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Global Romance Travel Market Growth (Status and Outlook) 2023-2029

Global Romance Travel Market Growth (Status and Outlook) 2023-2029

Product Code:463271

Published Date: Feb 08,2023

Pages: 101

Region: Global

Category: Service & Software

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Romance travel is all about sharing authentic local experiences and capturing awe-inspiring moments unique to each destination. Including honeymoon tours, destination weddings, etc.

LPI (LP Information)' newest research report, the “Romance Travel Industry Forecast” looks at past sales and reviews total world Romance Travel sales in 2022, providing a comprehensive analysis by region and market sector of projected Romance Travel sales for 2023 through 2029. With Romance Travel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Romance Travel industry.

This Insight Report provides a comprehensive analysis of the global Romance Travel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Romance Travel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Romance Travel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Romance Travel and breaks down the forecast by destination city, by end users, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Romance Travel.

The global Romance Travel market size is projected to grow from US$ 937.6 million in 2022 to US$ 4491.9 million in 2029; it is expected to grow at a CAGR of 25.1% from 2023 to 2029.

Global core romance travel players include TUI AG, Internova Travel Group and World Travel etc. The top 10 companies hold a share about 24%. Europe is the largest market, with a share about 32%, followed by North America and Asia Pacific with the same share about 28%.

In terms of destination city, Florence is the largest segment, with a share about 11%. And in terms of application, the largest application is honeymoon，with a share about 36%.

This report presents a comprehensive overview, market shares, and growth opportunities of Romance Travel market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by destination city
    Hawaii (USA)
    Maldives (Maldives)
    Florence (Italy)
    Venice (Italy)
    Paris (France)
    Bali (Indonesia)
    Mauritius
    Phuket(Thailand)
    Sri Lanka(Sri Lanka)
    Others(Sanya,Copenhagen,etc.)

Segmentation by end users
    Unmarried Couples
    Honeymoon
    Destination Wedding
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    TUI AG
    Internova Travel Group
    World Travel
    Ovation Travel Group
    Perfect Honeymoons
    AAA Travel
    VIP Vacations
    Unique Romance Travel
    CTM Allure Travel
    Bliss Honeymoons
    Scott Dunn
    SparkleTour