The GCC outbound tourism industry size is poised for significant growth, reaching USD 75,126.10 million in 2024. The GCC outbound travel and tourism industry is expected to witness a strong CAGR of 7.8% from 2024 to 2034. By 2034, the GCC outbound tourism industry is anticipated to attain a worth of USD 158,880.1 million.
The significant number of GCC residents travelling abroad, boosts the industry growth for GCC outbound tourism. The escalating rise in disposable incomes, relaxed visa regulations, favorable exchange rates, and surging connectivity positively contribute to the industry expansion for GCC outbound tourism.
The expansion of airline networks and the presence of major carriers have enhanced connectivity, making it easier for GCC residents to reach international destinations. The growing demand for halal tourism presents the lucrative potential for destination and service providers to cater to the particular needs of Muslim travelers, such as halal food, prayer facilities, and a family-friendly environment.
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Experience travel remains prevalent, with GCC tourists preferring personalized travel experiences over traditional sightseeing. This trend creates an opportunity for specialized tourism businesses that match the upscale tastes and preferences of GCC visitors, such as adventure tourism, gourmet experiences, and wellness getaways. With these emerging trends, the travel and tourism industry has plenty of opportunities to innovate and meet the diverse demands of the Gulf Cooperation Council (GCC) tourists.
Economic fluctuation has an unfavorable impact on disposable income, which results in lower spending on leisure travel in the GCC. Travel hurdles that hinder potential visitors include cumbersome visa requirements or complex application procedures for specific destinations. Inadequate tourism services or transportation infrastructure constrict the growth of the GCC outbound tourism industry’s trip experience.
Country-wise GCC Outbound Travel and Tourism Sector Outlook
- The GCC outbound tourism sector expands because Saudi tourists from Egypt, Turkey, and Malaysia are drawn to foreign locations with significant cultural and religious value.
- Due to its advantageous position and first-rate aviation infrastructure, the UAE is accessible to tourists traveling abroad from the GCC, South Asia, Africa, and other continents.
- Qatar’s wealthy traveler population favors upscale accommodation, shopping, and dining experiences overseas because they can afford it, surging the adoption of GCC outbound tourism.
- Foreign travelers interested in learning about different cultures and civilizations are drawn to Bahrain’s historical sites and cultural legacy, boosting the GCC outbound tourism industry expansion.
- Outbound tourism habits are influenced by Kuwait’s cultural linkages to Egypt, Lebanon, and Turkey, where visitors frequently go for their historical and gastronomic attractions.
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“The flourishing middle class, increasing disposable incomes, and growing demand for international travel adventures are envisioned to foster significant expansion in the GCC outbound tourism industry. The GCC’s prospects, amplified by favorable government efforts and improved travel infrastructure, enhance outbound tourism vendor opportunities”, opines an analyst at FMI.
Key Takeaways
- The domestic segment in the tourist type category is set to acquire a significant share of 57.3% in 2024.
- In the age group category, the 26-35 years segment is on track to possess an industry share of 32.0% in 2024.
- The GCC outbound tourism industry in UAE collected the leading revenue through 2034.
Competitive Landscape
The GCC outbound tourism providers aim for strategic partnerships and diverse marketing strategies to expand their business and attract numerous customers. Leading GCC outbound tourism vendors concentrate on service innovation and strive to offer their customers the most significant possible experience.
Notable Developments
- The sustainable travel website Galapagos.com was launched by Big Five Tours & Expeditions. The website is named after the Galapagos Islands, home to some of the rarest species on Earth and the source of Darwin’s theory of evolution.
- VisitBritain presents a campaign called “Come See Things Differently” to tourists from the Gulf Cooperation Council (GCC), highlighting various British experiences, from dynamic cities to untamed coasts. The Electronic Travel Authorization scheme has been implemented to promote numerous visits and restore pre-pandemic tourism levels by 2024 and beyond.
- As part of the GCC 2030 tourism strategy, the Gulf Cooperation Council (GCC) intends to implement a single tourist visa by 2025. The goal is to enhance hotel occupancy rates and inter-GCC travel, with an annual growth in visitor numbers of 7%.
Key Players:
- Big Five Tours & Expeditions Inc.
- G Adventures, Praxis Holidays LLP
- Greenloons LLC
- Responsible Travel
- Steppes Travel
- Farhat Tours & Transfers S.P.C.
- Royal Arabian Destination Management
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Key Segmentations:
By Tourist Type:
- Domestic
- International
By Age Distribution:
- Under 18 years
- 18-25 years
- 26-35 years
- 36-45 years
- 46-55 years
- Above 55 years
By Tourism Type:
- Holiday
- VFR (Visit Friends and Relatives)
- Business
- Others
By Traveler Type:
- Independent Traveller
- Tour Group
- Package Traveller
By Country:
- Saudi Arabia
- United Arab Emirates (UAE)
- Qatar
- Bahrain
- Kuwait
- Oman
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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