Travel and Tourism Market- UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 11.50% (2024-2032)
The UAE travel and tourism market is thriving with growth driven by high tourist inflows, luxury offerings, and major event. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 11.50% from 2024 to 2032.
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UAE Travel and Tourism Market Trends and Drivers
- The UAE is expanding its travel and tourism market by diversifying its economy and establishing itself as a global tourism hub.
- Government initiatives like the "Dubai Tourism Strategy 2025" aim to attract 25 million visitors annually by enhancing the visitor experience and expanding attractions.
- High-profile events such as Expo 2020 Dubai have boosted tourism, showcasing the UAE's capability to host large-scale international events.
- Cultural tourism is on the rise, with key attractions like the Louvre Abu Dhabi and Sheikh Zayed Grand Mosque diversifying the market.
- A key trend is the increasing focus on sustainability and experiential travel, driven by demand for eco-friendly options like green hotels and eco-resorts.
- The UAE promotes conservation-focused experiences such as desert safaris to cater to environmentally conscious travelers.
- Personalized and experiential travel is shaping the market, with a growing demand for adventure tourism and wellness retreats.
- Continued investment in tourism infrastructure and strategic marketing is expected to sustain the market's growth in the coming years.
UAE Travel and Tourism Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE travel and tourism market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Type Insights:
- Domestic
- Inbound
- Outbound
Service Offering Insights:
- Ticket Reservation
- Hotel Booking
- Holiday/Tour Packages
- Others
Purpose of Visit Insights:
- Business
- Leisure and Recreation
- Education
- Medical
- Social Activity
- Others
Booking Type Insights:
- Travel Companies
- Travel Agencies
- Online
- Others
Region Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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