South Africa Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Travel & Tourism in South Africa 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 South African travel and tourism industry had total revenues of $40.7 billion in 2022, representing a negative compound annual rate of change (CARC) of 1.7% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $29.6 billion, equivalent to 72.7% of the industry's overall value.
- With the removal of governmental restrictions, western tourists are returning to country. According to Statistics South Africa, in March 2022, the number of foreign travellers across the country reached 906,996 as compared to 420,893 in March 2021, witnessing a growth of 115.5%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in South Africa
- 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 South Africa travel & tourism market with five year forecasts
- What was the size of the South Africa travel & tourism market by value in 2022?
- What will be the size of the South Africa travel & tourism market in 2027?
- What factors are affecting the strength of competition in the South Africa travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa'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. Who are the leading players in the hotels and motels industry?
- 7.5. What strategies do the leading players follow?
- 7.6. What are the strengths of leading players?
- 7.7. How is technology being used by these leading companies?
- 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. Famous Brands Ltd (Foodservice)
- 8.2. McDonald's Corp
- 8.3. Tsogo Sun Gaming Limited
- 8.4. Marriott International Inc
- 8.5. Yum! Brands, Inc.
- 8.6. Spur Corporation Ltd
- 8.7. InterContinental Hotels Group Plc
- 8.8. International Consolidated Airlines Group SA
- 8.9. City Lodge Hotels Ltd
- 8.10. South African Express Airways (Pty) Ltd
- 8.11. South African Airways SOC
- 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: South Africa travel & tourism industry value: $ billion, 2017-22(e)
- Table 2: South Africa travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
- Table 3: South Africa travel & tourism industry category segmentation: $ billion, 2017-2022
- Table 4: South Africa travel & tourism industry geography segmentation: $ billion, 2022(e)
- Table 5: South Africa travel & tourism industry value forecast: $ billion, 2022-27
- Table 6: Famous Brands Ltd (Foodservice): key facts
- Table 7: Famous Brands Ltd (Foodservice): Annual Financial Ratios
- Table 8: Famous Brands Ltd (Foodservice): 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: Tsogo Sun Gaming Limited: key facts
- Table 15: Tsogo Sun Gaming Limited: Annual Financial Ratios
- Table 16: Tsogo Sun Gaming Limited: Key Employees
- Table 17: Marriott International Inc: key facts
- Table 18: Marriott International Inc: Annual Financial Ratios
- Table 19: Marriott International Inc: Key Employees
- Table 20: Marriott International Inc: Key Employees Continued
- Table 21: Marriott International Inc: Key Employees Continued
- Table 22: Marriott International Inc: Key Employees Continued
- Table 23: Yum! Brands, Inc.: key facts
- Table 24: Yum! Brands, Inc.: Annual Financial Ratios
- Table 25: Yum! Brands, Inc.: Key Employees
- Table 26: Yum! Brands, Inc.: Key Employees Continued
- Table 27: Spur Corporation Ltd: key facts
- Table 28: Spur Corporation Ltd: Annual Financial Ratios
- Table 29: Spur Corporation Ltd: Key Employees
- Table 30: InterContinental Hotels Group Plc: key facts
- Table 31: InterContinental Hotels Group Plc: Annual Financial Ratios
- Table 32: InterContinental Hotels Group Plc: Key Employees
- Table 33: InterContinental Hotels Group Plc: Key Employees Continued
- Table 34: InterContinental Hotels Group Plc: Key Employees Continued
- Table 35: International Consolidated Airlines Group SA: key facts
- Table 36: International Consolidated Airlines Group SA: Annual Financial Ratios
- Table 37: International Consolidated Airlines Group SA: Key Employees
- Table 38: City Lodge Hotels Ltd: key facts
- Table 39: City Lodge Hotels Ltd: Annual Financial Ratios
- Table 40: City Lodge Hotels Ltd: Key Employees
- Table 41: South African Express Airways (Pty) Ltd: key facts
- Table 42: South African Express Airways (Pty) Ltd: Key Employees
- Table 43: South African Airways SOC: key facts
- Table 44: South African Airways SOC: Key Employees
- Table 45: South Africa size of population (million), 2018-22
- Table 46: South Africa gdp (constant 2005 prices, $ billion), 2018-22
- Table 47: South Africa gdp (current prices, $ billion), 2018-22
- Table 48: South Africa inflation, 2018-22
- Table 49: South Africa consumer price index (absolute), 2018-22
- Table 50: South Africa exchange rate, 2018-22
- List of Figures
- Figure 1: South Africa travel & tourism industry value: $ billion, 2017-22(e)
- Figure 2: South Africa travel & tourism industry category segmentation: $ billion, 2017-2022
- Figure 3: South Africa travel & tourism industry geography segmentation: % share, by value, 2022(e)
- Figure 4: South Africa travel & tourism industry value forecast: $ billion, 2022-27
- Figure 5: Forces driving competition in the travel & tourism industry in South Africa, 2022
- Figure 6: Drivers of buyer power in the travel & tourism industry in South Africa, 2022
- Figure 7: Drivers of supplier power in the travel & tourism industry in South Africa, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in South Africa, 2022
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in South Africa, 2022
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in South Africa, 2022
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