Travel & Tourism in Peru
Summary
Travel & Tourism in Peru industry profile provides top-line qualitative and quantitative summary information including: 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 Peruvian travel & tourism industry recorded revenues of $12.6 billion in 2023, representing a compound annual growth rate (CAGR) of 1.5% between 2018 and 2023.
- The passenger airlines segment accounted for the industry's largest proportion in 2023, with total revenues of $6.2 billion, equivalent to 48.9% 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 Peru reached $3.1 billion in 2023, reflecting a 6.7% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in Peru
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Peru
- 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 Peru travel & tourism market with five year forecasts by both value and volume
- What was the size of the Peru travel & tourism market by value in 2023?
- What will be the size of the Peru travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Peru travel & tourism market?
- How has the market performed over the last five years?
- How large is Peru’s travel & tourism market in relation to its regional counterparts?
- 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. LATAM Airlines Group SA
- 8.2. Booking Holdings Inc
- 8.3. Accor SA
- 8.4. McDonald's Corp
- 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: Peru travel & tourism industry value: $ million, 2018-23
- Table 2: Peru travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Peru travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Peru travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Peru travel & tourism industry value forecast: $ million, 2023-28
- Table 6: LATAM Airlines Group SA: Key Facts
- Table 7: LATAM Airlines Group SA: Annual Financial Ratios
- Table 8: LATAM Airlines Group SA: Key Employees
- Table 9: Booking Holdings Inc: Key Facts
- Table 10: Booking Holdings Inc: Annual Financial Ratios
- Table 11: Booking Holdings Inc: Key Employees
- Table 12: Accor SA: Key Facts
- Table 13: Accor SA: Annual Financial Ratios
- Table 14: Accor SA: Key Employees
- Table 15: Accor SA: Key Employees Continued
- Table 16: McDonald's Corp: Key Facts
- Table 17: McDonald's Corp: Annual Financial Ratios
- Table 18: McDonald's Corp: Key Employees
- Table 19: McDonald's Corp: Key Employees Continued
- Table 20: Peru Size of Population (million), 2019-23
- Table 21: Peru Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Peru GDP (Current Prices, $ Billion), 2019-23
- Table 23: Peru Inflation, 2019-23
- Table 24: Peru Consumer Price Index (Absolute), 2019-23
- Table 25: Peru Exchange Rate, 2018-23
- List of Figures
- Figure 1: Peru travel & tourism industry value: $ million, 2018-23
- Figure 2: Peru travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Peru travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Peru travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Peru, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Peru, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Peru, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Peru, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Peru, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Peru, 2023
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