Travel & Tourism in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Chinese travel & tourism industry had total revenues of $215.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 13.7% between 2017 and 2022.
- The hotels & motels segment accounted for the industry's largest proportion in 2022, with total revenues of $83 billion, equivalent to 38.5% of the industry's overall value.
- The outbreak of the COVID-19 pandemic halted the travel and tourism sector, thereby impacting the revenues of the industry. The country’s government has introduced a “zero COVID” policy, which imposes harsh rules and regulations to contain the spread of the virus. This is impacting industry growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in China
- 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 China travel & tourism market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the China travel & tourism market by value in 2022?
- What will be the size of the China travel & tourism market in 2027?
- What factors are affecting the strength of competition in the China travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitiors in China's travel & tourism market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Jin Jiang International Holdings Co Ltd
- China Southern Airlines Co Ltd
- Yum! Brands, Inc.