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Saudi Arabia Travel and Tourism Market Summary and Forecast

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    Report

  • 38 Pages
  • January 2024
  • Region: Saudi Arabia
  • MarketLine
  • ID: 5934984
Description Jump to:
Travel & Tourism in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
  • The Saudi Arabian travel & tourism industry had total revenues of $36.9 billion in 2022, representing a compound annual growth rate (CAGR) of -0.9% between 2017 and 2022.
  • The passenger airlines segment accounted for the industry's largest proportion in 2022, with total revenues of $18.8 billion, equivalent to 51.1% of the industry's overall value.
  • Saudi Arabia's travel & tourism industry has been growing significantly in recent years. This is an attempt by the government to diversify the economy away from the oil industry and market the nation as a travel destination.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Saudi Arabia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Saudi Arabia
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia travel & tourism market with five year forecasts

Reasons to Buy

  • What was the size of the Saudi Arabia travel & tourism market by value in 2022?
  • What will be the size of the Saudi Arabia travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the Saudi Arabia travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Saudi Arabia's travel & tourism market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. McDonald's Corp
8.2. Flynas Co LCC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Saudi Arabia travel & tourism industry value: $ million, 2017-22
Table 2: Saudi Arabia travel & tourism industry category segmentation: % share, by value, 2017-2022
Table 3: Saudi Arabia travel & tourism industry category segmentation: $ million, 2017-2022
Table 4: Saudi Arabia travel & tourism industry geography segmentation: $ million, 2022
Table 5: Saudi Arabia travel & tourism industry value forecast: $ million, 2022-27
Table 6: McDonald's Corp: key facts
Table 7: McDonald's Corp: Annual Financial Ratios
Table 8: McDonald's Corp: Key Employees
Table 9: McDonald's Corp: Key Employees Continued
Table 10: CRG Holdings, LLC : key facts
Table 11: Flynas Co LCC: key facts
Table 12: Flynas Co LCC: Key Employees
Table 13: Saudi Arabia size of population (million), 2018-22
Table 14: Saudi Arabia gdp (constant 2005 prices, $ billion), 2018-22
Table 15: Saudi Arabia gdp (current prices, $ billion), 2018-22
Table 16: Saudi Arabia inflation, 2018-22
Table 17: Saudi Arabia consumer price index (absolute), 2018-22
Table 18: Saudi Arabia exchange rate, 2018-22
List of Figures
Figure 1: Saudi Arabia travel & tourism industry value: $ million, 2017-22
Figure 2: Saudi Arabia travel & tourism industry category segmentation: $ million, 2017-2022
Figure 3: Saudi Arabia travel & tourism industry geography segmentation: % share, by value, 2022
Figure 4: Saudi Arabia travel & tourism industry value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in Saudi Arabia, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Saudi Arabia, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Saudi Arabia, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Saudi Arabia, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Saudi Arabia, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Saudi Arabia, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDonald's Corp
  • Flynas Co LCC

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