Australia Travel & Tourism Market By Product/Service Offering (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Foreign Exchange, Visa Services, Conference/Trade Fair Services and Others), By Type (Domestic, Inbound and Outbound),By Purpose of Visit (Business, Leisure & Recreation, Education, Medical, Social Activity and Others), Competition Forecast & Opportunities, 2015 - 2025

Australia travel & tourism Market is projected to grow during 2020-2025. Rapid development of leisure & recreation infrastructure, diverse tourism offerings and availability of affordable tour packages is anticipated to drive travel & tourism market in the country. Furthermore, convenient and easy availability of hotel & flight tickets booking and increasing availability of various services through online channel and growth of leisure & recreation tourism are some factors expected to propel demand for travel & tourism in Australia over the next five years.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020–2025

Objective of the Study:

• To analyze and forecast market size of the Australia travel & tourism market, in terms of value & volume (number of tourist).
• To define, classify and forecast the Australia travel & tourism market on the basis of product type, type, purpose visit, tourist profile and regional distribution.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting Australia travel & tourism Market into regions, namely, New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria & Western Australia.
• To identify tailwinds and headwinds for the Australia travel & tourism market.
• To examine competitive developments such as expansions, new services launches, contracts, and mergers & acquisitions in the Australia travel & tourism market.
• To evaluate competitor and trends in the Australia travel & tourism market.
• To strategically profile the leading players, which are involved in the travel & tourism in Australia.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of travel & tourism providers and suppliers in Australia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research analysed product/service offering, type, purpose of visit, tourist profile & regional presence of all major travel & tourism providers across the country.

TechSci Research calculated the market size for the Australia travel & tourism market using a bottom-up approach, where providers’ value sales data for different product/service offering of (ticket reservation, hotel booking, holiday/tour packages, travel insurance, foreign exchange, visa services, conference/trade fair services and others), travel & tourism was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as all Australia travel & tourism providers, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

• Australia travel & tourism providers
• Research organizations and consulting companies
• Associations, organizations and alliances related to travel & tourism providers
• Government bodies such as regulating authorities and policy makers
• Industry associations
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as travel & tourism providers, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, Australia travel & tourism Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Product/Service Offering:
• Australia Travel & Tourism Market
• Ticket Reservation
• Hotel Booking
• Holiday/Tour Packages
• Travel Insurance
• Foreign Exchange
• Visa Services
• Conference/Trade Fair Services
•  Others
• Market, by Type:
• Domestic
• Inbound
• Outbound
• Market, by Purpose of Visit:
• Business
• Leisure & Recreation
• Education
• Medical
• Social Activity
• Others
• Market, by Geography:
• New South Wales
• Victoria
• Queensland  
• Western Australia
• South Australia
• Tasmania
• Northern Territory

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players

Company Profiles: Detailed analysis of the major companies present in the Australia   travel & tourism market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

• Detailed list of providers across the country.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Product Information

• Detailed analysis of services in the market and their driving forces in the market.