As per the research report titled ‘India Outbound Tourism Market on the Rise Post COVID-19 Pandemic and Forecast to 2026’, available with MarketStudyReport, India outbound tourism market is estimated to attain a double-digit annual growth rate, exceeding the valuation of USD 40 billion by 2026.

The crucial factors responsible for the growth of India outbound tourism industry include globalization, accessible transportation mediums, incentives provided by foreign tourism boards Indian travelers, increasing office setup by foreign tourism bureaus of other countries in India, and rising disposable income of middle-class population.

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Moreover, the burgeoning efforts of the Outbound Tour Operators Association of India (OTOAI) to encourage tourism, and the widespread usage of the internet are impelling the industry expansion.

Apart from the comprehensive evaluation of key growth drivers and future opportunities, the research report sought to examine the challenges and limitations, as well as the potential solutions to support stakeholders in sustaining economic growth.

This study cites the comprehensive evaluation of the industry sphere. It also demonstrates the latest information about the current market position and future opportunities over the analysis timeline.

Based on the historical statistics from 2019-2020 and current trends, predictions pertaining to the growth rate and revenue generation for India outbound tourism market over the forecast period 2021-2026 is given.

A country-focused analysis is entailed in the report, encompassing the major aspects such as departure and market size. The 10 nations studied include Oman, France, United Kingdom, Canada, Qatar, Switzerland, Thailand, United States, United Arab Emirates (UAE), and Maldives.

The report employs information that examines existing opportunities and trends pertaining to India outbound tourism market. Info related to the tourist flow and the individual spending capability is divulged. Different purposes of visits as well as main destinations visited by India tourists are also analyzed in the document.

Lastly, future tourism insights and opportunities are discussed to enable the stakeholders in the marketplace to make informed decisions about the investments and upcoming projects.