LUXURY TRAVEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Luxury Travel Market, By Category (Adventure & Safari, Cruise, Rail Journey, Culinary Travelling & Shopping, Customized & Private Vacations, and Celebration), By Age Group (Millennials, Generation X, Baby Boomers, and Silver Hair), By Type (Domestic and International), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Published In: 21 Mar, 2025
Code: CMI2452
Pages: 160
Formats: Excel and PDF
Industry: Consumer Goods
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

Luxury travel includes an enhancing experience with a combination of most desirable destinations, luxurious and serene accommodations, convenient commute, and a royal traveling experience. Luxury travel can be categorized into adventure & safari, cruise, rail journey, culinary travelling & shopping, customized & private vacations, and celebration.

Market Dynamics

Among age group, baby boomers segment held a dominant position in the market in 2025, followed by millennials and generation X segments, owing to increasing disposable income in the age group. These generations have a continuous source of income, as the number of working individuals is continuously increasing. According to Ministry of Labour and Employment, on 27 Jan 2022, Employment is showing an increasing trend in the selected sectors of the economy: Union Minister for Labour & Employment The estimated employment increases from 3.14 crore of third quarter to 3.18 crore of 4th Quarter Manufacturing sector accounts for the largest percentage of the total number of workers Women far outnumber men among self-employed persons in Financial Services.

Increasing adoption of digital media has simplified the processes related to luxury travel industry. Bookings can be confirmed via online applications or websites, and payments can be made through credit cards, debit cards or any other online mode of payment. Social media platforms are useful for the customers as well as for the vendors. Travellers as well as the vendors constantly keep themselves updated with the latest trends related to the luxury traveling. This is attributed to increasing use of internet, smartphones, laptops, and tablets.

Key features of the study:

This report provides in-depth analysis of global luxury travel market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023- 2030), considering 2024 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global luxury travel market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Abercrombie & Kent USA, Absolute Travel, Inspiring Travel Company, TCS World Travel, TÜ ELITE, Cox & Kings Ltd., Travcoa, Micato Safaris, Scott Dunn Ltd., Kensington Tours Ltd., and Butterfield & Robinson Inc. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, Category up-gradation, market expansion, and marketing tactics
Global luxury travel market report caters to various stakeholders in this industry including investors, suppliers, luxury travel manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global luxury travel market

Detailed Segmentation:

Global Luxury Travel Market, By Category:
- Adventure & Safari
- Cruise
- Rail Journey
- Culinary Travelling & Shopping
- Customized & Private Vacations
- Celebration
Global Luxury Travel Market, By Age Group:
- Millennials
- Generation X
- Baby Boomers
- Silver hair
Global Luxury Travel Market, By Type:
- Domestic
- International
Global Luxury Travel Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - Italy
  - France
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
- Latin America
  - Brazil
  - Mexico
  - Rest of Latin America
- Middle East
  - GCC
  - Israel
  - Rest of Middle East
- Africa
  - Northern Africa
  - Central Africa
  - South Africa
Company Profiles
- Abercrombie & Kent USA *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Absolute Travel
- Inspiring Travel Company
- TCS World Travel
- TÜ ELITE
- Cox & Kings Ltd.
- Travcoa
- Micato Safaris
- Scott Dunn Ltd.
- Kensington Tours Ltd.
- Butterfield & Robinson

“*” marked represents similar segmentation in other categories in the respective section.

Detailed Segmentation:

Global Luxury Travel Market, By Category:
- Adventure & Safari
- Cruise
- Rail Journey
- Culinary Travelling & Shopping
- Customized & Private Vacations
- Celebration
Global Luxury Travel Market, By Age Group:
- Millennials
- Generation X
- Baby Boomers
- Silver hair
Global Luxury Travel Market, By Type:
- Domestic
- International
Global Luxury Travel Market, By Region:
- North America
  - U.S.
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Canada
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
- Europe
  - U.K.
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Germany
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Italy
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - France
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Russia
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Rest of Europe
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
- Asia Pacific
  - China
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - India
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Japan
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - ASEAN
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Australia
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - South Korea
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Rest of Asia Pacific
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
- Latin America
  - Brazil
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Mexico
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Rest of Latin America
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
- Middle East
  - GCC
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Israel
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Rest of Middle East
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
- Africa
  - Northern Africa
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - Central Africa
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International
  - South Africa
    - By Category:
      - Adventure & Safari
      - Cruise
      - Rail Journey
      - Culinary travelling & Shopping
      - Customized & Private vacations
      - Celebration
    - By Age Group:
      - Millennials
      - Generation X
      - Baby Boomers
      - Silver hair
    - By Type:
      - Domestic
      - International

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Current Industry Events of 2025, and Its Impact on the Market
Market Size Estimation – Historical (2020–2024), Current (2025), and Forecast (2025–2032)
Regional Breakdown – North America, Europe, Asia Pacific, Middle East, Africa, and Latin America
Country-Level Analysis – Independent cross segmental analysis across 35 countries.
Competitive Landscape – Company market share analysis, product benchmarking, and detailed Company Profiles for more than 25+ players.
Customer Intelligence – Customers profiles of more than 50 Customers
Segmental Analysis – Market Size, Y-o-Y growth rate, Trends, and use-cases across more than 5 segments, and 25 sub-segments.
Pricing Analysis – Pricing Dashboard, by geographies and by Companies.
Sustainability & Innovation Strategies – Green trends and ESG practices
Key Market Drivers, Challenges & Future Trends – Impact analysis on growth
Customized Insights Section tailored to client-specific questions or industry focus.
Future Outlook – Forecast, future positioning of companies, and futuristic trends.

LUXURY TRAVEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Detailed Segmentation:

Global Luxury Travel Market, By Category:

Global Luxury Travel Market, By Age Group:

Global Luxury Travel Market, By Type:

Global Luxury Travel Market, By Region:

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