Outbound Travel and Tourism Market in GCC
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2023: USD 70.5 Billion
Market Size in 2032: USD 138.1 Billion
Market Growth Rate (CAGR) 2025-2033: 7.1%
According to IMARC Group's report titled "GCC Outbound Travel and Tourism Market Report and Forecast 2025-2033," the market reached USD 70.5 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 138.1 billion by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033.
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GCC Outbound Travel and Tourism Market Trends and Drivers
- Growth and Diversification: The GCC tourism market is shifting its focus from traditional sun and beach holidays to a broader range of tourism experiences, including cultural tourism, theme and amusement parks, adventure tourism, and family entertainment centers.
- Increasing Leisure Travel: As the middle class becomes more westernized, there is a growing propensity for leisure travel in the region.
- Improved Airline Connectivity: Increased airline connectivity and expanded flight offerings enable GCC residents to travel abroad with ease, broadening their travel horizons.
- Government Initiatives: GCC governments are actively promoting tourism through marketing campaigns, easing visa issuance, and collaborating with airlines and travel agencies to encourage outbound tourism.
- Business Events: The growth in business events, conferences, and exhibitions being hosted in the region also supports market expansion.
- Online Travel Planning: The rise of booking platforms, review sites for destinations, and social networks is changing the way consumers plan and book travel experiences, accommodation, and activities.
- Spending on Travel: Shifts in consumer spending patterns towards travel-related activities, such as accommodation, food, shopping, and entertainment, are driving market growth.
GCC Outbound Travel and Tourism Market Report and Segmentation:
The report has segmented the market into the following categories:
Tourism Type Insights:
- Leisure
- Religious
- Cultural Tourism
- Medical Tourism
- Sports and Adventure
- MICE Tourism
- Others
Spending Type Insights:
- Air Tickets
- Hotels
- Insurance
- Others
Age Group Insights:
- Generation Z
- Millennials
- Generation X
- Baby Boomers
Booking Method Insights:
- Online
- Offline
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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