Luxury travel is in the growth phase and is gradually gaining market share across the travel industry
PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, USA, January 18, 2022 /EINPresswire.com/ — During the forecast period, the luxury travel market expected to be the fastest growing segment of the travel industry in the world. Major drivers of the growing trend in luxury travel include people’s inclination toward unique and exotic vacation experiences, rising middle and upper class disposable income and related spending, and growing need and demand. people’s interest in spending more time with their families.
According to a new report published by Allied Market Research titled “Luxury Travel Market by Tour Type, Age Group and Traveler Types: Opportunity Analysis and Industry Forecast, 2021-2030″, the market size of luxury travel in France is expected to reach $53,636.5 million by 2030, growing at a CAGR of 20.4%, from 2021 to 2030.
The French luxury travel market is experiencing sustained growth of 20.6%, due to people’s increased interest in unique and exotic holiday destinations.
Luxury travel is in the growth phase and is gradually gaining market share in the whole travel industry, due to the increase in disposable income and the increase in people’s living standards.
Rise in High Net Worth Individuals (HNIs) in Emerging Markets Further Propel Luxury Travel Market Growth
Access a sample report – https://www.alliedmarketresearch.com/request-sample/13798
List of Major Players: There are various players operating in the market. The report provides a competitive analysis of major players along with their market share and contribution to the market studied. Some key players in the global luxury travel market are:-
Abercrombie & Kent Ltd,
Cox Kings Ltd.
Kuoni, Confidential Travels
Ponant and Prestige Voyages
Lock in the special end of year prices!!! UP TO 25% OFF!!! Check discount now @ https://www.alliedmarketresearch.com/purchase-enquiry/13798
Allied Market Research has segmented the Luxury Travel Market report on the basis of TYPE, AGE, TRAVELER
By type of tour
Personalized and private holidays
Adventure & Safari
Small group trip
Celebration and special event
Culinary and shopping trip
By age group
21 to 30 years old
31 to 40 years old
41-60 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 results 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.
By age group, the 41-60 segment dominates the overall market
According to traveler type, the absolute luxury travel segment is expected to contribute with the highest market share during the forecast period.
The culinary travel and shopping segment in the French 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 report on the France luxury travel market?
Q4. Who are the main companies in the luxury travel market in France?
Q5. What are the segments of the luxury travel market in France?
Q6. What is the reference year calculated in the France Luxury Travel Report?
Q7. How will today’s megatrends shape the market in the future?
Q8. What is the factor affecting the France luxury travel market?
Q9. What will be the impact of the COVID-19 pandemic on the luxury travel market in France in 2021?