Travel & Tourism in Germany
Summary
Travel & Tourism in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The German travel & tourism industry recorded revenues of $161.6 billion in 2023, representing a compound annual growth rate (CAGR) of 0.02% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $45.9 billion, equivalent to 28.4% of the industry's overall value.
- Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Germany reached $41.8 billion in 2023, reflecting a 4.3% increase from 2022.
- 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 by both value and volume
- What was the size of the Germany travel & tourism market by value in 2023?
- What will be the size of the Germany travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Germany travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in 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 are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Deutsche Lufthansa AG
- 8.2. TUI AG
- 8.3. Accor SA
- 8.4. McDonald’s Deutschland LLC
- 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, 2018-23
- Table 2: Germany travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Germany travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Germany travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Germany travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Deutsche Lufthansa AG: Key Facts
- Table 7: Deutsche Lufthansa AG: Annual Financial Ratios
- Table 8: Deutsche Lufthansa AG: Key Employees
- Table 9: Deutsche Lufthansa AG: Key Employees Continued
- Table 10: TUI AG: Key Facts
- Table 11: TUI AG: Annual Financial Ratios
- Table 12: TUI AG: Key Employees
- Table 13: TUI AG: Key Employees Continued
- Table 14: Accor SA: Key Facts
- Table 15: Accor SA: Annual Financial Ratios
- Table 16: Accor SA: Key Employees
- Table 17: Accor SA: Key Employees Continued
- Table 18: McDonald’s Deutschland LLC: Key Facts
- Table 19: McDonald’s Deutschland LLC: Key Employees
- Table 20: Germany Size of Population (million), 2019-23
- Table 21: Germany Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Germany GDP (Current Prices, $ Billion), 2019-23
- Table 23: Germany Inflation, 2019-23
- Table 24: Germany Consumer Price Index (Absolute), 2019-23
- Table 25: Germany Exchange Rate, 2018-23
- List of Figures
- Figure 1: Germany travel & tourism industry value: $ million, 2018-23
- Figure 2: Germany travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Germany travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Germany travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Germany, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Germany, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Germany, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Germany, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Germany, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Germany, 2023
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