Rising Trend of Chinese Consumers towards Outbound Travelling Leads to Steady growth , Study by Mintel
No of Pages – N / A Publishing Date - December , 2016
Browse detailed TOC , Tables , Figures , and Charts in Global Serial Device Server Consumption 2016 Market Research Report at : http :// www . marketresearchhub . com / report / outbound-travel-china-december-2016-report . html
Market Research Hub has recently added the latest study by Mintel , titled “ Outbound Travel - China- December 2016 ” to its vast database . According to the study , in terms of outbound traveling , China has become the top tourist source nation among many countries such as Thailand , South Korea , Japan , Russia , Maldives and the United States . Also , some of the major factors including higher disposable income of China ’ s fast-emerging middle class , the growing public knowledge of Western cultures and the growing number of direct flights to foreign cities have all contributed to the affluent of the country ’ s independent outbound travel . Further , the China Outbound Traveling Industry Report also observes that Asia ’ s tourism has experienced tremendous growth in the past years , which was led by the rise in the number of outbound tourists from mainland China . Last year , around 31 million Chinese traveled out of the country . Mainly , they visited other Asian destinations like Thailand , Hong Kong , Macao , Singapore , Malaysia & South Korea , but approx . 2 million Chinese also traveled to Europe and that figure is set to rise year on year . According to the market segment analysis , NonHong Kong , Macau and Taiwan takes the future lead in terms of traveler ’ s visits . By 2020 , Europe can expect 13 million Chinese visitors annually . In the first half of 2016 , the female was the main force in outbound traveling . They accounted for around 58 %, up to 34.394 million .