Forecast: Travel Agency and Tour Operator Gross Value Added in France

In 2023, the Gross Value Added (GVA) of Travel Agencies and Tour Operators in France stood at 2.64 Billion Euros. The forecasted data from 2024 to 2028 show a consistent year-on-year growth. In 2024, the GVA is projected to be 2.69 Billion Euros, a 1.9% increase from 2023. This growth continues with a 1.86% increase in 2025, reaching 2.74 Billion Euros, followed by a 1.82% rise to 2.79 Billion Euros in 2026. The upward trend persists with a 2.15% increase in 2027 (2.85 Billion Euros) and a 1.75% increase in 2028, reaching 2.9 Billion Euros. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is approximately 1.94%.

Future trends to watch for:

  • Potential impacts of technological advancements on travel agencies' efficiency and customer experience.
  • The influence of geopolitical stability and economic factors on international travel demand.
  • Increasing consumer interest in sustainable and eco-friendly travel options.
  • Changes in consumer behavior post-pandemic affecting travel patterns and preferences.

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