Guides & E-book
Travel & Tourism Trends Analysis
Discover the secret to wanderlusting with this industry report on travel trends in India!
From purposeful travel to scenic road trips, seasonal fluctuations, and popular destinations, this report unlocks a wealth of insights to help brands and marketers cater to the needs and preferences of travelers in India.
With a sample size of over 80k unique users and Twitter buzz analysis from Sep 2021 – Aug 2022, this report is packed with exciting recommendations for long workations and quick weekend getaways.
Key Insights
Significant Market Growth: India’s travel and tourism market is projected to grow from an estimated $78 billion in 2023 to approximately $131 billion by 2030, indicating robust expansion.
Domestic Tourism Driving Recovery: In 2023, the sector’s contribution to India’s GDP reached over ₹19.13 trillion, surpassing pre-pandemic levels, with domestic tourism leading this resurgence.
Rise in Outbound Travel: India has emerged as the largest source market for outbound travelers in Asia, with a 190% year-on-year increase in 2022, surpassing countries like China, South Korea, and Japan.
Infrastructure Investments Fueling Growth: Significant investments, including a $12 billion allocation for airport development, are supporting the anticipated doubling of domestic air travel passengers to 300 million by 2030.
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