China Outbound Tourism Market Forecast (1)

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China Outbound Tourism Market Forecast (1)

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Renub Research says The Chinese Outbound Tourism Market is a fast growing source market for most of the destinations; it is set to bloom in the coming future and leave its mark on a wider range of destinations. The thriving pace of growth is expected to continue. With increasing average income and a less restraining tourism policy, Chinese people are able to travel within and outside of their homeland. China has grown rapidly as a major source of outbound tourists and has become a key tourist market in the world in its Report China Outbound Tourism market and Forecast. As per our analysis; China Outbound Tourism market has crossed US$ 200 Billion mark in 2016 and will further grow with a CAGR of 20.3% from 2017-2022. The report provides the in-depth study of the Chinese outbound tourism market and forecast; segmented by Holiday/leisure, Visit Friends and Family (VFR), Business and others by visitors’ arrivals and spending. – PowerPoint PPT presentation

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Title: China Outbound Tourism Market Forecast (1)

1
China Outbound Tourism Market Forecast
Category Travel Tourism
2
China Outbound Tourism Market Forecast Analyst
View China Outbound Tourism market has crossed
US 200 Billion mark in 2016 and will further
grow with a CAGR of 20.3 from 2017-2022. Get
10 Free Customization in this Report Press
Release Title China Outbound Tourism market to
be more than US 200 Billion in 2016 For More
Information http//www.renub.com/china-outbound-t
ourism-market-to-be-more-than-us-200-billion-in-20
16-34-nd.php

3
China Outbound Tourism market will grow with a
CAGR of 20.3 from 2017-2022
Download full Report http//www.renub.com/china-o
utbound-tourism-market-outbound-tourists-visits-to
urists-market-spending-and-forecast-1085-p.php Re
nub Research says The Chinese Outbound Tourism
Market is a fast growing source market for most
of the destinations it is set to bloom in the
coming future and leave its mark on a wider range
of destinations. The thriving pace of growth is
expected to continue. With increasing average
income and a less restraining tourism policy,
Chinese people are able to travel within and
outside of their homeland. China has grown
rapidly as a major source of outbound tourists
and has become a key tourist market in the world
in its Report China Outbound Tourism market and
Forecast. As per our analysis China Outbound
Tourism market has crossed US 200 Billion mark
in 2016 and will further grow with a CAGR of
20.3 from 2017-2022.

4
Hong Kong holds the highest share in terms of
visitors and their expenses while visiting the
country
The report provides the in-depth study of the
Chinese outbound tourism market and forecast
segmented by Holiday/leisure, Visit Friends and
Family (VFR), Business and others by visitors
arrivals and spending. China outbound tourism
market Hong Kong holds the highest share in
terms of visitors and their expenses while
visiting the country. While in terms of Chinese
outbound visitor receipt United States stands at
second place. China Approved Destination Status
Countries According to China's National Tourism
Administration, it has granted 140 countries and
regions as approved destination status.
Currently, Chinese citizens have a tremendous
number of destination choices as they have more
than 140 destinations to choose where they want
to visit. Chinese Tourists- Nature of
Spending China continued to lead international
outbound tourism not only in visiting countries
but in terms of expenses also.

5
Around two-thirds of current outbound travelers
are millennials (15-35 years old).
Gift giving is a common act in the world, and
when it comes to Chinese culture, they not only
believe in the selection of gift item is
important, but how much they spend on it, how
they wrap it, and how they present it are equally
important. This nature of Chinese visitors
significantly influences the inbound receipt of
the country where the Chinese visits. Millennials
are desirable to endeavor the cultures which are
different from them and eager to explore the
world, leading to structural upside in fun
related experience based spending which includes
sports, travel, media and eating out. Around
two-thirds of current outbound travelers are
millennials (15-35 years old). The Report
Studies the China Outbound Tourism Market on the
basis of Top 10 Countries (2011 2022)

1.   Australia2.   Canada3.   Japan4.
South Korea5.   New Zealand6.
Singapore7.   Taiwan8.   Thailand9.
United States10.   Hong Kong
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Forecast for Chinese Outbound Tourists Market
(Spending) Share by Purpose (Percent ), 2017 -
2022

7
Contact us for China Outbound Tourism Market

Tourism Types (2011 2022)
   Holiday Tourists Arrivals Market
Visit Friends and Relatives (VFR) Arrivals
Market    Business (MICE) Arrivals
Market    Others Arrivals Market
Request a free sample copy of the report
http//www.renub.com/contactus.php
Table of Contents
1. Executive Summary
2. China Outbound Tourists, Tourists Share ()
Forecast
3. China Outbound Tourists Market, Tourists
Market Share () Forecast
Countries () China Outbound Tourists Share
Forecast
Countries () China Outbound Tourists Market
(Spending) Share