1. Market Research
  2. > Tourism and Leisure
  3. > Tourism Market Trends
  4. > Market Insights; India: Source Market Report

Market Insights; India: Source Market Report

  • February 2015
  • -
  • GlobalData
  • -
  • 17 pages

Summary
Market Insights; Indian Source Market Report provides an overview of the India outbound market, analyzing market data and providing insights. This report provides a better understanding of the number of tourists departing from India, where they are staying, their spending habits and future developments on the Indian tourist industry.

Key Findings
- Indians made over 18 million outbound trips in 2014, an increase on the 16 million trips made in 2013. Barely 2% of India's population currently travel overseas but over the past five years the country's middle classes have increased by over 10%. This demographic is set to grow from 32% at present to 50% by 2030, making it a major source market with tourism boards vying to tap into this potential tourist goldmine

- India is expected to increase its business travel and tourism following the election of Narendra Modi's Bharatiya Janata Party (BJP) pro-business government in May 2014. However, outbound tourism will be challenged by the domestic tourism industry, which is expected to experience a surge in business confidence, shown by its average of 9% annually over the historic period

- Indian travelers characteristically have been avid business travelers with 40% of all departures accounted for by business trips. While most of this MICE tourism has been consistently to the Asia-Pacific region, TTIC expects that changing trends in India's economy will spur a rise in leisure and VFR travel to the Middle East and Europe over the forecast period

- Key destinations include Thailand and UAE, as well as increasing visitors to the US. Although outbound tourism is growing, domestic investment could threaten the dominance of international trips.

Synopsis
- The report provides detailed market analysis, information, and insights, including:

- Historic and forecast tourist volumes covering the Indian outbound tourism sector

- Detailed analysis of tourist spending patterns for various categories in the travel and tourism sector, such as purpose of spending and top source markets.

- Detailed analysis of the market trends in Indian outbound tourism sector

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to the Indian outbound market

- Understand the key market trends and growth opportunities in the Indian outbound tourism sector, along with key trends and grow opportunities

Table Of Contents

Market Insights; India: Source Market Report
Table of Contents
Snapshot
Outbound Spending
Length of Trip
Domestic Tourism
Mode of Transport
Main Destination Markets
Destination Focus; Thailand
Destination Focus; United Arab Emirates
Destination Focus; United States
Market Data

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

  • $ 14995
  • Industry report
  • October 2016
  • by Global Data

Summary Tourism Demand (Factors that influence time and money spent on tourism. Typical factors include the number of holiday days available to an employee in their country and mean household income) and ...

Airline Traffic Monitoring - Enhanced Monthly Statistics

Airline Traffic Monitoring - Enhanced Monthly Statistics

  • $ 9600
  • Industry report
  • February 2017
  • by IATA

IATA offers you the timeliest reports for airline traffic monitoring, representing the entire industry and all regions. Monthly Statistics cover traffic figures for both passenger and cargo carriers, and ...

Europe Hotels Market Analytics to 2020: Rooms and Revenue Analytics

Europe Hotels Market Analytics to 2020: Rooms and Revenue Analytics

  • $ 7995
  • Industry report
  • October 2016
  • by Global Data

Summary Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to ...


Download Unlimited Documents from Trusted Public Sources

Low Cost Airline Industry in Europe

  • February 2017
    56 pages
  • Air Transport  

    Low Cost Airlin...  

    Airline  

  • Europe  

    World  

View report >

Travel Services Markets

  • February 2017
    10 pages
  • Travel Services  

    Travel  

  • Australia  

    United States  

    Europe  

View report >

Global Ecotourism and Tourism Trade

  • February 2017
    3 pages
  • Ecotourism  

    Tourism  

  • World  

View report >

Rail Markets In The Uk

34 hours ago

Airline Industry

1 day ago

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.