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The customised holidays market is forecasted to be appraised at US$ 356.43 billion by 2032, up from US$ 105 billion in 2022, advancing at a CAGR of 13% from 2022 to 2032.

ith the rapid evolution of the travel industry along with a rise in disposable income, a new class of global travellers has emerged who don’t mind to pay more for their travel, but vie for a memorable experience while travelling as per their individual tastes and likes and dislikes. It is for such a class of travellers that the travel industry has come up with the idea of customised holidays.

Customised holidays are designed to suit the tastes and needs of a particular individual traveller or a group of travellers where they are the ones who decide the places they are going to visit, the duration of stay at each place, even the type of food they want to have and the hotel they want to stay in. Customised holidays are tailor made to suit the preferences of travellers unlike guided tours where everything is pre-decided and pre-fixed.

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Customised Holidays: Drivers and Restraints

A rising affluent and middle class is giving rise to a new type of travellers who seek personalised experiences suited to their tastes and preferences, giving rise to customised holidays.

Rising disposable incomes and economic growth in the world are the major drivers for the rising preference of and inclination towards customised holidays. The main restraint to the spread of customised holidays is the high costs associated with it that all travellers cannot afford.

Customised Holidays: Description

Tailor-made holidays or customised holidays are popular in the tourism and travel sector as they cater to the individual tastes and demands of travellers and don’t follow the philosophy of one size fits all, which is the idea on which packaged tours and guided tours work, where everything is decided in advance.

In a customised holiday, on the other hand, everything is decided by the traveller and the tour schedule is fixed as per the choices of the travellers themselves. Travellers send an initial request for proposal, in which they contact the chosen travel company even eight to nine months before the date of actual travel.

The traveller gives the travel dates, number of persons in the group, length of the journey, and the places that the traveller wants to see. Based on this information, the travel company prepares a draft itinerary and discusses the details with the traveller and also gives a rough cost estimate.

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Based on subsequent discussions between the traveller and the travel company, and taking into consideration the special requests made by the traveller, the final travel itinerary is finalised and the customer is ready to enjoy a customised holiday.

A planning fee is charged by the travel company, which is automatically credited to the final payments made by the travellers for their trip. It is to be noted that safaris, cruises and other specialised trips may require a higher planning fee.

The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.

The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.

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Key Segments Profiled in the Customised Holidays Market Survey

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The Thailand tourism market which is now valued at US$ 57 billion in 2022 and is projected to increase at a CAGR of 3% to reach US$ 76.60 billion in 2032.

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

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.

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

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

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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?

Some of the key players in the Thailand tourism market are: 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, and Thailand Elite Travel Agency

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.

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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

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The South America tourism marketis estimated to reach at US$ 320 billion as on 2022, is projected to grow at a CAGR of 4%, and the valuation is expected to go up to US$ 473.68 billion in 2032.

Architectural masterpieces along with cultural diversity and many more factors are expected to increase the demand for South America tourism.

South America is composed of 12 independent nations, and other dependent nations. Spanish is the most widely spoken language in South America, which is followed by Portuguese. English is the third most spoken language.

Tourism is one of those sectors which contributes to the GDP of not only a nation, but an entire continent. There are countries across the world which are solely dependent on tourism for their economic growth. So, indeed tourism is necessary not only for the tourists but nations as well.

South America is one of the most underrated tourist destinations. It is the land of mesmerising nights and festivals. It is specifically known for its beautiful mountains, exotic landscape, lively beaches, glorious wildlife, waterfalls and plenty of other things.

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Generally, the climate in South America remains hot and humid. The climate tends to be highly volatile going further South.

What are the Current Market Dynamics pertaining to South America Tourism Market?

From rainforests to archaeological sites, South America has it all to offer for all kinds of tourists. However, choosing just one vacation spot becomes a challenging task when the continent has so much to offer.

Argentina is believed to be one of the most attractive tourist destinations in South America. The country has a lot to offer, be it desert, jungles, or beaches. This is the country which keeps the tourists hooked.

Iguazu falls is located in the border of Brazil and Argentina. These are a part of UNESCO world heritage sites, and are one of the most majestic sites in the entire South American region. Visitors have the luxury of going closer to the Iguazu falls through the walkways.

Buenos Aires, which is the capital of Argentina, is one of the most lively and beautiful cities. One should make it a point to visit La Boca, where the Caminito Street Museum is located, which is meant for its brightly painted houses, cafes, and the brilliant tango dancers

Recoleta Cemetery is another must visit place in Beunos Aires, which is a mausoleum containing the remains of certain famous Argentinians, along with gardens, museums, and café.

For all those who want to venture into hiking, Tierra del Fuego national park is a must visit place. Apart from hiking, the park has plenty to offer ranging from waterfalls, dense forests, mountains, and elegant glacier fed lakes.

Puerto Madryn is another place in Argentina, which is famous for being a cruise destination. It is mainly meant for its rugged coast line, which is quite popular amongst the water sports enthusiasts.

What is the Regional Outlook for the South America Tourism Market?

The South America tourism market size is expected to expand in the coming days. The countries that have been analysed are: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela.

Argentina is the most visited country in South America. Argentina is followed by Brazil. Chile is the third most visited country in South America.

Who are Some of the Key Players in the South America Tourism Market?

Some of the key players in the South America tourism market are: Pentravel, CVC Travel, Thompsons, Suretravel, VIAJANET, Hostelworld Group, Harveyworld, IGO Travel, Computravel, LuxuryAfrica, and Despegar.

After, more than two years, the focus for South America tourism market remains to increase the footfall of the tourists, and to revive the tourism sector to its glory, as the past two years have been relatively dry for the region.

South America’s Latam airlines is working harder to emerge from restructuring during the second half of 2022.

• Despegar completes acquisition of VIAJANET in June 2022.
• Hostelworld group launches ‘The Solo System’, a set of social features enabling opt-in travellers to connect and meet in real life.

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Key Segments Profiled in the South America 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

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
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The bird cages and accessories market is valued at US$ 2.5 Bn in 2022. Sales are projected to increase at a 5.0% CAGR, with the market expected to  reach US$ 4.1 Bn by 2032.

There has been an increase in the demand for decorative cages so that they suit the aesthetics of the place. The bird cages and accessories market is also driven by the fact that there has been an increase in the disposable income.

Moreover, there has been an increase in the adoption of pet birds in almost every part of the world. This is expected to increase the demand for bird cages and accessories during the forecast period. Additionally, the rapid growth of E-commerce presents a huge opportunity for the market. The simple reason being that the customers get to select from a variety of brands.

Moreover, in the current times, the manufacturers are laying a lot of emphasis on the quality of the product. To ensure this, they are using high standard raw materials so that the cages and the accessories present a non-toxic, safe, and natural environment for the soft bodies of the pet birds. This might increase the sales of bird cages and accessories during the forecast period.

However, if there is a sub niche which has greatly furthered the growth of the market, it is the poultry cages segment. There has been an increase in the consumption of poultry products as they ensure a healthy body.

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Another reason why the poultry cages are a huge source of revenue for the market is because people can afford to start a business in this niche because of the requirement of low capital.

Thus, from the insights presented by FMI, it can be inferred that an increase in the disposable income, coupled with the rise of the poultry cage market, and many other factors are expected to drive the bird cages and accessories market.

Key Takeaways

• The bird cages and accessories market is expected to grow at a CAGR of 5% during the forecast period.
• The bird cages and accessories market has a valuation of US$ 2.5 bn as on 2022.
• By 2032, the market is expected to reach a valuation of US$ 4.1 bn.
• North America is the largest bird cages and accessories market, and had a market shared of 21% in 2021.
• Europe is expected to be one of the most significant markets.
• Asia Pacific is expected to be the fastest growing bird cages and accessories market during the forecast period.
• Based on type, the cages segment has the highest bird cages and accessories market share.
• Based on the sales channel, the online retailers segment has the highest market share.
• Based on price range, the premium segment has the highest market share.

Competitive Landscape

The key players are making the best use of the available technology to manufacture top quality products. Additionally, the market is also experiencing a number of mergers and acquisitions because of a variety of reasons, some of which are product diversification, and entering into new regions.

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Some of the recent developments are:

• In May 2022, Prevue Pet Products received the prestigious Vanguard award for avian merchandising.
• In July 2022, Salmet had developed SalProgress+, which is a unique way of installing a wide array of sensors and other data collectors in poultry farms.

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The refurbished sneaker market is estimated to observe growth at a CAGR of 8.5% and is likely to touch a valuation of USD 407 Mn by 2032, while it holds a revenue of USD 180 Mn in 2022. Global study on refurbished sneaker market explains that the market conditions are in favor of the stained, marked, discoloration, and fading sneakers that fuel the sales of refurbished sneakers.

These sneakers are with no sign of wear or flaws and are gently worn. These sneakers are generally cosmetically flawed with visible light wear. Another factor that fuels the demand for refurbished sneakers is their easy availability and well-worked sales channel.

Covid-19 and the lockdowns followed by it led to job losses and impacted the middle- class strata with the economic crisis. Therefore, the investment in new branded sneakers is next to impossible task.

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Research report on refurbished sneakers market explains that the refurbished sneaker market holds a fruitful future for the new brands introduced refurbished. It’s a win-win concept for the brands as the flawed, slightly used and deformed pairs will no longer be a loss factor for the manufacturing company.

Key Takeaways from Market Study

• The refurbished sneaker market is expected to increase with a market share of 22.86% in North America.
• Europe is expected to account for 18.67% market share during the assessment year.
• Refurbished sneaker market demand analysis explains that the start-ups are innovating various new refurbishment methods along with better sales channel management and enhanced marketing funnels.
• Mumbai based startup, Greensole recycles and refurbishes old shoes into best comfortable eco-friendly vegan shoes and stylish shoes for men, women and children.

 “Latest fashion influencers adopting and promoting sneakers along with higher affordability and accessibility gains traction for the market and is anticipated to fuel it during the forecast period.People went through the cash crunch post-covid-19 and it has taken them some time to get recovered from the phase. However, companies have understood the task and have started introducing cheaper products. Though, another, options that the vendors hold is the introduction of a refurbished section.”  says a Future Market Insights analyst.”

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Competitive Landscape

The Refurbished sneaker market is fragmented by the several key vendors present in the market to lift the market share of refurbished sneaker. These players are using various tactics to acquire bigger share in the market in recent years.

Some of the popular marketing methods adopted by key players are mergers, collaborations, partnerships, product launches, acquisitions and others during the forecast period.

Recent Market Development

• Nike has launched its refurbishment section that extends the llife of eligible products by taking like-new, gently worn, and slightly imperfect kicks, refurbishing them by hands.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Refurbished sneaker market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on Application (Food, Beverage, Pharmaceuticals, Other (Applications), Form (Natural Refurbished sneaker, Synthetic Refurbished sneaker), Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA)

Key Segments

Consumer Orientation:

• Men
• Women
• Kids

Price Range:

• Mass Refurbished Sneaker
• Premium Refurbished Sneaker

Sales Channel:

• Online
• Offline

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Dubai
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The global wedge boots market is anticipated to reach a market valuation of US$ 3,400 Million by the year 2022, accelerating with a moderate CAGR of 3.8% by 2022-2032. Wedge Boots market size is anticipated to be valued at about US$ 4,940 Million by 2032 end.

Wedge boots have become a wardrobe staple for modern ladies thanks to its good looks, comfort, versatility, and wide availability of many types. The product’s popularity has skyrocketed alongside the influence of famous people on it, thanks to various forms of media such as movies, TV shows, newspapers, social media platforms, and more.

The increasing number of working women has led to a surge in interest in the demand for wedge boots. Wedge boots are popular in the winter because they help keep feet warm and dry, which is especially important in colder climes.

As more and more runways show highlight wedge boot styles, this serves as a crucial growth driver as it introduces the product to a larger audience and perhaps inspires more people to buy them. Wedge boots became commercially available after they became a staple at festivals, clubs, bars, and other social gatherings. Since most fashion enterprises are relocating to major cities, where the population is both more affluent and more fashion-conscious, this trend also contributes to the growth of the wedge boots market.

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Due to the widespread availability of wedge boots in retail establishments across Europe, including department shops, specialty boutiques, shoe stores, and shopping centres, the region is poised for rapid growth in the future years. Demand for wedge boots is rising thanks in part to the product’s suitability for use in popular night-time hangouts like bars, pubs, cafes, pool parties, concerts, and others. Increasing rates of shopping addiction are also contributing to the growth of the retail industry.

Key Takeaways

• North America is the fastest growing region for the Wedge Boots market with a market share of 54%.
• More and more runway shows are using different styles of wedge boots, which is likely to increase demand for them.
• Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology.
• During the forecasted period, North America is anticipated to be the most important area for the wedge boots market with a share of 29.54%.
• Asia Pacific wedge boots market has a market share of 76%.

Competitive Landscape

It is anticipated that major players in the wedge boots market would place increased emphasis on developing their businesses in the Asia Pacific region, notably in countries like India and China, as the demand for wedge boots continues to grow. The leading firms in the wedge boots industry are likely to increase their spending on R&D in the coming years as they attempt to keep up with the wedge boots market and stay ahead of the competition.

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The quality and durability of wedge boots are well-known. The proliferation of boot brands and the subsequent flood of new products has fuelled the growth of the wedge boots market. Since these items are used so frequently, especially in climates with milder winters and summers, rising demand for wedge boots is anticipated. We see a rise in demand for lightweight and flexible items as more cutting-edge production methods and materials become available. Leather shoes are highly sought after by consumers because of its durability and adaptability to a wide variety of settings and occasions, from manual labour to a night out on the town in designer heels.

Wedge boots continue to be in high demand, and companies are responding to consumer demand by releasing new, more fashionable ankle boots. Manufacturers are releasing a new line of high-end wedge boots with innovative design and cutting-edge technology. Those same factors are likely to play a significant role in driving the wedge boots market forward throughout the anticipated time frame.

The key players in the market include Clarks, Calvin Klein, GUESS, Charles, Wolverine, Calzaturificio Casadei SpA, Bottega Veneta, and Giuseppe Zanotti