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Global Tourism: Market Research Report

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

Global Tourism Market Research Report | Sep 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Tourism global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report focuses on industry performance in key regions around the world and identifies the leading companies globally.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$1tr
Annual Growth 09-14
5.2%
Annual Growth 14-19
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Profit
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Employment ('000)
56,077
Businesses
1,687,454
Industry Analysis & Industry Trends

The Global Tourism industry is undergoing rapid recovery following a difficult period during the recession. International tourist arrivals continue to grow as global per capita income increases and consumer sentiment improves. Over the past five years, tourists going emerging economies, particularly counties in Asia and South America, have driven the industry's growth. Emerging economies now account for a much larger share of the tourism industry compared with a decade ago. Over the five years to 2019, the industry is expected to continue growing as the global economy continues to strengthen... read more

Industry SWOT Analysis

The Global Tourism industry is in a long term growth phase. Over the ten years to 2019, industry value added, which measures an industry's contribution to the overall global economy, is expected to increase at an annualized 6.4%. This is faster than annualized global GDP growth of 3.6%. Over the long term, the industry is expected to outperform the global economy.

The industry has experienced continuing strong growth since at least the late 1980s. In some years in the early 2000s industry revenue grew at rates of well over 10.0%. When the global economy entered a recession in 2009, industry revenue declined heavily as international travel was one of the first expenses cut by nervous consumers... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Tourism Industry?

This report catalogues the short-term movement of international tourists across national borders for any purpose, including leisure, business, conference or seminar and visiting friends and relatives. In most cases the data represents travel across borders, with at least one night's stay in a foreign country. However, in some countries same-day trips across international borders are still counted as international trips.

Industry Products
Traveler accommodationsAir transportation Travel arrangement and reservationsFood and beverage establishmentsOther transport, including car rentalGasolineRecreation and entertainmentOther retail activities
 
Industry Activities
Traveler accommodation servicesAirline operationProviding hospitality services to international touristsAutomotive rentalTravel agent and tour arrangement services


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