The Europe Luxury Travel Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Peer reviews, 360-degree video tours, as well as clear price comparisons are all provided by these sites, helping passengers plan and book their vacations online. Together with the growing internet penetration, this is giving the businesses a profit outlook and giving them the chance to grow.
The demand for luxury adventure tourism is rising globally as a result of key industry participants collaborating with marketing companies to attract high-value clientele through online marketing. Government agencies in several countries are also promoting tourism activities since it creates job opportunities and benefits local development. It is believed that this would increase adventure tourism's attractiveness on a worldwide scale.
The surge in the number of travelers choosing unusual and exotic vacation spots to escape their busy everyday lives and gain worthwhile experiences might be ascribed to the culinary tourism expansion. Most people choose their travel destination based on private, quiet, tranquil, and exotic regions with strong food culture. Travelers have chosen as their top preferences regions with a wide choice of tasty foods and beverages.
The nations of Europe are crowded onto a relatively small continent. 26 European nations have joined together under the Schengen Agreement to facilitate borderless travel for citizens and visitors. Some countries in the reg do not require a visa to visit these countries, whereas others do. People who are traveling between these nations only need the Schengen visa if they are from a country that requires a visa to enter the Schengen Area. This is further rising the number of visitors in the region.
The Germany market dominated the Europe Luxury Travel Market by Country in 2021; thereby, achieving a market value of $115.5 Billion by 2028. The UK market is exhibiting a CAGR of 4.2% during (2022 - 2028). Additionally, The France market is expected to witness a CAGR of 5.8% during (2022 - 2028).
Based on Tour, the market is segmented into Safari & Adventure, Celebration Journeys, Culinary Travel & Shopping, Cruises, Yachting, & Small Ship Expeditions, Customized & Private Vacations and Others. Based on Age Group, the market is segmented into Baby Boomers, Generation X, Millennial and Silver Hair. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Luxury Travel Market will Hit $1,574 Billion by 2028, at a CAGR of 6.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TUI Group, Lindblad Expeditions Holdings, Inc., Thomas Cook (India) Limited (Fairfax Financial Holdings Limited), Scott Dunn, Abercrombie & Kent USA, LLC, Exodus Travels Limited, Travel Edge, Inc. (Navigatr Group), Butterfield & Robinson, Inc., Geographic Expeditions, Inc. and Micato Safaris.
Scope of the Study
Market Segments Covered in the Report:
By Tour
- Safari & Adventure
- Celebration Journeys
- Culinary Travel & Shopping
- Cruises, Yachting, & Small Ship Expeditions
- Customized & Private Vacations
- Others
By Age Group
- Baby Boomers
- Generation X
- Millennial
- Silver Hair
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- TUI Group
- Lindblad Expeditions Holdings, Inc.
- Thomas Cook (India) Limited (Fairfax Financial Holdings Limited)
- Scott Dunn
- Abercrombie & Kent USA, LLC
- Exodus Travels Limited
- Travel Edge, Inc. (Navigatr Group)
- Butterfield & Robinson, Inc.
- Geographic Expeditions, Inc.
- Micato Safaris
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Luxury Travel Market, by Tour
1.4.2 Europe Luxury Travel Market, by Age Group
1.4.3 Europe Luxury Travel Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.1.4 Geographical Expansions
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Aug – 2022, Sep) Leading Players
Chapter 4. Europe Luxury Travel Market by Tour
4.1 Europe Safari & Adventure Market by Country
4.2 Europe Celebration Journeys Market by Country
4.3 Europe Culinary Travel & Shopping Market by Country
4.4 Europe Cruises, Yachting, & Small Ship Expeditions Market by Country
4.5 Europe Customized & Private Vacations Market by Country
4.6 Europe Others Market by Country
Chapter 5. Europe Luxury Travel Market by Age Group
5.1 Europe Baby Boomers Market by Country
5.2 Europe Generation X Market by Country
5.3 Europe Millennial Market by Country
5.4 Europe Silver Hair Market by Country
Chapter 6. Europe Luxury Travel Market by Country
6.1 Germany Luxury Travel Market
6.1.1 Germany Luxury Travel Market by Tour
6.1.2 Germany Luxury Travel Market by Age Group
6.2 UK Luxury Travel Market
6.2.1 UK Luxury Travel Market by Tour
6.2.2 UK Luxury Travel Market by Age Group
6.3 France Luxury Travel Market
6.3.1 France Luxury Travel Market by Tour
6.3.2 France Luxury Travel Market by Age Group
6.4 Russia Luxury Travel Market
6.4.1 Russia Luxury Travel Market by Tour
6.4.2 Russia Luxury Travel Market by Age Group
6.5 Spain Luxury Travel Market
6.5.1 Spain Luxury Travel Market by Tour
6.5.2 Spain Luxury Travel Market by Age Group
6.6 Italy Luxury Travel Market
6.6.1 Italy Luxury Travel Market by Tour
6.6.2 Italy Luxury Travel Market by Age Group
6.7 Rest of Europe Luxury Travel Market
6.7.1 Rest of Europe Luxury Travel Market by Tour
6.7.2 Rest of Europe Luxury Travel Market by Age Group
Chapter 7. Company Profiles
7.1 TUI Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Geographical Expansions:
7.2 Lindblad Expeditions Holdings, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.4.2 Acquisition and Mergers:
7.3 Thomas Cook (India) Limited (Fairfax Financial Holdings Limited)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.4 Scott Dunn
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Acquisition and Mergers:
7.5 Abercrombie & Kent USA, LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Acquisitions and Mergers:
7.6 Exodus Travels Limited
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Acquisition and Mergers:
7.7 Travel Edge, Inc. (Navigatr Group)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.8 Butterfield & Robinson, Inc.
7.8.1 Company Overview
7.9 Geographic Expeditions, Inc.
7.9.1 Company Overview
7.10. Micato Safaris
7.10.1 Company Overview
TABLE 1 Europe Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 2 Europe Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 3 Partnerships, Collaborations and Agreements– Luxury Travel Market
TABLE 4 Product Launches And Product Expansions– Luxury Travel Market
TABLE 5 Acquisition and Mergers– Luxury Travel Market
TABLE 6 Geographical Expansions – Luxury Travel Market
TABLE 7 Europe Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 8 Europe Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 9 Europe Safari & Adventure Market by Country, 2018 - 2021, USD Billion
TABLE 10 Europe Safari & Adventure Market by Country, 2022 - 2028, USD Billion
TABLE 11 Europe Celebration Journeys Market by Country, 2018 - 2021, USD Billion
TABLE 12 Europe Celebration Journeys Market by Country, 2022 - 2028, USD Billion
TABLE 13 Europe Culinary Travel & Shopping Market by Country, 2018 - 2021, USD Billion
TABLE 14 Europe Culinary Travel & Shopping Market by Country, 2022 - 2028, USD Billion
TABLE 15 Europe Cruises, Yachting, & Small Ship Expeditions Market by Country, 2018 - 2021, USD Billion
TABLE 16 Europe Cruises, Yachting, & Small Ship Expeditions Market by Country, 2022 - 2028, USD Billion
TABLE 17 Europe Customized & Private Vacations Market by Country, 2018 - 2021, USD Billion
TABLE 18 Europe Customized & Private Vacations Market by Country, 2022 - 2028, USD Billion
TABLE 19 Europe Others Market by Country, 2018 - 2021, USD Billion
TABLE 20 Europe Others Market by Country, 2022 - 2028, USD Billion
TABLE 21 Europe Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 22 Europe Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 23 Europe Baby Boomers Market by Country, 2018 - 2021, USD Billion
TABLE 24 Europe Baby Boomers Market by Country, 2022 - 2028, USD Billion
TABLE 25 Europe Generation X Market by Country, 2018 - 2021, USD Billion
TABLE 26 Europe Generation X Market by Country, 2022 - 2028, USD Billion
TABLE 27 Europe Millennial Market by Country, 2018 - 2021, USD Billion
TABLE 28 Europe Millennial Market by Country, 2022 - 2028, USD Billion
TABLE 29 Europe Silver Hair Market by Country, 2018 - 2021, USD Billion
TABLE 30 Europe Silver Hair Market by Country, 2022 - 2028, USD Billion
TABLE 31 Europe Luxury Travel Market by Country, 2018 - 2021, USD Billion
TABLE 32 Europe Luxury Travel Market by Country, 2022 - 2028, USD Billion
TABLE 33 Germany Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 34 Germany Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 35 Germany Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 36 Germany Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 37 Germany Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 38 Germany Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 39 UK Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 40 UK Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 41 UK Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 42 UK Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 43 UK Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 44 UK Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 45 France Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 46 France Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 47 France Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 48 France Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 49 France Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 50 France Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 51 Russia Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 52 Russia Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 53 Russia Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 54 Russia Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 55 Russia Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 56 Russia Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 57 Spain Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 58 Spain Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 59 Spain Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 60 Spain Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 61 Spain Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 62 Spain Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 63 Italy Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 64 Italy Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 65 Italy Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 66 Italy Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 67 Italy Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 68 Italy Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 69 Rest of Europe Luxury Travel Market, 2018 - 2021, USD Billion
TABLE 70 Rest of Europe Luxury Travel Market, 2022 - 2028, USD Billion
TABLE 71 Rest of Europe Luxury Travel Market by Tour, 2018 - 2021, USD Billion
TABLE 72 Rest of Europe Luxury Travel Market by Tour, 2022 - 2028, USD Billion
TABLE 73 Rest of Europe Luxury Travel Market by Age Group, 2018 - 2021, USD Billion
TABLE 74 Rest of Europe Luxury Travel Market by Age Group, 2022 - 2028, USD Billion
TABLE 75 Key Information – TUI Group
TABLE 76 Key Information – Lindblad Expeditions Holdings, Inc.
TABLE 77 Key Information – THOMAS COOK (INDIA) LIMITed
TABLE 78 Key Information – Scott Dunn
TABLE 79 Key Information – Abercrombie & Kent USA, LLC
TABLE 80 Key Information – Exodus Travels Limited
TABLE 81 Key Information – Travel Edge, Inc.
TABLE 82 Key Information – Butterfield & Robinson, Inc.
TABLE 83 Key Information – Geographic Expeditions, Inc.
TABLE 84 Key Information – Micato safaris
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Aug – 2022, Sep) Leading Players
FIG 4 Recent strategies and developments: TUI Group
FIG 5 Recent strategies and developments: Lindblad Expeditions Holdings, Inc.
FIG 6 Recent strategies and developments: Scott Dunn
FIG 7 Recent strategies and developments: Abercrombie & Kent USA, LLC
FIG 8 Recent strategies and developments: Exodus Travels Limited