In 2022, the Asia Pacific religious tourism market was valued at USD 5.3 billion, and by 2033, it is predicted to have grown to USD 15.8 billion, with a CAGR of 11.4%. In the Asia Pacific region, the travel and tourism business is one of the sectors that is expanding quickly. Foreign tourists who are interested in seeing an aspect of themselves that is different from their own and local visitors who have a religious attachment to the destination are the two main categories of religious travelers in the Asia Pacific region.
The Asia Pacific religious tourism market may be broken down into a variety of categories, including pilgrimages, faith-based camps, retreats, congresses, and religious rallies, as well as leisure travel, overnight stays, visits to monasteries, and other religious tourist sites. The expansion of the Asia Pacific religious tourism industry is attributed to a rise in disposable income, rise in population, and consumer knowledge of vacation destinations. The Asia Pacific religious tourism industry is also driven by an increase in vacation destinations, a rise in leisure tourists, and low-cost airplane tickets.
Get Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-ap-3575
Many tourism organizations are advertising and advocating religious travel by utilizing social media, which is expected to help the religious travel sector in Asia Pacific flourish. The need for greater variety within a trip is a global trend that is also helping to fuel the profitable expansion of religious tourism in the Asia Pacific region.
Key Takeaways from the Market Study
- Sales in the worldwide Asia Pacific religious tourism market increased significantly between 2018 and 2022, with a CAGR of 7.1%.
- The Asia Pacific religious tourism industry saw a 32% market share for religious and heritage trips combined in 2022.
- The age bracket of 46 to 55 is most likely to go to Asia Pacific on a religious vacation.
- Online booking accounted for more than 40% of the Asia Pacific religious travel industry in 2022.
- The Indian market for religious travel has a 64.8% market share in 2022.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-AP-3575
“The Asia-Pacific area is seen to be the center of the world’s religions. The Asia Pacific religious tourism industry is expected to develop as more people travel and make pilgrimages to religious events for both domestic and foreign tourism,” remarks an FMI analyst.
Competitive Landscape
Prominent players in the Asia Pacific religious tourism market are:
- Easy Tour China Travel Co. Ltd.
- Com
- Viator, Inc.
- S. Travel & Tours Co., Ltd
- Go Thailand Tours
- Kesari Tours Pvt. Ltd
- Heritage Tours & Travels
- Vansol Travel & Tours
The major companies in the Asia Pacific religious tourism market are implementing creative growth strategies. Some of the major advancements in the Asia Pacific religious tourism industry include:
- In March 2023, The Wendy Wu Tours announced that they will be hosting a free, much-expanded virtual performance in China. This event’s goal is to showcase China’s well-known locations and unique hidden gems.
- A 10-day excursion to the Shrine of Our Lady of Fatima was introduced by 206 Tours Inc. in 2023. Even now, one of the oldest and most renowned Marian Shrines is still standing. The Fatima events rose to fame due to their apocalyptic and prophetic components, notably in regards to a potential world war and Russia’s conversion.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global Asia Pacific religious tourism market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the Asia Pacific religious tourism market, the market is segmented on the basis of type, services, booking channel, tour type, and age group across seven major countries.
About the Travel and Tourism Division at Future Market Insights
The travel and tourism team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Key Segments in the Asia Pacific Religious Tourism Market
By Type:
- Day Trips & Local Gateways
- Museums
- Pilgrimages
- Religious and Heritage Tours
- Others
By Booking Channel:
- Online Booking
- Offline Booking
By Tour Type:
- Independent Traveller
- Tour Group
- Package Traveller
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube