Shopping Tourism Market, By Product Type (Fashion & Accessories, Beauty & Cosmetics, Electronics, Food & Beverage, Others), By End User (Men, Women, Others), By Purpose of Trip (Leisure, Medical , Business, Education), By Geography (North America, Latin A
Description
The global shopping tourism market has been witnessing steady growth over the past few years. Shopping tourism refers to the activity of traveling to purchase goods and avail shopping experiences. Increased globalization and rising disposable incomes have boosted international travel for shopping purposes. Consumers are exploring new destinations not just for leisure and sightseeing but also for availing attractive offers and unique products available abroad. Popular shopping destinations include countries like the U.S., U.K., Italy, France, UAE, and Japan. Ease of travel, foreign exchange rates, and duty-free concessions have further propelled the growth of shopping tourism worldwide.
Market Dynamics:
Key drivers boosting the global shopping tourism market include rising international tourism, improving standards of living, and social media influence. Additionally, growing wages and spending power of consumers, especially in emerging economies are fueling overseas shopping. Social networking platforms have also played a pivotal role in promoting unique products and experiences abroad, luring more shoppers. However, volatility in currency exchange rates and import duties remain longstanding challenges for cross-border shoppers. Also, the outbreak of COVID-19 pandemic severely impacted international travel and shopping tourism in 2020. However, recovery is underway post containment of the virus.
Key Features of the Study:
Market Dynamics:
Key drivers boosting the global shopping tourism market include rising international tourism, improving standards of living, and social media influence. Additionally, growing wages and spending power of consumers, especially in emerging economies are fueling overseas shopping. Social networking platforms have also played a pivotal role in promoting unique products and experiences abroad, luring more shoppers. However, volatility in currency exchange rates and import duties remain longstanding challenges for cross-border shoppers. Also, the outbreak of COVID-19 pandemic severely impacted international travel and shopping tourism in 2020. However, recovery is underway post containment of the virus.
Key Features of the Study:
- This report provides in-depth analysis of the global shopping tourism market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global shopping tourism market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Japan Deluxe Tours, Trafalgar Tours, EF Educational Tours, The Shopping Sherpa, Luxury Escapes, Costco Travel, AAA Vacations, Travel + Leisure, Context Travel, Intrepid Travel, Tauck Tours, Backroads, Country Walkers, G Adventures, World Expeditions, AdventureSmith Explorations, Esquire Travel, and Abercrombie & Kent
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global shopping tourism market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global shopping tourism market.
- By Product Type:
- Fashion & Accessories
- Beauty & Cosmetics
- Electronics
- Food & Beverage
- Others
- By End User:
- Men
- Women
- Others
- By Purpose of Trip:
- Leisure
- Medical
- Business
- Education
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Japan Deluxe Tours
- Trafalgar Tours
- EF Educational Tours
- The Shopping Sherpa
- Luxury Escapes
- Costco Travel
- AAA Vacations
- Travel + Leisure
- Context Travel
- Intrepid Travel
- Tauck Tours
- Backroads
- Country Walkers
- G Adventures
- World Expeditions
- AdventureSmith Explorations
- Esquire Travel
- Abercrombie & Kent
Table of Contents
125 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Purpose of Trip
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER’s Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
- 4. Global Shopping Tourism Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Shopping Tourism Market – COVID-19
- Impact Analysis
- 5. Global Shopping Tourism Market, By Product Type, 2020-2032 (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Fashion & Accessories
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Beauty & Cosmetics
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Electronics
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Food & Beverage
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Others
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- 6. Global Shopping Tourism Market, By End User, 2020-2032 (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Men
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Women
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Others
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- 7. Global Shopping Tourism Market, By Purpose of Trip, 2020-2032 (US$ Bn)
- Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Leisure
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Medical
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Business
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- Education
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
- 8. Global Shopping Tourism Market, By Region, 2020-2032 (US$ BN)
- Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- North America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Market Size and Forecast, By Product Type, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By Purpose of Trip, 2020- 2032 (US$ Bn)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Market Size and Forecast, By Product Type, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By Purpose of Trip, 2020- 2032 (US$ Bn)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Market Size and Forecast, By Product Type, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By Purpose of Trip, 2020- 2032 (US$ Bn)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
- Market Size and Forecast, By Product Type, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By Purpose of Trip, 2020- 2032 (US$ Bn)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2032
- Market Size and Forecast, By Product Type, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By End User, 2020- 2032 (US$ Bn)
- Market Size and Forecast, By Purpose of Trip, 2020- 2032 (US$ Bn)
- Sub-regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
- 9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Japan Deluxe Tours
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Trafalgar Tours
- EF Educational Tours
- The Shopping Sherpa
- Luxury Escapes
- Costco Travel
- AAA Vacations
- Travel + Leisure
- Context Travel
- Intrepid Travel
- Tauck Tours
- Backroads
- Country Walkers
- G Adventures
- World Expeditions
- AdventureSmith Explorations
- Esquire Travel
- Abercrombie & Kent
- 10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 11. Section
- References
- Research Methodology
- About Us and Sales Contact
- * Browse 50 market data tables* and 40 figures* on “Global Shopping Tourism Market” - forecast to 2032.
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