Global Outbound Tourism Market – Overview
It is estimated for the global outbound tourism market to witness growth at a CAGR of 11.2% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 7.1% during the forecast period of 2018 to 2021. Outbound tourism has many positive economic impacts that reaches further than just the tourism industry. Outbound tourism can help to enhance the economies of many countries by providing economic boosts in a range of sectors such as retail, healthcare and education. Owing to these factors the market is witnessing growth at a stable rate during the forecast period.

Global Outbound Tourism Market – Growth Factors
The market for outbound tourism is witnessing growth at a decent rate owing to the increasing disposable income of the people around the globe. The market is also witnessing a boom owing to the decreasing rate of the aircrafts for travel and also owing to the easier visa facilities around the globe. Various countries offer on arrival visa and this factor is attracting a lot of tourism to those countries and this factor is estimated to boost the growth of the market during the forecast period. Apart from this, various countries are attracting tourists from all over the globe by indentifying various attractive schemes for the international tourists and this factor is also estimated to boost the growth of the market during the forecast period. However, some disturbing factors such as the war scenarios are estimated to hamper the growth of the market during the forecast period.

Global Outbound Tourism Market – Market Trends
• The market is witnessing a boom owing to the decreasing rate of the aircrafts for travel and also owing to the easier visa facilities around the globe.
• Various countries offer on arrival visa and this factor is attracting a lot of tourism to those countries and this factor is estimated to boost the growth of the market during the forecast period.
• Apart from this, various countries are attracting tourists from all over the globe by indentifying various attractive schemes for the international tourists and this factor is also estimated to boost the growth of the market during the forecast period.

Global Outbound Tourism Market – Segmentation
The global outbound tourism market is segmented based on purpose type, booking channel, tourist type, tourism type, tour type, consumer operation and by age group.

Based on the purpose type, the market is segmented into,
• Business
• Holiday/Leisure
• VFR & Others

Based on the booking channel type, the market is segmented into,
• Phone Booking
• Online Booking
• In Person Booking

Based on the tourist type, the market is segmented into,
• Domestic
• International

Based on the tourism type, the market is segmented into,
• Cultural & Heritage Tourism
• Medical Tourism
• Eco/Sustainable Tourism
• Sports Tourism
• Wellness Tourism & Others

Based on the tour type, the market is segmented into,
• Independent Traveller
• Package Traveller
• Tour Group

Based on the consumer type, the market is segmented into,
• Men
• Women

Based on the age group type, the market is segmented into,
• 15-25 Years
• 26-35 Years
• 36-45 Years
• 46-55 Years
• 66-75 Years

Global Outbound Tourism Market – Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.

Global Outbound Tourism Market – Key Market players
Orbit, Thomas Cook, SOTC Kuoni, Raj Travels, In Orbit Tours, Cox and Kings, TCI, Kesari, Riya Travels, Travelmart India, BTI Sita, Akbar Travels, Mercury Travels, BCD Travels, Amadeus, Kesari, and Gold Chip are the major players that are boosting the growth of the market during the forecast period.