Germany Travel and Tourism Market Summary and Forecast
Summary
Travel & Tourism in Germany 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 & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
- The German travel & tourism industry had total revenues of $129 billion in 2022, representing a compound annual growth rate (CAGR) of -3.4% between 2017 and 2022.
- The passenger airlines segment accounted for the industry's largest proportion in 2022, with total revenues of $34 billion, equivalent to 26.4% of the industry's overall value.
- The growth of the industry is attributed to rising leisure and business tourism, growth in the hotel and motel industry, an increasing number of global events attracting large visitors, boosting infrastructure development, easing mobility, and emerging adventure tourists. For instance, according to GlobalData, the proportion of travel and tourism in the GDP of Germany increased to 2.31% in 2022 from 1.32% in the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Germany
- 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 Germany travel & tourism market with five year forecasts
- What was the size of the Germany travel & tourism market by value in 2022?
- What will be the size of the Germany travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Germany travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany'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?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Accor SA
- 8.2. Booking Holdings Inc
- 8.3. McDonald's Corp
- 8.4. Deutsche Lufthansa AG
- 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: Germany travel & tourism industry value: $ million, 2017–22
- Table 2: Germany travel & tourism industry category segmentation: % share, by value, 2017–2022
- Table 3: Germany travel & tourism industry category segmentation: $ million, 2017-2022
- Table 4: Germany travel & tourism industry geography segmentation: $ million, 2022
- Table 5: Germany travel & tourism industry value forecast: $ million, 2022–27
- Table 6: Accor SA: key facts
- Table 7: Accor SA: Annual Financial Ratios
- Table 8: Accor SA: Key Employees
- Table 9: Accor SA: Key Employees Continued
- Table 10: Booking Holdings Inc: key facts
- Table 11: Booking Holdings Inc: Annual Financial Ratios
- Table 12: Booking Holdings Inc: Key Employees
- Table 13: McDonald's Corp: key facts
- Table 14: McDonald's Corp: Annual Financial Ratios
- Table 15: McDonald's Corp: Key Employees
- Table 16: McDonald's Corp: Key Employees Continued
- Table 17: Deutsche Lufthansa AG: key facts
- Table 18: Deutsche Lufthansa AG: Annual Financial Ratios
- Table 19: Deutsche Lufthansa AG: Key Employees
- Table 20: Deutsche Lufthansa AG: Key Employees Continued
- Table 21: Germany size of population (million), 2018–22
- Table 22: Germany gdp (constant 2005 prices, $ billion), 2018–22
- Table 23: Germany gdp (current prices, $ billion), 2018–22
- Table 24: Germany inflation, 2018–22
- Table 25: Germany consumer price index (absolute), 2018–22
- Table 26: Germany exchange rate, 2018–22
- List of Figures
- Figure 1: Germany travel & tourism industry value: $ million, 2017–22
- Figure 2: Germany travel & tourism industry category segmentation: $ million, 2017-2022
- Figure 3: Germany travel & tourism industry geography segmentation: % share, by value, 2022
- Figure 4: Germany travel & tourism industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Germany, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Germany, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Germany, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Germany, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Germany, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Germany, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook