India Travel Market Report 2021-2025
- Published:
- September 2022
- Research Type:
- Report
- Figures:
- 27
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Traditional Agencies & TMCs
- Regions:
- Asia Pacific
Summary
After plummeting 69% in 2020, India’s travel market is well on its way to recovery. Travel gross bookings grew by 91% in 2021 to $19.1 billion, as the sector bounced back from the pandemic-induced downturn. While this growth came on the back of a significantly diminished base, the strong upward trajectory illustrates that a robust rebound is underway. With the return of travel and industry more generally, the India market is anticipated to return to pre-pandemic levels in 2023.
This report provides a comprehensive view of the India travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
Phocuswright’s India Travel Market Report 2021-2025 is available for purchase as a standalone report for $795. For a more comprehensive regional analysis, this report is also available as part of the Asia Pacific Travel Market Report 2021-2025 series. All of the following are included in the purchase of the series (available now or publishing soon):
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An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.