Global Tourism Source Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Booking Channel;

Websites, Mobile Applications, Travel Agencies, and Others.

By Tourist Size;

Solo, Group, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn500442807 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Tourism Source Market (USD Million), 2021 - 2031

In the year 2024, the Global Tourism Source Market was valued at USD 1,441,241.67 million. The size of this market is expected to increase to USD 2,059,272.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global tourism source market refers to the regions and countries that generate the highest number of outbound travelers, contributing significantly to the international tourism industry. As globalization, economic development, and rising disposable incomes fuel travel demand, various source markets have emerged, with developed nations like the United States, China, Germany, and the United Kingdom leading in outbound tourism expenditure. These markets are characterized by strong travel cultures, well-established airline networks, and consumer preferences for international experiences. Meanwhile, developing nations, particularly in Asia and Latin America, are experiencing rapid growth in outbound travel due to expanding middle-class populations and increased accessibility to global destinations.

Several factors influence the dynamics of the global tourism source market, including economic stability, currency exchange rates, visa regulations, and geopolitical conditions. Countries with strong economies and favorable exchange rates tend to produce higher outbound travel volumes, as citizens find it more affordable to explore international destinations. Additionally, advancements in digital technology, social media, and online travel platforms have made trip planning more accessible, further driving outbound travel growth. Political stability and diplomatic relations also play a crucial role, as visa-free travel agreements and relaxed entry restrictions encourage more cross-border movement.

Segmenting the tourism source market provides valuable insights into travel trends, consumer behaviors, and emerging opportunities for destination countries. Different source markets exhibit unique travel preferences—some prioritize luxury experiences, while others seek budget-friendly options, adventure tourism, or cultural heritage trips. As tourism boards and hospitality businesses compete to attract international travelers, understanding the key drivers behind outbound tourism helps in crafting targeted marketing strategies and personalized travel offerings. With increasing emphasis on sustainability and responsible tourism, the global tourism source market is evolving, shaping the future of international travel and economic growth in the tourism industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Booking Channel
    2. Market Snapshot, By Tourist Size
    3. Market Snapshot, By Region
  4. Global Tourism Source Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Economic Growth
        2. Demographic Trends
        3. Global Events and Trends
      2. Restraints
        1. Economic Downturns
        2. Political Instability
        3. Overtourism
      3. Opportunities
        1. Emerging Markets
        2. Destination Diversification
        3. Wellness and Health Tourism
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Tourism Source Market, By Booking Channel, 2021 - 2031 (USD Million)
      1. Websites
      2. Mobile Applications
      3. Travel Agencies
      4. Others
    2. Global Tourism Source Market, By Tourist Size, 2021 - 2031 (USD Million)
      1. Solo
      2. Group
      3. Others
    3. Global Tourism Source Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Beneluc
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TripAdvisor LLC
      2. TUI Group
      3. Airbnb, Inc.
      4. Vueling Airlines SA
      5. Iberia Express, S.A.
      6. Delta Air Lines, Inc.
      7. Expedia, Inc.
      8. Ryanair Group
      9. Italia Trasporto Aereo S.p.A.
      10. Booking Holdings, Inc.
      11. Renfe
      12. Expedia
      13. Ryanir
      14. Airbnb
      15. Vueling
  7. Analyst Views
  8. Future Outlook of the Market