The travel advertising sector is estimated at US$ 9.7 Billion in 2022 and is projected to reach US$ 15 Billion by 2032, at a CAGR of 9%.
The Travel Advertisement market is forecasted to grow at a consistent growth rate during the forecast period. This is majorly attributed to the growing popularity of global content and the trend of cultural integration. People interested in understanding culture from different regions and experiencing them are likely to visit these places. The natural beauty and the landscapes around the regions are attracting adventure seeking tourists and nature lovers.
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Overall, the Travel Advertisement is attracting more and more tourists each year and make them come back for experiencing more. the services provided by local businesses and the tour companies are leaving positive impression on tourists about the Travel Advertisement market.
Key Takeaways from the Travel Advertisement Market Study:
- The North America, Europe and Asia Pacific regions hold a market share of ~27%, ~24% and ~20% respectively.
- Brochures and Newspaper, magazine advertisements are the key marketing means for tourism advertisements.
- The travel agency businesses in USA increased by 5.2% in 2022.
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Key Players
- Amadeus travel advertising,
- Accord
- MMGY Global
- DANA
- DCI
- Digitalcoconut
- OP Worldwide
- LLC
- EchoVME
- D cube Technologies
- TheBeGlobal
The Travel Advertising Sector by Category
By Advertisement Media:
- Magazines
- Newspapers
- Television
- Emails
- Others
By Travel Type:
- Business Travel
- Backpacking
- Family Travel
- Others
By Tourist Type:
- Domestic
- International
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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