Museums Tourism Market
Market Insights on Museums Tourism covering sales outlook, demand forecast & up-to-date key trends
Museums Tourism Market by Museum Type, Booking Channel, Tourist Type, Tour Type, Consumer Orientation, Age Group & Region - Forecast 2022 – 2032
Museums Tourism Market Outlook (2022-2032)
[250 Pages Report] As per newly released data by Future Market Insights (FMI), the museums tourism market is estimated at USD 20.0 billion in 2022 and is projected to reach USD 35.0 billion by 2032, at a CAGR of 13% from 2022 to 2032.
|
Attribute |
Details |
|
Estimated Museums Tourism Market Size 2022 |
US$ 20.0 Bn |
|
Projected Museums Tourism (2032) Market Size |
US$ 35.0 Bn |
|
Value CAGR (2022-2032) |
13.0% |
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Key Points Covered in Museums Tourism Market Survey
- Market estimates and forecast 2017-2032
- Key drivers and restraints impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Global Museums tourism market Market and How to Navigate
- Recommendation on Key Winning Strategies
2017-2021 Global Museums Tourism Market Outlook Compared to 2022-2032 Forecast
Museum tourism entails to learn unique cultural and the events that took place in history. Museums preserve the cultural values, exhibits of evolution and the details about the nations and communities’ decades ago. Museum tourism is mainly motivated by cultural and heritage beliefs. The travelers get an opportunity to learn about the historical events, allows to bridge the gap between traditional era and modern era, allows to connect and experience the art, stories of the past. Museums are the most important part of tourism industry. Museums serves the effective way of learning and therefore every year many tourists visit museums to explore and learn.
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Talk to AnalystGrowing Participation of Educational Travelers in Museum Tourism
With rise in trends of learning about historic events specially at educational level there is a rise of participation from educational institutions in Museum Tourism. Educational institutions try to inculcate good value and morals at young age by introducing cultural belief to their student. As museums are effective way to learn the student’s participation is more as compared to adult travelers.
In addition, there has been a boom in the new industrial revolution over the past few decades. The possibility to observe industrialization’s progression from its origin to the modern day is ideal for research scholars studying industrialization. The museums help students to learn and explore more than books efficiently. Thus, the above factors are expected to increase the participation of educational travelers in museum tourism.
Exploration of New Artefact to Drive the Museum Tourism Market
The tourist travels for leisure, to discover, to explore and to get a break from their busy schedule. There has been an unexpected increase in leisure travel post pandemic. People are taking active interest in more leisure activities. The museums are one of the favorite choice of tourist. With rising trend of heritage and cultural tourism the travelers are getting more attracted to museum. Also certain known museums with their unique artefact is attracting the tourist across the world. The growing importance of this trend driving the museum tourism market.
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Country-wise Insights
How Government Initiative Is Going To Boost Museum Tourism Market in India?
“Digital Virtual Museums to Grow the Museum Tourism Market in India”
India is known for its vast history and for its cultural heritage. Every year millions of travelers visit India to learn Indian culture, vedas and to study history of India. Indian museums narrate the story of the origin and show how humanity has evolved in past 100 years. India exhibits a wealth of resources that shed lights on its rich culture and heritage of its past. In year 2014 the Ministry of Culture Government of India launched National Portal Digital Repository for Museums of India and in year 2022 they launch Museums of India mobile app. This allows user to access information virtually on various themes, histories and artefacts related to Indian history of 10 major museums.
How Museum Tourism Market is Progressing in United Kingdom?
“The Recovery of Museum Tourism Majorly Contributing to United Kingdom Tourism Industry”
Tourism is one of the leading industry of United Kingdom. UK has one of the world most pre-eminent collection and high profile museums. This attract number of increasing tourist around the world. According to National Museum Director’s Council (NDMC) museums and galleries are one of the most popular tourist attraction. The museums and galleries of United Kingdoms is contributing the major share to the tourism industry. In year 2021 the Natural History Museum had 1.57 mn visitors and was the most visited museum followed by British Museum with 1.32 mn, Tate Modern 1.15 mn, and Science Museum with 955 k visitors. Region wise Scotland had 45% more visitors in 2021 as compared to the year 2020.
Category-wise Insights
Which Museum Type is Being Preferred by the Tourist?
“History Museums Are the Most Preferred Museum for Its Chronological Collections”
According to the analysis, in terms of type the history museums are mostly preferred by the tourist. Historical museums offer wide variety of historical collections and are presented in chronological order. The objects are collected and offered could be artifacts, documents, archeological finding and others. It helps a tourist to learn about specific historical aspect. Besides this art museums and science museums are equally preferred as much as history museums.
Which Age Group is More Likely to Increase?
“Tourist from All the Age Group Will Increase Significantly”
In terms of age group, the number of tourists in all age group is expected to rise, since this demographic is more inclined in exploring and discovering certain learning as per their interest. The museum is fun and most effective way of learning and people from different age group like to different types of museums as per their scope of knowledge or for leisure or to explore something beyond their limitations. Apart from that, the government is taking efforts in providing free-of-charge entry for local citizens and developing application for virtual museum for the convenience of tourist.
For example, The British Museum in London has made free entry for tourist to visit the Museum. The fee is only chargeable for exhibitions and events. A tourist need to book tickets in advance on online website of The British Museum. Likewise, there are various other museums who don’t cost money for museum visit.
Which Booking Channel is used by The Customers in Museum Tourism Industry?
“Online Booking is Generally More Preferred by The Tourist”
In terms of booking channel, the online booking channel is more preferred than in-person booking. As the world is upgrading and getting digitize the museums websites are also upgrading. Travelers travel museums across the globe and therefore for their convenience and ease many museums has allowed and offered online booking on their websites. Whereas, many museums like The British Museums and The National History Museums inform travelers to book tickets in advance on their website. The hazel free process help travels to plan a visit efficiently.
Competitive Landscape
Leading players operating globally in the market and are focusing on expansion of new verticals to expand their business.
For instance:
- Art Institute of Chicago is one the top museum in the world. It is famous for Edward Hopper’s Nighthawks and Grant Wood’s American Gothic. In 2009, the Terzo Piano restaurant was launched in Art Institute of Chicago from where the tourist can see the Chicago Skyline and the Millennium Park.
Scope of Report
|
Attribute |
Details |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Market Analysis |
USD Million for Value |
|
Key Regions Covered |
North America, Latin America, Europe, East Asia, South Asia, Oceania & MEA |
|
Key Countries Covered |
United States, Canada, Brazil, Mexico, Argentina, Colombia Germany, U.K., France, Italy, Russia, South Africa, Turkey, UAE, Egypt, Jordan China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Philippines, Cambodia, Vietnam Australia & New Zealand. |
|
Key Segments Covered |
Museum Type, Booking Channel, Tour Type, Consumer Orientation, Age Group and Region. |
|
Key Companies Profiled |
|
|
Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
|
Customization & Pricing |
Available upon Request |
Global Museums Tourism Market by Category
By Museum Type, Global Museums Tourism Market is segmented as:
- Art Museum
- History Museum
- National Museum
- Science Museum
- Others
By Booking Channel, Global Museums Tourism Market is segmented as:
- Online Booking
- In Person Booking
By Tourist Type, Global Museums Tourism Market is segmented as:
- Domestic
- International
By Tour Type, Global Museums Tourism Market is segmented as:
- Independent Traveler
- Group Trip
- Family trip
- Student trip
By Consumer Orientation, Global Museums Tourism Market is segmented as:
- Men
- Women
- Children
By Age Group, Global Museums Tourism Market is segmented as:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
By Region, Global Museums Tourism Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Frequently Asked Questions
The global museums tourism market reached a valuation of US$ 20 Bn in 2020.
Growing popularity of museums, rise of tourist interest heritage tourism, increasing mergers and acquisitions etc. are the key trends in the market.
Leading players operating in the global museums tourism market are Lovure, National Museum of China, Russian Museum, London Science Museum, Tate Modern, Shanghai Museum, The British Museum, National Gallery of Art are among others.
The North America museums tourism market is projected to grow at a 26.0% CAGR over the forecast period.
The Europe museums tourism market is anticipated to expand at 20.0% CAGR over the forecast period.
Table of Content
1. Executive Summary
1.1. Global Museum Market Outlook
1.1.1. Who Is Travelling?
1.1.2. Direct Contribution of Tourism To GDP
1.1.3. Direct Contribution of Tourism To Employment
1.2. Tourism Evolution Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1. Total Spending (US$ Mn) and Forecast (2022-2032)
2.2. Number of Museum Tourists (Mn) and Forecast (2022-2032)
2.3. Total Spending Y-o-Y Growth Projections (2022-2032)
2.4. Number of Museum Tourists Y-o-Y Growth Projections
3. Global Tourism Industry Analysis
3.1. Tourism Industry Overview
3.1.1. Travel & Tourism Industry Contribution To Global GDP
3.1.1.1. Business Spending v/s Leisure Spending
3.1.1.2. Domestic v/s Foreign
3.1.1.3. Direct, Indirect, and Induced
3.1.2. Travel Sector Contribution To Global Overall Employment
3.1.3. Travel & Tourism Growth Rate
3.1.4. Foreign Visitor Exports As Percentage of Total Exports
3.1.5. Capital Investment In Travel & Tourism Industry
3.1.6. Different Components of Travel & Tourism
3.1.7. Global Tourism Industry Outlook
3.1.7.1. Cultural Tourism
3.1.7.2. Culinary Tourism
3.1.7.3. Eco/Sustainable Tourism
3.1.7.4. Sports Tourism
3.1.7.5. Spiritual Tourism
3.1.7.6. Wellness Tourism
3.1.7.7. Others
4. Global Museum Tourism Market Dynamics
4.1. Market Drivers & Opportunities
4.1.1. Growing Participation of Leisure Travelers In Cultural or Heritage Activities
4.1.2. Worldwide Countries Are Focusing On Tourism As A Development Strategy
4.1.3. Authentic Places Are Important To Understanding History And Culture
4.1.4. Tourist Are Travelling Worldwide To Experience The Places, Artifacts, & Activities
4.1.5. People From All Age Group Are Willing To Learn More About History, Religious beliefs And Cultural Importance Worldwide
4.1.6. Desire of People To Get Away From Their Daily Routine & Daily Life Process
4.1.7. Increasing Popularity of Short Gateway Holidays
4.1.8. Growing Travelers Special Interest in Heritage & Arts
4.1.9. Education & Motivation Plays a Significant Factor Driving the Museum Tourism Market
4.1.10. Others (during course study)
4.2. Challenges in Museum Tourism Market
5. Market Background
5.1. Top 10 Museum Worldwide Destinations or Places
5.2. Macro-Economic Factors
5.2.1. Global GDP Growth Outlook
5.2.2. Global Industry Value Added
5.2.3. Global Consumer Spending Outlook
5.2.4. Global Direct contribution of Travel & Tourism to GDP
5.2.5. Global Visitor Exports and International Tourist Arrivals
5.2.6. Capital Investment In Travel & Tourism
5.2.7. Top Tourism Spending Countries
5.3. Forecast Factors - Relevance & Impact
6. Categorizing of Global Museum Tourism Market 2021
6.1. Introduction/ Key Findings
6.2. Current Market Analysis By Museum Type (% of Demand)
6.2.1. Art Museum
6.2.2. History Museum
6.2.3. National Museum
6.2.4. Science Museum
6.2.5. Others
6.3. Current Market Analysis By Booking Channel (% of Demand)
6.3.1. Online Booking
6.3.2. In Person Booking
6.4. Current Market Analysis By Tourist Type (% of Demand)
6.4.1. Domestic
6.4.2. International
6.5. Current Market Analysis By Tour Type (% of Demand)
6.5.1. Independent Traveller
6.5.2. Group Trip
6.5.3. Family Trip
6.5.4. Student Trip
6.6. Current Market Analysis By Consumer Orientation (% of Demand)
6.6.1. Men
6.6.2. Women
6.6.3. Children
6.7. Current Market Analysis By Age Group (% of Demand)
6.7.1. 15-25 Years
6.7.2. 26-35 Years
6.7.3. 36-45 Years
6.7.4. 46-55 Years
6.7.5. 66-75 Years
6.8. Current Market Analysis By Region (% of Demand)
6.8.1. North America
6.8.2. Latin America
6.8.3. Europe
6.8.4. East Asia
6.8.5. South Asia
6.8.6. Oceania
6.8.7. MEA
6.9. Key Findings, By Each Category
7. Categorizing of North America Museum Tourism Market 2021
7.1. Introduction/ Key Findings
7.2. Current Market Analysis By Museum Type (% of Demand)
7.2.1. Art Museum
7.2.2. History Museum
7.2.3. National Museum
7.2.4. Science Museum
7.2.5. Others
7.3. Current Market Analysis By Booking Channel (% of Demand)
7.3.1. Online Booking
7.3.2. In Person Booking
7.4. Current Market Analysis By Tourist Type (% of Demand)
7.4.1. Domestic
7.4.2. International
7.5. Current Market Analysis By Tour Type (% of Demand)
7.5.1. Independent Traveller
7.5.2. Group Trip
7.5.3. Family Trip
7.5.4. Student Trip
7.6. Current Market Analysis By Consumer Orientation (% of Demand)
7.6.1. Men
7.6.2. Women
7.6.3. Children
7.7. Current Market Analysis By Age Group (% of Demand)
7.7.1. 15-25 Years
7.7.2. 26-35 Years
7.7.3. 36-45 Years
7.7.4. 46-55 Years
7.7.5. 66-75 Years
7.8. Current Market Analysis By Country (% of Demand)
7.8.1. US
7.8.2. Canada
7.9. Key Findings, By Each Category
8. Categorizing of Latin America Museum Tourism Market 2021
8.1. Introduction/ Key Findings
8.2. Current Market Analysis By Museum Type (% of Demand)
8.2.1. Art Museum
8.2.2. History Museum
8.2.3. National Museum
8.2.4. Science Museum
8.2.5. Others
8.3. Current Market Analysis By Booking Channel (% of Demand)
8.3.1. Online Booking
8.3.2. In Person Booking
8.4. Current Market Analysis By Tourist Type (% of Demand)
8.4.1. Domestic
8.4.2. International
8.5. Current Market Analysis By Tour Type (% of Demand)
8.5.1. Independent Traveller
8.5.2. Group Trip
8.5.3. Family Trip
8.5.4. Student Trip
8.6. Current Market Analysis By Consumer Orientation (% of Demand)
8.6.1. Men
8.6.2. Women
8.6.3. Children
8.7. Current Market Analysis By Age Group (% of Demand)
8.7.1. 15-25 Years
8.7.2. 26-35 Years
8.7.3. 36-45 Years
8.7.4. 46-55 Years
8.7.5. 66-75 Years
8.8. Current Market Analysis By Country (% of Demand)
8.8.1. Brazil
8.8.2. Mexico
8.8.3. Argentina
8.8.4. Colombia
8.8.5. Rest of LA
8.9. Key Findings, By Each Category
9. Categorizing of Europe Museum Tourism Market 2021
9.1. Introduction/ Key Findings
9.2. Current Market Analysis By Museum Type (% of Demand)
9.2.1. Art Museum
9.2.2. History Museum
9.2.3. National Museum
9.2.4. Science Museum
9.2.5. Others
9.3. Current Market Analysis By Booking Channel (% of Demand)
9.3.1. Online Booking
9.3.2. In Person Booking
9.4. Current Market Analysis By Tourist Type (% of Demand)
9.4.1. Domestic
9.4.2. International
9.5. Current Market Analysis By Tour Type (% of Demand)
9.5.1. Independent Traveller
9.5.2. Group Trip
9.5.3. Family Trip
9.5.4. Student Trip
9.6. Current Market Analysis By Consumer Orientation (% of Demand)
9.6.1. Men
9.6.2. Women
9.6.3. Children
9.7. Current Market Analysis By Age Group (% of Demand)
9.7.1. 15-25 Years
9.7.2. 26-35 Years
9.7.3. 36-45 Years
9.7.4. 46-55 Years
9.7.5. 66-75 Years
9.8. Current Market Analysis By Country (% of Demand)
9.8.1. Germany
9.8.2. Russia
9.8.3. France
9.8.4. Italy
9.8.5. UK
9.8.6. Rest of Europe
9.9. Key Findings, By Each Category
10. Categorizing of East Asia Museum Tourism Market 2021
10.1. Introduction/ Key Findings
10.2. Current Market Analysis By Museum Type (% of Demand)
10.2.1. Art Museum
10.2.2. History Museum
10.2.3. National Museum
10.2.4. Science Museum
10.2.5. Others
10.3. Current Market Analysis By Booking Channel (% of Demand)
10.3.1. Online Booking
10.3.2. In Person Booking
10.4. Current Market Analysis By Tourist Type (% of Demand)
10.4.1. Domestic
10.4.2. International
10.5. Current Market Analysis By Tour Type (% of Demand)
10.5.1. Independent Traveller
10.5.2. Group Trip
10.5.3. Family Trip
10.5.4. Student Trip
10.6. Current Market Analysis By Consumer Orientation (% of Demand)
10.6.1. Men
10.6.2. Women
10.6.3. Children
10.7. Current Market Analysis By Age Group (% of Demand)
10.7.1. 15-25 Years
10.7.2. 26-35 Years
10.7.3. 36-45 Years
10.7.4. 46-55 Years
10.7.5. 66-75 Years
10.8. Current Market Analysis By Country (% of Demand)
10.8.1. China
10.8.2. Japan
10.8.3. South Korea
10.9. Key Findings, By Each Category
11. Categorizing of South Asia Museum Tourism Market 2021
11.1. Introduction/ Key Findings
11.2. Current Market Analysis By Museum Type (% of Demand)
11.2.1. Art Museum
11.2.2. History Museum
11.2.3. National Museum
11.2.4. Science Museum
11.2.5. Others
11.3. Current Market Analysis By Booking Channel (% of Demand)
11.3.1. Online Booking
11.3.2. In Person Booking
11.4. Current Market Analysis By Tourist Type (% of Demand)
11.4.1. Domestic
11.4.2. International
11.5. Current Market Analysis By Tour Type (% of Demand)
11.5.1. Independent Traveller
11.5.2. Group Trip
11.5.3. Family Trip
11.5.4. Student Trip
11.6. Current Market Analysis By Consumer Orientation (% of Demand)
11.6.1. Men
11.6.2. Women
11.6.3. Children
11.7. Current Market Analysis By Age Group (% of Demand)
11.7.1. 15-25 Years
11.7.2. 26-35 Years
11.7.3. 36-45 Years
11.7.4. 46-55 Years
11.7.5. 66-75 Years
11.8. Current Market Analysis By Country (% of Demand)
11.8.1. India
11.8.2. Malaysia
11.8.3. Indonesia
11.8.4. Thailand
11.8.5. Philippines
11.8.6. Cambodia
11.8.7. Vietnam
11.8.8. Rest of SA
11.9. Key Findings, By Each Category
12. Categorizing of Oceania Museum Tourism Market 2021
12.1. Introduction/ Key Findings
12.2. Current Market Analysis By Museum Type (% of Demand)
12.2.1. Art Museum
12.2.2. History Museum
12.2.3. National Museum
12.2.4. Science Museum
12.2.5. Others
12.3. Current Market Analysis By Booking Channel (% of Demand)
12.3.1. Online Booking
12.3.2. In Person Booking
12.4. Current Market Analysis By Tourist Type (% of Demand)
12.4.1. Domestic
12.4.2. International
12.5. Current Market Analysis By Tour Type (% of Demand)
12.5.1. Independent Traveller
12.5.2. Group Trip
12.5.3. Family Trip
12.5.4. Student Trip
12.6. Current Market Analysis By Consumer Orientation (% of Demand)
12.6.1. Men
12.6.2. Women
12.6.3. Children
12.7. Current Market Analysis By Age Group (% of Demand)
12.7.1. 15-25 Years
12.7.2. 26-35 Years
12.7.3. 36-45 Years
12.7.4. 46-55 Years
12.7.5. 66-75 Years
12.8. Current Market Analysis By Country (% of Demand)
12.8.1. Australia
12.8.2. New Zealand
12.9. Key Findings, By Each Category
13. Categorizing of Middle East and Africa Museum Tourism Market 2021
13.1. Introduction/ Key Findings
13.2. Current Market Analysis By Museum Type (% of Demand)
13.2.1. Art Museum
13.2.2. History Museum
13.2.3. National Museum
13.2.4. Science Museum
13.2.5. Others
13.3. Current Market Analysis By Booking Channel (% of Demand)
13.3.1. Online Booking
13.3.2. In Person Booking
13.4. Current Market Analysis By Tourist Type (% of Demand)
13.4.1. Domestic
13.4.2. International
13.5. Current Market Analysis By Tour Type (% of Demand)
13.5.1. Independent Traveller
13.5.2. Group Trip
13.5.3. Family Trip
13.5.4. Student Trip
13.6. Current Market Analysis By Consumer Orientation (% of Demand)
13.6.1. Men
13.6.2. Women
13.6.3. Children
13.7. Current Market Analysis By Age Group (% of Demand)
13.7.1. 15-25 Years
13.7.2. 26-35 Years
13.7.3. 36-45 Years
13.7.4. 46-55 Years
13.7.5. 66-75 Years
13.8. Current Market Analysis By Country (% of Demand)
13.8.1. Turkey
13.8.2. South Africa
13.8.3. UAE
13.8.4. Egypt
13.8.5. Jordan
13.8.6. Rest of MEA
13.9. Key Findings, By Each Category
14. Competition Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Competition Deep Dive
14.3.1. Louvre Museum
14.3.1.1. Overview
14.3.1.2. Service Portfolio
14.3.1.3. Strategy Overview/campaigns
14.3.2. National Museum of China
14.3.2.1. Overview
14.3.2.2. Service Portfolio
14.3.2.3. Strategy Overview/campaigns
14.3.3. Russian Museum
14.3.3.1. Overview
14.3.3.2. Service Portfolio
14.3.3.3. Strategy Overview/campaigns
14.3.4. Multimedia Art Museum
14.3.4.1. Overview
14.3.4.2. Service Portfolio
14.3.4.3. Strategy Overview/campaigns
14.3.5. Metropolitan Museum of Art
14.3.5.1. Overview
14.3.5.2. Service Portfolio
14.3.5.3. Strategy Overview/campaigns
14.3.6. Tate Modern
14.3.6.1. Overview
14.3.6.2. Service Portfolio
14.3.6.3. Strategy Overview/campaigns
14.3.7. The British Museum
14.3.7.1. Overview
14.3.7.2. Service Portfolio
14.3.7.3. Strategy Overview/campaigns
14.3.8. Shanghai Museum
14.3.8.1. Overview
14.3.8.2. Service Portfolio
14.3.8.3. Strategy Overview/campaigns
14.3.9. National Air and Space Museum
14.3.9.1. Overview
14.3.9.2. Service Portfolio
14.3.9.3. Strategy Overview/campaigns
14.3.10. London Science Museum
14.3.10.1. Overview
14.3.10.2. Service Portfolio
14.3.10.3. Strategy Overview/campaigns
14.3.11. National Museum of Natural History
14.3.11.1. Overview
14.3.11.2. Service Portfolio
14.3.11.3. Strategy Overview/campaigns
14.3.12. Art Institute of Chicago
14.3.12.1. Overview
14.3.12.2. Service Portfolio
14.3.12.3. Strategy Overview/campaigns
14.3.13. The Vatican Museum
14.3.13.1. Overview
14.3.13.2. Service Portfolio
14.3.13.3. Strategy Overview/campaigns
14.3.14. Other Players (As Per Request)
14.3.14.1. Overview
14.3.14.2. Service Portfolio
14.3.14.3. Strategy Overview/campaigns
15. Assumptions and Acronyms Used
16. Research Methodology
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