Thailand Tourism Industry: Anticipating Exponential Growth, Aiming for US$ 84,027.30 Million by 2034 | FMI

Thailand Tourism Market
Thailand Tourism Market

In 2024, Thailand tourism demand is expected to be worth US$ 61,323.00 million. Thailand is a cost-effective travel destination because of its low airfare, and by 2034, the industry might be worth more than US$ 84,027.30 million. Over the course of the projected period, the tourist industry is expected to register a CAGR of 3.2% due to strong investment in infrastructure.

The rich history, wildlife, food, and many other factors are expected to increase the influx of tourists and drive the demand for Thailand tourism.

Thailand is located in South East Asia. In fact, Thailand remains the only Southeast Asian country that was never colonized by any European Nation. The name ‘Thailand’ itself means ‘land of the free’.

Thailand was once popularly known as ‘the Venice of the East’. The reason was that the waterways were the mode of transportation. Although Thailand doesn’t have any official religion, more than 90% of Thais are Buddhist.

The Thai is the most widely spoken language in Thailand.

Apart from that, Thailand also has the reputation of being the largest exporter of Orchids in the world.

Moreover, the bumble bee bat, which is the smallest mammal in the world is found in Thailand.

What are the Current Market Dynamics pertaining to Thailand Tourism Market?

Thailand is believed to be one of the most famous destinations for rock climbers. The tourists from across the world visit the Railay beach for rock climbing. This something which tourists look forward to while visiting Thailand.

Thailand is also the place for some of the most beautiful beaches. The beaches are or everybody, be it for spending time in solace, for partying, or for learning to dive.

Both Phuket and Krabi, which are located in Southern Thailand are thronged by tourists across the world. They are incredibly famous for their well-developed facilities and plentiful activities.

Likewise, on the East of Thailand, islands like Ko Pha-Ngan and Ko Samui are stunning beaches and is especially for those who want to stay away from the hustle of the cities, and need to spend some peaceful time.

Who are Some of the Key Players in the Thailand Tourism Market?

  • Bangkok Travel Agency Thailand
  • NS Travels & Tours
  • Elite Holiday & Agency
  • Sun Leisure World
  • Holiday Tours and Travel
  • Bike Tours Thailand
  • Thailand Holiday Group
  • Thai Travel Plus Co. Ltd.
  • TIC Holidays Company Limited
  • Thrilling Thai tours ltd.
  • Discover Thailand Co. Ltd.
  • Exodus Travels
  • Thailand Elite Travel Agency
Ready to Learn About Our Approach? Explore Our Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-th-3020

Thailand tourism market is expected to face a tough rebuild as all the covid travel curbs ends from July 2022. The rebuild is expected to be challenging following tough norms and lack of tourists visiting Thailand.

Thailand’s new tourism campaign, Amazing Thailand New Chapter, is an attempt to revive the country’s economy.

  • Thrilling Thai tours were the winners of the Get Your Guide Awards, 2018.
  • Exodus travels won the Wanderlust Awards Best Response to the Pandemic – Bronze.

Key Segments Profiled in the Thailand Tourism Market Survey

By Booking Channel:

  • Phone booking
  • Online booking
  • In person booking

By Consumer Orientation:

  • Men
  • Women
  • Children

By Age group:

  • 15-25 years
  • 26-35 years
  • 36-45 years
  • 46-55 years
  • 56-65 years
  • 66-75 years

By Tour type:

  • Independent traveller
  • Tour Group
  • Package Traveller

By Tourist Type:

  • Domestic
  • International

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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