Outbound Tourism in Japan: Expected to Grow at a CAGR of 27.1% by 2033 – Total Spending Year-on-Year Growth Projections

Outbound Tourism in Japan
Outbound Tourism in Japan

During the forecasted period, the outbound tourism sector in Japan is anticipated to experience a compound annual growth rate (CAGR) of 27.1%. The ecosystem’s value is forecasted to escalate from USD 5,271.0 million in 2023 to USD 57,856.2 million by 2033. As of the conclusion of 2022, Japan’s outbound tourism revenue stood at USD 3,670.0 million.

As Japanese travelers increasingly seek richer and more meaningful experiences abroad, the traditional concept of tourism is evolving into experiential journeys. Beyond mere sightseeing, travelers are now drawn to cultural workshops, hands-on activities, and interactions with local communities, seeking to immerse themselves in the destinations they visit.

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To cater to this shift, travel agencies and platforms are offering personalized itineraries tailored to individual interests, ensuring that each trip is unique and memorable. Meanwhile, promoting domestic tourism within Japan presents a lucrative opportunity for growth.

By highlighting lesser-known destinations and emphasizing unique cultural experiences, tourism stakeholders can attract local travelers eager to explore their own country. Creating special packages that showcase the diverse offerings of Japan further incentivizes local exploration, contributing to the growth and prosperity of the domestic tourism industry.

A Legacy of Culture: A Timeless Draw

Japan’s rich cultural heritage draws tourists from both within and beyond its borders:

  • Festivals and Traditions: Traditional festivals, historic temples, and diverse art forms offer a captivating glimpse into Japanese culture.

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A Bright Future for Japan’s Outbound Tourism Market

The future of Japan’s outbound tourism market appears remarkably promising. Fueled by a growing desire for international exploration, a focus on enriching experiences, and a flourishing domestic tourism industry, the market is well-positioned to witness continued growth. As Japanese travelers venture out to explore the world and embrace their own cultural tapestry, the global tourism landscape stands to benefit from their adventurous spirit.

Key Players

  • One Life Adventures
  • On-the-go tours
  • Supera Tours
  • Bamba
  • Europamundo
  • Agate Travel
  • Learning Journeys
  • INTRO Travel
  • Trafalgar
  • Stunning Tours
  • The Dragon Trip
  • Intrepid Travel
  • Expedia
  • Trip Advisor
  • Colin Cowie Lifestyle
  • Explore
  • G Adventures

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Segmentation of Outbound Tourism in Japan by Category

By Demographics:

  • Male
  • Female
  • Kids

By Purpose:

  • Business Travel
  • Leisure Travel
  • Education, Employment, and Pilgrimage
  • Visiting Friends and Relatives

By Tour:

  • Family
  • Couple
  • Individuals

By Type:

  • Cultural & Heritage Tourism
  • Medical Tourism
  • Eco/Sustainable Tourism
  • Sports Tourism
  • Wellness Tourism
  • Others

By Age Group:

  • Under 15
  • 15 to 25
  • 26 to 35
  • 36 to 45
  • 46 to 55
  • Over 55

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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