Asia Pacific Travel Market Report 2020-2024

Summary

The Asia Pacific travel market, the world’s largest regional market, faced terrible challenges in 2020 and beyond. The original coronavirus epicenter, the APAC travel industry shrank 58% in 2020 from its 2019 size. While nation-specific market shifts vary significantly, the region fared better than many of its global counterparts, due to swift government action in relation to the pandemic. Recovery and developments will also vary, due in large part to the emergence and spread of the Delta variant across the region.  

For this report, 13 countries comprise the Asia Pacific travel market: Australia, China, India, Japan, New Zealand, Northeast Asia (including Hong Kong, Macau, South Korea and Taiwan) and Southeast Asia (including Indonesia, Malaysia, Singapore and Thailand). This report provides comprehensive market sizing and projections for the Asia Pacific travel industry from 2018-2024, including analysis of key segments, country-level share and trends, distribution dynamics and more. 
 
Also available in the Asia Pacific Travel Market Report 2020-2024 series:  

• Australia-New Zealand Travel Market Report 2020-2024

• China Travel Market Report 2020-2024

• India Travel Market Report 2020-2024

• Japan Travel Market Report 2020-2024

• Southeast Asia Travel Market Report 2020-2024