January 17, 2022
According to the research report titled ‘Impact of COVID-19 Outbreak on Indian Outbound Travelers Traffic and Market Revenue to the GCC (United Arab Emirates (UAE), Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain) Countries’, available with MarketStudyReport, GCC countries are anticipated to attract 7.7 million Indian travelers to generate over USD 12 billion in revenues by the year 2025.
Increasing population and rising disposable incomes are the major factors driving the growth of India outbound tourism market to GCC countries. Flourishing tourism sector coupled with availability of weekly flights from India to GCC countries are further adding traction to the overall market size.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/2650862/
The research report includes a comprehensive assessment of this business sphere by focusing on the major growth drivers and limitations, while providing additional insights into other expansion opportunities that are swaying the industry’s profitability graph over the forecast timeline. It then presents a detailed analysis of the present and upcoming trends of this domain and estimates the market size over the analysis timeframe.
Furthermore, the research literature on India outbound tourism market to GCC countries highlights various market segmentations, as well as the prominent regional contributors. All the segments are individually examined with a focus on lucrative investment areas in the industry domain.
Notably, the COVID-19 pandemic resulted in months long lockdowns and travel restrictions across several economies, leading to a stagnation in development of several sectors. However, the launch and rollout of vaccines is expected to expedite the return to normalcy in the forthcoming years. The report thoroughly evaluates the impact of the coronavirus pandemic on the industry and advises on strategies to power through the evolving business scenario.
Prominent counties studied in the report include UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain.
The market report encompasses detailed profiles of the leading players with a complete breakdown of the strategies deployed by them, to offer a clear understanding of the measures that stakeholders could implement to improve their market position.
The competitive landscape section also compiles data on the product portfolios of the major companies, along with their applications and specifications, recommending various strategies to assist stakeholders in reducing their costs, developing contingency plans, and subsequently garnering strong returns.