(MENAFN- PR Newswire)
DUBLIN, Aug. 17, 2022 /PRNewswire/ -- The 'Global Luxury Travel Market (2022-2027) by Types of Tour, Age Group, Type of Traveller, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis' report has been added to ResearchAndMarkets.com's offering.
The Global Luxury Travel Market is estimated to be USD 965.8 Bn in 2022 and is expected to reach USD 1629.63 Bn by 2027, growing at a CAGR of 11.03%.
Market dynamics are forces that impact the prices and behaviors of the Global Luxury Travel Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abercrombie & Kent USA, Butterfield & Robinson, Cox and Kings, Kensington Tours, Micato Safari, Scott Dunn, Tauck, Thomas Cook, Travcoa, TUI Group, etc. Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Luxury Travel Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth. Why buy this report?
- The report offers a comprehensive evaluation of the Global Luxury Travel Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Dynamics 4.1 Drivers4.1.1 Growing Inclination of People Towards Unique and Exotic Holiday Experiences4.1.2 Growing Middle and Upper Middle Class Spending4.1.3 Growing Trend of Online Bookings4.2 Restraints4.2.1 Effect by Natural Parameters4.3 Opportunities4.3.1 Emerging New Destinations4.3.2 Demand for Enhanced Service Standards4.4 Challenges4.4.1 Varying Socio-Economic Conditions 5 Market Analysis 5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis 6 Global Luxury Travel Market, By Types of Tour 6.1 Introduction6.2 Customized and Private Vacations6.3 Adventure & Safari6.4 Cruise/Ship Expedition6.5 Small Group Journey6.6 Celebration and Special Events6.7 Culinary Travel and Shopping 7 Global Luxury Travel Market, By Age Group 7.1 Introduction7.2 Millennials7.3 Generation X7.4 Baby Boomers7.5 Silver hair 8 Global Luxury Travel Market, By Type of Traveler 8.1 Introduction8.2 Absolute Luxury8.3 Aspiring Luxury8.4 Accessible Luxury 9 Americas' Luxury Travel Market 9.1 Introduction9.2 Argentina9.3 Brazil9.4 Canada9.5 Chile9.6 Colombia9.7 Mexico9.8 Peru9.9 United States9.10 Rest of Americas 10 Europe's Luxury Travel Market 10.1 Introduction10.2 Austria10.3 Belgium10.4 Denmark10.5 Finland10.6 France10.7 Germany10.8 Italy10.9 Netherlands10.10 Norway10.11 Poland10.12 Russia10.13 Spain10.14 Sweden10.15 Switzerland10.16 United Kingdom10.17 Rest of Europe 11 Middle East and Africa's Luxury Travel Market 11.1 Introduction11.2 Egypt11.3 Israel11.4 Qatar11.5 Saudi Arabia11.6 South Africa11.7 United Arab Emirates11.8 Rest of MEA 12 APAC's Luxury Travel Market 12.1 Introduction12.2 Australia12.3 Bangladesh12.4 China12.5 India12.6 Indonesia12.7 Japan12.8 Malaysia12.9 Philippines12.10 Singapore12.11 South Korea12.12 Sri Lanka12.13 Thailand12.14 Taiwan12.15 Rest of Asia-Pacific 13 Competitive Landscape 13.1 Competitive Quadrant13.2 Market Share Analysis13.3 Strategic Initiatives13.3.1 M&A and Investments13.3.2 Partnerships and Collaborations13.3.3 Product Developments and Improvements 14 Company Profiles 14.1 Abercrombie & Kent USA14.2 Backroads 14.3 Black Tomato 14.4 Butterfield & Robinson14.5 Cox and Kings 14.6 Exodus Travels14.7 Kensington Tours14.8 Ker & Downey 14.9 Lindblad Expenditions 14.10 Micato Safari14.11 Scott Dunn 14.12 Tauck14.13 Thomas Cook 14.14 Travcoa 14.15 TUI Group14.16 Zicasso 15 Appendix For more information about this report visit
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