India’s travel services market is expected to grow by USD 11.11 billion

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The market is fragmented and the degree of fragmentation will accelerate over the forecast period. Airbnb Inc., Cleartrip Pvt. Ltd., Cox and Kings Ltd., Indian Railway Catering and Tourism Corp. Ltd., ITC Ltd., MakeMyTrip Ltd., Oravel Stays Pvt. Ltd., Thomas Cook India Ltd., TripAdvisor LLC and Yatra Online Inc. are some of the major players in the market. The increase in the number of mergers and acquisitions, partnerships and strategic alliances will provide immense opportunities for growth. To take advantage of current opportunities, market vendors need to strengthen their presence in fast-growing segments while maintaining their positions in slow-growing segments.

travel services market in India 2021-2025: Segmentation

The market for travel services in India is segmented as below:

  • Service
    • Domestic flight services
    • Hotel accommodation services
    • Rail ticketing services
    • Cabin services
    • Others
  • Reservation

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travel services market in India 2021-2025: supplier analysis and scope
To help companies improve their market position, the online travel services market India provides a detailed analysis of about 25 vendors operating in the market. Some of these providers include Airbnb Inc., Cleartrip Pvt. Ltd., Cox and Kings Ltd., Indian Railway Catering and Tourism Corp. Ltd., ITC Ltd., MakeMyTrip Ltd., Oravel Stays Pvt. Ltd., Thomas Cook India Ltd., TripAdvisor LLC and Yatra Online Inc.

The report also covers the following areas:

  • travel services market in India Cut
  • travel services market in India tendencies
  • travel services market in India industry analysis

The growing adoption of online payment platforms is expected to become one of the major market drivers. However, the huge competition among players leading to price war may threaten the growth of the market.

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Supported by competitive intelligence and benchmarking, our studies focus on the market for travel services in India are designed to provide entry support, customer profile and mergers and acquisitions as well as strategic go-to-market support.

travel services market in India 2021-2025: Highlights

  • Market CAGR over the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the Travel Services Market India over the next five years
  • Estimation of the market size of travel services in India and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the travel services market in India
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of the factors that will challenge the growth of the Travel Services Market vendors in India

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Contents:

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by service

  • Market segments
  • Comparison by service
  • Domestic Flight Services – Market size and forecast 2020-2025
  • Hotel accommodation services – Market size and forecast 2020-2025
  • Rail Ticketing Services – Market size and forecast 2020-2025
  • Taxi services – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by service

Market segmentation by booking

  • Market segments
  • Comparison by booking
  • Online – Market size and forecast 2020-2025
  • Offline – Market size and forecast 2020-2025
  • Market Opportunity Per Booking

Customer landscape

  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Airbnb inc.
  • Cleartrip Pvt. ltd.
  • Cox and Kings Ltd.
  • Indian Railway Catering and Tourism Corp. ltd.
  • ITC Ltd.
  • MakeMyTrip Ltd.
  • Oravel Stays Pvt. ltd.
  • Thomas Cook India Ltd.
  • TripAdvisor LLC
  • Yatra Online Inc.

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
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UK: +44 203 893 3200
E-mail: [email protected]
Report link: https://www.technavio.com/report/travel-services-market-in-india-industry-analysis

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