Outbound Travel and Tourism Market in GCC
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 70.5 Billion
Market Size in 2033: 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.
Download sample copy of the Report: https://www.imarcgroup.com/gcc-outbound-travel-tourism-market/requestsample
GCC Outbound Travel and Tourism Market Trends and Drivers
Key Growth Factors:
- Rising disposable income and strong economic growth are driving the market.
- Increased international travel for leisure, business, and medical purposes by residents and expatriates, especially in the UAE and Saudi Arabia.
- Expansion of direct flight routes and high-standard travel packages for luxury, adventure, and family travel.
- The lifting of travel restrictions and the growing appeal of cultural, health, and ecotourism are providing more destination options for GCC travelers.
- Simplified passport acquisition and the development of tourism infrastructure at destinations are further propelling market growth.
Premium and Personalized Travel Experiences:
- High-net-worth individuals in the region prefer bespoke itineraries, private residences, and customized services.
- Increasing demand for luxury travel products tailored to individual preferences.
Technological Advancements:
- AI-driven travel portals and virtual reality tools are enhancing the planning and booking process for GCC travelers.
- Technology provides a seamless and personalized experience for users.
Sustainability in Tourism:
- Growing interest in eco-destinations and eco-based tourism activities aligned with environmental awareness.
Collaboration and Promotion:
- Improved coordination between GCC-affiliated travel companies and international partners is enhancing service quality and availability.
- Tourism authorities in various countries are targeting GCC travelers through promotional activities, boosting market growth.
Future Outlook:
- Changing traveler aspirations, combined with the need for sustainable and exhilarating experiences, are expected to drive the GCC outbound travel and tourism market in the coming years.
GCC Outbound Travel and Tourism Industry Segmentation:
We explore the factors propelling the GCC outbound travel and tourism market growth, including technological advancements, consumer behaviors, and regulatory changes.
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
Request for customization: https://www.imarcgroup.com/request?type=report&id=11420&flag=C
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.
Contact Us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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