Germany Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

Germany Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

Summary

Travel & Tourism in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.The German travel and tourism   industry had total revenues of $231.6 billion in 2022, representing a compound annual rate of change (CARC) of 1.2% between 2017 and 2022.Food service was the industry's largest segment in 2022, with total revenues of $106.6 billion, equivalent to 46% of the industry's overall value.Germany is one of the most popular tourist destinations in the European region consisting of various architectural landmarks, valleys, forests, lakes, and museums.ScopeSave time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in GermanyUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in GermanyLeading company profiles reveal details of key travel & tourism market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Germany travel & tourism market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the Germany travel & tourism market by value in 2022?What will be the size of the Germany travel & tourism market in 2027?What factors are affecting the strength of competition in the Germany travel & tourism market?How has the market performed over the last five years?How large is Germany’s travel & tourism market in relation to its regional counterparts?