Millennial Travel Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Millennials (Generation Y) are defined as demographic groups born between 1981 and 1999. They are innovative thinkers and influential buyers who are tech savvy. They are the most profitable part of the tourism market.
This report elaborates the market size, market characteristics, and market growth of the Millennial Travel industry, and breaks down according to the type, application, and consumption area of Millennial Travel. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Millennial Travel in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Millennial Travel market covered in Chapter 13:
Airbnb
Cool Cousin
TripAdvisor
Expedia
Topdeck
Flash Pack
Accor Hotels
G Adventures
Travendly
Skyscanner
Contiki
Ctrip
In Chapter 6, on the basis of types, the Millennial Travel market from 2015 to 2025 is primarily split into:
Through the Website
Through the App
In Chapter 7, on the basis of applications, the Millennial Travel market from 2015 to 2025 covers:
The Generation after 80s
The Generation after 90s
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Millennial Travel Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Millennial Travel Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Millennial Travel Market Forces
3.1 Global Millennial Travel Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Millennial Travel Market - By Geography
4.1 Global Millennial Travel Market Value and Market Share by Regions
4.1.1 Global Millennial Travel Value ($) by Region (2015-2020)
4.1.2 Global Millennial Travel Value Market Share by Regions (2015-2020)
4.2 Global Millennial Travel Market Production and Market Share by Major Countries
4.2.1 Global Millennial Travel Production by Major Countries (2015-2020)
4.2.2 Global Millennial Travel Production Market Share by Major Countries (2015-2020)
4.3 Global Millennial Travel Market Consumption and Market Share by Regions
4.3.1 Global Millennial Travel Consumption by Regions (2015-2020)
4.3.2 Global Millennial Travel Consumption Market Share by Regions (2015-2020)
5 Millennial Travel Market - By Trade Statistics
5.1 Global Millennial Travel Export and Import
5.2 United States Millennial Travel Export and Import (2015-2020)
5.3 Europe Millennial Travel Export and Import (2015-2020)
5.4 China Millennial Travel Export and Import (2015-2020)
5.5 Japan Millennial Travel Export and Import (2015-2020)
5.6 India Millennial Travel Export and Import (2015-2020)
5.7
6 Millennial Travel Market - By Type
6.1 Global Millennial Travel Production and Market Share by Types (2015-2020)
6.1.1 Global Millennial Travel Production by Types (2015-2020)
6.1.2 Global Millennial Travel Production Market Share by Types (2015-2020)
6.2 Global Millennial Travel Value and Market Share by Types (2015-2020)
6.2.1 Global Millennial Travel Value by Types (2015-2020)
6.2.2 Global Millennial Travel Value Market Share by Types (2015-2020)
6.3 Global Millennial Travel Production, Price and Growth Rate of Through the Website (2015-2020)
6.4 Global Millennial Travel Production, Price and Growth Rate of Through the App (2015-2020)
7 Millennial Travel Market - By Application
7.1 Global Millennial Travel Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Millennial Travel Consumption by Applications (2015-2020)
7.1.2 Global Millennial Travel Consumption Market Share by Applications (2015-2020)
7.2 Global Millennial Travel Consumption and Growth Rate of The Generation after 80s (2015-2020)
7.3 Global Millennial Travel Consumption and Growth Rate of The Generation after 90s (2015-2020)
8 North America Millennial Travel Market
8.1 North America Millennial Travel Market Size
8.2 United States Millennial Travel Market Size
8.3 Canada Millennial Travel Market Size
8.4 Mexico Millennial Travel Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Millennial Travel Market Analysis
9.1 Europe Millennial Travel Market Size
9.2 Germany Millennial Travel Market Size
9.3 United Kingdom Millennial Travel Market Size
9.4 France Millennial Travel Market Size
9.5 Italy Millennial Travel Market Size
9.6 Spain Millennial Travel Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Millennial Travel Market Analysis
10.1 Asia-Pacific Millennial Travel Market Size
10.2 China Millennial Travel Market Size
10.3 Japan Millennial Travel Market Size
10.4 South Korea Millennial Travel Market Size
10.5 Southeast Asia Millennial Travel Market Size
10.6 India Millennial Travel Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Millennial Travel Market Analysis
11.1 Middle East and Africa Millennial Travel Market Size
11.2 Saudi Arabia Millennial Travel Market Size
11.3 UAE Millennial Travel Market Size
11.4 South Africa Millennial Travel Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Millennial Travel Market Analysis
12.1 South America Millennial Travel Market Size
12.2 Brazil Millennial Travel Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Airbnb
13.1.1 Airbnb Basic Information
13.1.2 Airbnb Product Profiles, Application and Specification
13.1.3 Airbnb Millennial Travel Market Performance (2015-2020)
13.2 Cool Cousin
13.2.1 Cool Cousin Basic Information
13.2.2 Cool Cousin Product Profiles, Application and Specification
13.2.3 Cool Cousin Millennial Travel Market Performance (2015-2020)
13.3 TripAdvisor
13.3.1 TripAdvisor Basic Information
13.3.2 TripAdvisor Product Profiles, Application and Specification
13.3.3 TripAdvisor Millennial Travel Market Performance (2015-2020)
13.4 Expedia
13.4.1 Expedia Basic Information
13.4.2 Expedia Product Profiles, Application and Specification
13.4.3 Expedia Millennial Travel Market Performance (2015-2020)
13.5 Topdeck
13.5.1 Topdeck Basic Information
13.5.2 Topdeck Product Profiles, Application and Specification
13.5.3 Topdeck Millennial Travel Market Performance (2015-2020)
13.6 Flash Pack
13.6.1 Flash Pack Basic Information
13.6.2 Flash Pack Product Profiles, Application and Specification
13.6.3 Flash Pack Millennial Travel Market Performance (2015-2020)
13.7 Accor Hotels
13.7.1 Accor Hotels Basic Information
13.7.2 Accor Hotels Product Profiles, Application and Specification
13.7.3 Accor Hotels Millennial Travel Market Performance (2015-2020)
13.8 G Adventures
13.8.1 G Adventures Basic Information
13.8.2 G Adventures Product Profiles, Application and Specification
13.8.3 G Adventures Millennial Travel Market Performance (2015-2020)
13.9 Travendly
13.9.1 Travendly Basic Information
13.9.2 Travendly Product Profiles, Application and Specification
13.9.3 Travendly Millennial Travel Market Performance (2015-2020)
13.10 Skyscanner
13.10.1 Skyscanner Basic Information
13.10.2 Skyscanner Product Profiles, Application and Specification
13.10.3 Skyscanner Millennial Travel Market Performance (2015-2020)
13.11 Contiki
13.11.1 Contiki Basic Information
13.11.2 Contiki Product Profiles, Application and Specification
13.11.3 Contiki Millennial Travel Market Performance (2015-2020)
13.12 Ctrip
13.12.1 Ctrip Basic Information
13.12.2 Ctrip Product Profiles, Application and Specification
13.12.3 Ctrip Millennial Travel Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Millennial Travel Market Forecast (2020-2025)
14.2 Europe Millennial Travel Market Forecast (2020-2025)
14.3 Asia-Pacific Millennial Travel Market Forecast (2020-2025)
14.4 Middle East and Africa Millennial Travel Market Forecast (2020-2025)
14.5 South America Millennial Travel Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Millennial Travel Market Forecast by Types (2020-2025)
15.1.1 Global Millennial Travel Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Millennial Travel Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Millennial Travel Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Millennial Travel Picture
Table Millennial Travel Key Market Segments
Figure Study and Forecasting Years
Figure Global Millennial Travel Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Millennial Travel Value ($) and Growth Rate (2015-2020)
Table Global Millennial Travel Value ($) by Countries (2015-2020)
Table Global Millennial Travel Value Market Share by Regions (2015-2020)
Figure Global Millennial Travel Value Market Share by Regions in 2019
Figure Global Millennial Travel Production and Growth Rate (2015-2020)
Table Global Millennial Travel Production by Major Countries (2015-2020)
Table Global Millennial Travel Production Market Share by Major Countries (2015-2020)
Figure Global Millennial Travel Production Market Share by Regions in 2019
Figure Global Millennial Travel Consumption and Growth Rate (2015-2020)
Table Global Millennial Travel Consumption by Regions (2015-2020)
Table Global Millennial Travel Consumption Market Share by Regions (2015-2020)
Figure Global Millennial Travel Consumption Market Share by Regions in 2019
Table Global Millennial Travel Export Top 3 Country 2019
Table Global Millennial Travel Import Top 3 Country 2019
Table United States Millennial Travel Export and Import (2015-2020)
Table Europe Millennial Travel Export and Import (2015-2020)
Table China Millennial Travel Export and Import (2015-2020)
Table Japan Millennial Travel Export and Import (2015-2020)
Table India Millennial Travel Export and Import (2015-2020)
Table Global Millennial Travel Production by Types (2015-2020)
Table Global Millennial Travel Production Market Share by Types (2015-2020)
Figure Global Millennial Travel Production Share by Type (2015-2020)
Table Global Millennial Travel Value by Types (2015-2020)
Table Global Millennial Travel Value Market Share by Types (2015-2020)
Figure Global Millennial Travel Value Share by Type (2015-2020)
Figure Global Through the Website Production and Growth Rate (2015-2020)
Figure Global Through the Website Price (2015-2020)
Figure Global Through the App Production and Growth Rate (2015-2020)
Figure Global Through the App Price (2015-2020)
Table Global Millennial Travel Consumption by Applications (2015-2020)
Table Global Millennial Travel Consumption Market Share by Applications (2015-2020)
Figure Global Millennial Travel Consumption Share by Application (2015-2020)
Figure Global The Generation after 80s Consumption and Growth Rate (2015-2020)
Figure Global The Generation after 90s Consumption and Growth Rate (2015-2020)
Figure North America Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table North America Millennial Travel Consumption by Countries (2015-2020)
Table North America Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure North America Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure United States Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Canada Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Mexico Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table Europe Millennial Travel Consumption by Countries (2015-2020)
Table Europe Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Europe Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Germany Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure France Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Italy Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Spain Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Millennial Travel Consumption by Countries (2015-2020)
Table Asia-Pacific Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure China Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Japan Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure South Korea Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure India Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Millennial Travel Consumption by Countries (2015-2020)
Table Middle East and Africa Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure UAE Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure South Africa Millennial Travel Market Consumption and Growth Rate (2015-2020)
Figure South America Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table South America Millennial Travel Consumption by Countries (2015-2020)
Table South America Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure South America Millennial Travel Consumption Market Share by Countries (2015-2020)
Figure Brazil Millennial Travel Market Consumption and Growth Rate (2015-2020)
Table Airbnb Company Profile
Table Airbnb Production, Value, Price, Gross Margin 2015-2020
Figure Airbnb Production and Growth Rate
Figure Airbnb Value ($) Market Share 2015-2020
Table Cool Cousin Company Profile
Table Cool Cousin Production, Value, Price, Gross Margin 2015-2020
Figure Cool Cousin Production and Growth Rate
Figure Cool Cousin Value ($) Market Share 2015-2020
Table TripAdvisor Company Profile
Table TripAdvisor Production, Value, Price, Gross Margin 2015-2020
Figure TripAdvisor Production and Growth Rate
Figure TripAdvisor Value ($) Market Share 2015-2020
Table Expedia Company Profile
Table Expedia Production, Value, Price, Gross Margin 2015-2020
Figure Expedia Production and Growth Rate
Figure Expedia Value ($) Market Share 2015-2020
Table Topdeck Company Profile
Table Topdeck Production, Value, Price, Gross Margin 2015-2020
Figure Topdeck Production and Growth Rate
Figure Topdeck Value ($) Market Share 2015-2020
Table Flash Pack Company Profile
Table Flash Pack Production, Value, Price, Gross Margin 2015-2020
Figure Flash Pack Production and Growth Rate
Figure Flash Pack Value ($) Market Share 2015-2020
Table Accor Hotels Company Profile
Table Accor Hotels Production, Value, Price, Gross Margin 2015-2020
Figure Accor Hotels Production and Growth Rate
Figure Accor Hotels Value ($) Market Share 2015-2020
Table G Adventures Company Profile
Table G Adventures Production, Value, Price, Gross Margin 2015-2020
Figure G Adventures Production and Growth Rate
Figure G Adventures Value ($) Market Share 2015-2020
Table Travendly Company Profile
Table Travendly Production, Value, Price, Gross Margin 2015-2020
Figure Travendly Production and Growth Rate
Figure Travendly Value ($) Market Share 2015-2020
Table Skyscanner Company Profile
Table Skyscanner Production, Value, Price, Gross Margin 2015-2020
Figure Skyscanner Production and Growth Rate
Figure Skyscanner Value ($) Market Share 2015-2020
Table Contiki Company Profile
Table Contiki Production, Value, Price, Gross Margin 2015-2020
Figure Contiki Production and Growth Rate
Figure Contiki Value ($) Market Share 2015-2020
Table Ctrip Company Profile
Table Ctrip Production, Value, Price, Gross Margin 2015-2020
Figure Ctrip Production and Growth Rate
Figure Ctrip Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Millennial Travel Market Forecast Production by Types (2020-2025)
Table Global Millennial Travel Market Forecast Production Share by Types (2020-2025)
Table Global Millennial Travel Market Forecast Value ($) by Types (2020-2025)
Table Global Millennial Travel Market Forecast Value Share by Types (2020-2025)
Table Global Millennial Travel Market Forecast Consumption by Applications (2020-2025)
Table Global Millennial Travel Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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