The travel advertising sector is estimated at US$ 9.7 Billion in 2022 and is projected to reach US$ 15 Billion by 2032, at a CAGR of 9%.
The Travel Advertisement market is forecasted to grow at a consistent growth rate during the forecast period. This is majorly attributed to the growing popularity of global content and the trend of cultural integration. People interested in understanding culture from different regions and experiencing them are likely to visit these places. The natural beauty and the landscapes around the regions are attracting adventure seeking tourists and nature lovers.
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Overall, the Travel Advertisement is attracting more and more tourists each year and make them come back for experiencing more. the services provided by local businesses and the tour companies are leaving positive impression on tourists about the Travel Advertisement market.
Key Takeaways from the Travel Advertisement Market Study:
- The North America, Europe and Asia Pacific regions hold a market share of 27%, 24% and 20% respectively.
- Brochures and Newspaper, magazine advertisements are the key marketing means for tourism advertisements.
- The travel agency businesses in USA increased by 5.2% in 2022.
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Key Players
- Amadeus travel advertising,
- Accord
- MMGY Global
- DANA
- DCI
- Digitalcoconut
- OP Worldwide
- LLC
- EchoVME
- D cube Technologies
- TheBeGlobal
The Travel Advertising Sector by Category
By Advertisement Media:
- Magazines
- Newspapers
- Television
- Emails
- Others
By Travel Type:
- Business Travel
- Backpacking
- Family Travel
- Others
By Tourist Type:
- Domestic
- International
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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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 over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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