Travel Services Market in India 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	136 Pages	TechNavio	August, 2023	INF18180392

Best Price Guarantee
Price	from $2,500
Length	136 Pages
Publisher	TechNavio
Published Date	August, 2023
SKU	INF18180392

Travel Services Market In India 2023-2027

The travel services market in India is forecasted to grow by USD 13,462.48 mn during 2022-2027, accelerating at a CAGR of 11.72% during the forecast period. The report on the travel services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of M and A, partnerships, and strategic alliances, increasing international tourist footfall, and rising adoption of online payment platforms.

Technavio's travel services market in India is segmented as below:

By Mode Of Booking

Online
Offline

By Service

Domestic flight services
Hotel accommodation services
Rail ticket services
Cab services
Others

This study identifies the introduction of low-cost airlines as one of the prime reasons driving the travel services market in India growth during the next few years. Also, increased contribution of travel and tourism to India's GDP and employment and technological advances in mobile-based and website-based travel service platforms will lead to sizable demand in the market.

The report on the travel services market in India covers the following areas:

Travel services market sizing in India
Travel services market forecast in India
Travel services market industry analysis in India

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel services market in India vendors that include Airbnb Inc., ANI Technologies Pvt. Ltd., Booking Holdings Inc., Cleartrip Pvt. Ltd., Cox and Kings Ltd., Easy Trip Planners Ltd., Expedia Group Inc., Indian Railway Catering and Tourism Corp. Ltd., ITC Ltd., Kesari Tours Pvt. Ltd., Le Travenues Technology Ltd, Mahindra and Mahindra Ltd., MakeMyTrip Ltd., Oravel Stays Ltd., The Travel Corp, Thomas Cook (India) Ltd., Treebo Hotels, TripAdvisor Inc., Uber Technologies Inc., and Yatra Online Inc. Also, the travel services market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Country Market Characteristics
  - Table Executive Summary – Chart on Market Segmentation by Mode of Booking
  - Table Executive Summary – Chart on Market Segmentation by Service
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on India - Market size and forecast 2022-2027 ($ million)
  - Table Chart on India: Year-over-year growth 2022-2027 (%)
  - Table Data Table on India: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Travel services market in India 2017 - 2021
  - Table Historic Market Size – Data Table on travel services market in India 2017 - 2021 ($ million)
- Mode Of Booking Segment Analysis 2017 - 2021
  - Table Historic Market Size – Mode Of Booking Segment 2017 - 2021 ($ million)
- Service Segment Analysis 2017 - 2021
  - Table Historic Market Size – Service Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Mode of Booking
- Market segments
  - Table Chart on Mode of Booking - Market share 2022-2027 (%)
  - Table Data Table on Mode of Booking - Market share 2022-2027 (%)
- Comparison by Mode of Booking
  - Table Chart on Comparison by Mode of Booking
  - Table Data Table on Comparison by Mode of Booking
- Online - Market size and forecast 2022-2027
  - Table Chart on Online - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Online - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Online - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Online - Year-over-year growth 2022-2027 (%)
- Offline - Market size and forecast 2022-2027
  - Table Chart on Offline - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Offline - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Offline - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
- Market opportunity by Mode of Booking
  - Table Market opportunity by Mode of Booking ($ million)
  - Table Data Table on Market opportunity by Mode of Booking ($ million)
Market Segmentation by Service
- Market segments
  - Table Chart on Service - Market share 2022-2027 (%)
  - Table Data Table on Service - Market share 2022-2027 (%)
- Comparison by Service
  - Table Chart on Comparison by Service
  - Table Data Table on Comparison by Service
- Domestic flight services - Market size and forecast 2022- 2027
  - Table Chart on Domestic flight services - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Domestic flight services - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Domestic flight services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Domestic flight services - Year-over-year growth 2022-2027 (%)
- Hotel accommodation services - Market size and forecast 2022-2027
  - Table Chart on Hotel accommodation services - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Hotel accommodation services - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Hotel accommodation services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hotel accommodation services - Year-over-year growth 2022-2027 (%)
- Rail ticket services - Market size and forecast 2022-2027
  - Table Chart on Rail ticket services - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Rail ticket services - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Rail ticket services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Rail ticket services - Year-over-year growth 2022-2027 (%)
- Cab services - Market size and forecast 2022-2027
  - Table Chart on Cab services - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Cab services - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Cab services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Cab services - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Service
  - Table Market opportunity by Service ($ million)
  - Table Data Table on Market opportunity by Service ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Increase in number of M and A, partnerships, and strategic alliances
  - Increasing international tourist footfall
  - Rising adoption of online payment platforms
- Market challenges
  - Intense competition among players leading to price wars
  - Challenges in expanding online travel services to remote locations
  - Operational challenges for tour and holiday package service providers
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Introduction of low-cost airlines
  - Increased contribution of travel and tourism to India’s GDP and employment
  - Technological advances in mobile-based and website-based travel service platforms
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Airbnb Inc.
  - Table Airbnb Inc. - Overview
  - Table Airbnb Inc. - Product / Service
  - Table Airbnb Inc. - Key offerings
- ANI Technologies Pvt. Ltd.
  - Table ANI Technologies Pvt. Ltd. - Overview
  - Table ANI Technologies Pvt. Ltd. - Product / Service
  - Table ANI Technologies Pvt. Ltd. - Key offerings
- Booking Holdings Inc.
  - Table Booking Holdings Inc. - Overview
  - Table Booking Holdings Inc. - Business segments
  - Table Booking Holdings Inc. - Key news
  - Table Booking Holdings Inc. - Key offerings
  - Table Booking Holdings Inc. - Segment focus
- Cleartrip Pvt. Ltd.
  - Table Cleartrip Pvt. Ltd. - Overview
  - Table Cleartrip Pvt. Ltd. - Product / Service
  - Table Cleartrip Pvt. Ltd. - Key offerings
- Cox and Kings Ltd.
  - Table Cox and Kings Ltd. - Overview
  - Table Cox and Kings Ltd. - Product / Service
  - Table Cox and Kings Ltd. - Key offerings
- Expedia Group Inc.
  - Table Expedia Group Inc. - Overview
  - Table Expedia Group Inc. - Business segments
  - Table Expedia Group Inc. - Key offerings
  - Table Expedia Group Inc. - Segment focus
- Indian Railway Catering and Tourism Corp. Ltd.
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Overview
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Business segments
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Key offerings
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Segment focus
- ITC Ltd.
  - Table ITC Ltd. - Overview
  - Table ITC Ltd. - Business segments
  - Table ITC Ltd. - Key offerings
  - Table ITC Ltd. - Segment focus
- Kesari Tours Pvt. Ltd.
  - Table Kesari Tours Pvt. Ltd. - Overview
  - Table Kesari Tours Pvt. Ltd. - Product / Service
  - Table Kesari Tours Pvt. Ltd. - Key offerings
- Le Travenues Technology Ltd
  - Table Le Travenues Technology Ltd - Overview
  - Table Le Travenues Technology Ltd - Product / Service
  - Table Le Travenues Technology Ltd - Key offerings
- Mahindra and Mahindra Ltd.
  - Table Mahindra and Mahindra Ltd. - Overview
  - Table Mahindra and Mahindra Ltd. - Business segments
  - Table Mahindra and Mahindra Ltd. - Key news
  - Table Mahindra and Mahindra Ltd. - Key offerings
  - Table Mahindra and Mahindra Ltd. - Segment focus
- MakeMyTrip Ltd.
  - Table MakeMyTrip Ltd. - Overview
  - Table MakeMyTrip Ltd. - Business segments
  - Table MakeMyTrip Ltd. - Key offerings
  - Table MakeMyTrip Ltd. - Segment focus
- Oravel Stays Ltd.
  - Table Oravel Stays Ltd. - Overview
  - Table Oravel Stays Ltd. - Product / Service
  - Table Oravel Stays Ltd. - Key offerings
- Thomas Cook (India) Ltd.
  - Table Thomas Cook (India) Ltd. - Overview
  - Table Thomas Cook (India) Ltd. - Business segments
  - Table Thomas Cook (India) Ltd. - Key offerings
  - Table Thomas Cook (India) Ltd. - Segment focus
- Yatra Online Inc.
  - Table Yatra Online Inc. - Overview
  - Table Yatra Online Inc. - Business segments
  - Table Yatra Online Inc. - Key offerings
  - Table Yatra Online Inc. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations