The Australia and South Pacific island's tourism market is estimated to reach USD 150 Billion in 2022. The sales from this region are forecast to increase by 7 % CAGR, with market valuation to reach USD 295.07 Billion in 2032.
Attribute | Details |
---|---|
The Australia and South Pacific Tourism Market Estimated Size (2022) | USD 150 Billion |
The Australia and South Pacific Tourism Market Projected Size (2032) | USD 295.07 Billion |
The Australia and South Pacific Tourism Market Value-based CAGR (2022 to 2032) | 7 % |
The Australia and South Pacific Tourism Market Top Players Share in 2021 | 2% - 5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The Australia and South Pacific islands are part of Oceania and are among the most visited and active-tourist regions. Australia and South Pacific islands have a diversity to explore for tourists. From Fiji Islands to beaches, there are lots of destinations to explore in Australia and the South Pacific islands. The culture, nature, and food trends of these regions are key factors that attract tourists.
The inhabitants are dependent on tourism for their employment. The spending of tourists on different factors like travel, food, accommodation, local retail trades, etc. helps in generating revenue. The travelling agencies and tour services share a good portion of such expenditure.
Domestic tourists are tending to travel to the regional area, and the reasons for travelling are usually holidays and personal work, followed by visits to relatives and friends and business tours.
The expenditure by international tourists is higher than the domestic Overseas travellers tend to visit popular places and spend mainly on lodging and food, followed by travelling and retail trades. Due to the response from overseas tourists, the hotels and restaurants in the capital cities of these regions are gaining revenue.
Tourism is the most important part of the economic growth of the Pacific island countries. The Pacific islands are rich in natural and cultural heritage. Tourists from around the world are exacting for such an experience, and are willing to spend a good amount of money. Tourism may be the way forward for Pacific countries to improve the economy and opportunities for job and infrastructure development.
The major factors may include: development in airlines and carriers, development in local lodging and hotel brands and restaurants, tourism packages for tourists, help them have a specific experience during their stay. Increasing demand in Pacific Cruises, etc. Tourism policies and their implementation vary from country to country. So modification and using different strategies might help in utilizing tourism as a growth driver.
Regional organisations ready to support the development of tourism in Oceania
The South Pacific Tourism Organisation (SPTO) is an inter-government body, which deals with the tourism sector in South Pacific. The main agenda for SPTO is to market and develop the tourism in South Pacific.
It also organises the South Pacific Tourism Exchange (SPTE), which is the largest travel and tourism-based Business to Business event in the region, helping to get the regional tourism operators and International tour operators, which might be the potential buyers. The SPTE Schedules and arranges meetings and appointments for such organisations to promote regional tourism.
2019 was the year of tourism for the Pacific Island countries of China. From November 2019 to January 2020, a cruise ship carrying more than 2,300 Chinese tourists left Tianjin and anchored in 10 of her PICs and regions, including PNG, Vanuatu and Tonga.
Since 2005, China has annually provided the Pacific Tourism Organization (PTO) with a free booth at the China International Travel Mart, invited the heads of tourism departments of PTO member countries to the event, and promoted PIC tourism resources.
China has been a strong supporter of PIC. More and more PICs have been added as tour destinations by Chinese tourism companies. So far, nine of the PICs with diplomatic ties to China, excluding Niue, have been destinations for outbound Chinese tourist groups. There are also cultural exchanges between PRC and PICs, making their relations even stronger.
Launch of new campaigns expected to attract more travellers in Australia
Tourism Australia is a Government Agency, which attracts international tourists to Australia. Tourist activities have both prospects, for leisure and for promoting business activities. The organisation organises activities related to marketing of regional businesses related to tourism and advertising, trade shows and media programmes.
They also continuously search for new markets by analysing consumer behaviour through research and online communications. These activities help in taking the right steps towards the development of tourism in Australia. In the Pacific, the New Zealand government-funded development of the Port Vila waterfront has created an attractive environment for cruises.
There are also plans for a waterfront development in Apia, Samoa. These include other development partners to build new port infrastructure in Luganville, Vanuatu, where the Government of the People's Republic of China funded the construction of a new wharf and cruise terminal, and Port Vila, Vanuatu, funded by the Government of Japan. It complements the major initiatives it supports.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Tourists are preferring the Eco/sustainable tourism to explore and experience the natural beauty of the South Pacific Islands.
The islands of the Southern Pacific have a number of natural legacies. From beaches and islands to cities with unique architecture attract tourists from all over the world. Great Barrier Reef, Sydney Opera House, Hervey Bay, and so forth are major tourist attractions.
Kakadu National Park, Uluru-kata Tjuta national park, and Gondwana rainforest are top eco-tourism destinations, preferred by tourists. Some tour companies are including city tours and nature excursions in one tour package, which are very popular among travelers.
Tourists from all around the world visiting the Pacific Countries are using websites for selecting destinations and booking hotels.
Tourists are using the websites of tour planning organizations and companies to check and select destinations they like to visit. Because of freedom of modification and ease of access, most tourists are going to online portals to book tours and destinations, including stays and traveling.
Some big names are offering combo packages including expenses of food and accommodation, and are giving choices of selecting standard and luxury options. Guests may also consult various places online to get a stay and food, or to visit a nearby place that is popular for something.
The leading players of South Pacific tourism are available globally and are offering a number of packages of tours including famous tourist attractions and destinations. These tour companies are giving travelers multiple options to explore the South Pacific destinations. The packages include cruises, safaris, city and jungle cruises, and mountain hikes.
For instance:
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Region Covered | Oceania |
Key Countries Covered | Australia, New Zealand, Fiji, Papua New Guinea, Tuvalu, and Vanuatu. |
Key Segments Covered | Tourism Type, Booking Channel, Tourist Type, Tour Type |
Key Companies Profiled | Helloworld Travel; Sahara Travels; Gaura Travel; Adventure Tours Australia; Audley Travel; Australia Health Tourism; Australian Sports Tours; Cox and Kings; Adventure-Life; Kesari Tours; Mango Tours India; Trafalgar |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Australia and South Pacific Tourism market is expected to reach a valuation of USD 150 Billion in 2022.
The ecological heritage of the South Pacific Islands and multiple popular tourist places are the main key factors for increasing the tourism market. Tourism organizations are given the freedom of choosing the combination of multiple destinations, along with accommodation and food in the package.
Leading players operating in Australia and South Pacific tourism are Helloworld travel, Sahara Travels, Gaura Travel, Adventure Tours Australia, Audley Travel, Australia Health Tourism, Australian Sports Tours, Cox and Kings, Adventure Life, Kesari Tours, Mango Tours India, Trafalgar and among others.
Leading players in Australia and South Pacific the tourism market is estimated to account for approximately ~2%-5% of the total market share.
1. Executive Summary | Australia and South Pacific Tourism Market 2. Market Introduction 3. Market Dynamics 4. Market Background 5. Categorizing of Market, 2021 5.1. Current Market Analysis By Tourism (% of Demand) 5.1.1. Cultural & Heritage Tourism 5.1.2. Medical Tourism 5.1.3. Eco/Sustainable Tourism 5.1.4. Sports Tourism 5.1.5. Wellness Tourism 5.1.6. Others 5.2. Current Market Analysis By Tourist Type (% of Demand) 5.2.1. Domestic 5.2.2. International 5.3. Current Market Analysis By Age Group (% of Demand) 5.3.1. 15-25 Years 5.3.2. 26-35 Years 5.3.3. 36-45 Years 5.3.4. 46-55 Years 5.3.5. 66-75 Years 5.4. Current Market Analysis By Booking Channel (% of Demand) 5.4.1. Phone Booking 5.4.2. Online Booking 5.4.3. In-Person Booking 5.5. Current Market Analysis By Country (% of Demand) 5.5.1. Fiji 5.5.2. Papua New Guinea 5.5.3. Micronesia 5.5.4. New Zealand 5.5.5. Australia 5.5.6. Others 6. Social Media Sentimental Analysis 7. Competition Analysis 7.1. Helloworld Travel 7.2. Sahara Travels 7.3. Gaura Travels 7.4. Adventure Tours Australia 7.5. Audley Travel 7.6. Australia Health Tourism 7.7. Australian Sports Tours 7.8. Cox and Kings 7.9. Adventure-Life 7.10. Kesari Tours 7.11. Mango Tours India 7.12. Trafalgar 7.13. Others (As Per Request) 8. Assumptions and Acronyms Used 9. Research Methodology
Explore Travel and Tourism Insights
View Reports