- by travelandtourworld
- 01 Nov 2024
Tourism Source Market Expected to Drive a Remarkable Growth to $1.1 Trillion by 2032: Analyzing Size, Share, Trends, and Market Dynamics
The global tourism source market, which includes all travel for leisure, business, and cultural experiences, was valued at $599.4 billion in 2022. Forecasted to grow at a CAGR of 6.6%, it’s projected to hit $1.1 trillion by 2032. According to the report, group travel dominated this market segment and is expected to continue as a preferred choice among tourists in the coming years.
- by travelandtourworld
- 01 Nov 2024
- in travel
1.0 k views
The global tourism source market, which includes all travel for leisure, business, and cultural experiences, was valued at $599.4 billion in 2022. Forecasted to grow at a CAGR of 6.6%, itâÃâ¬Ãâ¢s projected to hit $1.1 trillion by 2032. According to the report, group travel dominated this market segment and is expected to continue as a preferred choice among tourists in the coming years.
Tourism encompasses a wide range of activities, from leisure travel and adventure tourism to eco-tourism and cultural immersion. The latest data highlights several popular trends:
Download the Full Report to explore how the market is segmented across tourist types, booking channels, and geographic regions, including North America, Europe, Asia-Pacific, and LAMEA.
The tourism source market is divided into key segments:
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