Travel & Tourism in Kazakhstan
Summary
Travel & Tourism in Kazakhstan industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Kazakhstani travel & tourism industry recorded revenues of $3.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.4% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $1.7 billion, equivalent to 48.3% of the industry's overall value.
- In 2023, the industry experienced a significant value increase, recovering from recent declines, primarily driven by increasing capital investment, 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 Kazakhstan reached $2.8 billion in 2023, reflecting a 5.9% 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 Kazakhstan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Kazakhstan
- 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 Kazakhstan travel & tourism market with five year forecasts
- What was the size of the Kazakhstan travel & tourism market by value in 2023?
- What will be the size of the Kazakhstan travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Kazakhstan travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Kazakhstan'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 strengths and strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Air Astana JSC
- 8.2. KFC Corp
- 8.3. Accor SA
- 8.4. Hilton Worldwide Holdings 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: Kazakhstan travel & tourism industry value: $ million, 2018-23
- Table 2: Kazakhstan travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Kazakhstan travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Kazakhstan travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Kazakhstan travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Air Astana JSC: key facts
- Table 7: Air Astana JSC: Annual Financial Ratios
- Table 8: Air Astana JSC: Key Employees
- Table 9: KFC Corp: key facts
- Table 10: KFC Corp: Key Employees
- Table 11: Accor SA: key facts
- Table 12: Accor SA: Annual Financial Ratios
- Table 13: Accor SA: Key Employees
- Table 14: Accor SA: Key Employees Continued
- Table 15: Hilton Worldwide Holdings Inc: key facts
- Table 16: Hilton Worldwide Holdings Inc: Annual Financial Ratios
- Table 17: Hilton Worldwide Holdings Inc: Key Employees
- Table 18: Hilton Worldwide Holdings Inc: Key Employees Continued
- Table 19: Kazakhstan Size of Population (million), 2019-23
- Table 20: Kazakhstan real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 21: Kazakhstan GDP (Current Prices, $ Billion), 2019-23
- Table 22: Kazakhstan Inflation, 2019-23
- Table 23: Kazakhstan Consumer Price Index (Absolute), 2019-23
- Table 24: Kazakhstan Exchange Rate, 2018-23
- List of Figures
- Figure 1: Kazakhstan travel & tourism industry value: $ million, 2018-23
- Figure 2: Kazakhstan travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Kazakhstan travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Kazakhstan travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Kazakhstan, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Kazakhstan, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Kazakhstan, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Kazakhstan, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Kazakhstan, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Kazakhstan, 2023
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