Italy Travel and Tourism Market Summary and Forecast
Summary
Travel & Tourism in Italy 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 Italian travel & tourism industry had total revenues of $98.6 billion in 2022, representing a negative compound annual growth rate (CAGR) of 4.2% between 2017 and 2022.
- The hotels & motels segment accounted for the industry's largest proportion in 2022, with total revenues of $45.3 billion, equivalent to 46% of the industry's overall value.
- The growth of the industry is also 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 Italy increased to 4.91% in 2022 from 3.40% 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 Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Italy
- 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 Italy travel & tourism market with five year forecasts
- What was the size of the Italy travel & tourism market by value in 2022?
- What will be the size of the Italy travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Italy travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy'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. McDonald's Corp
- 8.2. Best Western International Inc
- 8.3. easyJet Airline Company Ltd
- 8.4. Lottomatica Group SpA
- 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: Italy travel & tourism industry value: $ million, 2017–22
- Table 2: Italy travel & tourism industry category segmentation: % share, by value, 2017–2022
- Table 3: Italy travel & tourism industry category segmentation: $ million, 2017-2022
- Table 4: Italy travel & tourism industry geography segmentation: $ million, 2022
- Table 5: Italy travel & tourism industry value forecast: $ million, 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: Best Western International Inc: key facts
- Table 11: Best Western International Inc: Key Employees
- Table 12: easyJet Airline Company Ltd: key facts
- Table 13: easyJet Airline Company Ltd: Key Employees
- Table 14: Lottomatica Group SpA: key facts
- Table 15: Italy size of population (million), 2018–22
- Table 16: Italy gdp (constant 2005 prices, $ billion), 2018–22
- Table 17: Italy gdp (current prices, $ billion), 2018–22
- Table 18: Italy inflation, 2018–22
- Table 19: Italy consumer price index (absolute), 2018–22
- Table 20: Italy exchange rate, 2018–22
- List of Figures
- Figure 1: Italy travel & tourism industry value: $ million, 2017–22
- Figure 2: Italy travel & tourism industry category segmentation: $ million, 2017-2022
- Figure 3: Italy travel & tourism industry geography segmentation: % share, by value, 2022
- Figure 4: Italy travel & tourism industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the travel & tourism industry in Italy, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in Italy, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in Italy, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Italy, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Italy, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Italy, 2022
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