IMARC Group has published a market research report titled “GCC Outbound Travel and Tourism Market Report by Tourism Type (Leisure, Religious, Cultural Tourism, Medical Tourism, Sports and Adventure, MICE Tourism, and Others), Spending Type (Air Tickets, Hotels, Insurance, and Others), Age Group (Generation Z, Millennials, Generation X, Baby Boomers), Booking Method (Online, Offline), and Country 2024-2032“, The GCC outbound travel and tourism market size is projected to exhibit a growth rate (CAGR) of 15.8% during 2024-2032.
Outbound travel and tourism refers to the travel activities of residents traveling outside their country to explore new destinations, experience different cultures, conduct business meetings, attend conferences or events, or enjoy recreational activities. It involves a range of services and experiences, including transportation, accommodation, dining, entertainment, and shopping. It allows individuals to experience different traditions and lifestyles. It reduces stress, enhances mood, promotes relaxation, and encourages physical activities through hiking, sightseeing, and water sports. It allows people to broaden their horizons, gain new perspectives, improve communication skills, and develop greater independence. It is also used for educational purposes, as it provides access to exchange programs, language courses, internships, and cultural immersion experiences.
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GCC Outbound Travel and Tourism Market Trends and Drivers
Presently, the growing diversification of tourism, including the development of cultural attractions, theme parks, entertainment complexes, and adventure tourism facilities, represents one of the key factors positively influencing the market in the GCC region. Additionally, the rising middle-class population is catalyzing the demand for outbound travel and tourism as their lifestyles are evolving and becoming more cosmopolitan. In line with this, the increasing air travel infrastructure and the presence of major international carriers are enhancing air connectivity and making traveling abroad accessible for residents, which is strengthening the growth of the market in the region. In addition, governing agencies in the GCC region are undertaking initiatives to promote outbound tourism, such as visa facilitation, promotional campaigns, and partnerships with airlines and travel agencies, thereby facilitating the market growth. Besides this, the increasing number of events, conferences, and exhibitions that are attracting business travelers from around the world is stimulating the growth of the market in the GCC region. Furthermore, online booking platforms, travel apps, and review websites are making it easier for individuals to research destinations, compare prices, book accommodations, and arrange activities online, thereby offering a favorable market outlook. Apart from this, people are willing to spend on premium travel experiences, including luxury accommodation, dining, shopping, and entertainment, which is propelling the growth of the market in the region.
Report Segmentation:
The report has segmented the market into the following categories:
Tourism Type Insights:
- Leisure
- Religious
- Cultural Tourism
- Medical Tourism
- Sports and Adventure
- MICE Tourism
- Others
Spending Type Insights:
- Air Tickets
- Hotels
- Insurance
- Others
Age Group Insights:
- Generation Z
- Millennials
- Generation X
- Baby Boomers
Booking Method Insights:
- Online
- Offline
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
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