China Travel and Tourism Market Introduction and Overview
According to SPER Market Research, the China Travel and Tourism Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the China Travel and tourism Market, including market size and trends, product mix, distribution channels, and supplier analysis. Travel and Tourism relate to the movement of people for a range of reasons, such as sports, education, trade, and recreation. It may be international, long-distance, local, or both. The tourism sector has enormous growth potential worldwide because of things like rising disposable income, support from the government, expanding infrastructure, and easier-to-use technology.
Market Opportunities and Challenges
Opportunities: The rise of the travel and tourism market in China is expected to be aided by several factors, including rising disposable income, accessible trip destinations, reasonably priced commuting, and the emergence of new travel trends. In the upcoming years, it is also anticipated that an increase in government spending in the travel and tourism industry will fuel demand for travel. An increase in IoT use is probably going to present profitable prospects for businesses in the international travel and tourist sector. Nonetheless, it is anticipated that in the near future, the development of the travel and tourist industry would be constrained by political unrest, natural calamities, and the enforcement of strict immigration laws.
Challenges: The travel and tourist industry in China faces a variety of obstacles, including those specific to the industry as well as external factors. One significant barrier is the potential impact of global events and economic downturns, which could result in a decline in international visitors. Travelers' confidence and behavior can be affected by geopolitical tensions, health crises, and economic concerns, and the travel industry is especially susceptible to these occurrences. Issues related to sustainability and environmental consciousness also pose challenges as travelers increasingly choose environmentally conscious and eco-friendly travel experiences.
Market Competitive Landscape
The China Travel and Tourism market is extremely consolidated. Agate Travel, Great Tibet Tour, Intrepid Travel, Silk Road Trips, Travel China Guide Tours, Truly China Travel, Others. These are the key players for Travel and tourism market in china.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application, By Traveler Type, By Travel Mode, By Booking
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| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | Agate Travel, Great Tibet Tour, Intrepid Travel, Silk Road Trips, Travel China Guide Tours, Truly China Travel, Others. |
COVID-19 Impact on China Travel and Tourism Market
The COVID-19 pandemic has significantly altered consumer behavior and upset industry dynamics in the travel and tourism sector in China. Travel restrictions, broad lockdowns, and safety concerns presented the once-thriving industry with previously unheard-of difficulties. Strict border controls and quarantine regulations caused a major decline in foreign travel to and from China. Domestic travel suffered as a result of individuals skipping unnecessary journeys, which had an impact on a number of industries including lodging, transportation, and tourism attractions. Businesses suffered from the fall in tourism-related activity, with many having to deal with operational challenges and financial strain.
Key Target Audience:
- Adventure Travelers
- Business Travelers
- Cultural and Heritage Tourists
- Ecotourists
- Medical Tourists
- Millennial Travelers
- Senior Travelers
- Solo Travelers
Our in-depth analysis of the China Travel and tourism Market includes the following segments:
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By Type:
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Leisure
Educational
Business
Sports
Medical Tourism
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By Application:
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Domestic
International
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By Traveler Type:
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Solo Traveler
Couple Traveler
Group Traveler
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By Travel Mode:
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Travel Packages
Self-Catered
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By Booking:
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Online
Offline
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Key Topics Covered in the Report:
- China Travel and tourism Market Size (FY’2023-FY’2033)
- Overview of China Travel and tourism Market
- Segmentation of China Travel and tourism Market By Type (Leisure, Educational, Business, Sports, Medical Tourism, Others)
- Segmentation of China Travel and tourism Market By Application (Domestic, International)
- Segmentation of China Travel and tourism Market By Traveler Type (Solo Traveler, Couple Traveler, Group Traveler)
- Segmentation of China Travel and tourism Market By Travel Mode (Travel Packages, Self-Catered)
- Segmentation of China Travel and tourism Market By Booking (Online, Offline)
- Statistical Snap of China Travel and tourism Market
- Expansion Analysis of China Travel and tourism Market
- Problems and Obstacles in China Travel and tourism Market
- Competitive Landscape in the China Travel and tourism Market
- Impact of COVID-19 and Demonetization on China Travel and tourism Market
- Details on Current Investment in China Travel and tourism Market
- Competitive Analysis of China Travel and tourism Market
- Prominent Players in the China Travel and tourism Market
- SWOT Analysis of China Travel and tourism Market
- China Travel and tourism Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the China Travel and tourism Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. China Travel and tourism Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Travel and tourism Market
7. China Travel and tourism Market, By Type (USD Million)
7.1. China Travel and tourism Market Value Share and Forecast, By Type, 2023-2033
7.2. Leisure
7.3. Educational
7.4. Business
7.5. Sports
7.6. Medical Tourism
7.7. Others
8. China Travel and tourism Market, By Application (USD Million)
8.1. China Travel and tourism Market Value Share and Forecast, By Application, 2023-2033
8.2. Domestic
8.3. International
9. China Travel and tourism Market, By Traveler Type (USD Million)
9.1. China Travel and tourism Market Value Share and Forecast, By Traveler Type, 2023-2033
9.2. Solo Traveler
9.3. Couple Traveler
9.4. Group Traveler
10. China Travel and tourism Market, By Travel Mode(USD Million)
10.1. China Travel and tourism Market Value Share and Forecast, By Travel Mode, 2023-2033
10.2. Travel Packages
10.3. Self-Catered
11. China Travel and tourism Market, By Booking (USD Million)
11.1. China Travel and tourism Market Value Share and Forecast, By Booking, 2023-2033
11.2. Online
11.3. Offline
12. China Travel and tourism Market Forecast, 2019-2033 (USD Million)
12.1. China Travel and tourism Market Size and Market Share
13. China Travel and tourism Market, By Type, 2019-2033 (USD Million)
13.1. China Travel and tourism Market Size and Market Share By Type (2019-2026)
13.2. China Travel and tourism Market Size and Market Share By Type (2027-2033)
14. China Travel and tourism Market, By Application, 2019-2033 (USD Million)
14.1. China Travel and tourism Market Size and Market Share By Application (2019-2026)
14.2. China Travel and tourism Market Size and Market Share By Application (2027-2033)
15. China Travel and tourism Market, By Traveler Type, 2019-2033 (USD Million)
15.1. China Travel and tourism Market Size and Market Share By Traveler Type (2019-2026)
15.2. China Travel and tourism Market Size and Market Share By Traveler Type (2027-2033)
16. China Travel and tourism Market, By Travel Days, 2019-2033 (USD Million)
16.1. China Travel and tourism Market Size and Market Share By Travel Days (2019-2026)
16.2. China Travel and tourism Market Size and Market Share By Travel Days (2027-2033)
17. China Travel and tourism Market, By Booking, 2019-2033 (USD Million)
17.1. China Travel and tourism Market Size and Market Share By Booking (2019-2026)
17.2. China Travel and tourism Market Size and Market Share By Booking (2027-2033)
18. China Travel and tourism Market, By Region, 2019-2033 (USD Million)
18.1. China Travel and tourism Market Size and Market Share By Region (2019-2026)
18.2. China Travel and tourism Market Size and Market Share By Region (2027-2033)
18.3. Eastern Region
18.4. Western Region
18.5. Southern Region
18.6. Northern Region
19. Company Profile
19.1. Agate Travel
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Great Tibet Tour
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Intrepid Travel
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Silk Road Trips
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Travel China Guide Tours
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Truly China Travel
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
