The Travel Agency and Tour Operator Activities sector in Brazil is projected to experience steady growth from 2024 to 2028. Starting at 12.71 billion Brazilian Reals in 2024, the production is expected to increase incrementally each year, reaching 14.37 billion in 2028. This reflects consistent year-on-year growth rates: 3.38% from 2024 to 2025, 3.20% from 2025 to 2026, 3.02% from 2026 to 2027, and 2.86% from 2027 to 2028. As of 2023, the actual production stood at an estimated 12.30 billion Brazilian Reals, indicating a strong upward trajectory with a 5-year CAGR of approximately 3.19%.

Trends to watch for:

Increased digital transformation in booking and customer service could drive efficiency and growth.
Potential impacts from fluctuating travel restrictions or economic conditions should be monitored.
Sustainability and eco-tourism may become more significant as consumers become more environmentally conscious.