The value of travel market in India was estimated at ** billion U.S. dollars in 2023. The travel market was forecasted to grow around *** billion U.S. dollars by financial year 2030.
In 2023, the share of revenues from domestic travel spending to the total tourism revenue was around 86 percent in India. The share of foreign visitor spending, has increased to 14 percent in 2023. Incredible India’s booming tourism India's tourism offers experiences ranging from cultural and religious sites to wellness tourism and destination weddings. The industry contributes to a significant amount of the country's GDP. Of the international tourist arrivals, the United States of America was the largest source of foreign tourists. It is likely that most of these were non-resident Indians or diaspora. Bangladesh and United Kingdom rounded off the top three FTAs into India. Domestic push and revenge tourism The tourism market in India has been experiencing steady growth in recent years, driven by a combination of factors. Initiatives such as 'Swadesh Darshan' and 'Incredible India' by the government, combined with increasing disposable income, have boosted domestic tourism. Moreover, ‘revenge tourism’ has gained popularity in India, particularly following the COVID-19 pandemic, as people seek to make up for lost travel experiences and show resilience. The majority of tourism revenue comes from domestic tourists, the revenue in this sector was projected to continue increasing from 2024 to 2029, indicating a promising outlook for the segment.
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International tourism, number of arrivals in India was reported at 17914000 in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, number of arrivals - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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India Foreign Tourist Arrivals: Annual: Air data was reported at 7,559,617.000 Person in 2023. This records an increase from the previous number of 5,375,285.000 Person for 2022. India Foreign Tourist Arrivals: Annual: Air data is updated yearly, averaging 6,476,110.500 Person from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 133,622,475.000 Person in 2021 and a record low of 2,173,855.000 Person in 2020. India Foreign Tourist Arrivals: Annual: Air data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB003: Foreign Tourist Arrivals: by Mode of Transport.
In 2023, over 2.5 billion domestic tourist visits were made across India, an increase from the previous year. Although an exponential rise in the local tourist visits was seen from the year 2000 to the present across the country, the coronavirus pandemic halted the trend in 2020. Cheap and best with easy access Social media usage has played a significant role in giving domestic tourism a boost. With an increase in the number of social media users, travelers use online platforms for posting pictures and sharing information on the places they visited. Keeping up to date with the trending travel destinations, the cheapest travel and budget hotels are on the mind of every traveler. This is now possible with just the click of a button. The effects of political unrestWith this kind of dependency on the tourism sector on the internet, many incurred economic losses due to the internet shutdowns. Tourism markets in the Jammu and Kashmir regions, for example, have been directly affected by political unrest, in addition the latest India-Pakistan escalation. This situation has not only witnessed reduced tourist numbers but has affected the livelihoods of many Kashmiris who are solely dependent on employability within this industry. The region, which is a nature lover’s paradise, has been a major attraction for both domestic and foreign tourists for decades. Ancient shrines like Vaishno Devi and Jalandra Devi are present in the state that account for over half of the region’s domestic tourists.
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Visitor Arrivals: Local: Delhi data was reported at 39,415,000.000 Person in 2023. This records an increase from the previous number of 27,186,200.000 Person for 2022. Visitor Arrivals: Local: Delhi data is updated yearly, averaging 9,583,671.000 Person from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 39,415,000.000 Person in 2023 and a record low of 1,228,059.000 Person in 2002. Visitor Arrivals: Local: Delhi data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under Global Database’s India – Table IN.QD001: Resident Visits: by States.
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India's outbound tourism market is projected to reach US$ 18817.72 million in 2024 and expand at 11.4% CAGR between 2024 and 2034. The growth in the market is primarily attributed to the increasing desire of Indians, especially millennials, to visit international destinations. The market value is projected to reach US$ 55388.41 million by 2034.
Attributes | Key Statistics |
---|---|
Expected Base Year Value (2024) | US$ 18817.72 million |
Anticipated Forecast Value (2034) | US$ 55388.41 million |
Estimated Growth (2024 to 2034) | 11.40% CAGR |
Category-wise Insights
Attributes | Details |
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Booking Channel | Online Booking |
Market Share | 45.70% |
Attributes | Details |
---|---|
Tour Type | Packaged Traveller |
Market Share | 39.20% |
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India Foreign Tourist Arrivals: Annual: Sea data was reported at 1,913,707.000 Person in 2023. This records an increase from the previous number of 19,312.000 Person for 2022. India Foreign Tourist Arrivals: Annual: Sea data is updated yearly, averaging 50,780.000 Person from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 1,913,707.000 Person in 2023 and a record low of 19,312.000 Person in 2022. India Foreign Tourist Arrivals: Annual: Sea data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB003: Foreign Tourist Arrivals: by Mode of Transport.
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International tourism, number of departures in India was reported at 26915000 in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, number of departures - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
The United States of America was the largest source of foreign tourists arriving to India in 2022 at over 1,373 thousand visitors. American tourists have been outnumbering the tourists that visit the country from other European and South Asian countries in 2022. In 2022, citizens from Bangladesh, the United States of America, and the United Kingdom had the highest number of tourists visiting India.
Sliding foreign revenue
According to the data, most Bangladeshi tourists visited India for leisure travel. Moreover, leisure spending was also the highest contributor to the foreign tourism revenue for India. However, the growth in foreign exchange earnings was the slowest this decade, with just over 4.7 percent in 2018.
Borders dictating tourism
Bangladesh and India share the fifth-longest land border in the world. This might also explain the high tourism influx from Bangladesh to India. Although from the point of view of the Indian government, there seems to be a thin line between tourism and illegal immigration. Managing the complex Indo-Bangladeshi border running through five Indian states is a herculean task, which needs constant monitoring. Risks of cross-border infiltration, illegal migration and smuggling remain major national security challenges for India.
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India Foreign Tourist Arrivals: Annual: Land data was reported at 47,605.000 Person in 2023. This records a decrease from the previous number of 1,042,870.000 Person for 2022. India Foreign Tourist Arrivals: Annual: Land data is updated yearly, averaging 814,462.000 Person from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 18,019,945.000 Person in 2021 and a record low of 47,605.000 Person in 2023. India Foreign Tourist Arrivals: Annual: Land data remains active status in CEIC and is reported by Ministry of Tourism. The data is categorized under India Premium Database’s Tourism Sector – Table IN.QB003: Foreign Tourist Arrivals: by Mode of Transport.
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International tourism, receipts for passenger transport items (current US$) in India was reported at 377000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, receipts for passenger transport items - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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International tourism, expenditures (current US$) in India was reported at 15777000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, expenditures - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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India's Medical Tourism Market is segmented by treatment type (dental treatment, cosmetic treatment, cardiovascular treatment, orthopedic treatment, neurological treatment, cancer treatment, fertility treatment, and others) and service provider (public and private). The report offers market size and forecasts in value (USD) for the above segments.
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International tourism, receipts (current US$) in India was reported at 13413000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, receipts - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The India sustainable tourism market is estimated to reach ~USD 37.1 million in the year 2024 and is further forecasted to reach a valuation of ~USD 216.7 million in the year 2034 with a market CAGR of 19.3% between the years 2024 and 2034. The India sustainable tourism industry revenue in 2023 was USD 31.1 million.
Attribute | Details |
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India Sustainable Tourism Market Size (2023A) | USD 31.1 Million |
India Sustainable Tourism Market Estimated Size (2024E) | ~USD 37.1 Million |
India Sustainable Tourism Market Forecasted Size (2034F) | ~USD 216.7 Million |
India Sustainable Tourism Market Value-based CAGR (2024 to 2034) | 19.3% |
India Sustainable Tourism Market Top Players Share in 2023 | 5%-10% |
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International tourism, receipts (% of total exports) in India was reported at 2.7673 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, receipts (% of total exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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India Travel & Tourism Market Size, share, Outlook & Analysis 2023 By Product/Service Offering, By Type (Domestic, Inbound, etc.), By Purpose of Visit, By Tourist Profile, By Average Duration of Stay, By Mode of Travel, Competition Forecast & Opportunities
Pages | 121 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
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International tourism, receipts for travel items (current US$) in India was reported at 13036000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - International tourism, receipts for travel items - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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The food tourism market is expected to be US$ 999,033.40 million in 2023 and US$ 4,112,489.40 million by 2033. The food tourism sector industry is to develop at a CAGR of 15.20% from 2023 to 2033.
Market HCAGR (From 2018 to 2022) | 13.60% |
---|---|
Market Size - 2018 | US$ 519,829.40 million |
Market Size - 2022 | US$ 865,713.50 million |
Market CAGR (From 2023 to 2033) | 15.20% |
---|---|
Market Size - 2023 | US$ 999,033.40 million |
Market Size - 2033 | US$ 4,112,489.40 million |
Country - Wise Insights
Attribute | Details |
---|---|
North America Market Share - 2023 | 22.30% |
United States Market Share - 2023 | 18.30% |
Australia Market Share - 2023 | 2.30% |
Attribute | Details |
---|---|
Japan Market Share - 2023 | 4.90% |
China Market CAGR (From 2023 to 2033) | 16.30% |
India Market CAGR (From 2023 to 2033) | 18.30% |
Attribute | Details |
---|---|
Europe Market Share - 2023 | 29.40% |
Germany Market Share - 2023 | 8.40% |
United Kingdom Market CAGR (From 2023 to 2033) | 10.50% |
Category - Wise Insights
Category | Activity type |
---|---|
Leading Segment | Restaurants |
Market Share | 58.40% |
Category | Booking Channel |
---|---|
Leading Segment | Online Booking |
Market Share | 40.20% |
The value of travel market in India was estimated at ** billion U.S. dollars in 2023. The travel market was forecasted to grow around *** billion U.S. dollars by financial year 2030.