The France outbound tourism market is on the verge of a delightful escapade, with projections indicating a jump from US$ 37 million in 2024 to US$ 56.8 million by 2034, reflecting a steady CAGR of 4.3%. Decision-makers in the travel and tourism industry, this is your chance to pack your bags for opportunity! Here’s why the French outbound tourism market presents a lucrative landscape:
Fueling the Wanderlust:
- Group Adventures on the Rise: The popularity of group hiking and sightseeing tours is experiencing a surge. By offering well-curated group tours to exciting destinations, you can cater to this growing segment of French travelers seeking adventure and camaraderie.
- Technology Empowers Exploration: Technological advancements have revolutionized travel planning. Develop user-friendly platforms and mobile apps that simplify trip planning, booking, and information access for French tourists venturing abroad. By leveraging technology, you can become a one-stop shop for their outbound travel needs.
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Enhancing Accessibility and Convenience:
- Transportation: The Gateway to Exploration: The availability and affordability of transportation options significantly impact outbound tourism. Partner with airlines and rail companies to offer attractive travel packages that include flights or high-speed train tickets, making new destinations more accessible to French travelers.
- Infrastructure Makes a Difference: Improved transportation infrastructure, such as new flight routes and high-speed rail networks, opens doors to exciting travel options. Stay informed about infrastructure developments and tailor your travel packages to capitalize on these new connections.
Economic Factors: The Confidence to Travel:
- Economic Stability Breeds Outbound Travel: France’s economic stability directly impacts outbound tourism demand. Factors like rising disposable income levels, favorable employment rates, and a healthy GDP all contribute to the French public’s ability and desire to travel internationally. By offering diverse travel options at various price points, you can cater to a wider range of French travelers empowered by a growing economy.
The policy helps to improvise the accessibility of the outbound tourism facilities and acts as a strong driver for outbound tourism, leisure, and culture. Industrial tourism has become a genuine tourism sector due to the presence of large multinationals in France.
Company visits abroad and industrial tourism have become prominent, both in terms of leisure and business tours. This factor not only promotes international and cross-border trade but also creates a healthy atmosphere among the employees of various companies. This trend is estimated to have a moderate to high impact on the France outbound tourism market.
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Key Takeaways from the France Outbound Tourism Market Study
- Based on purpose, the vacation segment is expected to witness fastest growth over the forecast period.
- In terms of tour category, package travel segment is expected lead the France outbound tourism market over the assessment period.
- Based on season, the October-December segment will create maximum revenue in the France outbound tourism market.
- In terms of gender, the female segment is expected to be the most lucrative segment over the forecast period.
- By top destinations, Spain and Italy are expected to be the most preferred locations among the consumers
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Future Market Insights, in its new offering, provides an unbiased analysis of the France outbound tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
Key Players
- Tui France
- France Billet
- Ticketnet
- Odalys Evasion
- Global Business Travel France
- Travel Lab SAS
- Oui.sncf SAS
- Fram
- Pv-Cp Distribution
- Vacances Heliade
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France Outbound Tourism Market by Category
By Age Distribution:
- Under 18 years
- 18-25 years
- 26-35 years
- 36-45 years
- 46-55 years
- Above 55 years
By Monthly Income:
- Less than US$ 2,000
- US$ 2,000-3,999
- US$ 4,000-7,999
- US$ 8,000-11,999
- US$ 12,000 & Above
By Gender:
- Male
- Female
By Purpose:
- Vacations
- Visiting Family & Friends
- Business Trips
- Study
- Others
By Mode of Transportation:
- Rail
- Air
- Sea
- Road
By Travel Frequency:
- Once each year
- Several times each year
- Once for each 2-3 years
- Others
By Season:
- January-March
- April-June
- July-September
- October-December
By Tour Category:
- Package Travel
- Semi-Independent Travel
- Group Tour
- Independent Travel
By Categories:
- Transport
- Entertainment & Site Seeing
- Travel Intermediaries
- Shopping
- Retail
- Tipping
By Preference and Behaviors:
- Value-Seeking Sightseer
- Unplugged
- Aspirant
- Individualist
- Backpacker
- Shopper
- Novice Traveler
- Sophisticated Traveler
By Tourist Attraction Favored:
- Sea/Beaches
- Countryside
- In the city
- Mountain Tracking, Natural Places
By Length of Stay:
- Nil nights
- 1-3 nights
- 4-7 nights
- 8-14 nights
- 15+ nights
By Top Destinations:
- Spain
- Italy
- United Kingdom
- Germany
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