GCC Outbound Tourism Market Size- By Tourist Type, By Age Distribution, By Tourism Type, By Traveler Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

GCC Outbound Tourism Market Introduction and Overview

According to SPER market research, 'GCC Outbound Tourism Market Size- By Tourist Type, By Age Distribution, By Tourism Type, By Traveler Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the GCC Outbound Tourism Market is predicted to reach USD 176.78 billion by 2033 with a CAGR of 8.09%.

Outbound tourism is the travel done by nationals of one country to another for leisure, business, or other purposes. It encompasses a wide range of travel-related activities, including adventure travel, medical travel, business travel, and visiting friends and relatives (VFR). Outbound tourism is being driven by several causes, such as rising disposable incomes, globalization, improved connectivity via air travel, and greater awareness of various cultures and destinations.

The COVID-19 epidemic has had a detrimental effect on the tourist sector in the Gulf Cooperation Council (GCC) due to the significant shift in traveler choices and behaviors. The travel ban, border closures, and lockdowns that were implemented globally to halt the virus's spread resulted in a major decline in the outbound tourism sector for the Gulf Cooperation Council. The governments' tight travel restrictions, quarantine guidelines, and alerts caused a dramatic drop in the amount of people leaving the region to visit abroad.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Tourist Type, By Age Distribution, By Tourism Type, By Traveler Type

Regions covered Southern Region, Northern Region, Eastern Region, Western Region

Companies Covered Big Five Tours & Expeditions Inc., Farhat Tours & Transfers S.P.C., G Adventures, Praxis Holidays LLP, Greenloons LLC, Responsible Travel, Royal Arabian Destination Management, and Steppes Travel.

GCC Outbound Tourism Market Key Segments Covered

By Tourist Type: Based on the Tourist Type, GCC Outbound Tourism Market is segmented as; Domestic, International.

By Age Distribution: Based on the Age Distribution, GCC Outbound Tourism Market is segmented as; Under 18 years, 18-25 years, 26-35 years, 36-45 years, 46-55 years, Above 55 years.

By Tourism Type: Based on the Tourism Type, GCC Outbound Tourism Market is segmented as; Holiday, VFR (Visit Friends and Relatives), Business, Others.

By Traveler Type: Based on the Traveler Type, GCC Outbound Tourism Market is segmented as; Independent Traveller, Tour Group, Package Traveller.

Product Code: TRAT2401

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the GCC Outbound Tourism Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. GCC Outbound Tourism Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in GCC Outbound Tourism Market

7. GCC Outbound Tourism Market, By Tourist Type (USD Million)

7.1. GCC Outbound Tourism Market Value Share and Forecast, By Tourist Type, 2024-2033
7.2. Domestic
7.3. International

8. GCC Outbound Tourism Market, By Age Distribution (USD Million)

8.1. GCC Outbound Tourism Market Value Share and Forecast, By Age Distribution, 2024-2033
8.2. Under 18 years
8.3. 18-25 years
8.4. 26-35 years
8.5. 36-45 years
8.6. 46-55 years
8.7. Above 55 years

9. GCC Outbound Tourism Market, By Tourism Type (USD Million)

9.1. GCC Outbound Tourism Market Value Share and Forecast, By Tourism Type, 2024-2033
9.2. Holiday
9.3. VFR (Visit Friends and Relatives)
9.4. Business
9.5. Others

10. GCC Outbound Tourism Market, By Traveler Type (USD Million)

10.1. GCC Outbound Tourism Market Value Share and Forecast, By Traveler Type, 2024-2033
10.2. Independent Traveller
10.3. Tour Group
10.4. Package Traveller

11. GCC Outbound Tourism Market Forecast, 2020-2033 (USD Million)

11.1. GCC Outbound Tourism Market Size and Market Share

12. GCC Outbound Tourism Market, By Tourist Type, 2020-2033 (USD Million)

12.1. GCC Outbound Tourism Market Size and Market Share By Tourist Type (2020-2026)
12.2. GCC Outbound Tourism Market Size and Market Share By Tourist Type (2027-2033)

13. GCC Outbound Tourism Market, By Age Distribution, 2020-2033 (USD Million)

13.1. GCC Outbound Tourism Market Size and Market Share By Age Distribution (2020-2026)
13.2. GCC Outbound Tourism Market Size and Market Share By Age Distribution (2027-2033)

14. GCC Outbound Tourism Market, By Tourism Type, 2020-2033 (USD Million)

14.1. GCC Outbound Tourism Market Size and Market Share By Tourism Type (2020-2026)
14.2. GCC Outbound Tourism Market Size and Market Share By Tourism Type (2027-2033)

15. GCC Outbound Tourism Market, By Traveler Type, 2020-2033 (USD Million)

15.1. GCC Outbound Tourism Market Size and Market Share By Traveler Type (2020-2026)
15.2. GCC Outbound Tourism Market Size and Market Share By Traveler Type (2027-2033)

16. GCC Outbound Tourism Market, By Region, 2020-2033 (USD Million)

16.1. GCC Outbound Tourism Market Size and Market Share By Region (2020-2026)
16.2. GCC Outbound Tourism Market Size and Market Share By Region (2027-2033)
16.3. Eastern
16.4. Western
16.5. Northern
16.6. Northern

17. Company Profile

17.1. Big Five Tours & Expeditions Inc.
- 17.1.1. Company details
- 17.1.2. Financial outlook
- 17.1.3. Product summary
- 17.1.4. Recent developments
17.2. Farhat Tours & Transfers S.P.C.
- 17.2.1. Company details
- 17.2.2. Financial outlook
- 17.2.3. Product summary
- 17.2.4. Recent developments
17.3. G Adventures, Praxis Holidays LLP
- 17.3.1. Company details
- 17.3.2. Financial outlook
- 17.3.3. Product summary
- 17.3.4. Recent developments
17.4. Greenloons LLC
- 17.4.1. Company details
- 17.4.2. Financial outlook
- 17.4.3. Product summary
- 17.4.4. Recent developments
17.5. Responsible Travel
- 17.5.1. Company details
- 17.5.2. Financial outlook
- 17.5.3. Product summary
- 17.5.4. Recent developments
17.6. Royal Arabian Destination Management
- 17.6.1. Company details
- 17.6.2. Financial outlook
- 17.6.3. Product summary
- 17.6.4. Recent developments
17.7. Steppes Travel
- 17.7.1. Company details
- 17.7.2. Financial outlook
- 17.7.3. Product summary
- 17.7.4. Recent developments
17.8. Others