A travel agency is a private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as activities, airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours.
This report contains market size and forecasts of Travel Agencies in Global, including the following market information:
Global Travel Agencies Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Travel Agencies market was valued at 157980 million in 2021 and is projected to reach US$ 418920 million by 2028, at a CAGR of 14.9% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
International and Domestic Airline Bookings Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Travel Agencies include Booking Holdings Inc., Expedia Group Inc., Trip.com Group Limited, Tripadvisor, Inc., Trivago NV, eDreams, Odigeo, Despegar and MakeMyTrip Limited, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Travel Agencies companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Travel Agencies Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Travel Agencies Market Segment Percentages, by Type, 2021 (%)
International and Domestic Airline Bookings
Tour and Packaged Travel Bookings
Accommodation Bookings
Cruise Bookings
Car Rental
Others
Global Travel Agencies Market, by Sales Channel, 2017-2022, 2023-2028 ($ millions)
Global Travel Agencies Market Segment Percentages, by Sales Channel, 2021 (%)
Online
Offline
Global Travel Agencies Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Travel Agencies Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Travel Agencies revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Travel Agencies revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Booking Holdings Inc.
Expedia Group Inc.
Trip.com Group Limited
Tripadvisor, Inc.
Trivago NV
eDreams
Odigeo
Despegar
MakeMyTrip Limited
Webjet Limited
Priceline
TUI Group