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China Outbound Tourism Market Growth

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China Outbound Tourism Market is projected to cross USD 500 Billion by the year 2024. Over the period of time, China has grown from nobody of the travel marketplace to the world’s most powerful outbound tourism market, surpassing United States. In 2017, Chinese travelers took more than four billion domestic trips and nearly 130 million overseas trips. According to the United Nations World Tourism Organization (UNWTO) Chinese residents has spent nearly USD 300 Billion on their trips to foreign countries. For More Information: – PowerPoint PPT presentation

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Title: China Outbound Tourism Market Growth


1
China Outbound Tourism Market

2
Report Description and Highlights
Analyst View As per Renub Research analysis
China Outbound Tourism Market is projected to
cross USD 500 Billion by the year 2024. Over the
period of time, China has grown from nobody of
the travel marketplace to the worlds most
powerful outbound tourism market, surpassing
United States. In 2017, Chinese travelers took
more than four billion domestic trips and
nearly 130 million overseas trips. Considering
Chinas population and its growth, it is
predicted that in the near future the number of
Chinese residents traveling overseas is set to
grow further.  China is among the worlds
fastest growing markets and so when it comes to
tourists spending, Chinese travelers hold the
topmost position. According to the United Nations
World Tourism Organization (UNWTO) Chinese
residents has spent nearly USD 300 Billion on
their trips to foreign countries. It is believed
that Chinese tourists spending in foreign
countries will further increase in the next
couple of years due to the increasing number of
millionaires in the region. Additionally, more
than 70 percent of the Chinese tourists who are
visiting foreign countries either travels with
family or their friends as a result, these
groups are the worlds maximum overseas spenders
per single trip. 


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China Outbound Tourism Market
Over more than a decade of rapid development,
the Chinese outbound tourism market is witnessing
more Chinese travelers who are sophisticated,
independent and eager to go out for a new
experience while earlier Chinese travelers were
inexperienced and stuck to the places which make
them travel efficiently, i.e. Chinese tourists
stuck to well-known sites only. But now, it is
changing. Today, Chinese outbound tourists
consider travel as an important way to improve
their lifestyle, business and above all to
experience authenticity and nature. Chinese
outbound tourists are mostly independent and are
eyeing to travel across the globe. With
increasing disposal income, foreign travel has
become one of the key indicators of quality of
life for Chinas growing affluent population with
more and more Chinese visiting foreign countries
for their vacations. No wonder to mention that
tourist boards are tumbling over themselves to
woo Chinas massive army of travelers.  Read
more here https//www.renub.com/china-outbound-t
ourism-market-nd.php

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Forecast for China Outbound Tourists Share ()
Forecast for China Outbound Tourists Share (),
2018 - 2024

Source Renub Research Analysis Note These are
dummy figures actual data given in the report
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China Outbound Tourism Market Summary
China Outbound Tourism Market is maturing more
rapidly because the intentions of Chinese
travelers are changing from sightseeing to
lifestyle experiences. Consequently, the easy
harvest of low hanging fruit seems to have come
to an end for many service providers and
destinations. Market Summary     Holiday
segment has the highest market in China Outbound
Tourism Market. Rest 3 segments covered in the
report are Visit Friends and Relatives (VFR),
Business (MICE) Others (Education, Medical
Treatment).    Country-wise, Hong Kong, Taiwan
and South Korea are most visited by Chinese
tourists due to easy accessibility, affordability
and culture similarity.     United States is
having the highest China Outbound Tourism Market.
 The report provides the tourists market data on
10 countries Australia, Canada, Japan, South
Korea, New Zealand, Singapore, Taiwan, Thailand,
United States and Hong Kong. Want more
Information about this market? Request a free
sample copy https//www.renub.com/contactus.php

6
China Outbound Tourists Market, 2018 - 2024
China Outbound Tourists Market, 2018 - 2024

Source Renub Research Analysis Note These are
dummy figures actual data given in the report
7
Key Topics Covered in China Outbound Tourism
Market
  •    Market Definition
  • 2.    Research Methodology
  • 3.    Executive Summary
  • 4.    China Outbound Tourism
  • 4.1    Tourists Numbers 4.2    Tourists Market
  • 5.    Tourists Share China Outbound Tourism
  • 5.1    Countries 5.2    Tourism Types
    Holiday, VFR, Business Others5.3    By
    Countries Tourism Type Share
  • 6.    Market (Spending) Share China Outbound
    Tourism
  • 6.1    Countries 6.2    Tourism Types
    Holiday, VFR, Business Others6.3    By
    Countries Tourism Types Market Share


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Key Topics Covered in China Outbound Tourism
Market
7.    Tourism Types China Outbound Tourists
Numbers 7.1    Holiday 7.2    Visit Friends
Relatives (VFR)7.3    Business (MICE) 7.4  
 Others 8.    Tourism Types China Outbound
Tourist Market (Spending) 8.1    Holiday 8.2  
 Visit Friends Relatives (VFR)8.3    Business
(MICE) 8.4    Others 9.    Australia 9.1  
 China Outbound Tourists Visit 9.2    Tourism
Types China Outbound Tourists Visit to
Australia9.3    China Outbound Tourists Market
(Spending)9.4    Tourism Types China Outbound
Tourists Market (Spending) in Australia 10.  
 Canada 10.1    China Outbound Tourists
Visit 10.2    Tourism Types China Outbound
Tourists Visit to Canada10.3    China Outbound
Tourists Market (Spending)10.4    Tourism Types
China Outbound Tourists Market (Spending) in
Canada

9
Key Topics Covered in China Outbound Tourism
Market
11.    Japan 11.1    China Outbound Tourists
Visit11.2    Tourism Types China Outbound
Tourists Visit to Japan11.3    China Outbound
Tourists Market (Spending) in Japan11.4  
 Tourism Types China Outbound Tourists Market
(Spending) in Japan 12.    South Korea 12.1  
 China Outbound Tourists Visit12.2    Tourism
Types China Outbound Tourists Visit to South
Korea12.3    China Outbound Tourists Market
(Spending)12.4    Tourism Types China Outbound
Tourists Market (Spending) in South Korea 13.  
 New Zealand 13.1    China Outbound Tourists
Visit13.2    Tourism Type China Outbound
Tourists Visit to New Zealand13.3    China
Outbound Tourists Market (Spending)13.4  
 Tourism Type China Outbound Tourists Market
(Spending) to New Zealand

10
Key Topics Covered in China Outbound Tourism
Market
14.    Singapore 14.1    China Outbound Tourists
Visit14.2    Tourism Types China Outbound
Tourists Visit to Singapore14.3    China
Outbound Tourists Market (Spending)14.4  
 Tourism Types China Outbound Tourists Market
(Spending) in Singapore 15.    Taiwan 15.1  
 China Outbound Tourists Visit15.2    Tourism
Types China Outbound Tourists Visit to
Taiwan15.3    China Outbound Tourists Market
(Spending)15.4    Tourism Types China Outbound
Tourists Market (Spending) in Taiwan 16.  
 Thailand 16.1    China Outbound Tourists
Visit16.2    Tourism Types China Outbound
Tourists Visit to Thailand16.3    China Outbound
Tourists Market (Spending)16.4    Tourism Types
China Outbound Tourists Market (Spending) in
Thailand

11
Key Topics Covered in China Outbound Tourism
Market
17.    United States 17.1    China Outbound
Tourists Visit17.2    Tourism Types China
Outbound Tourists Visit to United States17.3  
 China Outbound Tourists Market (Spending)17.4  
 Tourism Types China Outbound Tourists Market
(Spending) in United States 18.    Hong
Kong 18.1    China Outbound Tourists Visit18.2
   Tourism Types China Outbound Tourists Visit
to Hong Kong18.3    China Outbound Tourists
Market (Spending)18.4    Tourism Types China
Outbound Tourists Market (Spending) in Hong
Kong 19.    China Outbound Tourism Growth
Drivers 19.1    Chinas Approved Destination
Status (ADS) Policy Stimulate Chinese Travel
Abroad19.2    GDP Growth Rate Development19.3  
 Growing Middle Class and Rich Class Population
in China19.4    Strong Government Support19.5  
 New National Tourism Strategy of China will
Augment Outbound Tourism19.6    Opening of
Chinas Outbound Travel Sector to Foreign
Capitalized Tour Companies

12
Key Topics Covered in China Outbound Tourism
Market
20.    Challenges in China Outbound Tourism 20.1
   Challenges Chinese Travelers Face (NEW)20.2  
 Restrictions and Changes20.3    Negative
Influence20.4    Chinese Outbound Tourists
Concerns Before Departure  Browse Related
Report India Outbound Tourism Market Online
Travel Market Contact Us Tel 1-678-302-0700
(US), 91-120-421-9822 (INDIA) Email
info_at_renub.com
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