Travel & Tourism in India

Travel & Tourism in India



Summary



Travel & Tourism in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). 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 and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.

– The Indian Travel & Tourism industry had total revenues of $213.4bn in 2018, representing a compound annual growth rate (CAGR) of 9.2% between 2014 and 2018.

– The Foodservice segment was the industry’s most lucrative in 2018, with total revenues of $125.5bn, equivalent to 58.8% of the industry’s overall value.

– The growth of foreign and domestic demand in the Indian industry has been strong in recent years. In detail, the rising income of the population has spurred domestic travel & tourism expenditure, while international tourist arrivals were also increased by the relaxing of visa requirements.



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 2018?

– What will be the size of the India travel & tourism market in 2023?

– 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?



Companies Mentioned:

Domino’s Pizza, Inc.

Yum! Brands, Inc.

Air India Ltd

Expedia Group Inc

MakeMyTrip Ltd

McDonald’s Corp

Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.