In recent years, the outbound tourism market in India has been experiencing remarkable growth and with an increase in disposable income and changing lifestyle preferences, Indian travelers are exploring various global destinations.
India's outbound tourism market value stood at US$21.6 billion in 2024 and is likely to reach US$61.7 billion by 2033.
India's outbound tourism market value is projected to grow at a CAGR of 12.3% during the forecast period of 2025-2033.
India Outbound Tourism Market Growth Drivers
One of the primary factors contributing to the expansion of India's outbound tourism market is the significant growth of the country's economy.
Rising GDP has led to enhanced purchasing power, allowing more Indians to travel abroad for leisure and business purposes. Competitive flight prices and better connectivity have also made international travel more accessible. As Indian society continues to evolve, so do the preferences of its travelers. There is a noticeable shift towards personalized travel experiences, cultural exploration, and adventure tourism.
Additionally, the influence of social media has played a pivotal role in inspiring wanderlust among younger generations, leading them to seek out unique travel experiences beyond domestic options. Technology has revolutionized how travelers plan and book their trips.
Online travel agencies and booking platforms have made it convenient for Indian travelers to explore overseas destinations and compare prices, leading to informed choices. Moreover, easy access to mobile applications and travel blogs has encouraged more people to opt for outbound travel, further contributing to the growth of the market.
India Outbound Tourism Market Synopsis
This new 2025 market report on India's outbound tourism market offers a wide-ranging analysis and overview of factors such as drivers, restraints, opportunities, demand, market size, insights, projections, and trends from 2022 to 2033. Furthermore, the report offers historical market information from 2022 to 2024 and projections up to 2033.