Parent-child Travel Market was valued at USD 30 Billion in 2022 and is projected to reach USD 55 Billion by 2030, growing at a CAGR of 8% from 2024 to 2030.
The parent-child travel market was valued at approximately USD 300 billion in 2022, demonstrating a significant growth trajectory. This sector has been experiencing a compound annual growth rate (CAGR) of around 6.5% from 2022 to 2028. The increase in disposable incomes, coupled with a growing preference for family-oriented travel experiences, has contributed to this expansion. Families are increasingly seeking destinations and services that cater specifically to the needs of both parents and children, driving market growth. Emerging opportunities in this market include the rising trend of experiential and educational travel, where families are looking for trips that offer learning experiences for children alongside relaxation and entertainment. Additionally, there is a notable increase in demand for customized travel packages and family-friendly accommodations. Developing regions, particularly in Asia-Pacific and Latin America, are emerging as high-growth areas due to their expanding middle-class populations and increasing interest in travel. This presents substantial opportunities for market players to innovate and tailor offerings to meet the evolving preferences of parent-child travel segments.
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Intrepid
Trafalgar
Pngtree
Explore
TWK
G Adventures
Eventbrite
Worder of Hyatt
IHG
Tourradar
Ctrip
lvmama travel
Tuniu Tourism
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Parent-child Travel Market
Short Trip
Long Trip
Based on Types the Market is categorized into Below types that held the largest Parent-child Travel market share In 2023.
Theme Park
Zoo
City Leisure Sightseeing
Museum
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Parent-child Travel Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Parent-child Travel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Parent-child Travel Market, By Type
6. Global Parent-child Travel Market, By Application
7. Global Parent-child Travel Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Parent-child Travel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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