openPR Logo
Press release

France luxury travel market is projected to achieve a value of $53,636.5 million by the year 2027, according to Allied Market Research.

04-29-2024 10:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied market research

France luxury travel market is projected to achieve a value

During the forecast period, the luxury travel market is projected to be the fastest growing segment of the travel industry worldwide. The key drivers of rising luxury travel trend include inclination of people toward unique and exotic holiday experiences, increase in the middle- & upper-class disposable income & related expenditure, and growth in need and interest of people to spend more time with family.

According to a new report published by Allied Market Research titled, "Luxury travel market by Type of Tour, Age Group, and Types of Traveler: Opportunity Analysis and Industry Forecast, 2021-2030,

The France luxury travel market is growing at a healthy rate of 20.6%, owing to increase in interest of people in unique and exotic holiday destinations. Luxury travel is in its growth stage and it is gradually gaining market share in the overall travel industry, owing to increase in disposable income and rise in living standards of people. The increase in the number of high-net-worth individual (HNIs) in emerging markets further propels the growth of the luxury travel market. The France luxury travel market size is projected to reach $53,636.5 million by 2030, growing at a CAGR of 20.4%, from 2021 to 2030.

Request To Sample :- https://www.alliedmarketresearch.com/request-sample/13798

The growth of the France luxury travel market is attributable to large number of luxury travel companies switching to new age technologies. This is to boost the luxury travel status and delivering guests with state of the art facilities. Oculus rift-virtual reality device, Amazon eco-artificial intelligence, Go pro-wearable technology, and DaVinci 3D printing are some of the advanced technologies launched for the customers to enhance their travel experience. Growth in the number of HNIs population and rise in aspirations of young and rich millennial are expected to majorly foster the market growth in the region.

Surge in interest of people to explore new places and to have unique travel experiences have encouraged market players to offer trips that connect the travelers to the local culture of the destination and explore the unknown acquaintance of the place and its people. However, changing socio-economic conditions threatens the France luxury travel market growth.

The France luxury travel market is segmented on the basis of type of tour, age group, and type of traveler. Based on type of tour, the market is categorized into customized and private vacations, adventure and safari, cruise/ship expedition, small group journey, celebration and special event, and culinary travel and shopping. Based on the age group the market has been categorized into 21 to 30 years, 31 to 40 years, 41-60 years, Above 60 years. Based on type of traveler, the market is classified into absolute luxury, aspiring luxury, and accessible luxury.

Request To Customization:- https://www.alliedmarketresearch.com/request-for-customization/13798

By type of tour, the adventure and safari segment holds majority of the France luxury travel market share. The segment is expected to continue its leading market position, during the forecast period, owing to the increased interest of people to explore new and exciting experiences while traveling.

Based on the France luxury travel market forecast by age group, 41-60 years segment is estimated to be the fastest growing market in the overall luxury travel market. However, the 21-30 years segment was the fastest growing segment in 2020. The growth of this segment in the France luxury travel market can be attributed to growing aspiration of travel and luxury through social media.

Based on the France luxury travel market analysis by type of traveler, the absolute luxury is the largest and the fastest growing segment in the luxury travel market. The growth of this segment can be attributed to growing affinity of luxury travel among the affluent travelers in France.

Buy Now
:- https://www.alliedmarketresearch.com/checkout-final/bfcdb48dbaa756c2b661a37774375f65

Key Findings Of The Study

•By type of tour, the adventure & safari segment dominated the France luxury travel market, accounting for majority of the share in 2020.
•Based on the age group, the 41-60 years segment dominated the overall market.
•Based on the type of traveler, absolute luxury travel segment is projected to contribute with highest market share during the forecast time period.
•The culinary travel and shopping segment in the France luxury travel market is anticipated to grow at the highest CAGR throughout the forecast.

TOP TRENDING REPORTS:_
Music Tourism Market
https://www.alliedmarketresearch.com/music-tourism-market-A06335

Casinos Market
https://www.alliedmarketresearch.com/casinos-market-A15186

Cycling Tourism Market
https://www.alliedmarketresearch.com/cycling-tourism-market-A06847

B2B Travel Market
https://www.alliedmarketresearch.com/b2b-travel-market-A10615

Contact Us
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release France luxury travel market is projected to achieve a value of $53,636.5 million by the year 2027, according to Allied Market Research. here

News-ID: 3478643 • Views:

More Releases from Allied market research

Baby Food Market to Observe Strong Growth: USD 116.5 Billion by 2031
Baby Food Market to Observe Strong Growth: USD 116.5 Billion by 2031
Presently, the milk formula segment leads the market with 60.7% share in terms of revenue. However, the prepared baby food segment is estimated to witness highest CAGR of 5.7% during the forecast period. In the baby food industry Manufacturers are focusing on key innovations that cater to the requirements of the large consumer base. Increase in awareness toward health benefits and increase in mobility & physical activity are expected to
Military 3D Printing Market to Surge to $7.5 Billion by 2031, Forecasting a CAGR of 24.8% from 2022-2031
Military 3D Printing Market to Surge to $7.5 Billion by 2031, Forecasting a CAGR …
According to a new report published by Allied Market Research, titled, "Military 3D Printing Market," The military 3D printing market was valued at $0.88 billion in 2021, and is estimated to reach $7.5 billion by 2031, growing at a CAGR of 24.8% from 2022 to 2031. 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬- https://www.alliedmarketresearch.com/military-3d-printing-market-A17388 North America is expected to dominate the global military 3D printing market in 2021. North America is a dominant market
Sea Skimmer Missile Market Worth USD 2.7 billion by 2032 | Northrop Grumman Corporation, Boeing Company
Sea Skimmer Missile Market Worth USD 2.7 billion by 2032 | Northrop Grumman Corp …
The rising demand for maritime security and increased defense spending, including investments in sea-skimming missile defense systems are anticipated to drive the growth of the global 𝐒𝐞𝐚 𝐒𝐤𝐢𝐦𝐦𝐞𝐫 𝐌𝐢𝐬𝐬𝐢𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 during the forecast period from 2023 to 2032. The North America region generated the major market share in 2022. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A10671 The report offers a comprehensive analysis of the global sea skimmer missile market trends by thoroughly studying different
Electric Two-Wheeler Lithium-Ion Battery Management System Market Surges to $5.6 billion by 2031 | Yamaha Motor Co., Ltd., Nuvation Energy
Electric Two-Wheeler Lithium-Ion Battery Management System Market Surges to $5.6 …
The global 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐋𝐢𝐭𝐡𝐢𝐮𝐦-𝐈𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 growth is attributed to the increase in the adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), a rise in industry preference for the use of lithium-ion batteries, and growth in the adoption of rechargeable batteries across multiple end-use industries. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A07895 The global electric two-wheeler lithium-ion battery management system market size was valued at $0.90 billion in

All 5 Releases


More Releases for France

France Power Market Report- Future Growth and Opportunities | Electricite de Fra …
France Power Market report provides a basic overview of the industry, including definitions, classifications, applications, and industry chain structure. The France Power Market analysis is provided for the Global markets, including development trends, competitive landscape analysis, and key regions development status. France Power Market research report offers a summarized data of different dynamic aspects of the business. Get FREE PDF Sample of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4727755 France Power Market Report discusses the
France Power Market Report- Transmission and Distribution Overview | Electricite …
The France Power Market research report examines market volume trends, market value, and price development. Then France Power Market covers the sales volume, price, revenue, gross margin, suppliers, distributors, customers, historical growth, and prospects in the France Power Market. Finally, the research report understands the demand to determine the viability of the market. The key regions covered in France Power Market report are North America, South America, Latin America, Europe,
France Agriculture Market, France Agriculture Industry, France Agriculture Sugar …
Agriculture has continually been of great prominence for the France, as feeding the world’s principal population is not a tranquil undertaking. The France government has been ancillary the agriculture industry with a number of policies, vexing to stabilize the output and search for ways to ensure the sector is developing the healthily and sustainably. The France federal government has been very much supportive of agriculture for the decades, and there
Global and China Perfume Market 2018-Chloe(France), YSL(France), Guerlain(France …
The Market Analysis on Global Perfume Market 2017 Research Report studies current as well as future aspects of the Perfume Market primarily based upon factors on which the companies compete in the market, key trends and segmentation analysis. This report covers each side of the worldwide market, ranging from the fundamental market info and advancing more to varied important criteria, based on that, the Perfume market is segmented. Perfume industry
Sunscreen Cosmetics 2018 Global Market Key Players -Shiseido (Japan), Lancome (F …
Sunscreen Cosmetics Market 2018    Wiseguyreports.Com Adds “Sunscreen Cosmetics -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Description:     This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Sunscreen Cosmetics industry. This report splits Sunscreen Cosmetics market By Cosmetics
Biomethane for France
WELTEC Receives Order for Biogas Project with Gas Processing French agriculture has a wealth of raw and waste materials that are suitable for biogas plants. However, only half of the available materials are presently used for energy production. Thus, ambitious development plans have been drawn up: By 2020, the biomass share in the field of renewable energies in France is to rise to about 50 percent. No wonder that that the number