France Luxury Travel Market is projected to Witness Healthy 20.4% CAGR Growth

Posted January 18, 2023 by allied90

France Luxury Travel Market is projected to Witness Healthy 20.4% CAGR Growth
During the forecast period, the luxury travel market is projected to be the fastest growing segment of the travel industry worldwide. The key drivers of rising luxury travel trend include inclination of people toward unique and exotic holiday experiences, increase in the middle- & upper-class disposable income & related expenditure, and growth in need and interest of people to spend more time with family

According to a new report published by Allied Market Research titled, “Luxury travel market by Type of Tour, Age Group, and Types of Traveler: Opportunity Analysis and Industry Forecast, 2021–2030,” The France luxury travel market size is projected to reach $53,636.5 million by 2030, growing at a CAGR of 20.4%, from 2021 to 2030.

The France luxury travel market is growing at a healthy rate of 20.6%, owing to increase in interest of people in unique and exotic holiday destinations.

Luxury travel is in its growth stage and it is gradually gaining market share in the overall travel industry, owing to increase in disposable income and rise in living standards of people.

The increase in the number of high-net-worth individual (HNIs) in emerging markets further propels the growth of the luxury travel market

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List of leading players: There are various players operating in the market. The report provides a competitive analysis of major players along with their market share and contribution to the studied market. Some key players of the global luxury travel market are :-

Abercrombie & Kent Ltd,

Cox Kings Ltd
TUI group
Voyageurs Du Monde
Asia.Fr, Beachcomber
Kuoni, Voyages Confidential
Ponant, and Prestige Voyages

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Allied Market Research has segmented the luxury travel market report on the basis of TYPE , AGE , TRAVELER

By Type of Tour

Customized & Private Vacation
Adventure & Safari
Cruise/Ship Expedition
Small Group Journey
Celebration & Special Event
Culinary Travel & Shopping

By Age Group

21 to 30 Years
31 to 40 Years
41-60 Years
Above 60 Years

By Type of Traveler

Absolute Luxury
Aspiring Luxury
Accessible Luxury

Get detailed COVID-19 impact analysis on the France Luxury Travel Market :-
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Last Updated January 18, 2023