China Outbound Tourism Market Size Growing at 12.5% CAGR by 2031
August 22, 2023 ⚊ 1 Min read ⚊ Views 71 ⚊ BLOG
China’s outbound tourism market is expected to reach USD 279 billion by 2031, according to the latest report for 2023, growing at a CAGR of 12.5% between 2023 and 2031. This latest market research report for 2023 provides an in-depth analysis of the China outbound tourism market, focusing on current market trends, market sizes, recent developments and forecasts to 2031. The report uses data and analysis to discuss potential lucrative opportunities, current and future trends related to China’s outbound tourism surge, spending, the purpose of visits, and main destination markets. Furthermore, this report uses a country-focused analysis to explore the China’s outbound tourism market. A detailed country-wise analysis of the market is provided, covering a total of 26 nations. The report offers a comprehensive analysis of the drivers, restraints, opportunities, and challenges of the China outbound tourism market.
