According to the report titled ‘China Outbound MICE Travel & Tourism Market: Focus on MICE Trips, Spending, 25 Countries Data, Industry Insights, Analysis and Forecast, 2019 ? 2026,’ available with MarketStudyReport, China outbound MICE travel & tourism market is expected to be remunerated at USD 31 billion by the end of the period 2019-2026.
 

As per the report findings, technological advancements and a fairly-connected transport network across the world are major factors propelling the growth of China outbound MICE travel & tourism market. 
 

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Despite the positive outlook, lack of ease of the process of obtaining visas and language barriers are the challenges likely to hinder industry development in the forthcoming years. 
 

The report examines pivotal aspects such as growth catalysts, key constraints, opportunities, and recent developments to determine the industry growth path over 2019-2026.
 

The document on China outbound MICE travel & tourism market provides a comprehensive analysis of traveler flow, major destinations, and visitor spending patterns.
 

Additionally, it provides a comparative analysis of historical data from 2015 to 2018 as well as current trends to project estimates through 2026. A 360-degree view of the various segments and sub-segments is included to demonstrate the overall scale and scope of the business sphere.
 

Moving further, the report also outlines data on the visitation and spending of China outbound travelers to prominent destinations, while making estimations pertaining to y-o-y growth rate and value for the same over the analysis timeline.
 

The major destinations for China outbound MICE travel & tourism market are Russia, India, Hong Kong, Singapore, United Arab Emirates, Oman, Malaysia, Spain, Macau, Switzerland, Japan, Australia, Jordan, Indonesia, Thailand, United Kingdom, Cambodia, South Korea, Philippines, Italy, Vietnam, France, Cambodia, Germany, Sri Lanka, and United States among others.