Canada Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Travel & Tourism in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Canadian travel and tourism industry had total revenues of $169.1 billion in 2022, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $77.3 billion, equivalent to 45.7% of the industry's overall value.
- Canada is witnessing continuous growth in the number of international visitors across the country. The number of non-resident visitors entering Canada increased from 1.4 million in May 2022 to 2.5 million in August 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Canada
- 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 Canada travel & tourism market with five year forecasts
- What was the size of the Canada travel & tourism market by value in 2022?
- What will be the size of the Canada travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Canada travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's travel & tourism market?
- 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. How is technology being used by these leading companies?
- 7.9. What have been the most recent developments in the hotels and motels industry?
- 8 Company Profiles
- 8.1. Restaurant Brands International Inc
- 8.2. McDonald's Corp
- 8.3. Wyndham Hotels & Resorts Inc
- 8.4. Doctor's Associates Inc
- 8.5. Domino's Pizza, Inc.
- 8.6. Starbucks Corporation
- 8.7. Delta Air Lines Inc
- 8.8. American Airlines Inc
- 8.9. Choice Hotels International Inc
- 8.10. WestJet Airlines Ltd
- 8.11. Marriott International Inc
- 8.12. Air Canada
- 8.13. Best Western International Inc
- 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: Canada travel & tourism industry value: $ billion, 2017-22(e)
- Table 2: Canada travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
- Table 3: Canada travel & tourism industry category segmentation: $ billion, 2017-2022
- Table 4: Canada travel & tourism industry geography segmentation: $ billion, 2022(e)
- Table 5: Canada travel & tourism industry value forecast: $ billion, 2022-27
- Table 6: Restaurant Brands International Inc: key facts
- Table 7: Restaurant Brands International Inc: Annual Financial Ratios
- Table 8: Restaurant Brands International Inc: Key Employees
- Table 9: McDonald's Corp: key facts
- Table 10: McDonald's Corp: Annual Financial Ratios
- Table 11: McDonald's Corp: Key Employees
- Table 12: McDonald's Corp: Key Employees Continued
- Table 13: McDonald's Corp: Key Employees Continued
- Table 14: Wyndham Hotels & Resorts Inc: key facts
- Table 15: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
- Table 16: Wyndham Hotels & Resorts Inc: Key Employees
- Table 17: Doctor's Associates Inc: key facts
- Table 18: Doctor's Associates Inc: Key Employees
- Table 19: Domino's Pizza, Inc.: key facts
- Table 20: Domino's Pizza, Inc.: Annual Financial Ratios
- Table 21: Domino's Pizza, Inc.: Key Employees
- Table 22: Domino's Pizza, Inc.: Key Employees Continued
- Table 23: Starbucks Corporation: key facts
- Table 24: Starbucks Corporation: Annual Financial Ratios
- Table 25: Starbucks Corporation: Key Employees
- Table 26: Starbucks Corporation: Key Employees Continued
- Table 27: Starbucks Corporation: Key Employees Continued
- Table 28: Delta Air Lines Inc: key facts
- Table 29: Delta Air Lines Inc: Annual Financial Ratios
- Table 30: Delta Air Lines Inc: Key Employees
- Table 31: Delta Air Lines Inc: Key Employees Continued
- Table 32: American Airlines Inc: key facts
- Table 33: American Airlines Inc: Key Employees
- Table 34: Choice Hotels International Inc: key facts
- Table 35: Choice Hotels International Inc: Annual Financial Ratios
- Table 36: Choice Hotels International Inc: Key Employees
- Table 37: Choice Hotels International Inc: Key Employees Continued
- Table 38: WestJet Airlines Ltd: key facts
- Table 39: WestJet Airlines Ltd: Key Employees
- Table 40: WestJet Airlines Ltd: Key Employees Continued
- Table 41: Marriott International Inc: key facts
- Table 42: Marriott International Inc: Annual Financial Ratios
- Table 43: Marriott International Inc: Key Employees
- Table 44: Marriott International Inc: Key Employees Continued
- Table 45: Marriott International Inc: Key Employees Continued
- Table 46: Marriott International Inc: Key Employees Continued
- Table 47: Air Canada: key facts
- Table 48: Air Canada: Annual Financial Ratios
- Table 49: Air Canada: Key Employees
- Table 50: Air Canada: Key Employees Continued
- Table 51: Best Western International Inc: key facts
- Table 52: Best Western International Inc: Key Employees
- Table 53: Canada size of population (million), 2018-22
- Table 54: Canada gdp (constant 2005 prices, $ billion), 2018-22
- Table 55: Canada gdp (current prices, $ billion), 2018-22
- Table 56: Canada inflation, 2018-22
- Table 57: Canada consumer price index (absolute), 2018-22
- Table 58: Canada exchange rate, 2018-22
- List of Figures
- Figure 1: Canada travel & tourism industry value: $ billion, 2017-22(e)
- Figure 2: Canada travel & tourism industry category segmentation: $ billion, 2017-2022
- Figure 3: Canada travel & tourism industry geography segmentation: % share, by value, 2022(e)
- Figure 4: Canada travel & tourism industry value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the travel & tourism industry in Canada, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Canada, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Canada, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Canada, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Canada, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Canada, 2022
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