“Indian Outbound Tourism – Market Analysis
Indian outbound tourists’ number is growing year on year. India Outbound tourism market will surpass the figure of US$ 40 Billion by 2020.
India Outbound Tourists Visit Analysis: Singapore has replaced Thailand and captured the number one position in 2014. Based on the current trends we believe Singapore is expected to maintain its leading position for couple of years. United States and China are the third and fourth popular destination for Indian travelers. Malaysia is also gaining foothold in the India Outbound Tourists Numbers.
Indian Outbound Tourism Market / Spending Analysis: In terms of spending by Indian tourists, United States is the leader in spending in 2014. Indian tourists spending share in United States is higher than the combined share of the top 9 tourism destination. Thailand and Australia stands at second and third spot in terms of outbound tourists spending by Indians in 2014. Singapore is standing at fourth spot in terms of spending by Indian tourists being followed by United Kingdom.
Taking note of the booming Indian Outbound Tourism, many countries — including Ireland, Spain, South Korea, Indonesia, Macau (China) and Poland — have recently opened tourist offices in India. In order to service the growing demand in outbound business, travel agents in India are gearing up by hiring fresh talent and upgrading existing skills and knowledge to incorporate outbound tourism as part of their total product and service offering. They are either setting up small departments within the existing structure or expanding aggressively to promote new verticals or companies focused only on outbound tourism.
Renub Research report entitled “India Outbound Tourism Market: Outbound Tourists Visit, Tourists Spending and Forecast to 2020†provides a comprehensive assessment of the fast-evolving, high-growth India outbound travel industry. This report provides a complete analysis of top 16 countries worldwide for Indian tourists. All the country in the report has been studied from four view points
1) Indian outbound tourists to top 16 countries
2) Indian outbound tourists market (spending) in top 16 countries
3) Indian outbound tourists purpose of visit (Business, Holiday/Leisure, VFR & Others)
4) Indian outbound tourists average length of stay
We recommend this report as must-read for Travel and Tour stake holders, Hotel Industry, Tourism Ministry, Consulting firms, Private Equity firms, Venture Capital firms etc.
Top 16 Countries Analysed
1. Singapore
2. Thailand
3. United States
4. Malaysia
5. Hong Kong
6. United Kingdom
7. Australia
8. China
9. Switzerland
10. Canada
11. Sri Lanka
12. Nepal
13. Japan
14. South Africa
15. South Korea
16. Other Countries
Data Sources
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Renub Research team of industry experts.
Primary sources include industry surveys and telephone interviews with industry experts.
Secondary sources information and data has been collected from various printable and non-printable sources like search engines, News websites, Government Websites, Trade Journals, White papers, Government Agencies, Magazines, Newspapers, Trade associations, Books, Industry Portals, Industry Associations and access to more than 500 paid databases.
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“Table of Contents
1. Executive Summary
2. Country Wise – Indian Outbound Tourists Visit from 2001 to 2012 (98 Countries Data Analyzed)
3. Worldwide – Indian Outbound Tourists Visit & Spending (2007 – 2020)
3.1 Worldwide – Indian Outbound Tourists Visit & Forecast
3.2 Worldwide – Indian Outbound Tourists Spending & Forecast
4. Worldwide – Indian Outbound Tourists Visit & Spending Share (2008 – 2020)
4.1 Worldwide – Indian Outbound Tourists Visit Share & Forecast
4.2 Worldwide – Indian Outbound Tourists Spending Share & Forecast
5. Worldwide – Indian Outbound Tourists Purpose of Visit Share (2008 – 2020)
5.1 Worldwide – Indian Outbound Tourists Business Purpose Visit Share & Forecast
5.2 Worldwide – Indian Outbound Tourists Holiday / Leisure Purpose Visit Share & Forecast
5.3 Worldwide – Indian Outbound Tourists Visiting Friends & Relatives (VFR) Purpose Visit Share & Forecast
5.4 Worldwide – Indian Outbound Tourists Other Purpose Visit Share & Forecast
6. India – Indian Outbound Tourists Visit & Spending to (Top 16 Countries) (2008 – 2020)
6.1 Singapore – Indian Outbound Tourists Visit & Spending Forecast
6.1.1 Indian Outbound Tourists Visit to Singapore & Forecast
6.1.2 Indian Outbound Tourists Visit to Singapore Purpose of Visit
6.1.3 Indian Outbound Tourists Visit to Singapore Average Length of Stay
6.1.4 Indian Outbound Tourists Spending in Singapore & Forecast
6.2 United States – Indian Outbound Tourists Visit & Spending Forecast
6.2.1 Indian Outbound Tourists Visit to United States & Forecast
6.2.2 Indian Outbound Tourists Visit to United States Purpose of Visit
6.2.3 Indian Outbound Tourists Visit to United States Average Length of Stay
6.2.4 Indian Outbound Tourists Spending in United States & Forecast
6.3 Malaysia – Indian Outbound Tourists Visit & Spending Forecast
6.3.1 Indian Outbound Tourists Visit to Malaysia & Forecast
6.3.2 Indian Outbound Tourists Visit to Malaysia Purpose of Visit
6.3.3 Indian Outbound Tourists Visit to Malaysia Average Length of Stay
6.3.4 Indian Outbound Tourists Spending in Malaysia & Forecast
6.4 Thailand – Indian Outbound Tourists Visit & Spending Forecast
6.4.1 Indian Outbound Tourists Visit to Thailand & Forecast
6.4.2 Indian Outbound Tourists Visit to Thailand Purpose of Visit
6.4.3 Indian Outbound Tourists Visit to Thailand Average Length of Stay
6.4.4 Indian Outbound Tourists Spending in Thailand & Forecast
6.5 Hong Kong – Indian Outbound Tourists Visit & Spending Forecast
6.5.1 Indian Outbound Tourists Visit to Hong Kong & Forecast
6.5.2 Indian Outbound Tourists Visit to Hong Kong Purpose of Visit
6.5.3 Indian Outbound Tourists Visit to Hong Kong Average Length of Stay
6.5.4 Indian Outbound Tourists Spending in Hong Kong & Forecast
6.6 Australia – Indian Outbound Tourists Visit & Spending Forecast
6.6.1 Indian Outbound Tourists Visit to Australia & Forecast
6.6.2 Indian Outbound Tourists Visit to Australia Purpose of Visit
6.6.3 Indian Outbound Tourists Visit to Australia Average Length of Stay
6.6.4 Indian Outbound Tourists Spending in Australia & Forecast
6.7 United Kingdom – Indian Outbound Tourists Visit & Spending Forecast
6.7.1 Indian Outbound Tourists Visit to United Kingdom & Forecast
6.7.2 Indian Outbound Tourists Visit to United Kingdom Purpose of Visit
6.7.3 Indian Outbound Tourists Visit to United Kingdom Average Length of Stay
6.7.4 Indian Outbound Tourists Spending in United Kingdom & Forecast
6.8 China – Indian Outbound Tourists Visit to China Forecast
6.8.1 Indian Outbound Tourists Visit to China & Forecast
6.8.2 Indian Outbound Tourists Visit to China Purpose of Visit
6.8.3 Indian Outbound Tourists Spending in China & Forecast
6.9 Switzerland – Indian Outbound Tourists Visit & Spending Forecast
6.9.1 Indian Outbound Tourists Visit to Switzerland & Forecast
6.9.2 Indian Outbound Tourists Visit to Switzerland Average Length of Stay
6.9.3 Indian Outbound Tourists Spending in Switzerland & Forecast
6.10 Canada – Indian Outbound Tourists Visit & Spending Forecast
6.10.1 Indian Outbound Tourists Visit to Canada & Forecast
6.10.2 Indian Outbound Tourists Visit to Canada Purpose of Visit
6.10.3 Indian Outbound Tourists Visit to Canada Average Length of Stay
6.10.4 Indian Outbound Tourists Spending in Canada & Forecast
6.11 Sri Lanka – Indian Outbound Tourists Visit & Spending Forecast
6.11.1 Indian Outbound Tourists Visit to Sri Lanka & Forecast
6.11.2 Indian Outbound Tourists Spending in Sri Lanka & Forecast
6.12 Nepal – Indian Outbound Tourists Visit & Spending Forecast
6.12.1 Indian Outbound Tourists Visit to Nepal & Forecast
6.12.2 Indian Outbound Tourists Visit to Nepal Average Length of Stay
6.12.3 Indian Outbound Tourists Spending in Nepal & Forecast
6.13 Japan – Indian Outbound Tourists Visit & Spending Forecast
6.13.1 Indian Outbound Tourists Visit to Japan & Forecast
6.13.2 Indian Outbound Tourists Visit to Japan Purpose of Visit
6.13.3 Indian Outbound Tourists Spending in Japan & Forecast
6.14 South Africa – Indian Outbound Tourists Visit & Spending Forecast
6.14.1 Indian Outbound Tourists Visit to South Africa & Forecast
6.14.2 Indian Outbound Tourists Visit to South Africa Purpose of Visit
6.14.3 Indian Outbound Tourists Visit to South Africa Average Length of Stay
6.14.4 Indian Outbound Tourists Spending in South Africa & Forecast
6.15 South Korea – Indian Outbound Tourists Visit & Spending Forecast
6.15.1 Indian Outbound Tourists Visit to South Korea & Forecast
6.15.2 Indian Outbound Tourists Visit to South Korea Purpose of Visit
6.15.3 Indian Outbound Tourists Spending in South Korea & Forecast
6.16 Other Countries – Indian Outbound Tourists Visit & Spending Forecast
6.16.1 Indian Outbound Tourists Visit to Other Countries & Forecast
6.16.2 Indian Outbound Tourists Spending in Other Countries & Forecast
7. India Outbound Tourism – Drivers
7.1 New Visa Rules to Boost Tourism
7.2 Indian Low Cost Carriers (LCCs)
7.3 Countries Opening Tourist Offices in India and Providing Customized Packages
7.4 Rising Middle Class with Higher Disposable Income
7.5 Indian Tourist Departure City Wise (Top 10 Cities Analyzed)
7.6 Outbound Tour Operators Association of India (OTOAI) Promoting Quality Tourism
8. India Outbound Tourism – Challenges
8.1 Challenges Indian Travel Agencies Facing
8.2 Rupee Depreciation Hits Outbound Tourism Sector
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