India Outbound Tourism Market Spending and Forecast
- 7 years ago
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India outbound visitors will grow with double digit CAGR of 10% nearly by 2022. This will help India Outbound Tourism Market to grow close to US$ 45 Billion by the year 2022. Growing India outbound tourism market is a big opportunity for most of the Asian countries as most Indians preferred these countries due to short-haul and low budget destinations. For long-haul, Indian prefers to go Europe, United States (US), Australia, New Zealand etc. India has large middle class population which attracts most of the countries to design and promote their tourist destination. For this, almost all major countries have opened their tourist office in India. Get 10% Free Customization in this Report
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United States, Singapore and Thailand are the most attractive Tourist Destination for Indians
In India outbound tourism market, United States, Singapore and Thailand are most attractive tourist destination for Indian travelers in the world. More than 15 percent tourists have visited these countries for various reasons in 2016. Someone visited for holiday purpose others are for business purpose or Visit Friend & Relatives (VFR) purpose.
China is continuously losing Holiday Tourist from India
According to our research, China is continuously losing holiday tourist from India. Whereas Singapore, Thailand, United States, Hong Kong, United Kingdom, Australia, China, Canada, Japan, South Africa and South Korea are showing positive trend.
India outbound visitors will grow with double digit CAGR of 10% nearly by 2022. This will help India Outbound Tourism Market to grow close to US$ 45 Billion by the year 2022. Growing India outbound tourism market is a big opportunity for most of the Asian countries as most Indians preferred these countries due to short-haul and low budget destinations. For long-haul, Indian prefers to go Europe, United States (US), Australia, New Zealand etc. India has large middle class population which attracts most of the countries to design and promote their tourist destination. For this, almost all major countries have opened their tourist office in India. Get 10% Free Customization in this Report
Request a free sample copy of the report: http://www.renub.com/contactus.php
United States, Singapore and Thailand are the most attractive Tourist Destination for Indians
In India outbound tourism market, United States, Singapore and Thailand are most attractive tourist destination for Indian travelers in the world. More than 15 percent tourists have visited these countries for various reasons in 2016. Someone visited for holiday purpose others are for business purpose or Visit Friend & Relatives (VFR) purpose.
China is continuously losing Holiday Tourist from India
According to our research, China is continuously losing holiday tourist from India. Whereas Singapore, Thailand, United States, Hong Kong, United Kingdom, Australia, China, Canada, Japan, South Africa and South Korea are showing positive trend.