Renub Research

Saudi Arabia Outbound Tourism Market expected to be more than USD 43 Billion by 2025

Press release   •   Aug 28, 2019 02:09 EDT

According to Renub Research market research report “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)" Saudi Arabia Outbound Tourism Marketis expected to be more than USD 43 Billion by the end of the year 2025. Saudi Arabia outbound tourism market is flourishing due to the lack of entertainment in its home country. There has been significant growth in the number of trips and total night spend across foreign countries by Saudi Arabia tourist. In the year 2006, Saudi tourist spends only 26 Million nights in other countries, whereas the number of outbound tourists has grown significantly year on year to reach 250 Million by the year 2015.

For More Information:

The rising number of smartphones, tech-savvy customers of "generation Z" and online travel and tourism platforms are encouraging Saudi’s for outbound travel. High internet penetration and impact of social media is empowering Saudi Arabian tourist to visit other parts of the world as well as rising socio-economic aspirations is also boosting Saudi Outbound tourism market.

Saudi Arabian tourists spend much more than other tourists, which make the Kingdom of Saudi Arabia a lucrative region. For Saudi tourist vacation activities include relaxing, sightseeing, and shopping are driving the Saudi outbound tourism market. On the basis of a tourist type, the family segment is dominating the market as well as family travel by Saudi Arabian tourist is much higher as compared to the world average.

Market Summary:

By Tourism Types: This research report covers market, market share, tourist, and tourist share of following tourism types: Holiday, Business, VFR (Visit Friends & Relatives) and others. The holiday is the most significant segment for Saudi Arabian tourist.

By Countries: United Kingdom, Switzerland, Australia, United States, Singapore, Germany, Turkey, India, Malaysia and South Africa are covered in this research report with the market, market share, tourist and tourist share.

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.

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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