Latin America Business Travel Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32 - PowerPoint PPT Presentation

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Latin America Business Travel Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

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According to the latest research report by IMARC Group, The Latin America business travel market size reached US$ 47.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 82.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Latin America Business Travel Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32


1
Latin America Business Travel Market Research and
Forecast Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Latin America Business Travel Market
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2024-2032," the Latin America
    business travel market size reached US 47.6
    Billion in 2023.
  • Business travel, also known as corporate travel,
    refers to domestic or international travel
    undertaken by employees and executives of a
    company explicitly for work or business purposes.
    It is generally set up either by in-house travel
    departments or external service providers and is
    paid for by the company.
  • It involves traveling to different locations or
    branches of the organization to meet with
    suppliers and buyers and for business conferences
    and events. It assists in business expansion and
    improving business prospects. In recent years,
    business travel has gained immense popularity
    among enterprises for brand and product
    promotion, client meetings, new market
    assessments, project site evaluations, and
    employee training programs.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/latin-america-business-
    travel-market/requestsample

4
Report Description
  • Latin America Business Travel Market Trends
  • In Latin America, the rising business activities
    and rapid globalization represent the primary
    factors driving the market growth. Besides this,
    the revitalization of the economy in the region
    is another major growth-inducing factor.
    Additionally, with the escalating demand for
    international routes, there has been a
    significant increase in air traffic and revenue
    passenger kilometers (RPKs). In line with this,
    the growing popularity of low-cost carriers
    (LCCs) in various countries, such as Colombia,
    Peru, Argentina, and Chile, has accelerated
    product adoption rates. Furthermore, several
    corporate organizations are collaborating with
    leading travel companies to provide customized
    collaborative spaces and team-building exercises.
    Along with this, the surging penetration of the
    Internet of Things (IoT) and virtual reality (VR)
    technology that facilitates process automation
    and smooth operations for travelers and travel
    operators has catalyzed market growth. Apart from
    this, the emerging trend of Bleisure travel that
    incorporates the elements of business and
    pleasure, and offers leisure or recreational
    activities to relieve stress and enhance work
    efficiency is positively influencing the market
    growth. Other factors, including the expanding
    travel and tourism industry, increasing
    digitization in the corporate sector, rising
    number of small and medium enterprises (SMEs),
    and technological advancements, are also
    providing a positive thrust to the market growth.
  • Looking forward, IMARC Group expects the market
    value to reach US 82.9 Billion by 2032, growing
    at a CAGR of 6.2 during 2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/latin-america-business-
    travel-market

5
Report Segmentation
  • Breakup by Type
  • Managed Business Travel
  • Unmanaged Business Travel
  •  
  • Breakup by Purpose Type
  • Marketing
  • Internal Meetings
  • Trade Shows
  • Product Launch
  • Others
  • Breakup by Expenditure
  • Travel Fare
  • Lodging
  • Dining
  • Others

6
Report Segmentation
  • Breakup by Age Group
  • Travelers Below 40 Years
  • Travelers Above 40 Years
  • Breakup by Service Type
  • Transportation
  • Food and Lodging
  • Recreational Activities
  • Others
  • Breakup by Travel Type
  • Group Travel
  • Solo Travel

7
Report Segmentation
  • Breakup by End User
  • Government
  • Corporate
  • Others
  • Breakup by Country
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Latin America Business
    Travel Market    5.1    Market Overview    5.2
       Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Type
  • 6.1 Managed Business Travel
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Unmanaged Business Travel
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 7 Market Breakup by Purpose Type
  • 7.1 Marketing
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast       

11
Table of Contents
  • 7.2 Internal Meetings
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Trade Shows
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Product Launch
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
  • 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
  • 8 Market Breakup by Expenditure
  • 8.1 Travel Fare
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Lodging
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

12
Partial List of Clients
13
Partial List of Clients
14
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

15
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