What is the current valuation of the India travel and tourism market?

The India travel and tourism market was valued at 42.85 USD Billion in 2024. Read More

What is the projected market size for the India travel and tourism sector by 2035?

The market is projected to reach 75.3 USD Billion by 2035. Read More

What is the expected CAGR for the India travel and tourism market during the forecast period 2025 - 2035?

The expected CAGR for the market during 2025 - 2035 is 5.26%. Read More

Which segments are driving growth in the India travel and tourism market?

Segments such as Leisure Tourism and Business Tourism are key drivers, with valuations of 27.0 USD Billion and 18.0 USD Billion respectively by 2035. Read More

What types of accommodation are popular in the India travel and tourism market?

Luxury Hotels and Budget Hotels are prominent, with projected valuations of 18.0 USD Billion and 15.0 USD Billion by 2035. Read More

How does the transport mode segment contribute to the market?

Air Travel and Road Travel are significant contributors, expected to reach 25.0 USD Billion and 20.0 USD Billion respectively by 2035. Read More

What are the leading companies in the India travel and tourism market?

Key players include MakeMyTrip, Yatra, and Cleartrip, which are influential in shaping market dynamics. Read More

What is the significance of adventure tourism in the market?

Adventure Tourism is projected to grow to 9.0 USD Billion by 2035, indicating a rising interest in experiential travel. Read More

What role do tour packages play in the India travel and tourism market?

Tour packages, particularly Group Tours and Luxury Packages, are expected to reach valuations of 18.0 USD Billion and 21.0 USD Billion by 2035. Read More

How is the family vacation segment performing in the market?

The Family Vacation segment is anticipated to grow to 22.5 USD Billion by 2035, reflecting a strong trend towards family-oriented travel. Read More

India Travel And Tourism Market

ID: MRFR/CG/42621-HCR

200 Pages

Garvit Vyas

Last Updated: April 06, 2026

India Travel and Tourism Market Size, Share, Industry Trend & Analysis Research Report By Type Outlook (Leisure, Educational, Business, Sports, Medical Tourism, Others (Event Travel, Volunteer Travel, etc.)), By Application Outlook (Domestic, International), By Traveler Type Outlook (Solo Traveler, Couple Traveler, Group Traveler), By Travel Days Outlook (Less than 7 Days, 8- 15 Days, 16-30 Days, More than 30 Days), By Travel Mode Outlook (Travel Packages, Self-catered) and By Booking Outlook (Online, Offline) - Forecast to 2035.

India Travel And Tourism Market

Market Size

Forecast Period2025 - 2035

CAGR (2025 - 2035)5.26%

2024 Market Size$ 42.85 Billion

2025 Market Size$ 45.34 Billion

2035 Market Size$ 75.3 Billion

Key Players

MakeMyTrip

Yatra

Cleartrip

Thomas Cook

Goibibo

Travel Corporation of India

Trends

Sustainable Tourism Initiatives
Cultural and Heritage Tourism
Technological Advancements in Travel Services

Opportunities

Culinary Tourism Growth
Growing Domestic Tourism
Adventure and Experiential Tourism

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Consumer and Retail, BY Tourism Type (USD Billion)
  1. 4.1.1 Leisure Tourism
  2. 4.1.2 Business Tourism
  3. 4.1.3 Adventure Tourism
  4. 4.1.4 Cultural Tourism
  5. 4.1.5 Medical Tourism
2. 4.2 Consumer and Retail, BY Travel Purpose (USD Billion)
  1. 4.2.1 Family Vacation
  2. 4.2.2 Honeymoon
  3. 4.2.3 Solo Travel
  4. 4.2.4 Corporate Travel
  5. 4.2.5 Pilgrimage
3. 4.3 Consumer and Retail, BY Accommodation Type (USD Billion)
  1. 4.3.1 Luxury Hotels
  2. 4.3.2 Budget Hotels
  3. 4.3.3 Homestays
  4. 4.3.4 Resorts
  5. 4.3.5 Hostels
4. 4.4 Consumer and Retail, BY Transport Mode (USD Billion)
  1. 4.4.1 Air Travel
  2. 4.4.2 Rail Travel
  3. 4.4.3 Road Travel
  4. 4.4.4 Water Travel
  5. 4.4.5 Public Transport
5. 4.5 Consumer and Retail, BY Tour Package Type (USD Billion)
  1. 4.5.1 All-Inclusive Packages
  2. 4.5.2 Customized Packages
  3. 4.5.3 Group Tours
  4. 4.5.4 Eco-Tourism Packages
  5. 4.5.5 Luxury Packages
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Consumer and Retail
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Consumer and Retail
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 MakeMyTrip (IN)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Yatra (IN)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Cleartrip (IN)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Thomas Cook (IN)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Goibibo (IN)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 Travel Corporation of India (IN)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 SOTC Travel (IN)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Cox & Kings (IN)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 IRCTC (IN)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 INDIA MARKET ANALYSIS BY TOURISM TYPE
3. 6.3 INDIA MARKET ANALYSIS BY TRAVEL PURPOSE
4. 6.4 INDIA MARKET ANALYSIS BY ACCOMMODATION TYPE
5. 6.5 INDIA MARKET ANALYSIS BY TRANSPORT MODE
6. 6.6 INDIA MARKET ANALYSIS BY TOUR PACKAGE TYPE
7. 6.7 KEY BUYING CRITERIA OF CONSUMER AND RETAIL
8. 6.8 RESEARCH PROCESS OF MRFR
9. 6.9 DRO ANALYSIS OF CONSUMER AND RETAIL
10. 6.10 DRIVERS IMPACT ANALYSIS: CONSUMER AND RETAIL
11. 6.11 RESTRAINTS IMPACT ANALYSIS: CONSUMER AND RETAIL
12. 6.12 SUPPLY / VALUE CHAIN: CONSUMER AND RETAIL
13. 6.13 CONSUMER AND RETAIL, BY TOURISM TYPE, 2024 (% SHARE)
14. 6.14 CONSUMER AND RETAIL, BY TOURISM TYPE, 2024 TO 2035 (USD Billion)
15. 6.15 CONSUMER AND RETAIL, BY TRAVEL PURPOSE, 2024 (% SHARE)
16. 6.16 CONSUMER AND RETAIL, BY TRAVEL PURPOSE, 2024 TO 2035 (USD Billion)
17. 6.17 CONSUMER AND RETAIL, BY ACCOMMODATION TYPE, 2024 (% SHARE)
18. 6.18 CONSUMER AND RETAIL, BY ACCOMMODATION TYPE, 2024 TO 2035 (USD Billion)
19. 6.19 CONSUMER AND RETAIL, BY TRANSPORT MODE, 2024 (% SHARE)
20. 6.20 CONSUMER AND RETAIL, BY TRANSPORT MODE, 2024 TO 2035 (USD Billion)
21. 6.21 CONSUMER AND RETAIL, BY TOUR PACKAGE TYPE, 2024 (% SHARE)
22. 6.22 CONSUMER AND RETAIL, BY TOUR PACKAGE TYPE, 2024 TO 2035 (USD Billion)
23. 6.23 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 India MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY TOURISM TYPE, 2026-2035 (USD Billion)
  2. 7.2.2 BY TRAVEL PURPOSE, 2026-2035 (USD Billion)
  3. 7.2.3 BY ACCOMMODATION TYPE, 2026-2035 (USD Billion)
  4. 7.2.4 BY TRANSPORT MODE, 2026-2035 (USD Billion)
  5. 7.2.5 BY TOUR PACKAGE TYPE, 2026-2035 (USD Billion)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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India India Travel And Tourism Market Segmentation

India Travel And Tourism Market By Tourism Type (USD Billion, 2026-2035)

Leisure Tourism
Business Tourism
Adventure Tourism
Cultural Tourism
Medical Tourism

India Travel And Tourism Market By Travel Purpose (USD Billion, 2026-2035)

Family Vacation
Honeymoon
Solo Travel
Corporate Travel
Pilgrimage

India Travel And Tourism Market By Accommodation Type (USD Billion, 2026-2035)

Luxury Hotels
Budget Hotels
Homestays
Resorts
Hostels

India Travel And Tourism Market By Transport Mode (USD Billion, 2026-2035)

Air Travel
Rail Travel
Road Travel
Water Travel
Public Transport

India Travel And Tourism Market By Tour Package Type (USD Billion, 2026-2035)

All-Inclusive Packages
Customized Packages
Group Tours
Eco-Tourism Packages
Luxury Packages

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