PUBLISHER: MarketLine | PRODUCT CODE: 1059931
PUBLISHER: MarketLine | PRODUCT CODE: 1059931
The Emerging 5 Travel & Tourism industry profile provides top-line qualitative and quantitative summary information including: Industry size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Industry.
These countries contributed $889.7 billion to the global travel & tourism industry in 2020, with a compound annual growth rate (CAGR) of -10.5% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $1,731.4 billion in 2025, with a CAGR of 14.2% over the 2020-25 period.
Within the travel & tourism industry, China is the leading country among the top 5 emerging nations, with market revenues of $565.9 billion in 2020. This was followed by India and Brazil with a value of $143.6 and $94.3 billion, respectively.
China is expected to lead the travel & tourism industry in the top five emerging nations, with a value of $1,082.9 billion in 2025, followed by India and Brazil with expected values of $293.5 and $204.1 billion, respectively.