Market Research Report
China Outbound Tourists Visit and Spending (Top 12 Countries), Purpose of Visits & Spending (Holiday, Business, VFR & Others) - Forecast to 2025
|Published by||iGate Research Pvt Ltd||Product code||819892|
|Published||Content info||292 Pages
Delivery time: 1-2 business days
|China Outbound Tourists Visit and Spending (Top 12 Countries), Purpose of Visits & Spending (Holiday, Business, VFR & Others) - Forecast to 2025|
|Published: April 8, 2019||Content info: 292 Pages||
China outbound tourism market is expected to reach US$ 365 Billion by 2025. Tourism, especially outbound tourism, has become more and more popular among Chinese residents who increasingly emphasize high quality services and better shopping experiences. The major factors driving the growth of the market includes; rising affluent & middle-class population, liberal tourism policy such as Approved Destination Status (ADS), open door policy, other relaxed government agreements and increasing number of passport holders in the country.
The top five destinations (Hong Kong, Thailand, Japan, Vietnam and South Korea) accounted for over 35% share of the total Chinese outbound tourists in 2018. The skyrocketing numbers of Chinese outbound tourism represents immense opportunities of revenue growth for destinations and travel and related brands outside of China. Many destinations and local businesses around the world are making great efforts to attract a larger share of China's outbound travelers. For example, about 20 nations - including Mauritius, Morocco and Tunisia - now offer visa waivers or landing visas as perks to Chinese travelers. Earlier in November 2014, the United States began a 10-year mutual visa validity policy with China. Recently, Singapore Tourism Board, Changi Airport and Sentosa Development Corporation have launched a joint promotion campaign to attract more Chinese tourists.
iGATE RESEARCH report titled "China Outbound Tourists Visit and Spending (Top 12 Countries), Purpose of Visits & Spending (Holiday, Business, VFR & Others) - Forecast to 2025" provides a comprehensive analysis of the China Outbound Tourism Market.
iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.