ラグジュアリートラベル市場レポート：ツアータイプ別、年齢層別、旅行者タイプ別、地域別、2023-2028年

概要

世界のラグジュアリートラベル市場規模は2022年に2兆492億米ドルに達しました。今後、IMARC Groupは、2022年から2028年にかけて4.60%の成長率（CAGR）を示し、2028年までに2兆6,839億米ドルに達すると予測しています。高級でパーソナライズされた旅行体験に対する需要の高まり、ラグジュアリートラベルのオプションを求める富裕層（HNWI）人口の拡大、ラグジュアリートラベル商品におけるウェルネスと持続可能性への注目の高まりは、市場を推進する主な要因の一部です。

ラグジュアリートラベルは、特別で豪華な体験を求める目の肥えた旅行者を対象とする、観光業界のプレミアムで高級なセグメントを代表するものです。基本的なアメニティや快適さにとどまらず、一人ひとりに合わせたサービス、極上の宿泊施設、グルメな食事、ユニークで没頭できるアクティビティなどを提供します。ラグジュアリートラベルでは、絵に描いたような観光地にある豪華なホテルやプライベート・ヴィラ、高級リゾートに滞在することが多いです。スパ・トリートメント、ミシュランの星付きレストランでの高級料理、プライベート・ヨットのチャーター、趣味に合わせた文化的な小旅行などを満喫することができます。ラグジュアリートラベルの特徴は、高級感を重視し、細部にまで気を配り、最高の快適さと満足感を提供することに努めていることで、最高級の旅行体験を求める人々に人気のある選択肢となっています。

世界中の富裕層（HNWI）や裕福な消費者の増加により、高級で贅沢な旅行体験を求める顧客層が拡大しており、予測期間中のラグジュアリートラベル市場の成長を刺激すると思われます。こうした旅行者は、豪華な宿泊施設、個人向けサービス、ユニークな冒険を満喫しようとします。さらに、体験的で変幻自在な旅行への欲求の高まりは、旅行者が没頭できる文化体験、ウェルネス・リトリート、環境に配慮した旅を優先するため、高級品市場を後押ししています。これとは別に、プライベートジェットやヨットのチャーターの利便性とアクセシビリティの向上は、ラグジュアリートラベルの魅力を増大させ、独占性と柔軟性を提供し、市場の成長を促進しています。さらに、リモートワークやデジタル・ノマディズムの台頭により、旅行者は職業生活を維持しながらラグジュアリートラベル先を探索できるようになり、長期滞在型の高級体験の成長に寄与しています。

ラグジュアリートラベル市場の動向と促進要因：

富裕層（HNAWI）の増加

富裕層（HNWI）と富裕層消費者の豊かさの増大は、ラグジュアリートラベル市場拡大の主な原動力です。経済が成長し、繁栄が世界的に広がるにつれ、より多くの個人がより高い可処分所得を手にするようになり、贅沢な旅行体験を満喫できるようになっています。このような層は、世界を探検する際に、独占性、快適さ、高級サービスを求める。彼らは、豪華な宿泊施設、プライベートな交通手段、自分たちの好みに合わせた旅程に投資することを厭わないです。ラグジュアリートラベル業界は、富裕層旅行者の目の肥えた嗜好に応えるため、絶えず革新を続け、一流のサービスを提供することで、この動向を活用しています。このような富裕層の増加は、ラグジュアリートラベルへの需要を刺激し、この層の進化する欲求に応える新たな目的地や体験の開発を促しています。

ユニークな体験への欲求の高まり

今日のラグジュアリートラベル者は、単なる快適さでは満足せず、旅を際立たせる有意義で個性的な体験を求めるようになっています。そのため、その土地の文化や伝統、風景にどっぷりと浸かる体験型のラグジュアリートラベルが台頭しています。旅行者は、食の冒険やプライベート・アート・ツアーから、野生動物のサファリやウェルネス・リトリートまで、自分の興味に合わせたオーダーメイドの旅程を選ぶ。ユニークな体験への欲求は、贅沢な旅行が自己表現の一形態となり、旅行者が従来の旅行者とは異なる思い出や物語を収集できるようにする傾向を生み出しました。ラグジュアリートラベル業界は、隠れた名所への特別なアクセス、プライベート・ガイド、人里離れた冒険などを提供することで、各旅行が個人の好みに合わせた唯一無二の体験となるよう対応しています。

持続可能性とウェルネス意識の高まり

サステナビリティとウェルネスは、ラグジュアリートラベル市場の重要な促進要因として浮上してきました。旅行者の社会的・環境的意識が高まるにつれ、旅行者は自分の価値観に合った宿泊施設や体験を求めるようになっています。人里離れた自然環境にあるエコ・ロッジから、環境への影響を最小限に抑えた持続可能なクルーズまで、ラグジュアリートラベル者は現在、環境に優しい実践、責任ある観光、持続可能な宿泊施設を求めています。さらに、ラグジュアリートラベルのウェルネス面では、心身の健康が重視され、旅行者は旅行中にスパ、フィットネスセンター、瞑想リトリート、栄養に焦点を当てた体験などを求めています。ラグジュアリートラベル業界はこうした動向を認識し、サステナブルでウェルネスを重視した商品をポートフォリオに組み込んでいます。このシフトは、社会的意識が高く、健康を重視する顧客層の進化する嗜好に応えるものであり、ラグジュアリートラベル・プロバイダーにとって倫理的な選択であり、競争上の優位性でもあります。

本レポートで扱う主な質問

• 2022年の世界のラグジュアリートラベル市場の規模は？
• 2023～2028年の世界のラグジュアリートラベル市場の予想成長率は？
• 世界のラグジュアリートラベル市場を牽引する主な要因は何か
• COVID-19は世界のラグジュアリートラベル市場にどのような影響を与えたか
• ラグジュアリートラベルの世界市場のツアータイプ別区分は？
• 世界のラグジュアリートラベル市場の年齢層別区分は？
• 世界のラグジュアリートラベル市場の旅行者タイプ別区分は？
• ラグジュアリートラベルの世界市場における主要地域は？
• 世界のラグジュアリートラベル市場の主要プレイヤー/企業は？

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界のラグジュアリートラベル市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：ツアータイプ別

• カスタマイズプライベートバケーション
  • 市場動向
  • 市場予測
• アドベンチャーとサファリ
  • 市場動向
  • 市場予測
• クルーズと船舶探検
  • 市場動向
  • 市場予測
• 小グループの旅
  • 市場動向
  • 市場予測
• セレブレーションと特別イベント
  • 市場動向
  • 市場予測
• 料理旅行とショッピング
  • 市場動向
  • 市場予測

第7章 市場内訳：年齢層別

• ミレニアル（21-30）
  • 市場動向
  • 市場予測
• ジェネレーションX（31-40）
  • 市場動向
  • 市場予測
• ベビーブーマー（41～60歳）
  • 市場動向
  • 市場予測
• シルバーヘア（60歳以上）
  • 市場動向
  • 市場予測

第8章 市場内訳：旅行者タイプ別

• 絶対的高級志向
  • 市場動向
  • 市場予測
• アスピアリング・ラグジュアリー
  • 市場動向
  • 市場予測
• アクセシブルラグジュアリー
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
    • 市場動向
    • 市場予測
  • カナダ
    • 市場動向
    • 市場予測
• アジア太平洋
  • 中国
    • 市場動向
    • 市場予測
  • 日本
    • 市場動向
    • 市場予測
  • インド
    • 市場動向
    • 市場予測
  • 韓国
    • 市場動向
    • 市場予測
  • オーストラリア
    • 市場動向
    • 市場予測
  • インドネシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 欧州
  • ドイツ
    • 市場動向
    • 市場予測
  • フランス
    • 市場動向
    • 市場予測
  • 英国
    • 市場動向
    • 市場予測
  • イタリア
    • 市場動向
    • 市場予測
  • スペイン
    • 市場動向
    • 市場予測
  • ロシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• ラテンアメリカ
  • ブラジル
    • 市場動向
    • 市場予測
  • メキシコ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 中東・アフリカ地域
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Abercrombie & Kent USA LLC.
  • Butterfield & Robinson Inc.
  • Cox & Kings Ltd.
  • Exodus Travels Limited（Travelopia）
  • Kensington Tours Ltd.
  • Micato Safaris
  • Scott Dunn Ltd.
  • Tauck
  • Thomascook.in（Fairbridge Capital（Mauritius）Limited）
  • TUI Group

List of Figures

• Figure 1: Global: Luxury Travel Market: Major Drivers and Challenges
• Figure 2: Global: Luxury Travel Market: Sales Value (in Billion US$), 2017-2022
• Figure 3: Global: Luxury Travel Market Forecast: Sales Value (in Billion US$), 2023-2028
• Figure 4: Global: Luxury Travel Market: Breakup by Type of Tour (in %), 2022
• Figure 5: Global: Luxury Travel Market: Breakup by Age Group (in %), 2022
• Figure 6: Global: Luxury Travel Market: Breakup by Type of Traveller (in %), 2022
• Figure 7: Global: Luxury Travel Market: Breakup by Region (in %), 2022
• Figure 8: Global: Luxury Travel (Customized and Private Vacation) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 9: Global: Luxury Travel (Customized and Private Vacation) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 10: Global: Luxury Travel (Adventure and Safari) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 11: Global: Luxury Travel (Adventure and Safari) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 12: Global: Luxury Travel (Cruise and Ship Expedition) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 13: Global: Luxury Travel (Cruise and Ship Expedition) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 14: Global: Luxury Travel (Small Group Journey) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 15: Global: Luxury Travel (Small Group Journey) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 16: Global: Luxury Travel (Celebration and Special Event) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 17: Global: Luxury Travel (Celebration and Special Event) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 18: Global: Luxury Travel (Culinary Travel and Shopping) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 19: Global: Luxury Travel (Culinary Travel and Shopping) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 20: Global: Luxury Travel (Millennial (21-30)) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 21: Global: Luxury Travel (Millennial (21-30)) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 22: Global: Luxury Travel (Generation X (31-40)) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 23: Global: Luxury Travel (Generation X (31-40)) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 24: Global: Luxury Travel (Baby Boomers (41-60)) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 25: Global: Luxury Travel (Baby Boomers (41-60)) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 26: Global: Luxury Travel (Silver Hair (60 and above)) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 27: Global: Luxury Travel (Silver Hair (60 and above)) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 28: Global: Luxury Travel (Absolute Luxury) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 29: Global: Luxury Travel (Absolute Luxury) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 30: Global: Luxury Travel (Aspiring Luxury) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 31: Global: Luxury Travel (Aspiring Luxury) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 32: Global: Luxury Travel (Accessible Luxury) Market: Sales Value (in Million US$), 2017 & 2022
• Figure 33: Global: Luxury Travel (Accessible Luxury) Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 34: North America: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 35: North America: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 36: United States: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 37: United States: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 38: Canada: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 39: Canada: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 40: Asia-Pacific: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 41: Asia-Pacific: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 42: China: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 43: China: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 44: Japan: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 45: Japan: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 46: India: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 47: India: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 48: South Korea: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 49: South Korea: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 50: Australia: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 51: Australia: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 52: Indonesia: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 53: Indonesia: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 54: Others: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 55: Others: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 56: Europe: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 57: Europe: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 58: Germany: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 59: Germany: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 60: France: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 61: France: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 62: United Kingdom: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 63: United Kingdom: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 64: Italy: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 65: Italy: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 66: Spain: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 67: Spain: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 68: Russia: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 69: Russia: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 70: Others: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 71: Others: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 72: Latin America: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 73: Latin America: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 74: Brazil: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 75: Brazil: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 76: Mexico: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 77: Mexico: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 78: Others: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 79: Others: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 80: Middle East and Africa: Luxury Travel Market: Sales Value (in Million US$), 2017 & 2022
• Figure 81: Middle East and Africa: Luxury Travel Market: Breakup by Country (in %), 2022
• Figure 82: Middle East and Africa: Luxury Travel Market Forecast: Sales Value (in Million US$), 2023-2028
• Figure 83: Global: Luxury Travel Industry: SWOT Analysis
• Figure 84: Global: Luxury Travel Industry: Value Chain Analysis
• Figure 85: Global: Luxury Travel Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Luxury Travel Market: Key Industry Highlights, 2022 and 2028
• Table 2: Global: Luxury Travel Market Forecast: Breakup by Type of Tour (in Million US$), 2023-2028
• Table 3: Global: Luxury Travel Market Forecast: Breakup by Age Group (in Million US$), 2023-2028
• Table 4: Global: Luxury Travel Market Forecast: Breakup by Type of Traveller (in Million US$), 2023-2028
• Table 5: Global: Luxury Travel Market Forecast: Breakup by Region (in Million US$), 2023-2028
• Table 6: Global: Luxury Travel Market: Competitive Structure
• Table 7: Global: Luxury Travel Market: Key Players

Abstract

The global luxury travel market size reached US$ 2,049.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,683.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.60% during 2022-2028. The rising demand for exclusive and personalized travel experiences, expanding high-net-worth individual (HNWI) population seeking luxury travel options, and increasing focus on wellness and sustainability in luxury travel offerings are some of the major factors propelling the market.

Luxury travel represents a premium and exclusive segment of the tourism industry that caters to discerning travelers seeking exceptional and opulent experiences. It goes beyond basic amenities and comfort, offering personalized services, exquisite accommodations, gourmet dining, and unique, immersive activities. Luxury travel often includes stays in luxurious hotels, private villas, or upscale resorts in picturesque destinations. Travelers can indulge in spa treatments, fine dining at Michelin-starred restaurants, private yacht charters, and cultural excursions tailored to their interests. Luxury travel is characterized by a focus on exclusivity, attention to detail, and a commitment to delivering the utmost in comfort and satisfaction, making it a sought-after choice for those seeking the pinnacle of travel experiences.

The increasing affluence of high-net-worth individuals (HNWIs) and affluent consumers around the world that expands the clientele seeking exclusive and opulent travel experiences, will stimulate the growth of the luxury travel market during the forecast period. These travelers seek to indulge in lavish accommodations, personalized services, and unique adventures. Moreover, the rising desire for experiential and transformative travel is propelling the luxury market, as travelers prioritize immersive cultural experiences, wellness retreats, and eco-conscious journeys. Apart from this, the enhanced convenience and accessibility of private jet and yacht charters has augmented the appeal of luxury travel, offering exclusivity and flexibility, thereby driving the market growth. Furthermore, the rise of remote working and digital nomadism that enables travelers to explore luxury destinations while maintaining their professional lives, contributing to the growth of extended-stay luxury experiences.

Luxury Travel Market Trends/Drivers:

Growing affluence of high-net-worth individuals (HNAWIs)

The increasing affluence of high-net-worth individuals (HNWIs) and affluent consumers is a primary driving force behind the luxury travel market's expansion. As economies grow and prosperity spreads globally, more individuals are gaining access to higher disposable incomes, enabling them to indulge in luxury travel experiences. This demographic seeks exclusivity, comfort, and premium services when exploring the world. They are willing to invest in opulent accommodations, private transportation, and curated itineraries that cater to their preferences. The luxury travel industry capitalizes on this trend by continuously innovating and offering top-notch services to meet the discerning tastes of affluent travelers. This growing affluence fuels demand for luxury travel and encourages the development of new destinations and experiences that cater to the evolving desires of this segment.

Rising desire for unique experiences

Luxury travelers today are not satisfied with mere comfort; they seek meaningful and distinctive experiences that set their journeys apart. This driver has led to the rise of experiential luxury travel, where travelers immerse themselves in local cultures, traditions, and landscapes. They opt for bespoke itineraries that cater to their interests, from culinary adventures and private art tours to wildlife safaris and wellness retreats. The desire for unique experiences has given rise to a trend where luxury travel becomes a form of self-expression, allowing travelers to collect memories and stories that differentiate them from conventional tourists. The luxury travel industry responds by providing exclusive access to hidden gems, private guides, and off-the-beaten-path adventures, ensuring that each journey is a one-of-a-kind experience tailored to individual preferences.

Increasing sustainability and wellness consciousness

Sustainability and wellness have emerged as crucial drivers in the luxury travel market. As travelers become more socially and environmentally conscious, they seek accommodations and experiences that align with their values. Luxury travelers now expect eco-friendly practices, responsible tourism, and sustainable accommodations, which include everything from eco-lodges in remote natural settings to sustainable cruises that minimize environmental impact. Additionally, the wellness aspect of luxury travel emphasizes physical and mental well-being, with travelers seeking spas, fitness centers, meditation retreats, and nutrition-focused experiences during their trips. The luxury travel industry recognizes these trends and is incorporating sustainable and wellness-focused offerings into its portfolio, ensuring that travelers can enjoy guilt-free luxury experiences that promote both personal well-being and environmental responsibility. This shift is an ethical choice and a competitive advantage for luxury travel providers, as it meets the evolving preferences of a socially conscious and health-focused clientele.

Luxury Travel Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global luxury travel market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type of tour, age group and type of traveller.

Breakup by Type of Tour:

Customized and Private Vacation

Adventure and Safari

Cruise and Ship Expedition

Small Group Journey

Celebration and Special Event

Culinary Travel and Shopping

Adventure and safari hold the largest market share

The report has provided a detailed breakup and analysis of the market based on the type of tour. This includes customized and private vacation, adventure and safari, cruise and ship expedition, small group journey, celebration and special event, and culinary travel and shopping. According to the report, adventure and safari represented the largest segment.

Adventure and safari experiences are key drivers in the luxury travel market, attracting travelers seeking unique and exhilarating journeys. Adventure travel offers activities such as trekking, mountain climbing, scuba diving, and wildlife encounters in remote and often challenging environments. Safari adventures, on the other hand, focus on wildlife observation in natural habitats, with opportunities to see iconic species like lions, elephants, and rhinos. These experiences drive the luxury travel market by offering exclusivity and personalized adventures that cater to the desires of affluent travelers.

Furthermore, luxury adventure and safari providers offer private guided tours, high-end accommodations in pristine locations, and customized itineraries that combine adventure with comfort. They ensure travelers can enjoy thrilling experiences while maintaining the highest standards of safety and comfort. Moreover, the demand for sustainability in adventure and safari experiences is rising, with eco-friendly practices and conservation efforts playing a significant role, attracting travelers who value responsible and immersive encounters with nature.

Breakup by Age Group:

Millennial (21-30)

Generation X (31-40)

Baby Boomers (41-60)

Silver Hair (60 and above)

Baby boomers (41-60) represents the leading age group segment

A detailed breakup and analysis of the market based on the age group has also been provided in the report. This includes millennial (21-30), generation X (31-40), baby boomers (41-60), and silver hair (60 and above). According to the report, baby boomers (41-60) accounted for the largest market share.

Baby boomers, typically aged between 41 and 60, represent a generation known for its significant impact on various industries, including luxury travel. This demographic is characterized by its strong work ethic, higher disposable income, and a desire for fulfilling experiences during their retirement years. Baby boomers are fueling the luxury travel market by seeking personalized and experiential journeys that cater to their interests and preferences. They value comfort, quality, and authenticity, often opting for upscale accommodations, premium cruise experiences, and immersive cultural encounters. Many baby boomers are avid travelers, using their retirement years to explore the world and fulfill their travel bucket lists. Their influence extends to the rise of wellness-focused luxury travel, as they prioritize health and well-being in their journeys.

Moreover, baby boomers are early adopters of travel technology, embracing digital tools for booking, research, and staying connected while on the road. Their significant presence in the luxury travel market continues to shape the industry, catalyzing the demand for tailored, high-end experiences that align with their desires for exploration and relaxation in their golden years.

Breakup by Type of Traveller:

Absolute Luxury

Aspiring Luxury

Accessible Luxury

Absolute luxury is the most popular type of traveler

A detailed breakup and analysis of the market based on the type of traveler has also been provided in the report. This includes absolute, aspiring and accessible luxury. According to the report, absolute luxury accounted for the largest market share.

The absolute luxury traveler is characterized by an unwavering pursuit of the finest experiences and the highest level of exclusivity. These travelers seek unparalleled opulence, from stays in ultra-luxurious accommodations like private villas on secluded islands or boutique hotels in historic city centers to bespoke itineraries that include private yacht charters, exclusive access to cultural events, and Michelin-starred dining experiences.

Moreover, absolute luxury travelers are the trendsetters and taste-makers in the luxury travel industry, fueling demand for innovation and pushing the boundaries of what constitutes a lavish travel experience. Their influence extends to the development of new, extraordinary destinations and the creation of entirely customized journeys that cater to their unique preferences. Their commitment to luxury and their willingness to invest in once-in-a-lifetime adventures shape the luxury travel market by inspiring providers to continuously elevate their offerings, ensuring that the absolute luxury traveler's appetite for the extraordinary is consistently met.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Europe exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share.

Europe held the biggest share in the market since the region is home to an array of iconic and culturally rich destinations, from the historical cities of Rome, Paris, and Prague to the scenic beauty of the Swiss Alps and the Mediterranean coast, offering a diverse range of luxury experiences. Apart from this, Europe boasts a long history of luxury hospitality, with its heritage luxury hotels and boutique properties, providing travelers with opulent accommodations and impeccable service.

Moreover, rising emphasis of the region on gastronomy and fine dining attracts luxury travelers seeking culinary excellence, with numerous Michelin-starred restaurants and local gourmet experiences. Furthermore, Europe's efficient transportation infrastructure and access to exclusive cultural events, from fashion shows to art exhibitions, enhance its appeal to luxury travelers. Additionally, Europe's commitment to sustainability and responsible tourism aligns with the values of eco-conscious luxury travelers, ensuring that the region continues to lead the way in delivering high-end, sustainable travel experiences that resonate with the evolving preferences of affluent global travelers.

Competitive Landscape:

The market is experiencing steady growth as key players are continually innovating to meet the evolving preferences of discerning travelers. Recent innovations include the integration of advanced technology to enhance the booking and travel experience, with virtual reality (VR) and augmented reality (AR) being used to provide immersive previews of accommodations and destinations. Additionally, there is a growing focus on sustainability, with luxury hotels and resorts adopting eco-friendly practices and designing carbon-neutral properties to cater to environmentally conscious travelers. Personalization remains a key trend, with luxury travel providers leveraging data analytics and artificial intelligence (AI) to curate bespoke itineraries and offer highly tailored services. Furthermore, luxury cruise lines are introducing cutting-edge amenities such as underwater lounges and sustainable ship designs. These innovations collectively aim to elevate the luxury travel experience, providing travelers with unique, sustainable, and personalized journeys that align with their values and preferences.

The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Abercrombie & Kent USA LLC.

Butterfield & Robinson Inc.

Cox & Kings Ltd.

Exodus Travels Limited (Travelopia)

Kensington Tours Ltd.

Micato Safaris

Scott Dunn Ltd.

Tauck

Thomascook.in (Fairbridge Capital (Mauritius) Limited)

TUI Group

Recent Developments:

In August 2023, Abercrombie & Kent introduced a new private jet journey to meet increased demand for wildlife experiences. This exclusive adventure is designed to captivate the hearts of discerning travelers who seek to explore the world's most breathtaking natural wonders while indulging in unparalleled luxury and comfort. This unique expedition takes travelers on a globe-spanning odyssey, whisking them away on a meticulously planned itinerary that delves deep into some of the planet's most pristine and wildlife-rich regions.

In February 2020, Kensington Tours, a leading luxury travel company, introduced new itineraries that showcase the natural wonders and cultural richness of Iceland and Wales. These meticulously crafted journeys promise travelers unforgettable experiences in two distinct yet equally captivating destinations. The Iceland itinerary invites adventurers to explore the land of fire and ice, where dramatic landscapes meet geothermal wonders. It offers a perfect blend of outdoor exploration and relaxation in Iceland's geothermal baths.

In February 2023, Tauck, a renowned leader in guided travel experiences, announced the expansio of its small group land departures by an impressive 35%, catering to the growing demand for intimate and immersive travel adventures. This increase in small group departures signifies Tauck's dedication to providing travelers with the chance to delve deeper into the destinations they visit.

Key Questions Answered in This Report

• 1. What was the size of the global luxury travel market in 2022?
• 2. What is the expected growth rate of the global luxury travel market during 2023-2028?
• 3. What are the key factors driving the global luxury travel market?
• 4. What has been the impact of COVID-19 on the global luxury travel market?
• 5. What is the breakup of the global luxury travel market based on type of tour?
• 6. What is the breakup of the global luxury travel market based on the age group?
• 7. What is the breakup of the global luxury travel market based on the type of traveler?
• 8. What are the key regions in the global luxury travel market?
• 9. Who are the key players/companies in the global luxury travel market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Luxury Travel Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type of Tour

• 6.1 Customized and Private Vacation
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Adventure and Safari
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Cruise and Ship Expedition
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Small Group Journey
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Celebration and Special Event
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Culinary Travel and Shopping
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast

7 Market Breakup by Age Group

• 7.1 Millennial (21-30)
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Generation X (31-40)
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Baby Boomers (41-60)
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Silver Hair (60 and above)
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Type of Traveller

• 8.1 Absolute Luxury
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Aspiring Luxury
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Accessible Luxury
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Abercrombie & Kent USA LLC.
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 Butterfield & Robinson Inc.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Cox & Kings Ltd.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 Exodus Travels Limited (Travelopia)
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Kensington Tours Ltd.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Micato Safaris
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Scott Dunn Ltd.
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Tauck
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Thomascook.in (Fairbridge Capital (Mauritius) Limited)
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
  • 14.3.10 TUI Group
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis