13.3.2.1. Leisure, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.2. Religion, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.3. Cultural Tourism, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.4. Medical Tourism, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.5. Sports & Adventure, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.6. MICE Tourism, Market Value (USD Million), CAGR, 2021-2031F
    13.3.2.7. Others, Market Value (USD Million), CAGR, 2021-2031F
    13.3.3. Age group
    13.3.3.1. Generation Z, Market Value (USD Million), CAGR, 2021-2031F
    13.3.3.2. Millennials, Market Value (USD Million), CAGR, 2021-2031F
    13.3.3.3. Generation X, Market Value (USD Million), CAGR, 2021-2031 Forecast
    13.3.3.4. Baby Boomers, Market Value (USD Million), CAGR, 2021-2031F
    13.3.4. By Booking Method
    13.3.4.1. Online, Market Value (USD Million), CAGR, 2021-2031F
    13.3.4.2. Offline, Market Value (USD Million), CAGR, 2021-2031F
    13.3.4.3. Travel Agency Stores, Market Value (USD Million), CAGR, 2021-2031F
    13.3.4.4. Airlines, Market Value (USD Million), CAGR, 2021-2031F
    13.3.4.5. Others, Market Value (USD Million), CAGR, 2021-2031F
    13.3.5. By Traveler Type
    13.3.5.1. Solo, Market Value (USD Million), CAGR, 2021-2031F
    13.3.5.2. Friends/Group, Market Value (USD Million), CAGR, 2021-2031F
    13.3.5.3. Couple, Market Value (USD Million), CAGR, 2021-2031F
    13.3.5.4. Family, Market Value (USD Million), CAGR, 2021-2031F
    13.3.6. By expenditure type
    13.3.6.1. Airline Tickets, Market Value (USD Million), CAGR, 2021-2031F
    13.3.6.2. Hotels, Market Value (USD Million), CAGR, 2021-2031F
    13.3.6.3. Insurance, Market Value (USD Million), CAGR, 2021-2031F
    13.3.6.4. Others, Market Value (USD Million), CAGR, 2021-2031F
    13.3.7. By region
    13.3.7.1. Market Overview
    13.3.7.2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    13.3.7.2.1. bahrainMarket Value (USD Million), CAGR, 2021-2031F
    13.3.7.2.2. KuwaitMarket Value (USD Million), CAGR, 2021-2031F
    13.3.7.2.3. OmanMarket Value (USD Million), CAGR, 2021-2031F
    13.3.7.2.4. QatarMarket Value (USD Million), CAGR, 2021-2031F
    13.3.7.2.5. Saudi ArabiaMarket Value (USD Million), CAGR, 2021-2031F
    13.3.7.2.6. United Arab EmiratesMarket Value (USD Million), CAGR, 2021-2031F

    For more information on this report, please visit https://www.researchandmarkets.com/r/l18t4u.

    About ResearchAndMarkets.com
    ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. It provides up-to-date data on international and regional markets, key industries, top companies, new products and latest trends.

    Media contact:

    research and market
    Laura WoodSenior Manager
    [email protected]

    For EST office hours, please call +1-917-300-0470.
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    Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

    SOURCE Research and Market



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