Travel Agencies in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Travel Agencies Market Research Report | Jan 2016

The Travel Agencies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Along with the rapid development of China's economy, the tourism sector in China has experienced strong growth in recent years. As more people travel, demand for travel services increased. In the five years through 2016, revenue for the Travel Agencies industry in China has increased at an annualized rate of 12.6% to $80.0 billion. ACMR-IBISWorld forecasts that growth will increase by 7.7% annually over the next five years, as the government is emphasizing the strategic importance of tourism. In 2021, industry revenue is projected to reach $115.7 billion.

China has become the world's fourth most popular destination for international tourists and the most popular within Asia.... purchase to read more

Industry Report - Industry Products Chapter

Domestic travel services

Domestic travel services are the largest segment in the industry, accounting for 90.7% of revenue in 2016. Domestic travel agencies are only allowed to provide domestic tour services for local residents and their registered capital must be no less than RMB 300,000 ($44,000).

The share of this segment has increased since 2001 due to China's rapid economic development and the tourism sector's growth during these years. Demand for domestic travel increases as disposable income of domestic residents increases... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Travel Agencies Industry?

Firms in the Travel Agencies industry in China mainly provide travel services for businesses, groups and individuals. These services include consultation, travel planning and proposals, scheduling, accommodation and transportation. These services are primarily provided by domestic travel agencies and international travel agencies based in China. This industry does not include tour guide services provided by operators at the actual location, nor agencies selling only air or rail tickets.

Industry Products
Domestic travel agency servicesInternational travel agency services
Industry Activities
International travel servicesDomestic travel servicesTourist guide service

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