Global Luxury Travel Market 2021-2025

Global Luxury Travel Market 2021-2025
Researcher has been monitoring the luxury travel market and it is poised to grow by $ 1,232.77 bn during 2021-2025, decelerating at a CAGR of 26% during the forecast period. Our report on luxury travel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing disposable incomes, advances in technology, and growing digital connectivity. In addition, increasing disposable incomes is anticipated to boost the growth of the market as well.
The luxury travel market analysis includes type segment, consumer segment and geographical landscapes.
Researcher's luxury travel market is segmented as below:

By Type

• Adventure
• Personalized
• Cruising and yachting
• Culinary
• Others
By Geographical Landscapes
• Europe
• North America
• APAC
• MEA
• South America
By Consumer
• Domestic
• International
This study identifies the trending sports tourism as one of the prime reasons driving the luxury travel market growth during the next few years. Also, growing demand for multigenerational and micro trips, and higher acceptance of online travel agencies will lead to sizable demand in the market.
"Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on luxury travel market covers the following areas:
• Luxury travel market sizing
• Luxury travel market forecast
• Luxury travel market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury travel market vendors that include Abercrombie & Kent USA LLC, Absolute Travel Inc., Butterfield & Robinson Inc., Classic Journeys, Cox & Kings Ltd., Indigenous Tourism BC, Odyssey World, Responsible Travel, Scott Dunn, and Travelopia. Also, the luxury travel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.