Saudi Arabia Outbound Tourism Market throws an opportunity of USD 43 Billion by the year 2025


Posted January 17, 2020 by PrateekRenub

Saudi Arabia Outbound Tourism Market will be USD 43 Billion by 2025. Holiday activities like relaxation, shopping and sightseeing are the primary reason for driving the Market.
 
The Kingdom of Saudi Arabia's number of outbound visitors has grown year after year. Holiday activities like relaxation, shopping and sightseeing are the primary reason for driving the Saudi Arabia Outbound Tourism Market. The other major factors that propel the Saudi Arabia outbound tourism market are; rising per capita disposable income, economic growth, new generation has the willingness to roam around the world, lack of entertainment facilities in the country, increasing number of tech-savvy people, online booking and exploring new destination etc. Saudi Arabia Outbound Tourism Market throws an opportunity of USD 43 Billion by the year 2025.

Structured survey reveals three big segments of travel— conservatives, fun seekers, and diversity seekers. Conservatives have a deep dislike for entertainment-oriented events; fun seekers prefer shopping and leisure activities, and variety seekers like all holiday activities. Holiday segment among all other segments of Saudi Arabia Outbound Tourism is the most common segment of tourism.

Renub Research report titled “Saudi Arabia Outbound Tourism Market, Tourist Numbers, Countries (United States, United Kingdom, India, Germany, Switzerland, Singapore, Australia, Malaysia, Turkey, South Africa) Purpose of Visit (Holiday, Visit Friends & Relatives, Business, Others)” talks about fast-evolving, high-growth Saudi Arabia Outbound Travel Industry.

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https://www.renub.com/saudi-arabia-outbound-tourism-market-nd.php

Market Summary:
By Purpose of Visit: The study explores the purpose of visit by; Holiday Tourists Arrivals & Market, Visit Friends and Relatives (VFR) Arrivals & Market, Business (MICE) Arrivals & Market and Others Arrivals & Market.
By Countries: Saudi Arabia outbound tourism categorized by countries into 10 parts; United Kingdom, United States, India, Germany, Switzerland, Singapore, Australia, Malaysia, Turkey and South Africa. This report studies multivariate statistical methods to define the market and volume of outbound visitors.

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Key Topics Covered :

1. Market Definition
2. Research Methodology
3. Executive Summary
4. Saudi Arabia Outbound Tourism
5. Tourists Share – Saudi Arabia Outbound Tourism
6. Tourist Market Share – Saudi Arabia Outbound Tourism
7. United States
8. United Kingdom
9. Germany
10. Switzerland
11. India
12. Australia
13. Singapore
14. Turkey
15. South Africa
16. Malaysia
17. Growth Drivers
18. Challenges
19. Conclusion

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Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys, and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
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Categories Reports , Tourism , Travel
Tags holiday tourism , outbound tourism market , saudi arabia outbound tourism market , saudi arabia tourism market , saudi arabia tourism market segmentation , saudi business tourist , vfr tourist
Last Updated January 17, 2020