The coronavirus (COVID-19) pandemic hit the tourism sector hard in 2020, as governments implemented stay-at-home measures to face the health crisis. As a result, the number of travelers worldwide went down significantly in that year. In North America, the number of outbound visitors was forecast to drop by **** percent in 2020.

In 2024, the number of outbound tourists from the United States surpassed ***** million. This represented an increase over the previous year's figure of **** million.

The demand for outbound tourism in the United States is expected to be valued at US$ 108.81 billion in 2024 and reach US$ 412.26 billion by 2034. Outbound tourism is expected to progress at an impressive CAGR of 14.2% through 2034.

Industry Outlook

Attributes	Key Insights
USA Outbound Tourism Industry Size, 2024	US$ 108.81 billion
Industry Size, 2023	US$ 95.63 billion
Projected Industry Size, 2034	US$ 412.26 billion
Value-based CAGR (2024 to 2034)	14.2%

Category-wise Insights

Attributes	Details
Top Purpose	Leisure Travel
Industry Share (2024)	45.0%

Attributes	Details
Top Tourist Type	Family
Industry Share (2024)	44.3%

Scope of the Report

Attribute	Details
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Industry Analysis	US$ billion for Value
Key Segments Covered	Purpose, Booking Channel, Tourism Type, Tourist Type, and Age Group
Key Companies Profiled	Butterfield & Robinson Expedia Inc. Priceline Group America Express Global Business Travel BCD Travel Carlson Wagonlit Travel HRG North America FC US America Express Travels Travel Leaders Group
Report Coverage	Growth Forecast, Competition Intelligence, DROT Analysis, Industry Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

In 2024, the highest number of inbound international visitors to the United States, ***** million, came from Canada. Meanwhile, approximately ** million visitors came from Mexico.

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
Booking Channel	Online Booking
Market Share	45.70%

Attributes	Details
Tour Type	Packaged Traveller
Market Share	39.20%

The outbound tourism industry in Germany is estimated to be valued at US$ 114,960.2 million in 2024 and is projected to reach US$ 292,799.9 million by 2034. The industry is expected to rise at a CAGR of 9.8% in the forecast period.

Attributes	Details
Industry Size of Outbound Tourism Germany in 2024	US$ 114,960.2 million
Expected Industry Size by 2034	US$ 292,799.9 million
CAGR (2024 to 2034)	9.8%

Germany Outbound Tourism Industry Outlook Vs. Demand Forecast

Attributes	Details
Industry size of Germany in 2019	US$ 72,959.3 million
Expected Industry Size of Germany in 2023	US$ 104,890.7 million
Historical CAGR from 2019 to 2023	9.5%

Category-wise insights

Leading Booking Channel	Online Booking
Total Share (2024)	43.8%

Leading Age Group Segment	36 to 45 Years
Total Share (2024)	32%

Scope of Germany Outbound Tourism Industry Report

Attribute	Details
Estimated Industry Size in 2024	US$ 114,960.2 million
Projected Industry Size in 2034	US$ 292,799.9 million
Anticipated CAGR from 2024 to 2034	9.8% CAGR
Historical Analysis of Demand for Outbound Tourism in Germany	2019 to 2023
Demand Forecast for Outbound Tourism in Germany	2024 to 2034
Report Coverage	Industry Size, Industry Trends, Analysis of key factors influencing Outbound Tourism in Germany, Insights on Global Players and their Industry Strategy in Germany, Ecosystem Analysis of Local and German Providers
Key Companies Profiled	TUI Germany Thomas Cook DER Touristik FTI Group Aida Cruises All Tours Schauinsland-Reisen TUI Cruises Hotelplan Suisse Phoenix Reisen

The outbound tourism sector in France is set to jump from US$ 37 million in 2024 to US$ 56.8 million by 2034. The market is expected to expand at an average CAGR of 4.3% through 2034.

Attributes	Details
France’s Outbound Tourism Industry Value (2024)	US$ 37 million
Forecast Industry Valuation (2034)	US$ 56.8 million
CAGR (2024 to 2034)	4.4%

Trends and Projections in France's Outbound Tourism Industry

Attributes	Details
France’s Outbound Tourism Industry Revenue (2019)	US$ 30.2 million
Historical Industry Valuation (2023)	US$ 35.3 million
HCAGR (2019 to 2023)	4.0%

Category-wise Insights

Leading Peak Season Segment	April to June
Market Share (2024)	38%

Leading Age Distribution Segment	26-35 years
Market Share (2024)	34.1%

Scope of the Report

Attribute	Details
Estimated Valuation (2024)	US$ 37 million
Projected Valuation (2034)	US$ 56.8 million
Anticipated CAGR (2024 to 2034)	4.4%
Historical Analysis of Outbound Tourism in France	2019 to 2023
Demand Forecast for Outbound Tourism in France	2024 to 2034
Quantitative Units	Revenue in US$ million and CAGR from 2024 to 2034
Report Coverage	Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Companies Profiled	Tui France France Billet Ticketnet Odalys Evasion Global Business Travel France Travel Lab SAS Oui.sncf SAS Fram Pv-Cp Distribution Vacances Heliades Other (on request)

In 2024, the number of inbound international visitors to the United States surpassed ** million. This represented an increase over the previous year's figure of **** million.

The United Kingdom's outbound travel industry is projected to hit a value of US$ 90.46 billion by 2024. This momentum is expected to be sustained as it is rising at a CAGR of 8.60%, leading to an estimated valuation of US$ 206.43 billion by 2034.

Attributes	Details
Industry Size of the United Kingdom in 2024	US$ 90.46 billion
Expected Industry Size of United Kingdom by 2034	US$ 206.43 billion
Forecasted CAGR between 2024 to 2034	8.60%

Category wise insights

Dominant Segment by Type	Day Trips & Local Gateways
Share held by the Segment in 2024	44.70%

Dominant Segment by Booking Channel	Online Booking
Share held by the Segment in 2024	29.60%

Forecast: Inbound Tourism Expenditure on Tourism Characteristic Products in the US 2024 - 2028 Discover more data with ReportLinker!

The number of visitors to the United States from Panama increased year-over-year since 2021. In 2024, the number of visitors to the U.S. from Panama reached 164,980, up from the previous year's total of 160,188.

Forecast: Inbound Tourism Expenditure on Passenger Transport Services in the US 2024 - 2028 Discover more data with ReportLinker!

Forecast: Inbound Tourism Expenditure on Food and Beverage Serving Services in the US 2024 - 2028 Discover more data with ReportLinker!

China tourist spending for 2004 was 27.76 billion US dollars, a 48.37% increase from 2003.

<ul style='margin-top:20px;'>

<li>China tourist spending for 2003 was <strong>18.71 billion US dollars</strong>, a <strong>13.96% decline</strong> from 2002.</li>
<li>China tourist spending for 2002 was <strong>21.74 billion US dollars</strong>, a <strong>14.4% increase</strong> from 2001.</li>
<li>China tourist spending for 2001 was <strong>19.01 billion US dollars</strong>, a <strong>9.75% increase</strong> from 2000.</li>
</ul>International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.

Forecast: Inbound Tourism Expenditure on Water Passenger Transport Services in the US 2024 - 2028 Discover more data with ReportLinker!

The number of tourist arrivals from the United States to Europe grew significantly in 2023 over the previous year, exceeding pre-pandemic levels. In 2023, Southern and Mediterranean European countries were the region's most visited destinations by U.S. travelers, with over ** million arrivals.

Thailand tourist spending for 2020 was 15.36 billion US dollars, a 76.14% decline from 2019.

<ul style='margin-top:20px;'>

<li>Thailand tourist spending for 2019 was <strong>64.37 billion US dollars</strong>, a <strong>4.87% increase</strong> from 2018.</li>
<li>Thailand tourist spending for 2018 was <strong>61.38 billion US dollars</strong>, a <strong>7.58% increase</strong> from 2017.</li>
<li>Thailand tourist spending for 2017 was <strong>57.06 billion US dollars</strong>, a <strong>17.74% increase</strong> from 2016.</li>
</ul>International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.

Forecast: Inbound Same-Day Visitors in the US 2024 - 2028 Discover more data with ReportLinker!

In 2024, outbound travel spending in Russia was measured at 38.79 billion U.S. dollars. The expenditure marked an increase of approximately ***percent in comparison to the previous year.

The US travel insurance market, a significant segment of the global travel insurance industry, exhibits robust growth potential. With a compound annual growth rate (CAGR) exceeding 3.0%, the market is driven by several key factors. Increasing outbound travel from the US, fueled by rising disposable incomes and a growing preference for international vacations, is a primary driver. Furthermore, heightened awareness of potential travel disruptions, including medical emergencies, trip cancellations, and lost luggage, is compelling more travelers to secure comprehensive coverage. The market is segmented by coverage type (single-trip versus annual multi-trip), distribution channel (insurance intermediaries, companies, banks, brokers), and end-user demographics (seniors, business travelers, families). The diverse range of offerings caters to varying needs and budgets, contributing to market expansion. While specific market size figures for the US are not provided, considering the global market size and the US's significant share of international travel, a reasonable estimate places the 2025 US market size at approximately $5 billion. This projection is supported by a projected CAGR of 3.5% for the next decade, resulting from continued economic growth and increased travel activity. The competitive landscape is characterized by both established players like American International Group (AIG), Allianz Partners, and Berkshire Hathaway Travel Protection, and smaller niche providers. These companies offer diverse product portfolios and distribution strategies to capture market share. The market’s growth is further influenced by technological advancements in insurance platforms, facilitating easier access and personalized coverage options. However, challenges remain, such as managing fluctuating currency exchange rates impacting payout claims and ensuring consumer awareness regarding policy details. Future growth will likely depend on enhancing customer experience through digital channels, strengthening partnerships with travel agencies and airlines, and developing innovative products catering to evolving consumer preferences. A greater emphasis on niche travel insurance products tailored to specific demographics or travel styles, like adventure travel insurance or backpacking insurance, will further drive market growth. This comprehensive report offers an in-depth analysis of the USA travel insurance market, covering the period 2019-2033. With a base year of 2025 and an estimated market size in the millions, this report provides valuable insights for businesses, investors, and policymakers seeking to understand this dynamic sector. We analyze historical data (2019-2024), current market estimations (2025), and project future trends (2025-2033). This report utilizes high-search-volume keywords, such as “travel insurance USA,” “travel insurance market analysis,” and “US travel insurance trends,” to maximize online visibility. Recent developments include: In May 2022, the International Medical Group (IMG), a leading insurance benefits and assistance services company, introduced iTravelInsured Essential. iTravelInsured Essential is a cost-effective travel insurance product that offers the most necessary travel protection benefits., In April 2022, USI Affinity announced the launch of a new travel protection plan, Road Trip Insure, offered through its Travel Insurance Services division.. Notable trends are: Increased Focus on Travel Safety and Insurance is Driving the Market Growth.