Driving Vacation Market Growth and Market Research Insights
Tuesday, 16 July 2024, 12:49
Market Research: Driving Vacation Market Growth
Insights into Market Expansion
- The global vacation market is forecasted to reach $513.3 billion by 2031.
- 15.7% Compound Annual Growth Rate (CAGR) expected from 2022 onwards.
- Direct travel agents segment dominated the market share in 2021.
- 15.4% CAGR growth recorded from 2022 to 2031.
The data illustrates the lucrative nature of the vacation market and the potential it holds for growth opportunities and investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.