India Outbound Tourism Market Forecast

  • 5 years ago
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Indian Outbound Tourism Market is expected to surpass US$ 42 Billion by the end of year 2024. India is second largest most populous country in the world with the tag of fastest growing major economy globally. Due to this economic growth, its people are earning more year on year and their disposable income is also growing. Air connectivity from India to foreign locations has also improved significantly over period of time. First time Indian visitors generally prefer to visit Asian countries due to their proximity to India and being less expensive compared to western destinations. In the case of long-haul travel Indians prefer going to United States (US), Australia, Europe, New Zealand etc.

Thailand, Singapore and United States are the most favorite Tourist Destination for Indians
In this report, we have done comprehensive analysis of top 11 destinations for India outbound tourist. We have also studied the number of separate factors that affects Indian outbound tourist to each of 11 destinations. In addition, we have done detailed analysis of growth drivers.

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Renub Research report entitled “India Outbound Tourism Market, Tourists Purpose of Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending, Countries (Hong Kong, Japan, Singapore, United States, United Kingdom, Thailand, Australia, Canada, South Africa, China, South Korea) & Forecast” is the 4th edition report on the fast-evolving, high-growth India Outbound Travel Industry.

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