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Global Halal Tourism Market Size study, By Type (Domestic Tourism, International Tourism), By Application (Millennials, Senior Citizens, Female Segment, Families), By Purpose (Leisure, Business, Ramadan), By Budget (Luxury, Medium Budget, Low Budget), and Regional Forecasts 2022-2028

  • BIZ4983403
  • 200 Pages
  • July 2022
  • Consumer Goods
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Global Halal Tourism Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Halal Tourism also known as Halal travel or halal-friendly tourism refers to subcategory of tourism intended for Muslim travelers who abide by rules of islam. In halal tourism travel agents or service providers designs their tour packages follow rules of halal. Hotels in halal tourism category do not serve alcohol, features separate swimming pools and spa facilities for men and women, serve only halal foods, and offers prayer facilities for Muslims tourists in-room and in a common hall. The growing travel spending from Muslims around the world and growing emergence of Muslim friendly tour portals as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2019, Muslims around the world spent around USD 202 billion across food, pharmaceutical cosmetics, fashion, travel, and media/recreation sectors, and this amount is projected to grow to USD 240 billion by 2024. Furthermore, leading market players are coming up with innovative tour packages specially designed for Muslim tourism to capital the growing demand for Halal Tourism. For instance, in July 2019, Malaysian OTA HalalHoliday.com soft launched as a Muslim-targeted portal offering Umrah and holiday packages – including both inbound and outbound tours in more than 60 countries. The Umrah packages, would enable pilgrims to personalize their journey. Moreover, in May 2022, New York City's official marketing, tourism and partnership organization named NYC & Company, in partnership with the leading, halal-friendly travel authority Halal Trip/Crescent Rating launched a new centralised resource for locals and visitors, the Halal Travel Guide. It is the first-ever Halal Travel Guide released by a US tourism organisation, and would provide information of halal restaurants, Muslim history and art exhibitions across the five boroughs of New York City as well as sharing tips and advice from Muslim travel experts. Also, growing tourism sector in post covid era and increasing penetration of online booking channels are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Halal Tourism Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing tourism spending and increasing penetration of halal friendly tour packages in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing emergence of Muslim friendly hotels and rising travel spending in post covid era, would create lucrative growth prospects for the global Halal Tourism Market across the Asia Pacific region.

Major market players included in this report are:

Halaltours.org

Carisa travel group

Rooh Travel Limited

HalalBooking Ltd.

Halal Safaris

Halal Trip India

Hello Travel Pte Ltd

Islamic Travel

Rihaala

Tripfez Travel

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 Type

Domestic Tourism

International Tourism

By Application

Millennials

Senior Citizens

Female Segment

Families

By Purpose

Leisure

Business

Ramadan

By Budget

Luxury

Medium Budget

Low Budget

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

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Halal Tourism Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Halal Tourism Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Halal Tourism Market, by Type, 2020-2028 (USD Million)

1.2.3. Global Halal Tourism Market, by Application, 2020-2028 (USD Million)

1.2.4. Global Halal Tourism Market, by Purpose, 2020-2028 (USD Million)

1.2.5. Global Halal Tourism Market, by Budget, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Halal Tourism Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Halal Tourism Market Dynamics

3.1. Halal Tourism Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rising travel spending from Muslims around the world.

3.1.1.2. Growing emergence of Muslim friendly tour portals

3.1.1.3. Recent strategic initiatives from leading market players.

3.1.2. Market Challenges

3.1.2.1. Lack of penetration in developing regions.

3.1.3. Market Opportunities

3.1.3.1. Growing tourism sector in post covid era.

3.1.3.2. Increasing penetration of online booking channels.

Chapter 4. Global Halal Tourism Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Halal Tourism Market, by Type

6.1. Market Snapshot

6.2. Global Halal Tourism Market by Type, Performance - Potential Analysis

6.3. Global Halal Tourism Market Estimates & Forecasts by Type 2018-2028 (USD Million)

6.4. Halal Tourism Market, Sub Segment Analysis

6.4.1. Domestic Tourism

6.4.2. International Tourism

Chapter 7. Global Halal Tourism Market, by Application

7.1. Market Snapshot

7.2. Global Halal Tourism Market by Application, Performance - Potential Analysis

7.3. Global Halal Tourism Market Estimates & Forecasts by Application 2018-2028 (USD Million)

7.4. Halal Tourism Market, Sub Segment Analysis

7.4.1. Millennials

7.4.2. Senior Citizens

7.4.3. Female Segment

7.4.4. Families

Chapter 8. Global Halal Tourism Market, by Purpose

8.1. Market Snapshot

8.2. Global Halal Tourism Market by Purpose, Performance - Potential Analysis

8.3. Global Halal Tourism Market Estimates & Forecasts by Purpose 2018-2028 (USD Million)

8.4. Halal Tourism Market, Sub Segment Analysis

8.4.1. Leisure

8.4.2. Business

8.4.3. Ramadan

Chapter 9. Global Halal Tourism Market, by Budget

9.1. Market Snapshot

9.2. Global Halal Tourism Market by Budget, Performance - Potential Analysis

9.3. Global Halal Tourism Market Estimates & Forecasts by Budget 2018-2028 (USD Million)

9.4. Halal Tourism Market, Sub Segment Analysis

9.4.1. Luxury

9.4.2. Medium Budget

9.4.3. Low Budget

Chapter 10. Global Halal Tourism Market, Regional Analysis

10.1. Halal Tourism Market, Regional Market Snapshot

10.2. North America Halal Tourism Market

10.2.1. U.S. Halal Tourism Market

10.2.1.1. Type estimates & forecasts, 2018-2028

10.2.1.2. Application estimates & forecasts, 2018-2028

10.2.1.3. Purpose estimates & forecasts, 2018-2028

10.2.1.4. Budget estimates & forecasts, 2018-2028

10.2.2. Canada Halal Tourism Market

10.3. Europe Halal Tourism Market Snapshot

10.3.1. U.K. Halal Tourism Market

10.3.2. Germany Halal Tourism Market

10.3.3. France Halal Tourism Market

10.3.4. Spain Halal Tourism Market

10.3.5. Italy Halal Tourism Market

10.3.6. Rest of Europe Halal Tourism Market

10.4. Asia-Pacific Halal Tourism Market Snapshot

10.4.1. China Halal Tourism Market

10.4.2. India Halal Tourism Market

10.4.3. Japan Halal Tourism Market

10.4.4. Australia Halal Tourism Market

10.4.5. South Korea Halal Tourism Market

10.4.6. Rest of Asia Pacific Halal Tourism Market

10.5. Latin America Halal Tourism Market Snapshot

10.5.1. Brazil Halal Tourism Market

10.5.2. Mexico Halal Tourism Market

10.6. Rest of The World Halal Tourism Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Halaltours.org

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Carisa travel group

11.2.3. Rooh Travel Limited

11.2.4. HalalBooking Ltd.

11.2.5. Halal Safaris

11.2.6. Halal Trip India

11.2.7. Hello Travel Pte Ltd

11.2.8. Islamic Travel

11.2.9. Rihaala

11.2.10. Tripfez Travel

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Halal Tourism Market, report scope

TABLE 2. Global Halal Tourism Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Halal Tourism Market estimates & forecasts by Type 2018-2028 (USD Million)

TABLE 4. Global Halal Tourism Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Halal Tourism Market estimates & forecasts by Purpose 2018-2028 (USD Million)

TABLE 6. Global Halal Tourism Market estimates & forecasts by Budget 2018-2028 (USD Million)

TABLE 7. Global Halal Tourism Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Halal Tourism Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Halal Tourism Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Halal Tourism Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Halal Tourism Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Halal Tourism Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Halal Tourism Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Halal Tourism Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Halal Tourism Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. Global Halal Tourism Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. U.S. Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. U.S. Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. Canada Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. Canada Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. UK Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. UK Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. Germany Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. Germany Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. RoE Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. RoE Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. China Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. China Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. India Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. India Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. Japan Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. Japan Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. RoAPAC Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. RoAPAC Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Brazil Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Brazil Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. Mexico Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. Mexico Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. RoLA Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. RoLA Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Halal Tourism Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 54. Row Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. Row Halal Tourism Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 56. List of secondary sources, used in the study of global Halal Tourism Market

TABLE 57. List of primary sources, used in the study of global Halal Tourism Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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