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India Outbound Tourism Market<br />

www.renub.com<br />

India Outbound Tourism Market


India Outbound Tourism Market<br />

www.renub.com<br />

Report Description and Highlights<br />

Analyst View:<br />

Indian Outbound Tourism Market is expected to surpass US$ 42 Billion by the end of year<br />

2024. India is second largest most populous country in the world with the tag of fastest growing<br />

major economy globally. Due to this economic growth, its people are earning more year on year<br />

and their disposable income is also growing. Air connectivity from India to foreign locations has<br />

also improved significantly over period of time.<br />

Renub Research report entitled “India Outbound Tourism Market, Tourists Purpose of<br />

Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending,<br />

Countries (Hong Kong, Japan, Singapore, United States, United Kingdom, Thailand,<br />

Australia, Canada, South Africa, China, South Korea) & Forecast” is the 4th edition report<br />

on the fast-evolving, high-growth India Outbound Travel Industry.<br />

Read more here:<br />

https://www.renub.com/<strong>india</strong>-<strong>outbound</strong>-<strong>tourism</strong>-<strong>market</strong>-<strong>outbound</strong>-tourists-visit-touristsspending-and-forecast-to-2020-15-p.php


Thailand, Singapore and United States are the most<br />

favorite Tourist Destination for Indians<br />

Thailand, Singapore and United States are the most favorite Tourist Destination for<br />

Indians<br />

In this report, we have done comprehensive analysis and studied the number of separate<br />

factors that affects Indian <strong>outbound</strong> tourist to each of 11 destinations. In addition, we have done<br />

detailed analysis of growth drivers.<br />

Number of Indian Business Tourists visited Japan is bigger than Holiday Tourists<br />

Number<br />

According to Renub Research analysis, the number of business tourist from India visited Japan<br />

is larger than the number of holiday tourist. Indian <strong>outbound</strong> business tourist to China is also<br />

showing positive trend and will be continue in forecast period of time. Indian tourists visit to<br />

Thailand in huge numbers because of its affordability and proximity. Thailand currency (Thai<br />

Baht) gaining the benefit of <strong>tourism</strong> arrival due to strong position against Dollar and Euro.<br />

We recommend India Outbound Tourism Market report as must-read for Travel & Tour stake<br />

holders, Hotel Industry, Tourism Ministry, Consulting firms, Private Equity firms, Venture Capital<br />

firms etc.<br />

India Outbound Tourism Market<br />

www.renub.com


Forecast for India Outbound Tourists Share<br />

Forecast for India Outbound Tourists Share by Purpose (Percent %), 2018– 2024<br />

100%<br />

90%<br />

80%<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

2018 2019 2020 2021 2022 2023 2024<br />

Holiday VFR Business Others<br />

Source: Renub Research Analysis<br />

Note: These are dummy figures; actual data given in the report<br />

India Outbound Tourism Market<br />

www.renub.com


All the top 11 countries in the report has been studied<br />

from 5 view points.<br />

United States is Prime Destination for Higher Spending<br />

United States is prime destination for Indian <strong>outbound</strong> travelers in the world. Around more than<br />

1/3rd the total worldwide expenditure by Indian tourist is spent in United States alone. United<br />

States is popular destination for the entire segment like holiday, VFR, Business and Others.<br />

This <strong>market</strong> research report provides a complete analysis of top 11 countries of<br />

India <strong>outbound</strong> <strong>tourism</strong> <strong>market</strong>. All the country in the report has been studied from 5<br />

view points<br />

1) India Outbound Tourists Numbers<br />

2) India Outbound Tourists Market (Spending)<br />

3) India Outbound Tourists Tourism Types (Business, Holiday/Leisure, VFR & Others)<br />

4) India Outbound Tourism Types Market (Business, Holiday/Leisure, VFR & Others)<br />

5) Growth Drivers and Challenges Analysis<br />

Want more Information about this <strong>market</strong>? Request a free sample copy:<br />

https://www.renub.com/contactus.php<br />

India Outbound Tourism Market<br />

www.renub.com


Forecast for India Outbound Tourists Market Share<br />

Forecast for India Outbound Tourists Share by Country (Percent), 2018 – 2024<br />

Country 2018 2019 2020 2021 2022 2023 2024<br />

United Kingdom XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

USA XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Canada XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

South Korea XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Singapore XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Thailand XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Japan XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Hongkong XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

China XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Australia XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

South Africa XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

ROW XXXX XXXX XXXX XXXX XXXX XXXX XXXX<br />

Source: Renub Research Analysis<br />

Note: These are dummy figures; actual data given in the report<br />

India Outbound Tourism Market<br />

www.renub.com


Top 11 Countries covered in this report<br />

Top 11 Countries Analyzed:<br />

1. Singapore 2. Thailand<br />

3. United States 4. Hong Kong<br />

5. United Kingdom 6. Australia<br />

7. China 8. Canada<br />

9. Japan 10. South Africa<br />

11. South Korea<br />

Browse Related Report :<br />

Online Travel Market<br />

China Outbound Tourism Market<br />

Contact Us<br />

Tel: +1-678-302-0700 (US), +91-120-421-9822 (INDIA)<br />

Email: info@renub.com<br />

India Outbound Tourism Market<br />

www.renub.com

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