Tourism Industry to make USD 11,382, Billion by 2025, total global investment to swell to 1,336 Billion by 2025

Home » Press Details » Tourism Industry To Make Usd 11382 Billion By 2025 Total Global Investment To Swell To 1336 Billion By 2025

Tourism Industry to make USD 11,382, Billion by 2025, total global investment to swell to 1,336 Billion by 2025

icon

Research Nester has recently announced its latest research on “Tourism Industry : Global Demand Analysis & Opportunity Outlook 2023”, after studying the market situation and anticipating the future trends, the research provides a concrete platform for the existing and new players looking to enter into the market. The study provides information about market scenario of forecast period by analyzing the current situation.

The global travel and tourism industry was valued at USD 7,581 Billion in 2014 (10.0% of GDP) and was forecasted to grow by 3.8% in 2015. The global tourism industry is further envisioned to witness a year-on-year (Y-O-Y) growth rate of 3.9% and reach USD 11,382 Billion (10.6% of GDP) by 2025.

The revenue generated from visitor exports is also projected to upsurge from USD 1,384 Billion in 2014 to USD 2,141 Billion in 2025, exhibiting a CAGR of 4.0%.

Total investment on global travel and tourism sector is anticipated to swell from USD 814 Billion in 2014 at a year-on-year (Y-O-Y) growth rate of 4.7% to reach USD 1,336 Billion in 2025.

Europe tourism industry is the largest in the world accounting for 51% of share in 2015.    Europe tourism industry is spiked by increase in number of international tourists in France, Spain, Italy, Germany and the U.K.  The revenue generated from tourist travel in the U.K. accounted for USD 142.0 Billion in 2015.

North America travel and tourism industry accounted for USD 1,412 Billion in 2015.

With USD 1,218 Billion of revenues in 2015, the U.S. is the largest travel and tourism market in North America followed by Canada with USD 98.2 Billion. The U.S. tourism market is further anticipated to witness a CAGR of 4.5% and reach at USD 1,515 Billion in 2020.

To know more about this research, kindly visit http://www.researchnester.com/reports/global-tourism-industry-market-analysis-opportunity-outlook-2021/109

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
Phone : +91 958 228 3827, +91 120 660 5495
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2017 Research Nester. All rights reserved

Top