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GCC Outbound Travel & Tourism Market Analysis

  • Report ID: 3200
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

· 
Introduction

  1. Market Definition
  2. Market Segmentation
  3. Product Overview

·  Assumptions and Acronyms

·  Research Methodology

  1. Research Process
  2. Primary Research
    1. Service Providers
    2. End Users
  3. Secondary Research
  4. Market Size Estimation

·  Executive Summary- GCC Outbound Travel and Tourism Market

·  Analysis of Market Dynamics

  1. Growth Drivers
  2. Market Trends

·  Key Market Opportunities for Business Growth

  1. Based on the Duration
  2. Based on the Tourism Type
  3. Based on the Age Group
  4. Based on the Booking Method
  5. Based on the Traveler Type
  6. Based on the Spending Type

·  Major Roadblocks to the Market Growth

·  Regulatory & Standard Landscape

·  Industry Risk Analysis

·  Overview on Saudi Arabia Travel & Tourism

  1. Current COVID Scenario in GCC Countries
  2. Confirmed Cases
    1. Recovered Cases
  3. Travel Restrictions Post COVID-19
  4. Health and Safety Measures Adopted in the Country
  5. Digital technologies
    1. Virtual Tourism
    2. Contactless Bookings
  6. Demand
  7. Transportation
    1. Domestic Flights
    2. International Flights
  8. Tourist Visa Scenario
  9. Travel Re-Opening Trends
  10. Hajj & Umrah Travel Conditions
  11. Other Factors

·  Competitive Positioning

·  Competitive Structure:

  1. Market Share Analysis, 2021
  2. Competitive Benchmarking
    1. Dadabhai Travel LLC
    2. dnata Travel Services
    3. TRAVELEX TRAVELS & TOURS LLC
    4. Flyin.com
    5. Houseoftours.com
    6. Seera Group
    7. Omeir Travel Agency LLC
    8. Al Badie Group
    9. Arabian Oryx Travel & Tourism LLC
    10. STBE Plus (Sharaf Travel)

·  GCC Outbound Travel and Tourism Market, 2023-2037

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. GCC Outbound Travel and Tourism Market Outlook & Projections, Opportunity Assessment by Segment
    1. By Duration
      1. Less than 7 days, Market Value (USD Million), CAGR, 2023-2037F
      2. 7-30 days, Market Value (USD Million), CAGR, 2023-2036F
      3. 1-6 Months, Market Value (USD Million), CAGR, 2023-2036F
      4. More than 6 Months, Market Value (USD Million), CAGR, 2023-2036F
    2. By Tourism Type
      1. Leisure, Market Value (USD Million), CAGR, 2023-2036F
      2. Religious, Market Value (USD Million), CAGR, 2023-2036F
      3. Cultural tourism, Market Value (USD Million), CAGR, 2023-2036F
      4. Medical tourism, Market Value (USD Million), CAGR, 2023-2036F
      5. Sports & Adventure, Market Value (USD Million), CAGR, 2023-2036F
      6. MICE Tourism, Market Value (USD Million), CAGR, 2023-2036F
      7. Others, Market Value (USD Million), CAGR, 2023-2036F
    3. By Age Group
      1. Generation Z, Market Value (USD Million), CAGR, 2023-2036F
      2. Millennials, Market Value (USD Million), CAGR, 2023-2036F
      3. Generation X, Market Value (USD Million), CAGR, 2023-2036F
      4. Baby boomers, Market Value (USD Million), CAGR, 2023-2036F
    4. By Booking Method
      1. Online, Market Value (USD Million), CAGR, 2023-2036F
      2. Offline, Market Value (USD Million), CAGR, 2023-2036F
      3. Travel agency outlets, Market Value (USD Million), CAGR, 2023-2036F
      4. Airlines, Market Value (USD Million), CAGR, 2023-2036F
      5. Others, Market Value (USD Million), CAGR, 2023-2036F
    5. By Traveler Type
      1. Solo, Market Value (USD Million), CAGR, 2023-2036F
      2. Friends/Group, Market Value (USD Million), CAGR, 2023-2036F
      3. Couple, Market Value (USD Million), CAGR, 2023-2036F
      4. Family, Market Value (USD Million), CAGR, 2023-2036F
    6. By Spending Type
      1. Air tickets, Market Value (USD Million), CAGR, 2023-2036F
      2. Hotels, Market Value (USD Million), CAGR, 2023-2036F
      3. Insurance, Market Value (USD Million), CAGR, 2023-2036F
      4. Others, Market Value (USD Million), CAGR, 2023-2036F
    7. By Region
      1. Market Overview
      2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
        1. Bahrain, Market Value (USD Million), CAGR, 2023-2036F
        2. Kuwait, Market Value (USD Million), CAGR, 2023-2036F
        3. Oman, Market Value (USD Million), CAGR, 2023-2036F
        4. Qatar, Market Value (USD Million), CAGR, 2023-2036F
        5. Saudi Arabia, Market Value (USD Million), CAGR, 2023-2036F
        6. United Arab Emirates, Market Value (USD Million), CAGR, 2023-2036F

·  Bahrain Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. Bahrain Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
      1. Less than 7 days, Market Value (USD Million), CAGR, 2023-2036F
      2. 7-30 days, Market Value (USD Million), CAGR, 2023-2036F
      3. 1-6 months, Market Value (USD Million), CAGR, 2023-2036F
      4. More than 6 Months, Market Value (USD Million), CAGR, 2023-2036F
    2. By Tourism Type
      1. Leisure, Market Value (USD Million), CAGR, 2023-2036F
      2. Religious, Market Value (USD Million), CAGR, 2023-2036F
      3. Cultural tourism, Market Value (USD Million), CAGR, 2023-2036F
      4. Medical tourism, Market Value (USD Million), CAGR, 2023-2036F
      5. Sports & Adventure, Market Value (USD Million), CAGR, 2023-2036F
      6. MICE tourism, Market Value (USD Million), CAGR, 2023-2036F
      7. Others, Market Value (USD Million), CAGR, 2023-2036F
    3. By Age Group
      1. Generation Z, Market Value (USD Million), CAGR, 2023-2036F
      2. Millennials, Market Value (USD Million), CAGR, 2023-2036F
      3. Generation X, Market Value (USD Million), CAGR, 2023-2036F
      4. Baby boomers, Market Value (USD Million), CAGR, 2023-2036F
    4. By Booking Method
      1. Online, Market Value (USD Million), CAGR, 2023-2036F
      2. Offline, Market Value (USD Million), CAGR, 2023-2036F
      3. Travel agency outlets, Market Value (USD Million), CAGR, 2023-2036F
      4. Airlines, Market Value (USD Million), CAGR, 2023-2036F
      5. Others, Market Value (USD Million), CAGR, 2023-2036F
    5. By Traveler Type
      1. Solo, Market Value (USD Million), CAGR, 2023-2036F
      2. Friends/Group, Market Value (USD Million), CAGR, 2023-2036F
      3. Couple, Market Value (USD Million), CAGR, 2023-2036F
      4. Family, Market Value (USD Million), CAGR, 2023-2036F
    6. By Spending Type
      1. Air tickets, Market Value (USD Million), CAGR, 2023-2036F
      2. Hotels, Market Value (USD Million), CAGR, 2023-2036F
      3. Insurance, Market Value (USD Million), CAGR, 2023-2036F
      4. Others, Market Value (USD Million), CAGR, 2023-2036F

·  Kuwait Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. Kuwait Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
    2. By Tourism Type
    3. By Age Group
    4. By Booking Method
    5. By Traveler Type
    6. By Spending Type

·  Oman Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. Oman Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
    2. By Tourism Type
    3. By Age Group
    4. By Booking Method
    5. By Traveler Type
    6. By Spending Type

·  Qatar Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. Qatar Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
    2. By Tourism Type
    3. By Age Group
    4. By Booking Method
    5. By Traveler Type
    6. By Spending Type

·  Saudi Arabia Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. Saudi Arabia Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
    2. By Tourism Type
    3. By Age Group
    4. By Booking Method
    5. By Traveler Type
    6. By Spending Type

·  UAE Outbound Travel and Tourism Market, 2023-2036

  1. Market Overview
  2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
  3. UAE Outbound Travel and Tourism Market Valuation, Business Viewpoint and Forecast by Segment
    1. By Duration
    2. By Tourism Type
    3. By Age Group
    4. By Booking Method
    5. By Traveler Type
    6. By Spending Type

GCC Outbound Travel & Tourism Market Analysis

The GCC outbound travel & tourism market is also segmented and analyzed for demand and supply by tourism type into leisure, religious, cultural tourism, medical tourism, sports & adventure, mice, and others. Amongst these seven segments, the leisure segment is expected to garner significant market revenue by 2037. The segment growth is expected on the account of higher expenditure by people on leisure activities during their holiday trips. The total spending on leisure activities by people of UAE in their trips was around USD 40,000 million and 16,000 million in the year 2019 and 2020, respectively. On the other hand, the rising need for people to take international trips with a motivation of leisure is projected to boost the segment growth. A leisure trip is a visit that has a specific goal and motivation. The main reason people take trips outside of their normal environment is for relaxing, seeing new places, having recreation, having a change from monotonous routine, and other. According to UNWTO, 70% of GCC people took international trips for seeing new places, 66% of people wanted to de-stress and relax and around 52% took a trip to abroad for having a break from their routine.

The GCC outbound travel & tourism market is segmented and analyzed for demand and supply by spending type into air tickets, hotels, insurance, and others. Out of all types of spending, the air tickets segment is expected to grow at a healthy rate till 2037. The growth of the segment can be attributed to the higher number of people travelling by airplane. According to the World Bank data, 1,451.36 thousand and 1,823.59 thousand people in Bahrain and Kuwait respectively traveled by air in 2020. Furthermore, Emirates Airlines carried over 50 million passengers prior to the COVID-19 pandemic.

Our in-depth analysis of the global GCC outbound travel & tourism market includes the following segments:

               By Duration
  • Less than 7 Days
  • 7-30 Days
  • 1-6 Months
  • More than 6 Months

               By Tourism Type
  • Leisure
  • Religious
  • Cultural Tourism
  • Medical Tourism
  • Sports & Adventure
  • Mice
  • Others

                By Age Group
  • Generation Z
  • Millennials
  • Generation X
  • Baby Boomers

              By Booking Method
  • Online
  • Offline
    • Travel Agency Outlet
    • Airlines
    • Others

              By Traveler Type
  • Solo
  • Friends/Group
  • Couple
  • Family

             By Spending Type
  • Air Tickets
  • Hotel
  • Insurance
  • Others 
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Browse Key Market Insights with Data Illustration:

Author Credits:  Parul Atri


  • Report ID: 3200
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of bio-solvents is assessed at USD 81.05 billion.

The GCC outbound travel & tourism market size was over USD 76.4 billion in 2024 and is anticipated to cross USD 197.99 billion by 2037, witnessing more than 7.6% CAGR during the forecast period i.e., between 2025-2037. Increasing number of outbound tourists, a rise in international trade, an increase in tourism spending, and a growing network of airlines will drive the market growth.

UAE industry is expected to account for largest revenue share of NA% by 2037, attributed to rising expenditure on tour and travels followed by higher outbound travel.

The major players in the market are Houseoftours.com, Dadabhai Travel LLC, dnata Travel Group, Saudi Ebreez Company, Travelex Travels & Tours LLC, Seera Group, Omeir Travel Agency LLC, AL Badie Group, Arabian Oryx Travel and Tourism LLC, STBE Plus
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