Global Business Trip Market Growth (Status and Outlook) 2025-2031

The global Business Trip market size is predicted to grow from US$ 957390 million in 2025 to US$ 2267810 million in 2031; it is expected to grow at a CAGR of 15.5% from 2025 to 2031.

A business trip refers to a journey taken by an individual or a group of individuals for business-related purposes. The primary goal of a business trip is typically to conduct business activities, such as meetings, conferences, negotiations, training sessions, or any other tasks associated with the individual"s or company"s professional responsibilities.

In 2022, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2022, a two-fold increase compared to 2021. In 2022, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2021. According to data from the Ministry of Culture and Tourism of China, in 2022, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.

LPI (LP Information)' newest research report, the “Business Trip Industry Forecast” looks at past sales and reviews total world Business Trip sales in 2024, providing a comprehensive analysis by region and market sector of projected Business Trip sales for 2025 through 2031. With Business Trip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Business Trip industry.

This Insight Report provides a comprehensive analysis of the global Business Trip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Business Trip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Business Trip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Business Trip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Business Trip.

This report presents a comprehensive overview, market shares, and growth opportunities of Business Trip market by product type, application, key players and key regions and countries.

Segmentation by Type:
Passport and Visa
Hotel Accommodation
Travel Emergency Service
Others

Segmentation by Application:
Personal
Business Organization
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
WorldTravelService
BCD Travel
Corporate Travel Service
JTB Business Travel
Schiphol Travel International
CWT Solutions
GTI Travel
Corporate Traveler
FOREST TRAVEL
Travel Solutions International USA

Please note: The report will take approximately 2 business days to prepare and deliver.