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Global Leisure Travel Market to Triple by 2040, Domestic Tourism to Drive Growth: BCG

Global Leisure Travel Market to Triple by 2040, Domestic Tourism to Drive Growth: BCG

According to a recent report by Boston Consulting Group (BCG), the global leisure travel market is expected to triple in size by 2040. The main driving force behind this surge is anticipated to be domestic tourism, which is poised to boost travel activity across emerging markets and regions. 

Global leisure travel market to triple to USD 15 trillion by 2040: BCG  Report
Global Leisure Travel Market to Triple by 2040, Domestic Tourism to Drive Growth: BCG

The report highlights that with rising incomes and evolving lifestyles, more people are choosing to invest in travel within their own countries. This growing trend is expected to unlock major opportunities in the travel industry, including job creation, infrastructure development, and advancements in travel-related technology.


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