Saudi Arabia's Hajj tourism industry enjoys rapid development with its value crossing US$ 171.41 billion in 2024. This value is likely to multiply to US$ 343.55 billion by 2034. The recently updated report hints toward a forecasted compound annual growth rate (CAGR) of 7.20% through 2034.
This remarkable expansion has several demand drivers. First, the growing number of pilgrims who take the Hajj pilgrimage each year results in larger demands for tourism services including accommodations, transportation and religious guidance.
There is also nationwide infrastructure and hotel building activities that meet the changing needs and expectations of today's pilgrims, thereby once again contributing costs to Hajj tourism services.
| Attributes | Details |
|---|---|
| Saudi Arabia Hajj Tourism Industry Value for 2024 | US$ 171.41 billion |
| Saudi Arabia Hajj Tourism Industry Value for 2034 | US$ 343.55 billion |
| Saudi Arabia Hajj Tourism Industry Forecast CAGR for 2024 to 2034 | 7.20% |
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| Historical CAGR (2019 to 2023) | 6.70% |
|---|---|
| Forecast CAGR (2024 to 2034) | 7.20% |
The industry climbed a steady CAGR from 2019 to 2023 at a 6.70% CAGR which indicates consistent growth. As per the latest report for 2024 to 2034, the CAGR is anticipated to rise slightly to 7.20%, which also reveals untapped opportunities available for hajj tourism providers.
Elements that play a role in the steep uptake of renewable energy include ongoing investment in infrastructure, technological advancements, government commitment as well as global promotion.
The tourism companies are set to improve accessibility, simplify service supply, and ultimately attract many pilgrims to Saudi Arabia so that the industry grows. In general, the outlook of Saudi Arabia`s Hajj tourism industry is considered to be optimistic, and prospects for long-term growth are available.
Principal Consultant
| Segment | Estimated Share in 2024 |
|---|---|
| International | 58.90% |
| 46 to 55 Years Age Group | 44.80% |
The latest report notes that 58.9% share belonged to foreigners who traveled to the country. This only shows how dominant and important Hajj pilgrimage is for Muslims worldwide as they come from different parts of the earth for religious reasons.
Companies more than the profit aspect, tend to deliver services to customers as Hajj brings together Muslims irrespective of national boundaries, creating a spiritual quest outside geographic borders. Various Hajj tour companies are responsible for promoting this segment. These companies offer discounts and packages to hajj tourists which enable them to perform hajj at best prices.
The middle age group of between 46 and 55 years emerged as the major segment in Hajj tourism with an approximate population rate of 44.8% in 2024. This age group enjoys financial stability that allows them to meet Hajj requirements; hence it is possible for them to undertake the journey.
Also, there is a possibility that established careers may provide opportunities for some people to go on such trips at their own convenience mainly during their holidays or vacation periods. Additionally, individuals in this stage of life may be driven by an increased desire for spiritual enrichment and deeper connection with their faith hence giving priority to the hajj experience.
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Saudi Arabia's hajj tourism sector witnesses increased competition. Other countries like Iran, Iraq, and Turkey, with large Muslim populations and important pilgrimage routes, may offer religious tourism alternatives centered on Islamic traditions. Nevertheless, these cities cannot imitate the essential rites performed in Mecca and Medina.
Competition takes place within Saudi Arabia Hajj service providers. Companies are trying to entice the pilgrims by providing good quality lodging, efficient transports and excellent customer service. Competition among these companies can help pilgrims to experience the latest in innovation, better services, and even lower prices.
With a spike in Muslim populations in regions like Southeast Asia and Africa, there is a good chance that the industry witness startups in during the period. Governments in these might give preference to infrastructure and services for their citizens in addition to Hajj so that the number of people traveling to Saudi Arabia for Hajj increases.
The companies like Mawasim and Al Bait Guests Pilgrim Services are adjusting their offers to the specific needs and wallets of pilgrims. This could be actualized through facilities for high-end range of accommodation, tours with emphasis on religious history, or programs for particular ethnic or linguistic groups.
Hajj Tourism Industry in Saudi Arabia Recent Developments
The Saudi Arabia hajj tourism industry is expanding at a CAGR of 7.20% between 2024 and 2034.
The package traveler segment dominates the industry.
Some companies are Flynn's Company LCC Accor KSA, Al Tala'a International Transportation Co. Limited, and Fly Dubai Saudi Arabia.
The Saudi Arabia hajj tourism industry is anticipated to surpass US$ 343.55 billion by 2034.
Saudi Arabia has strengthened its position in the tourism sector by topping the G20 in international tourist growth rate in 2023 compared to 2019.
1. Executive Summary
1.1. Saudi Arabia Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tour Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Tour Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Tour Type, 2024 to 2034
5.3.1. Domestic Tour
5.3.2. International Tour
5.4. Y-o-Y Growth Trend Analysis By Tour Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Tour Type, 2024 to 2034
6. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Consumer Orientation, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Consumer Orientation, 2024 to 2034
6.3.1. Men
6.3.2. Women
6.4. Y-o-Y Growth Trend Analysis By Consumer Orientation, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Consumer Orientation, 2024 to 2034
7. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tourist Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Tourist Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Tourist Type, 2024 to 2034
7.3.1. Independent Traveler
7.3.2. Tour Group
7.3.3. Package Traveler
7.4. Y-o-Y Growth Trend Analysis By Tourist Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Tourist Type, 2024 to 2034
8. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Age Group
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) Analysis By Age Group, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Age Group, 2024 to 2034
8.3.1. 26-35 Years
8.3.2. 36-45 Years
8.3.3. 46-55 Years
8.4. Y-o-Y Growth Trend Analysis By Age Group, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Age Group, 2024 to 2034
9. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
9.3.1. Al Baha
9.3.2. Al Jawf
9.3.3. Al Madinah
9.3.4. Aseer
9.3.5. Eastern province
9.3.6. Ha'il province
9.3.7. Saudi Arabia
9.4. Market Attractiveness Analysis By Region
10. Al Baha Market Analysis 2019 to 2023 and Forecast 2024 to 2034
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Tour Type
10.2.2. By Consumer Orientation
10.2.3. By Tourist Type
10.2.4. By Age Group
10.3. Market Attractiveness Analysis
10.3.1. By Tour Type
10.3.2. By Consumer Orientation
10.3.3. By Tourist Type
10.3.4. By Age Group
10.4. Key Takeaways
11. Al Jawf Market Analysis 2019 to 2023 and Forecast 2024 to 2034
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Tour Type
11.2.2. By Consumer Orientation
11.2.3. By Tourist Type
11.2.4. By Age Group
11.3. Market Attractiveness Analysis
11.3.1. By Tour Type
11.3.2. By Consumer Orientation
11.3.3. By Tourist Type
11.3.4. By Age Group
11.4. Key Takeaways
12. Al Madinah Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Tour Type
12.2.2. By Consumer Orientation
12.2.3. By Tourist Type
12.2.4. By Age Group
12.3. Market Attractiveness Analysis
12.3.1. By Tour Type
12.3.2. By Consumer Orientation
12.3.3. By Tourist Type
12.3.4. By Age Group
12.4. Key Takeaways
13. Aseer Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Tour Type
13.2.2. By Consumer Orientation
13.2.3. By Tourist Type
13.2.4. By Age Group
13.3. Market Attractiveness Analysis
13.3.1. By Tour Type
13.3.2. By Consumer Orientation
13.3.3. By Tourist Type
13.3.4. By Age Group
13.4. Key Takeaways
14. Eastern province Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Tour Type
14.2.2. By Consumer Orientation
14.2.3. By Tourist Type
14.2.4. By Age Group
14.3. Market Attractiveness Analysis
14.3.1. By Tour Type
14.3.2. By Consumer Orientation
14.3.3. By Tourist Type
14.3.4. By Age Group
14.4. Key Takeaways
15. Ha'il province Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Tour Type
15.2.2. By Consumer Orientation
15.2.3. By Tourist Type
15.2.4. By Age Group
15.3. Market Attractiveness Analysis
15.3.1. By Tour Type
15.3.2. By Consumer Orientation
15.3.3. By Tourist Type
15.3.4. By Age Group
15.4. Key Takeaways
16. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.2. By Tour Type
16.2.3. By Consumer Orientation
16.2.4. By Tourist Type
16.2.5. By Age Group
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Tour Type
16.3.3. By Consumer Orientation
16.3.4. By Tourist Type
16.3.5. By Age Group
16.4. Key Takeaways
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Tour Type
17.3.3. By Consumer Orientation
17.3.4. By Tourist Type
17.3.5. By Age Group
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Fly Dubai Saudi Arabia
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Flynn's Company LCC Accor KSA
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Al Tala'a International Transportation Co. Limited
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Al Tayyar Travel Group
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Zamil Travel
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Avis Saudi Arabia
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Zahid Travel Group
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Boudl Hotels & Resorts
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Wyndham Hotel Group Saudi Arabia
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Budget ‘Rent a Car’ Saudi Arabia
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Saudi Arabia Hajj Tourism Industry
