India Source Tourism Insight Report including International Departures, Domestic Trips, Key Destinations, Trends, Tourist Profiles, Analysis of Consumer Survey Responses, Spend Analysis, Risks and Future Opportunities, 2022 Update

GlobalData's India Source Tourism Insight Report including International Departures, Domestic Trips, Key Destinations, Trends, Tourist Profiles, Analysis of Consumer Survey Responses, Spend Analysis, Risks and Future Opportunities, 2022 Update report provides a thorough insight into India's domestic and outbound tourism market. The report looks at the profiles of Indian tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets, and current and future opportunities for tourism businesses seeking to tap into the Indian outbound travel market.

Key Highlights

• With an improving Internet connection and increasing mobile innovation, the Indian OTA market is projected to reach $53 billion by 2025 (21.2% CAGR between 2015 and 2025).
• India was defined as a "high-performing market." Increased connectivity has also prompted the GCC governments to look to India to bolster tourist development, with the number of visitors to Abu Dhabi increasing by 15% in 2016 and Oman by 60%
• In 2021, India had 682 million internet users, or 52% of the entire population. From 2011 to 2021, the number of internet users increased by 466%, a tremendous increase. During the pandemic, although the Indian government took steps to curb the spread of COVID-19, many people worked from home and relied on the internet for entertainment, socializing, and shopping for goods.
• The overall retail outbound expenditure hit $2.7 billion. This was a decrease from 2019, when expenditures topped $15 billion. The expanding middle class implies that the average Indian traveler has more discretionary spending power and is purchasing more and at a higher price, indicating a greater exposure to global brands ranging from high-street fashion merchants to technology providers and gaming.

Scope

• This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as current and future opportunities for tourism businesses seeking to tap into the Indian source market.

Reasons to Buy

• This report provides a clear insight into developments in India's domestic and outbound tourism markets.
• The report uses data and analysis to discuss future trends related to domestic trips, international departures, traveler spending, and main destination markets.
• The report explores the demands of Indian travelers and the reasons that they travel, providing insight into the trends that are emerging in this key source market.
• The reader gains a strong understanding of the opportunities in this market, as well as the risks, to support better business decisions.
• This report examines the impact of COVID-19 and inflation on Indian outbound and domestic tourism.