India's outbound tourism market is projected to reach USD 18817.72 million in 2024 and expand at 11.4% CAGR between 2024 and 2034.
The growth in the market is primarily attributed to the increasing desire of Indians, especially millennials, to visit international destinations. The market value is projected to reach USD 55388.41 million by 2034.
Key Market Drivers
Regions such as Europe and Latin America are improving tourism to enhance their businesses. This is considered to aid the growth of India's outbound tourism market over the forecast period. Several other reasons are also leading to the growth of India’s outbound tourism market:
Attributes | Key Statistics |
---|---|
Expected Base Year Value (2024) | USD 18817.72 million |
Anticipated Forecast Value (2034) | USD 55388.41 million |
Estimated Growth (2024 to 2034) | 11.40% CAGR |
The India outbound tourism market is anticipated to grow at a modest CAGR of 4.20% till 2034. This is attributed to several reasons:
Attributes | Details |
---|---|
Booking Channel | Online Booking |
Market Share | 45.70% |
The online booking category is projected to hold the largest share of the Indian outbound tourism market in 2024. This segment holds the dominant market share, accounting for 45.70% of India's global outbound tourism market.
Attributes | Details |
---|---|
Tour Type | Packaged Traveller |
Market Share | 39.20% |
The India outbound tourism market is also categorized by tour type into independent and package travelers. The packaged traveler segment dominates the market with a share of 39.20% in 2024.
The market for outbound tourism in India is very competitive and consists of numerous players fighting for their place there. Some of the most prominent companies in the market are Orbit, Thomas Cook, SOTC Kuoni, Raj Travels, In Orbit Tours, and Kesari.
These companies are expanding their customer base with attractive packages, customized tour trips, and services. These companies are also introducing all-inclusive luxury packages, such as The Grand Voyage by Thomas Cook India Limited, to a luxurious vacation experience with all amenities across various cities in India, starting from Mumbai to Delhi.
Recent Developments
Table 1: Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Market Value (US$ Million) Forecast by Purpose Type, 2019 to 2034
Table 3: Market Value (US$ Million) Forecast by Booking Channel, 2019 to 2034
Table 4: Market Value (US$ Million) Forecast by Tourist Type, 2019 to 2034
Table 5: Market Value (US$ Million) Forecast by Tourism Type, 2019 to 2034
Table 6: Market Value (US$ Million) Forecast by Tour Type, 2019 to 2034
Table 7: Market Value (US$ Million) Forecast by Consumer Orientation, 2019 to 2034
Table 8: Market Value (US$ Million) Forecast by Age Group, 2019 to 2034
Table 9: North Market Value (US$ Million) Forecast by Purpose Type, 2019 to 2034
Table 10: North Market Value (US$ Million) Forecast by Booking Channel, 2019 to 2034
Table 11: North Market Value (US$ Million) Forecast by Tourist Type, 2019 to 2034
Table 12: North Market Value (US$ Million) Forecast by Tourism Type, 2019 to 2034
Table 13: North Market Value (US$ Million) Forecast by Tour Type, 2019 to 2034
Table 14: North Market Value (US$ Million) Forecast by Consumer Orientation, 2019 to 2034
Table 15: North Market Value (US$ Million) Forecast by Age Group, 2019 to 2034
Table 16: East Market Value (US$ Million) Forecast by Purpose Type, 2019 to 2034
Table 17: East Market Value (US$ Million) Forecast by Booking Channel, 2019 to 2034
Table 18: East Market Value (US$ Million) Forecast by Tourist Type, 2019 to 2034
Table 19: East Market Value (US$ Million) Forecast by Tourism Type, 2019 to 2034
Table 20: East Market Value (US$ Million) Forecast by Tour Type, 2019 to 2034
Table 21: East Market Value (US$ Million) Forecast by Consumer Orientation, 2019 to 2034
Table 22: East Market Value (US$ Million) Forecast by Age Group, 2019 to 2034
Table 23: West Market Value (US$ Million) Forecast by Purpose Type, 2019 to 2034
Table 24: West Market Value (US$ Million) Forecast by Booking Channel, 2019 to 2034
Table 25: West Market Value (US$ Million) Forecast by Tourist Type, 2019 to 2034
Table 26: West Market Value (US$ Million) Forecast by Tourism Type, 2019 to 2034
Table 27: West Market Value (US$ Million) Forecast by Tour Type, 2019 to 2034
Table 28: West Market Value (US$ Million) Forecast by Consumer Orientation, 2019 to 2034
Table 29: West Market Value (US$ Million) Forecast by Age Group, 2019 to 2034
Table 30: South Market Value (US$ Million) Forecast by Purpose Type, 2019 to 2034
Table 31: South Market Value (US$ Million) Forecast by Booking Channel, 2019 to 2034
Table 32: South Market Value (US$ Million) Forecast by Tourist Type, 2019 to 2034
Table 33: South Market Value (US$ Million) Forecast by Tourism Type, 2019 to 2034
Table 34: South Market Value (US$ Million) Forecast by Tour Type, 2019 to 2034
Table 35: South Market Value (US$ Million) Forecast by Consumer Orientation, 2019 to 2034
Table 36: South Market Value (US$ Million) Forecast by Age Group, 2019 to 2034
Figure 1: Market Value (US$ Million) by Purpose Type, 2024 to 2034
Figure 2: Market Value (US$ Million) by Booking Channel, 2024 to 2034
Figure 3: Market Value (US$ Million) by Tourist Type, 2024 to 2034
Figure 4: Market Value (US$ Million) by Tourism Type, 2024 to 2034
Figure 5: Market Value (US$ Million) by Tour Type, 2024 to 2034
Figure 6: Market Value (US$ Million) by Consumer Orientation, 2024 to 2034
Figure 7: Market Value (US$ Million) by Age Group, 2024 to 2034
Figure 8: Market Value (US$ Million) by Region, 2024 to 2034
Figure 9: Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 10: Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 11: Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 12: Market Value (US$ Million) Analysis by Purpose Type, 2019 to 2034
Figure 13: Market Value Share (%) and BPS Analysis by Purpose Type, 2024 to 2034
Figure 14: Market Y-o-Y Growth (%) Projections by Purpose Type, 2024 to 2034
Figure 15: Market Value (US$ Million) Analysis by Booking Channel, 2019 to 2034
Figure 16: Market Value Share (%) and BPS Analysis by Booking Channel, 2024 to 2034
Figure 17: Market Y-o-Y Growth (%) Projections by Booking Channel, 2024 to 2034
Figure 18: Market Value (US$ Million) Analysis by Tourist Type, 2019 to 2034
Figure 19: Market Value Share (%) and BPS Analysis by Tourist Type, 2024 to 2034
Figure 20: Market Y-o-Y Growth (%) Projections by Tourist Type, 2024 to 2034
Figure 21: Market Value (US$ Million) Analysis by Tourism Type, 2019 to 2034
Figure 22: Market Value Share (%) and BPS Analysis by Tourism Type, 2024 to 2034
Figure 23: Market Y-o-Y Growth (%) Projections by Tourism Type, 2024 to 2034
Figure 24: Market Value (US$ Million) Analysis by Tour Type, 2019 to 2034
Figure 25: Market Value Share (%) and BPS Analysis by Tour Type, 2024 to 2034
Figure 26: Market Y-o-Y Growth (%) Projections by Tour Type, 2024 to 2034
Figure 27: Market Value (US$ Million) Analysis by Consumer Orientation, 2019 to 2034
Figure 28: Market Value Share (%) and BPS Analysis by Consumer Orientation, 2024 to 2034
Figure 29: Market Y-o-Y Growth (%) Projections by Consumer Orientation, 2024 to 2034
Figure 30: Market Value (US$ Million) Analysis by Age Group, 2019 to 2034
Figure 31: Market Value Share (%) and BPS Analysis by Age Group, 2024 to 2034
Figure 32: Market Y-o-Y Growth (%) Projections by Age Group, 2024 to 2034
Figure 33: Market Attractiveness by Purpose Type, 2024 to 2034
Figure 34: Market Attractiveness by Booking Channel, 2024 to 2034
Figure 35: Market Attractiveness by Tourist Type, 2024 to 2034
Figure 36: Market Attractiveness by Tourism Type, 2024 to 2034
Figure 37: Market Attractiveness by Tour Type, 2024 to 2034
Figure 38: Market Attractiveness by Consumer Orientation, 2024 to 2034
Figure 39: Market Attractiveness by Age Group, 2024 to 2034
Figure 40: Market Attractiveness by Region, 2024 to 2034
Figure 41: North Market Value (US$ Million) by Purpose Type, 2024 to 2034
Figure 42: North Market Value (US$ Million) by Booking Channel, 2024 to 2034
Figure 43: North Market Value (US$ Million) by Tourist Type, 2024 to 2034
Figure 44: North Market Value (US$ Million) by Tourism Type, 2024 to 2034
Figure 45: North Market Value (US$ Million) by Tour Type, 2024 to 2034
Figure 46: North Market Value (US$ Million) by Consumer Orientation, 2024 to 2034
Figure 47: North Market Value (US$ Million) Analysis by Purpose Type, 2019 to 2034
Figure 48: North Market Value Share (%) and BPS Analysis by Purpose Type, 2024 to 2034
Figure 49: North Market Y-o-Y Growth (%) Projections by Purpose Type, 2024 to 2034
Figure 50: North Market Value (US$ Million) Analysis by Booking Channel, 2019 to 2034
Figure 51: North Market Value Share (%) and BPS Analysis by Booking Channel, 2024 to 2034
Figure 52: North Market Y-o-Y Growth (%) Projections by Booking Channel, 2024 to 2034
Figure 53: North Market Value (US$ Million) Analysis by Tourist Type, 2019 to 2034
Figure 54: North Market Value Share (%) and BPS Analysis by Tourist Type, 2024 to 2034
Figure 55: North Market Y-o-Y Growth (%) Projections by Tourist Type, 2024 to 2034
Figure 56: North Market Value (US$ Million) Analysis by Tourism Type, 2019 to 2034
Figure 57: North Market Value Share (%) and BPS Analysis by Tourism Type, 2024 to 2034
Figure 58: North Market Y-o-Y Growth (%) Projections by Tourism Type, 2024 to 2034
Figure 59: North Market Value (US$ Million) Analysis by Tour Type, 2019 to 2034
Figure 60: North Market Value Share (%) and BPS Analysis by Tour Type, 2024 to 2034
Figure 61: North Market Y-o-Y Growth (%) Projections by Tour Type, 2024 to 2034
Figure 62: North Market Value (US$ Million) Analysis by Consumer Orientation, 2019 to 2034
Figure 63: North Market Value Share (%) and BPS Analysis by Consumer Orientation, 2024 to 2034
Figure 64: North Market Y-o-Y Growth (%) Projections by Consumer Orientation, 2024 to 2034
Figure 65: North Market Value (US$ Million) Analysis by Age Group, 2019 to 2034
Figure 66: North Market Value Share (%) and BPS Analysis by Age Group, 2024 to 2034
Figure 67: North Market Y-o-Y Growth (%) Projections by Age Group, 2024 to 2034
Figure 68: North Market Attractiveness by Purpose Type, 2024 to 2034
Figure 69: North Market Attractiveness by Booking Channel, 2024 to 2034
Figure 70: North Market Attractiveness by Tourist Type, 2024 to 2034
Figure 71: North Market Attractiveness by Tourism Type, 2024 to 2034
Figure 72: North Market Attractiveness by Tour Type, 2024 to 2034
Figure 73: North Market Attractiveness by Consumer Orientation, 2024 to 2034
Figure 74: North Market Attractiveness by Age Group, 2024 to 2034
Figure 75: East Market Value (US$ Million) by Purpose Type, 2024 to 2034
Figure 76: East Market Value (US$ Million) by Booking Channel, 2024 to 2034
Figure 77: East Market Value (US$ Million) by Tourist Type, 2024 to 2034
Figure 78: East Market Value (US$ Million) by Tourism Type, 2024 to 2034
Figure 79: East Market Value (US$ Million) by Tour Type, 2024 to 2034
Figure 80: East Market Value (US$ Million) by Consumer Orientation, 2024 to 2034
Figure 81: East Market Value (US$ Million) by Age Group, 2024 to 2034
Figure 82: East Market Value (US$ Million) Analysis by Purpose Type, 2019 to 2034
Figure 83: East Market Value Share (%) and BPS Analysis by Purpose Type, 2024 to 2034
Figure 84: East Market Y-o-Y Growth (%) Projections by Purpose Type, 2024 to 2034
Figure 85: East Market Value (US$ Million) Analysis by Booking Channel, 2019 to 2034
Figure 86: East Market Value Share (%) and BPS Analysis by Booking Channel, 2024 to 2034
Figure 87: East Market Y-o-Y Growth (%) Projections by Booking Channel, 2024 to 2034
Figure 88: East Market Value (US$ Million) Analysis by Tourist Type, 2019 to 2034
Figure 89: East Market Value Share (%) and BPS Analysis by Tourist Type, 2024 to 2034
Figure 90: East Market Y-o-Y Growth (%) Projections by Tourist Type, 2024 to 2034
Figure 91: East Market Value (US$ Million) Analysis by Tourism Type, 2019 to 2034
Figure 92: East Market Value Share (%) and BPS Analysis by Tourism Type, 2024 to 2034
Figure 93: East Market Y-o-Y Growth (%) Projections by Tourism Type, 2024 to 2034
Figure 94: East Market Value (US$ Million) Analysis by Tour Type, 2019 to 2034
Figure 95: East Market Value Share (%) and BPS Analysis by Tour Type, 2024 to 2034
Figure 96: East Market Y-o-Y Growth (%) Projections by Tour Type, 2024 to 2034
Figure 97: East Market Value (US$ Million) Analysis by Consumer Orientation, 2019 to 2034
Figure 98: East Market Value Share (%) and BPS Analysis by Consumer Orientation, 2024 to 2034
Figure 99: East Market Y-o-Y Growth (%) Projections by Consumer Orientation, 2024 to 2034
Figure 100: East Market Value (US$ Million) Analysis by Age Group, 2019 to 2034
Figure 101: East Market Value Share (%) and BPS Analysis by Age Group, 2024 to 2034
Figure 102: East Market Y-o-Y Growth (%) Projections by Age Group, 2024 to 2034
Figure 103: East Market Attractiveness by Purpose Type, 2024 to 2034
Figure 104: East Market Attractiveness by Booking Channel, 2024 to 2034
Figure 105: East Market Attractiveness by Tourist Type, 2024 to 2034
Figure 106: East Market Attractiveness by Tourism Type, 2024 to 2034
Figure 107: East Market Attractiveness by Tour Type, 2024 to 2034
Figure 108: East Market Attractiveness by Consumer Orientation, 2024 to 2034
Figure 109: East Market Attractiveness by Age Group, 2024 to 2034
Figure 110: West Market Value (US$ Million) by Purpose Type, 2024 to 2034
Figure 111: West Market Value (US$ Million) by Booking Channel, 2024 to 2034
Figure 112: West Market Value (US$ Million) by Tourist Type, 2024 to 2034
Figure 113: West Market Value (US$ Million) by Tourism Type, 2024 to 2034
Figure 114: West Market Value (US$ Million) by Tour Type, 2024 to 2034
Figure 115: West Market Value (US$ Million) by Consumer Orientation, 2024 to 2034
Figure 116: West Market Value (US$ Million) by Age Group, 2024 to 2034
Figure 117: West Market Value (US$ Million) Analysis by Purpose Type, 2019 to 2034
Figure 118: West Market Value Share (%) and BPS Analysis by Purpose Type, 2024 to 2034
Figure 119: West Market Y-o-Y Growth (%) Projections by Purpose Type, 2024 to 2034
Figure 120: West Market Value (US$ Million) Analysis by Booking Channel, 2019 to 2034
Figure 121: West Market Value Share (%) and BPS Analysis by Booking Channel, 2024 to 2034
Figure 122: West Market Y-o-Y Growth (%) Projections by Booking Channel, 2024 to 2034
Figure 123: West Market Value (US$ Million) Analysis by Tourist Type, 2019 to 2034
Figure 124: West Market Value Share (%) and BPS Analysis by Tourist Type, 2024 to 2034
Figure 125: West Market Y-o-Y Growth (%) Projections by Tourist Type, 2024 to 2034
Figure 126: West Market Value (US$ Million) Analysis by Tourism Type, 2019 to 2034
Figure 127: West Market Value Share (%) and BPS Analysis by Tourism Type, 2024 to 2034
Figure 128: West Market Y-o-Y Growth (%) Projections by Tourism Type, 2024 to 2034
Figure 129: West Market Value (US$ Million) Analysis by Tour Type, 2019 to 2034
Figure 130: West Market Value Share (%) and BPS Analysis by Tour Type, 2024 to 2034
Figure 131: West Market Y-o-Y Growth (%) Projections by Tour Type, 2024 to 2034
Figure 132: West Market Value (US$ Million) Analysis by Consumer Orientation, 2019 to 2034
Figure 133: West Market Value Share (%) and BPS Analysis by Consumer Orientation, 2024 to 2034
Figure 134: West Market Y-o-Y Growth (%) Projections by Consumer Orientation, 2024 to 2034
Figure 135: West Market Value (US$ Million) Analysis by Age Group, 2019 to 2034
Figure 136: West Market Value Share (%) and BPS Analysis by Age Group, 2024 to 2034
Figure 137: West Market Y-o-Y Growth (%) Projections by Age Group, 2024 to 2034
Figure 138: West Market Attractiveness by Purpose Type, 2024 to 2034
Figure 139: West Market Attractiveness by Booking Channel, 2024 to 2034
Figure 140: West Market Attractiveness by Tourist Type, 2024 to 2034
Figure 141: West Market Attractiveness by Tourism Type, 2024 to 2034
Figure 142: West Market Attractiveness by Tour Type, 2024 to 2034
Figure 143: West Market Attractiveness by Consumer Orientation, 2024 to 2034
Figure 144: West Market Attractiveness by Age Group, 2024 to 2034
Figure 145: South Market Value (US$ Million) by Purpose Type, 2024 to 2034
Figure 146: South Market Value (US$ Million) by Booking Channel, 2024 to 2034
Figure 147: South Market Value (US$ Million) by Tourist Type, 2024 to 2034
Figure 148: South Market Value (US$ Million) by Tourism Type, 2024 to 2034
Figure 149: South Market Value (US$ Million) by Tour Type, 2024 to 2034
Figure 150: South Market Value (US$ Million) by Consumer Orientation, 2024 to 2034
Figure 151: South Market Value (US$ Million) by Age Group, 2024 to 2034
Figure 152: South Market Value (US$ Million) Analysis by Purpose Type, 2019 to 2034
Figure 153: South Market Value Share (%) and BPS Analysis by Purpose Type, 2024 to 2034
Figure 154: South Market Y-o-Y Growth (%) Projections by Purpose Type, 2024 to 2034
Figure 155: South Market Value (US$ Million) Analysis by Booking Channel, 2019 to 2034
Figure 156: South Market Value Share (%) and BPS Analysis by Booking Channel, 2024 to 2034
Figure 157: South Market Y-o-Y Growth (%) Projections by Booking Channel, 2024 to 2034
Figure 158: South Market Value (US$ Million) Analysis by Tourist Type, 2019 to 2034
Figure 159: South Market Value Share (%) and BPS Analysis by Tourist Type, 2024 to 2034
Figure 160: South Market Y-o-Y Growth (%) Projections by Tourist Type, 2024 to 2034
Figure 161: South Market Value (US$ Million) Analysis by Tourism Type, 2019 to 2034
Figure 162: South Market Value Share (%) and BPS Analysis by Tourism Type, 2024 to 2034
Figure 163: South Market Y-o-Y Growth (%) Projections by Tourism Type, 2024 to 2034
Figure 164: South Market Value (US$ Million) Analysis by Tour Type, 2019 to 2034
Figure 165: South Market Value Share (%) and BPS Analysis by Tour Type, 2024 to 2034
Figure 166: South Market Y-o-Y Growth (%) Projections by Tour Type, 2024 to 2034
Figure 167: South Market Value (US$ Million) Analysis by Consumer Orientation, 2019 to 2034
Figure 168: South Market Value Share (%) and BPS Analysis by Consumer Orientation, 2024 to 2034
Figure 169: South Market Y-o-Y Growth (%) Projections by Consumer Orientation, 2024 to 2034
Figure 170: South Market Value (US$ Million) Analysis by Age Group, 2019 to 2034
Figure 171: South Market Value Share (%) and BPS Analysis by Age Group, 2024 to 2034
Figure 172: South Market Y-o-Y Growth (%) Projections by Age Group, 2024 to 2034
Figure 173: South Market Attractiveness by Purpose Type, 2024 to 2034
Figure 174: South Market Attractiveness by Booking Channel, 2024 to 2034
Figure 175: South Market Attractiveness by Tourist Type, 2024 to 2034
Figure 176: South Market Attractiveness by Tourism Type, 2024 to 2034
Figure 177: South Market Attractiveness by Tour Type, 2024 to 2034
Figure 178: South Market Attractiveness by Consumer Orientation, 2024 to 2034
Figure 179: South Market Attractiveness by Age Group, 2024 to 2034
The India outbound tourism market is expected to be worth USD 18817.72 million by 2024.
India's outbound tourism market is expected to reach USD 55388.41 million by 2034.
The India outbound tourism market is growing at a CAGR of 11.40% from 2024 to 2034.
Orbit, Thomas Cook, SOTC Kuoni, Raj Travels, In Orbit Tours, Kesari, etc., are some of the major players in the market for India outbound tourism.
The India outbound tourism market valuation in 2023 was USD 16892.03 million.
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