The luxury travel market is expected to experience healthy growth of 20.4% CAGR; The France Region remains one of the Leading Markets
France luxury travel market opportunity analysis and industry forecast, 2021-2030
POTLAND, 5933 NE WIN SIVERS DRIVE, # 205, OR 97220, USA, December 28, 2021 /EINPresswire.com/ – During the forecast period, the luxury travel market is expected to be the industry segment the fastest growing journey in the world. The main drivers of the growing luxury travel trend include the inclination of people towards unique and exotic vacation experiences, the increase in middle and upper class disposable income and related expenses, and the growth in need and demand. people’s interest in spending more time with their families
According to a new report released by Allied Market Research titled “Luxury Travel Market by Tour Type, Age Group, and Traveler Types: Analysis of Industry Opportunities and Forecast, 2021-2030,” Luxury travel to France is expected to reach $ 53,636.5 million by 2030, growing at a CAGR of 20.4%, from 2021 to 2030.
The luxury travel market in France is growing at a healthy rate of 20.6%, due to the increased interest of people in unique and exotic vacation destinations.
Luxury travel is in a growth phase and is gradually gaining market share across the travel industry as a whole, owing to the increase in disposable income and the rise in people’s standard of living.
Rising High Net Worth (HNI) Numbers in Emerging Markets Further Drive Luxury Travel Market Growth
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List of Major Players: There are various players operating in the market. The report provides a competitive analysis of key players along with their market share and contribution to the studied market. Some key players in the global luxury travel market are: –
Abercrombie & Kent Ltd,
Cox Kings Ltd
Kuoni, Confidential Travel
Ponant and Voyages Prestige
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Allied Market Research has segmented the Luxury Travel Market report on the basis of TYPE, AGE, TRAVELER
By type of visit
Personalized and private vacations
Adventure & Safari
Cruise / Boat expedition
Small group trip
Celebration and special event
Culinary and shopping trip
By age group
21 to 30 years old
31 to 40 years old
By type of traveler
Get a detailed analysis of the impact of COVID-19 on the luxury travel market in France: – https://www.alliedmarketresearch.com/request-for-customization/13798?reqfor=covid
Main conclusions of the study
By type of tour, the adventure and safari segment dominated the luxury travel market in France, accounting for the majority of the share in 2020.
On the basis of age group, 41-60 years segment dominated the overall market
Based on the type of traveler, the absolute luxury travel segment is expected to contribute the highest market share during the forecast period.
The culinary travel and shopping segment in France luxury travel market is expected to grow at the highest CAGR throughout the forecast.
FREQUENTLY ASKED QUESTIONS?
Q1. What size of the luxury travel market in France from 2021 to 2030?
Q2. What is the CAGR of the luxury travel market in France?
Q3. How can I get a sample France luxury travel market report?
Q4. Who are the top companies in the France luxury travel market?
Q5. What are the segments of the luxury travel market in France?
Q6. What is the base year calculated in the France Luxury Travel Report?
Q7. How will the current megatrends shape the market in the future?
Q8. What is the factor affecting the luxury travel market in France?
Q9. How will the COVID-19 pandemic impact the luxury travel market in France in 2021?
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