UAE Travel and Tourism Market Size, Growth, Demand, and Forecast 2024-2032

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Sep 17, 2024 - 12:52
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UAE Travel and Tourism Market Size, Growth, Demand, and Forecast 2024-2032

UAE Travel and Tourism Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 11.50% (2024-2032)

According to the latest report by IMARC Group, the UAE travel and tourism market size is projected to grow at a CAGR of 11.50% from 2024 to 2032. The market thrives on luxury experiences, government initiatives, and world-class infrastructure, driving strong sector growth.

UAE Travel and Tourism Market Trends and Drivers

The UAE travel and tourism market is growing, fueled by efforts to diversify the economy and position the country as a global tourism hub. Government-led initiatives, such as the "Dubai Tourism Strategy 2025," aim to attract 25 million annual visitors by enhancing the tourist experience and expanding the range of attractions. High-profile events like Expo 2020 Dubai have also given tourism a significant boost, highlighting the UAE's ability to host major international events. Additionally, cultural tourism is gaining traction with key attractions such as the Louvre Abu Dhabi and the Sheikh Zayed Grand Mosque further expanding the market.

A major trend in the UAE travel and tourism sector is the increasing focus on sustainability and experiential travel. As travelers become more eco-conscious, the demand for environmentally friendly options is rising. In response, the UAE is introducing green hotels, eco-resorts, and nature-focused experiences like conservation-led desert safaris. The shift towards personalized and experiential travel is also driving interest in adventure tourism and wellness retreats. These trends, along with ongoing investments in tourism infrastructure and strategic marketing efforts, are expected to fuel the continued expansion of the UAE's travel and tourism market in the coming years.

Request for a sample copy of this report: https://www.imarcgroup.com/uae-travel-tourism-market/requestsample

UAE Travel and Tourism Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Domestic
  • Inbound
  • Outbound

Service Offering Insights:

  • Ticket Reservation
  • Hotel Booking
  • Holiday/Tour Packages
  • Others

Purpose of Visit Insights:

  • Business
  • Leisure and Recreation
  • Education
  • Medical
  • Social Activity
  • Others

Booking Type Insights:

  • Travel Companies
  • Travel Agencies
  • Online
  • Others

Region Insights:

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Others

 Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=23494&flag=C

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

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Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

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