According to the research report titled ‘India Outbound Tourism Market: Demand, Insights, Analysis, Opportunities, Growth Potential and Forecasts to 2026’, available with MarketStudyReport, India outbound tourism market is expected to generate revenues worth USD 62 billion by the year 2026.
 

Increasing population, rapid economic growth, and continuous increase in disposable income are some of the major factors driving India outbound tourism market growth.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2414687/
 

According to the Indian Ministry of Tourism, international departures from India rose from 16.6 million in 2013 to 26.3 million in 2018, depicting a 9.6% CAGR over a five-year period. Thus, improving air connectivity to foreign locations is also expected to boost the market remuneration in the upcoming years.
 

The 215-page report, equipped with 68 tables and 138 figures, analyses past and present business trends to forecast the industry’s growth trajectory over 2020-2026.
 

Analysts use authentic data and statistics to deduce potential investment opportunities, growth drivers related to India’s outbound tourism flow, spending volume, and most common intents behind visits to prominent destinations. Furthermore, the study offers clear insights into present and future developments in the India outbound tourism industry during 2020-2026.
 

A country-wise analysis covers a total of 32 nations and explores the revenue scope of the market in terms of both value and volume, over the next five years. Countries covered in the report include Singapore, the U.S., Japan, Thailand, Sri Lanka, Australia, Myanmar, China, Bhutan, Taiwan, New Zealand, Maldives, the United Kingdom, Switzerland, Philippines, Bahrain, Nepal, Oman, Cambodia, Egypt, Turkey, Qatar, Canada, Mauritius, United Arab Emirates (UAE), Italy, France, Saudi Arabia, Kuwait, Netherlands, Germany, and Malaysia.
 

Lastly, the research documents spending volume of Indian tourists across each of these geographical segments, and classifies travelers based on the purpose of visits (holiday, business, visiting friends/relatives, and others) in order to pinpoint the most profitable avenues in India outbound tourism industry in the upcoming years.