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GCC Outbound Travel & Tourism Market Size

  • Report ID: 3200
  • Published Date: Jun 17, 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, 2023-2036

  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, 2023-2036F
      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
    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 Size

GCC Outbound Travel & Tourism Market size was over USD 70.46 Billion in 2023 and is set to cross USD 181.48 Billion by the end of 2036, witnessing more than 7.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of gcc outbound travel & tourism is estimated at USD 75.64 Billion. The growth of the market can be attributed to the higher expenditure by people on their international trips. Outbound tourism expenditure involves the tourist costs incurred by a local visitor traveling beyond the economy of reference. The average amount spent by Qataris and Kuwaitis while traveling abroad is USD 4,000 and USD 3000, respectively.

In addition to these, factors that are believed to fuel the market growth of GCC outbound tourism include the rising international tourist departures to a different part of the world. According to the UNWTO statistics, in the year 2020, 46 million people traveled out of GCC, furthermore, by 2030, the tourist departures are expected to reach 61 million. In all around the world, Europe is the most visited country by people of GCC, moreover, 7 out of 10 trips to Europe are with the family. In addition to this, rising trade through airways is expected to boost the GCC outbound travel & tourism market. Through increasing trade with different countries, the origin country gets the opportunity to improve the image of the nation in the outbound market. In the fiscal year 2022, Qatar Airways carried more than three million metric tonnes of cargo.

GCC-Outbound-Travel-&-Tourism-market
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Browse Key Market Insights with Data Illustration:

Author Credits:  Parul Atri


  • Report ID: 3200
  • Published Date: Jun 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of gcc outbound travel & tourism is estimated at USD 75.64 Billion.

The GCC outbound travel & tourism market size was over USD 70.46 Billion in 2023 and is set to cross USD 181.48 Billion by the end of 2036, witnessing more than 7.7% CAGR during the forecast period i.e., between 2024-2036. Increasing number of outbound tourists, a rise in international trade, an increase in tourism spending, and a growing network of airlines are the few factors that are likely to boost the market growth.

UAE is projected to grow substantially through 2036, attributed to the rising expenditure on tour and travels followed by higher outbound travel.

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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