China Outbound Travel & Tourism Market to Surpass USD 163 Bn by 2024, States DPI Research in Its Report Available at MarketPublishers.com16 Jan 2018 • by Natalie Aster
LONDON – China’s outbound tourism market is poised to gain traction in the offing, surpassing the USD 163 billion mark by 2024.
The growth of the sector is propelled by the factors like the increased financial well-being of the citizens of the country, improved air connectivity, the loosening of tough visa requirements worldwide, consumer trust and craving for outbound travel. The country’s outbound travelers tend to travel mainly for the pleasure purposes.
China is the biggest source market for Taiwan tourism. Meantime, Chinese travelers to Taiwan have dwindled during 2016-2017.
New comprehensive research report “China Outbound Travel and Tourism Market Analysis 2012 - 2017 and Forecast 2018 - 2024” created by DPI Research & Marketing Solutions gives a clear picture of the market on a national level.
The study gives a detailed look at the actual market situation of the China outbound tourism market, alongside providing the future outlook for the sector. The report offers unbiased data and detailed analysis limelighting the prospective lucrative opportunities and future trends pertaining to China’s outbound travelers’ visitation, expenditure, purpose of a travel, and key destination markets. The publication gives a shrewd, clear insights into the actual and projected tourism developments of the Chinese outbound tourism marketplace. Furthermore, it provides an analysis of the market by country to carefully investigate and understand the domestic outbound tourism sector.
Countries discussed in the report include Taiwan, Singapore, Hong Kong, the USA, Japan, Australia, New Zealand, Sri Lanka, Cambodia, Nepal, and Korea.
For many other new market research reports drawn up by this publisher follow DPI Research online page at MarketPublishers.com.