Germany Travel and Tourism Market Introduction and Overview
According to SPER Market Research, the Germany Travel and Tourism Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Germany Travel and Tourism Market, including market size and trends, product mix, distribution channels, and supplier analysis. Travel and tourism relate to the movement of people for a range of reasons, such as sports, education, trade, and recreation. It may be international, long-distance, local, or both. The tourism sector has enormous growth potential worldwide because of things like rising disposable income, support from the government, expanding infrastructure, and easier-to-use technology.
Market Opportunities and Challenges
Opportunities: Germany has superb beach resorts and other travel destinations, and expanding tourism zones are planning to capitalize on the growing demand for tourists to visit Germany. Germany is popular for hiking and other athletic activities, such as trekking in the country's central uplands and climbing in the Elbe sandstone mountains in Saxony. Furthermore, Tourists' desire to spend money on leisure activities increases when economic conditions in developing countries improve and income prospects expand in other countries. Tourists spend time and money searching for famous and economical tourist spots and visiting places that provide exceptional hospitality services.
The German travel and tourism market faces a number of challenges from outside influences to problems unique to the sector. The effects of world events and economic downturns, which might cause a drop in foreign tourists, are one major obstacle. Geopolitical tensions, health crises, and economic concerns can all have an impact on traveler confidence and behaviour, and the business is particularly vulnerable to these events. Concerns about sustainability and environmental awareness also present difficulties as tourists prefer eco-friendly and responsible tourism activities more and more.
Market Competitive Landscape
Travel and Tourism Market in Germany is highly consolidated. UI Deutschland GmbH, GBT Germany GmbH, BCD Travel Germany, GmbH, CWT Beheermaatschappij BV Germany, DER Touristik Central Europe GmbH, FTI, Touristik GmbH, alltours Flugreisen GmbH, AIDA Cruises - German Branch of Costa, Crociere SpA, schauinsland-Reisen gmbh, Airbnb Germany GmbH these are the major key players which plays important role in market growth in Germany for travel and tourism industry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Product/Service Offering, By Purpose of Visit
|
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
|
| Companies Covered | TUI Deutschland GmbH, GBT Germany GmbH, BCD Travel Germany GmbH, CWT Beheermaatschappij BV Germany, DER Touristik Central Europe GmbH, FTI Touristik GmbH, alltours Flugreisen GmbH, AIDA Cruises - German Branch of Costa, Crociere SpA, schauinsland-Reisen gmbh, Airbnb Germany GmbH |
COVID-19 Impact on Germany Travel and Tourism Market
The demand for luxury cars fell as a result of the COVID-19 pandemic's impact on consumer confidence on discretionary spending. The purchasing power of potential customers was impacted by economic concerns, job losses, and financial restraints. As a result, throughout the pandemic, many put off purchasing expensive cars. In addition, as a result of the epidemic, automakers saw their operations slashed or temporarily closed throughout the world. Lockdown procedures caused a disturbance in the supply chain as a result. In addition, production delays in the automobile sector resulted in a restricted supply of high-end car models.
Key Target Audience
- Affluent Professionals
- Status and Prestige
- Tech-Savvy Consumers
- Comfort and Performance Enthusiasts
- Brand Conscious Consumers
- Customization Preferences
- Urban Dwellers
- Car Enthusiasts
Our in-depth analysis of the Germany Travel and Tourism Market includes the following segments:
|
By Type: |
Domestic
Inbound
Outbound
|
By Product/Service Offering:
|
Ticket Reservation
Hotel Booking
Holiday/Tour Packages
Travel Insurance
Others
|
By Purpose of Visit:
|
Business
Education
Leisure & Recreation
Medical
Others
Social Activity
|
Key Topics Covered in the Report - Germany Travel and Tourism Market Size (FY’2023-FY’2033)
- Overview of Germany Travel and Tourism Market
- Segmentation of Germany Travel and Tourism Market By Vehicle Bodystyle (Hatchback, Sedan, Sports Utility Vehicle, Multi-Purpose Vehicle)
- Segmentation of Germany Travel and Tourism Market By Vehicle Powertrain Type (IC Engine Vehicle, Electric)
- Expansion Analysis of Germany Travel and Tourism Market
- Problems and Obstacles in Germany Travel and Tourism Market
- Competitive Landscape in the Germany Travel and Tourism Market
- Impact of COVID-19 and Demonetization on Germany Travel and Tourism Market
- Details on Current Investment in Germany Travel and Tourism Market
- Competitive Analysis of Germany Travel and Tourism Market
- Prominent Players in the Germany Travel and Tourism Market
- SWOT Analysis of Germany Travel and Tourism Market
- Germany Travel and Tourism Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1 Introduction
1.1 Scope of the report
1.2 Market segment analysis
2 Research Methodology
2.1 Research data source
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3 Executive Summary
4 Market Dynamics
4.1 Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 COVID-19 Impacts of the Germany Travel and Tourism Market
5 Market variable and outlook
5.1 SWOT Analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2 PESTEL Analysis
5.2.1 Political Landscape
5.2.2 Economic Landscape
5.2.3 Social Landscape
5.2.4 Technological Landscape
5.2.5 Environmental Landscape
5.2.6 Legal Landscape
5.3 PORTER’s Five Forces
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4 Heat Map Analysis
6 Competitive Landscape
6.1 Germany Travel and Tourism Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany Travel and Tourism Market
7 Germany Travel and Tourism Market, By Type (USD Million)
7.1 Germany Travel and Tourism Market Value Share and Forecast, By Type, 2023-2033
7.2 Domestic
7.3 Inbound
7.4 Outbound
8 Germany Travel and Tourism Market, By Product/Service Offering (USD Million)
8.1 Germany Travel and Tourism Market Value Share and Forecast, By Product/Service Offering, 2023-2033
8.2 Ticket Reservation
8.3 Hotel Booking
8.4 Holiday/Tour Packages
8.5 Travel Insurance
8.6 Others
9 Germany Travel and Tourism Market, By Purpose of Visit (USD Million)
9.1 Germany Travel and Tourism Market Value Share and Forecast, By Purpose of Visit, 2023-2033
9.2 Business
9.3 Education
9.4 Leisure & Recreation
9.5 Medical
9.6 Others
9.7 Social Activity
10 Germany Travel and Tourism Market Forecast, 2019-2033 (USD Million)
10.1 Germany Travel and Tourism Market Size and Market Share
11 Germany Travel and Tourism Market, By Type, 2019-2033 (USD Million)
11.1 Germany Travel and Tourism Market Size and Market Share By Type (2019-2026)
11.2 Germany Travel and Tourism Market Size and Market Share By Type (2027-2033)
12 Germany Travel and Tourism Market, By Product/Service Offering, 2019-2033 (USD Million)
12.1 Germany Travel and Tourism Market Size and Market Share By Product/Service Offering (2019-2026)
12.2 Germany Travel and Tourism Market Size and Market Share By Product/Service Offering (2027-2033)
13 Germany Travel and Tourism Market, By Purpose of Visit, 2019-2033 (USD Million)
13.1 Germany Travel and Tourism Market Size and Market Share Purpose of Visit (2019-2026)
13.2 Germany Travel and Tourism Market Size and Market Share By Purpose of Visit (2027-2033)
14 Germany Travel and Tourism Market, By Region, 2019-2033 (USD Million)
14.1 Germany Travel and Tourism Market Size and Market Share By Region (2019-2026)
14.2 Germany Travel and Tourism Market Size and Market Share By Region (2027-2033)
14.3 Eastern Region
14.4 Western Region
14.5 Central Region
14.6 Rest of Germany
15 Company Profile
15.1 Airbnb Germany GmbH
15.1.1 Company details
15.1.2 Financial outlook
15.1.3 Product summary
15.1.4 Recent developments
15.2 AIDA Cruises - German Branch of Costa Crociere SpA
15.2.1 Company details
15.2.2 Financial outlook
15.2.3 Product summary
15.2.4 Recent developments
15.3 alltours Flugreisen GmbH
15.3.1 Company details
15.3.2 Financial outlook
15.3.3 Product summary
15.3.4 Recent developments
15.4 BCD Travel Germany GmbH
15.4.1 Company details
15.4.2 Financial outlook
15.4.3 Product summary
15.4.4 Recent developments
15.5 CWT Beheermaatschappij BV Germany
15.5.1 Company details
15.5.2 Financial outlook
15.5.3 Product summary
15.5.4 Recent developments
15.6 DER Touristik Central Europe GmbH
15.6.1 Company details
15.6.2 Financial outlook
15.6.3 Product summary
15.6.4 Recent developments
15.7 FTI Touristik GmbH
15.7.1 Company details
15.7.2 Financial outlook
15.7.3 Product summary
15.7.4 Recent developments
15.8 GBT Germany GmbH
15.8.1 Company details
15.8.2 Financial outlook
15.8.3 Product summary
15.8.4 Recent developments
15.9 schauinsland-Reisen GmbH
15.9.1 Company details
15.9.2 Financial outlook
15.9.3 Product summary
15.9.4 Recent developments
15.10 TUI Deutschland GmbH
15.10.1 Company details
15.10.2 Financial outlook
15.10.3 Product summary
15.10.4 Recent developments
15.11 Others
16 List of Abbreviations
17 Reference Links
18 Conclusion
19 Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
