Asia-Pacific (APAC) Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Travel & Tourism in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
- The Asia-Pacific travel and tourism industry had total revenues of $2,739.8 billion in 2022, representing a compound annual growth rate (CAGR) of 1.3% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $1,445.5 billion, equivalent to 52.8% of the industry's overall value.
- According to MarketLine, in 2022, China accounted for a share of 41.3% and was the largest travel and tourism industry in the Asia-Pacific region followed by Japan and India, holding a share of 15.7% and 8.3%, respectively.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Asia-Pacific
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific travel & tourism market with five year forecasts
- What was the size of the Asia-Pacific travel & tourism market by value in 2022?
- What will be the size of the Asia-Pacific travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific travel & tourism market?
- How has the market performed over the last five years?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the foodservice industry?
- 7.2. What strategies do these leading players follow?
- 7.3. How is technology being used by these leading companies?
- 7.4. How are consumer and cultural trends impacting foodservice companies?
- 7.5. Who are the leading players in the hotels and motels industry?
- 7.6. What strategies do the leading players follow?
- 7.7. What are the strengths of leading players?
- 7.8. Are there any threats to these leading players?
- 7.9. What have been the most recent developments in the hotels and motels industry?
- 8 Company Profiles
- 8.1. McDonald's Corp
- 8.2. Yum! Brands, Inc.
- 8.3. H World Group Ltd
- 8.4. Shanghai Jin Jiang Capital Co Ltd
- 8.5. Domino's Pizza, Inc.
- 8.6. Starbucks Corporation
- 8.7. Air China Ltd
- 8.8. China Eastern Airlines Corp Ltd
- 8.9. Wyndham Hotels & Resorts Inc
- 8.10. China Southern Airlines Co Ltd
- 8.11. Ana Holdings Inc
- 8.12. BTG Hotels Group Co Ltd
- 8.13. Qantas Airways Limited
- 8.14. GreenTree Hospitality Group Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Asia-Pacific travel & tourism industry value: $ billion, 2017–22(e)
- Table 2: Asia–Pacific travel & tourism industry category segmentation: % share, by value, 2017–2022(e)
- Table 3: Asia-Pacific travel & tourism industry category segmentation: $ billion, 2017-2022
- Table 4: Asia–Pacific travel & tourism industry geography segmentation: $ billion, 2022(e)
- Table 5: Asia-Pacific travel & tourism industry value forecast: $ billion, 2022–27
- Table 6: McDonald's Corp: key facts
- Table 7: McDonald's Corp: Annual Financial Ratios
- Table 8: McDonald's Corp: Key Employees
- Table 9: McDonald's Corp: Key Employees Continued
- Table 10: McDonald's Corp: Key Employees Continued
- Table 11: Yum! Brands, Inc.: key facts
- Table 12: Yum! Brands, Inc.: Annual Financial Ratios
- Table 13: Yum! Brands, Inc.: Key Employees
- Table 14: Yum! Brands, Inc.: Key Employees Continued
- Table 15: H World Group Ltd: key facts
- Table 16: H World Group Ltd: Annual Financial Ratios
- Table 17: H World Group Ltd: Key Employees
- Table 18: Shanghai Jin Jiang Capital Co Ltd: key facts
- Table 19: Shanghai Jin Jiang Capital Co Ltd: Key Employees
- Table 20: Domino's Pizza, Inc.: key facts
- Table 21: Domino's Pizza, Inc.: Annual Financial Ratios
- Table 22: Domino's Pizza, Inc.: Key Employees
- Table 23: Domino's Pizza, Inc.: Key Employees Continued
- Table 24: Starbucks Corporation: key facts
- Table 25: Starbucks Corporation: Annual Financial Ratios
- Table 26: Starbucks Corporation: Key Employees
- Table 27: Starbucks Corporation: Key Employees Continued
- Table 28: Starbucks Corporation: Key Employees Continued
- Table 29: Air China Ltd: key facts
- Table 30: Air China Ltd: Annual Financial Ratios
- Table 31: Air China Ltd: Key Employees
- Table 32: China Eastern Airlines Corp Ltd: key facts
- Table 33: China Eastern Airlines Corp Ltd: Annual Financial Ratios
- Table 34: China Eastern Airlines Corp Ltd: Key Employees
- Table 35: Wyndham Hotels & Resorts Inc: key facts
- Table 36: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
- Table 37: Wyndham Hotels & Resorts Inc: Key Employees
- Table 38: China Southern Airlines Co Ltd: key facts
- Table 39: China Southern Airlines Co Ltd: Annual Financial Ratios
- Table 40: China Southern Airlines Co Ltd: Key Employees
- Table 41: Ana Holdings Inc: key facts
- Table 42: Ana Holdings Inc: Annual Financial Ratios
- Table 43: Ana Holdings Inc: Key Employees
- Table 44: Ana Holdings Inc: Key Employees Continued
- Table 45: BTG Hotels Group Co Ltd: key facts
- Table 46: BTG Hotels Group Co Ltd: Annual Financial Ratios
- Table 47: BTG Hotels Group Co Ltd: Key Employees
- Table 48: Qantas Airways Limited: key facts
- Table 49: Qantas Airways Limited: Annual Financial Ratios
- Table 50: Qantas Airways Limited: Key Employees
- Table 51: GreenTree Hospitality Group Ltd: key facts
- Table 52: Asia-Pacific exchange rate, 2018–22
- List of Figures
- Figure 1: Asia-Pacific travel & tourism industry value: $ billion, 2017–22(e)
- Figure 2: Asia-Pacific travel & tourism industry category segmentation: $ billion, 2017-2022
- Figure 3: Asia–Pacific travel & tourism industry geography segmentation: % share, by value, 2022(e)
- Figure 4: Asia-Pacific travel & tourism industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Asia-Pacific, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Asia-Pacific, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Asia-Pacific, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Asia-Pacific, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Asia-Pacific, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Asia-Pacific, 2022
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