Quadintel published a recovery-based report for Global “Educational Tourism Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
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Global Educational Tourism Market is valued at approximately USD 401 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 17.8 % over the forecast period 2021-2027.
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Education tourism is referred to as tourism, which individuals make for the. purpose of obtaining education or training. It may be for a short duration or long duration. There are number of individuals who are migrating to other regions to acquire education. or they travel to foreign countries. The growing digital marketing industry, rising demand for national and international school trips has led to the adoption of Educational Tourism across the forecast period. For Instance: As per the IBEF, The Internet’s share in total advertising revenue is anticipated to grow twofold from eight per cent in 2013 to 16 per cent in 2018. Online advertising, which was estimated at Rs 2,900 crore (US$ 435 million) in 2013, has jumped threefold to Rs 10,000 crore (US$ 1.5 billion) in five years, increasing at a compound annual rate of 28 per cent. Also, with the favorable government initiatives offered on attractive Master’s degrees, the adoption & demand for Educational Tourism is likely to increase the market growth during the forecast period. However, high education costs impede the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Educational Tourism market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to acquiring popularity with regards to education, as it provides and strives to maintain the best educational facilities, encourages educational tours, and spends on quality learning and research. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as the opportunity to have a new experience and witness different cultures and scholarships facility responsible for lucrative growth prospects for the Educational Tourism market across European region.
Major market players included in this report are:
Qadri International Education Consultancy
Meridean Overseas
GVI Company
Global Volunteers
Capital Tours, Inc.
EF Educational Tours
Road Scholar
AAI Edutourz
ACIS Educational Tours
GoIreland
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Age Group:
Less Than 12 Years
13-18 Years
19-25 Years
26-40 Years
41-55 Years
By Education Type:
Primary
Secondary
College
Post Graduate
By Course Type:
Master Degree
Secondary Education
Primary Education
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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