China Online Travel Booking Service Market Size & Outlook
The online travel booking service market in China is expected to reach a projected revenue of US$ 84,763.5 million by 2030. A compound annual growth rate of 9.1% is expected of China online travel booking service market from 2022 to 2030.
- Consumer Services
- Specialty Consumer Services
- online travel booking service market report
- Specialty Consumer Services
Revenue, 2021 (US$M)
$38,709.5
Forecast, 2030 (US$M)
$84,763.5
CAGR, 2022 - 2030
9.1%
Report Coverage
China
China Online Travel Booking Service Market, 2017-2030 (US$M)
Global Market
Related Markets
Prism AI by Grand View ResearchFree to try
Ask a question about the online travel booking service market report market
Every figure cited from GVR research
China online travel booking service market highlights
- The China online travel booking service market generated a revenue of USD 38,709.5 million in 2021 and is expected to reach USD 84,763.5 million by 2030.
- The China market is expected to grow at a CAGR of 9.1% from 2022 to 2030.
- In terms of segment, transportation booking was the largest revenue generating service type in 2021.
- Accommodation Booking is the most lucrative service type segment registering the fastest growth during the forecast period.
Online travel booking service market data book summary
| Market revenue in 2021 | USD 38,709.5 million |
| Market revenue in 2030 | USD 84,763.5 million |
| Growth rate | 9.1% (CAGR from 2021 to 2030) |
| Largest segment | Transportation booking |
| Fastest growing segment | Accommodation Booking |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vacation Packages, Accommodation Booking, Transportation Booking |
| Key market players worldwide | Airbnb Inc Ordinary Shares - Class A, Expedia Group Inc, Booking Holdings Inc, Tripadvisor Inc, Trip.com Group Ltd, MakeMyTrip Ltd, Hostelworld Group PLC, Trivago NV ADR, Despegar.com Corp, Lastminute.com NV |
Other key industry trends
- In terms of revenue, China accounted for 7.5% of the global online travel booking service market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China online travel booking service market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 57,924.4 million by 2030.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Online Travel Booking Service Market Report
Online travel booking service market report segmentation & scope
Online Travel Booking Service Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Trivago NV ADR | View profile | 651 | Kesselstrasse 5 - 7, Dusseldorf, NW, Germany, 40221 | www.trivago.com |
| Airbnb Inc Ordinary Shares - Class A | View profile | 6,907 | 888 Brannan Street, San Francisco, CA, United States, 94103 | www.airbnb.com |
| Booking Holdings Inc | View profile | 23,600 | 800 Connecticut Avenue, Norwalk, CT, United States, 06854 | www.bookingholdings.com |
| Expedia Group Inc | View profile | 17,100 | 1111 Expedia Group Way W, Seattle, WA, United States, 98119 | www.expediagroup.com |
| MakeMyTrip Ltd | View profile | 4,090 | DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, India, 122002 | www.makemytrip.com |
| Trip.com Group Ltd | View profile | 36,249 | 968 Jin Zhong Road, Shanghai, China, People's Republic of, 200335 | www.ctrip.com |
| Tripadvisor Inc | View profile | 2,829 | 400 1st Avenue, Needham, MA, United States, 02494 | www.tripadvisor.com |
| Hostelworld Group PLC | View profile | 223 | Charlemont Street, Floor 3, Charlemont Exchange, Dublin, Ireland, D02 VN88 | www.hostelworldgroup.com |
| Despegar.com Corp | View profile | 4,593 | Juana Manso 1069, Floor 5, Buenos Aires, Argentina, C1107CBU | www.despegar.com |
| Lastminute.com NV | View profile | 1,722 | Rokin 92, Amsterdam, Netherlands, 1012 KZ | corporate.lastminute.com |
China online travel booking service market report
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Online Travel Booking Service Market Outlook will help companies and investors design strategic landscapes.
Transportation Booking was the largest segment with a revenue share of 53.39% in 2021.
Horizon Databook has segmented the China online travel booking service market based on vacation packages, accommodation booking, transportation booking covering the revenue growth of each sub-segment from 2017 to 2030.
- China Online Travel Booking Service Market Service Type Outlook (Revenue, USD Million , 2017-2030)
- Vacation Packages
- Accommodation Booking
- Transportation Booking
- Others
- China Online Travel Booking Service Market Booking Method Outlook (Revenue, USD Million , 2017-2030)
- Online Booking
- Direct Travel Agency
- China Online Travel Booking Service Market Device Outlook (Revenue, USD Million , 2017-2030)
- Desktop
- Mobile
Reasons to subscribe to online travel booking service market report databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of online travel booking service market report databook
- Our clientele includes a mix of online travel booking service market report companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China online travel booking service market report, including forecasts for subscribers. This country databook contains high-level insights into China online travel booking service market report from 2017 to 2030, including revenue numbers, major trends, and company profiles.
China Online Travel Booking Service Market, 2017-2030 (US$M)
China online travel booking service market report statistics, by service type, 2017-2030 (US$M)
