India Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update

India Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update

Summary

GlobalData’s Tourism Source Market Insight: India's report provides a thorough insight into the Indian domestic and outbound tourism market. The report looks at the profiles of Indian tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into India's outbound travel market.

Key Highlights

Unlike many other source markets globally, where a common trend is for leisure to be the leading purpose of travel, the Indian source market takes a different position as business travel dominates and accounts for xx% of outbound travel in 2022.

The retail sector accounted for xx% of total outbound expenditure and will continue to command the largest segment of outbound tourism spending. However, the retail sector was one of the hardest hit by COVID-19 with spending declining by xx% from 2019 to 2021.

Yet in 2022, total outbound retail spending reached $xx billion. India also ranks as the fourth highest average overseas expenditure in the retail sector, with a spend of $xx per tourist, behind the US.

Scope

• This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as current and future opportunities for tourism businesses seeking to tap into India's outbound travel market.

Reasons to Buy

• This report provides clear insight into developments in India's domestic and outbound tourism markets.
• The report uses data and analysis to discuss future trends related to domestic trips, international departures, traveler spending, and main destination markets.
• The report explores the different profiles of Indian tourists and the reasons that they travel, hence providing an insight into the trends in different segments of the market.
• The reader gains a strong understanding of the opportunities in the country, as well as the risks, to support better business decisions.