North America LGBTQ Tourism Market Size, Share & Trends Analysis Report By Tour Type (Solo, Couple, Group), By Age Group, By Budget, By Destination, By Booking Mode, By Region, And Segment Forecasts, 2024 - 2030
North America LGBTQ Tourism Market Size, Share & Trends Analysis Report By Tour Type (Solo, Couple, Group), By Age Group, By Budget, By Destination, By Booking Mode, By Region, And Segment Forecasts, 2024 - 2030
North America LGBTQ Tourism Market Growth & Trends
The North America LGBTQ tourism market size is anticipated to reach USD 113.43 billion by 2030, registering growth at a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The influence of social media and digital platforms is also pivotal in driving the market. Social media platforms such as Instagram, Facebook, and LGBTQ-specific travel websites and apps provide a wealth of information, reviews, and recommendations for LGBTQ-friendly destinations and experiences. These platforms enable travelers to connect with others and share their experiences. For LGBTQ travelers, these digital resources play a crucial role in travel planning and decision-making, making it easier to find and book trips that align with their preferences and ensure a welcoming environment.
Moreover, the increasing popularity of LGBTQ cruises drives market adoption. Cruise lines offer specialized LGBTQ-themed cruises that provide a safe environment for LGBTQ travelers. These cruises often feature exclusive events, entertainment, and excursions tailored to the LGBTQ community. They also offer an opportunity for LGBTQ individuals to connect with others in a relaxed and inclusive setting.
Furthermore, the growing emphasis on experiential and niche travel experiences shapes the market. It includes cultural and historical tours highlighting LGBTQ heritage, adventure travel, wellness retreats, and immersive local experiences. Travel providers are responding to this trend by offering specialized packages and tours that cater to the interests and preferences of LGBTQ travelers.
North America LGBTQ Tourism Market Report Highlights
Based on tour type, the solo tour segment led the market with the largest revenue share of 50.7% in 2023. Increasing social acceptance and legal protections encourage LGBTQ individuals to travel independently and explore new destinations alone
Based on age group, the 25 – 45 years segment led the market with the largest revenue share in 2023. The 25-45 age group shows a growing interest in sustainable and eco-friendly travel options, driving demand for destinations prioritizing environmental responsibility
Based on budget, the luxury segment is expected to witness the fastest CAGR during the forecast period. The need for privacy and comfort in their travel experiences drives luxury LGBTQ travelers to choose destinations and accommodations that guarantee discretion and high standards of comfort
Based on destination, the international segment is expected to witness the fastest CAGR over the forecast period. Robust legal protections and a high safety standard for LGBTQ individuals in North America drive the market
Based on booking mode, the direct booking segment dominated the market in 2023 and is expected to dominate throughout the forecast period. Direct booking allows travelers complete control over their itineraries, including accommodations and activities, ensuring a tailored and satisfying experience
The U.S. dominated the regional market, accounting for a 65.7% share in 2023. High-profile LGBTQ events and Pride celebrations, such as New York City Pride and San Francisco Pride, encourage tourists worldwide to participate in these large-scale festivities
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