The European union tourism market whose worth, as of 2022, was US$ 585 Billion, is anticipated to rise at a CAGR of 8%, with a target valuation of US$ 1262.97 Billion by 2032.
Considered to be a destination for travelers of any kind, and beautified with some glorious places, the European Union tourism market is expected to increase.
The European Union is one of the most loved tourist destinations and is meant for its historical places. The beaches in this region are clean.
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Moreover, if we talk about countries per se, there are huge number of countries to visit in the European Union. The region is home to some of the most beautiful mountains, and the diverse culture amongst various nations makes the entire region lively.
Not only that, the European Union also contains certain ‘Wonders of the World’ which makes the region a popular holiday destination.
What are the Current Market Dynamics pertaining to European Union Tourism Market?
The European Union is synonymous to some of the most beautiful buildings, and towers. If we talk about towers, France is the country which immediately comes to our mind. It is the home to one of the wonders of the world, which is ‘Eiffel Tower’.
The Eiffel tower is a major tourist attraction, and the tourists from across the world visit France to get a glimpse of Eiffel Tower, which was built for the purpose of celebrating French revolution. The Eiffel Tower is made up of wrought iron.
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The Loire Valley in France is famous historical towns and castles. The place is famous for picturesque landscape.
Key Players
- Topdeck
- The Natural Adventure Company
- G Adventures
- Intrepid
- Trafalgar
- GJ Travel
- Shamrocker Adventures
- Exodus Travel
- On Go tours
- Tauck
- Tuckan.
Key Segments Profiled in the European Union Tourism Market Survey
By Booking Channel:
- Phone booking
- Online booking
- In person booking
By Consumer Orientation:
- Men
- Women
- Children
By Age group:
- 15-25 years
- 26-35 years
- 36-45 years
- 46-55 years
- 56-65 years
- 66-75 years
By Tour type:
- Independent traveller
- Tour Group
- Package Traveller
By Tourist Type:
- Domestic
- International
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