Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Europe Business Travel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Europe business travel market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Business travel refers to a journey that is undertaken for work. It is paid for by the companies and organizations and is set up either by in-house travel departments or external service providers. It includes various services, such as source and procurement, planning and booking, account management, and measuring and reporting. Business travel also offers the opportunity of generating mass saving through the process of negotiated discounts.

The Europe business travel market is primarily driven by the improving economic conditions in the region, which is increasing the demand for domestic and international business travel. With the demand exceeding the supply and consolidation reducing competitive pressure, short-haul prices are witnessing significant increases, while the much smaller long-haul sector is experiencing moderate price gains. Besides this, with the expanding European travel network, travelers are shifting their focus from product improvement to enhancing the customer experience. Furthermore, globalization has increased business activities in industries like healthcare and pharmaceuticals and manufacturing, which is resulting in the rapid rise of inter-regional operations.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe business travel market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, purpose type, expenditure, age group, service type, travel type and end user.

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
     

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
     

Breakup by End User:

  • Government
  • Corporate
  • Others
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Purpose Type, Expenditure, Age Group, Service Type, Travel Type, End User, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the Europe business travel market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Europe business travel market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the purpose type?
  • What is the breakup of the market based on the expenditure?
  • What is the breakup of the market based on the age group?
  • What is the breakup of the market based on the service type?
  • What is the breakup of the market based on the travel type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Europe business travel market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   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 Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Europe 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
    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
    8.3    Dining
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Age Group
    9.1    Travelers Below 40 Years
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Travelers Above 40 Years
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by Service Type
    10.1    Transportation
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Food and Lodging
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Recreational Activities
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Others
        10.4.1 Market Trends
        10.4.2 Market Forecast
11  Market Breakup by Travel Type
    11.1    Group Travel
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Solo Travel
        11.2.1 Market Trends
        11.2.2 Market Forecast
12  Market Breakup by End User
    12.1    Government
        12.1.1 Market Trends
        12.1.2 Market Forecast
    12.2    Corporate
        12.2.1 Market Trends
        12.2.2 Market Forecast
    12.3    Others
        12.3.1 Market Trends
        12.3.2 Market Forecast
13  Market Breakup by Country
    13.1    Germany
        13.1.1 Market Trends
        13.1.2 Market Breakup by Type
        13.1.3 Market Breakup by Purpose Type
        13.1.4 Market Breakup by Expenditure
        13.1.5 Market Breakup by Age Group
        13.1.6 Market Breakup by Service Type
        13.1.7 Market Breakup by Travel Type
        13.1.8 Market Breakup by End User
        13.1.9 Market Forecast
    13.2    France
        13.2.1 Market Trends
        13.2.2 Market Breakup by Type
        13.2.3 Market Breakup by Purpose Type
        13.2.4 Market Breakup by Expenditure
        13.2.5 Market Breakup by Age Group
        13.2.6 Market Breakup by Service Type
        13.2.7 Market Breakup by Travel Type
        13.2.8 Market Breakup by End User
        13.2.9 Market Forecast
    13.3    United Kingdom
        13.3.1 Market Trends
        13.3.2 Market Breakup by Type
        13.3.3 Market Breakup by Purpose Type
        13.3.4 Market Breakup by Expenditure
        13.3.5 Market Breakup by Age Group
        13.3.6 Market Breakup by Service Type
        13.3.7 Market Breakup by Travel Type
        13.3.8 Market Breakup by End User
        13.3.9 Market Forecast
    13.4    Italy
        13.4.1 Market Trends
        13.4.2 Market Breakup by Type
        13.4.3 Market Breakup by Purpose Type
        13.4.4 Market Breakup by Expenditure
        13.4.5 Market Breakup by Age Group
        13.4.6 Market Breakup by Service Type
        13.4.7 Market Breakup by Travel Type
        13.4.8 Market Breakup by End User
        13.4.9 Market Forecast
    13.5    Spain
        13.5.1 Market Trends
        13.5.2 Market Breakup by Type
        13.5.3 Market Breakup by Purpose Type
        13.5.4 Market Breakup by Expenditure
        13.5.5 Market Breakup by Age Group
        13.5.6 Market Breakup by Service Type
        13.5.7 Market Breakup by Travel Type
        13.5.8 Market Breakup by End User
        13.5.9 Market Forecast
    13.6    Others
        13.6.1 Market Trends
        13.6.2 Market Breakup by Type
        13.6.3 Market Breakup by Purpose Type
        13.6.4 Market Breakup by Expenditure
        13.6.5 Market Breakup by Age Group
        13.6.6 Market Breakup by Service Type
        13.6.7 Market Breakup by Travel Type
        13.6.8 Market Breakup by End User
        13.6.9 Market Forecast
14  SWOT Analysis
    14.1    Overview
    14.2    Strengths
    14.3    Weaknesses
    14.4    Opportunities
    14.5    Threats
15  Value Chain Analysis
16  Porters Five Forces Analysis

    16.1    Overview
    16.2    Bargaining Power of Buyers
    16.3    Bargaining Power of Suppliers
    16.4    Degree of Competition
    16.5    Threat of New Entrants
    16.6    Threat of Substitutes
17  Price Analysis
18  Policy and Regulatory Landscape
19  Competitive Landscape

    19.1    Market Structure
    19.2    Key Players
    19.3    Profiles of Key Players

List of Figures

Figure 1: Europe: Business Travel Market: Major Drivers and Challenges
Figure 2: Europe: Business Travel Market: Sales Value (in Million US$), 2016-2021
Figure 3: Europe: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Europe: Business Travel Market: Breakup by Type (in %), 2021
Figure 5: Europe: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 6: Europe: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 7: Europe: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 8: Europe: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 9: Europe: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 10: Europe: Business Travel Market: Breakup by End User (in %), 2021
Figure 11: Europe: Business Travel Market: Breakup by Country (in %), 2021
Figure 12: Europe: Business Travel (Managed Business Travel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Europe: Business Travel (Managed Business Travel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Europe: Business Travel (Unmanaged Business Travel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Europe: Business Travel (Unmanaged Business Travel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Europe: Business Travel (Marketing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Europe: Business Travel (Marketing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Europe: Business Travel (Internal Meetings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Europe: Business Travel (Internal Meetings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Europe: Business Travel (Trade Shows) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Europe: Business Travel (Trade Shows) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Europe: Business Travel (Product Launch) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Europe: Business Travel (Product Launch) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Europe: Business Travel (Other Purpose Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Europe: Business Travel (Other Purpose Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Europe: Business Travel (Travel Fare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Europe: Business Travel (Travel Fare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Europe: Business Travel (Lodging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Europe: Business Travel (Lodging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Europe: Business Travel (Dining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Europe: Business Travel (Dining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Europe: Business Travel (Other Expenditures) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Europe: Business Travel (Other Expenditures) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Europe: Business Travel (Travelers Below 40 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Europe: Business Travel (Travelers Below 40 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Europe: Business Travel (Travelers Above 40 Years) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Europe: Business Travel (Travelers Above 40 Years) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Europe: Business Travel (Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Europe: Business Travel (Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Europe: Business Travel (Food and Lodging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Europe: Business Travel (Food and Lodging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Europe: Business Travel (Recreational Activities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Europe: Business Travel (Recreational Activities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Business Travel (Other Service Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Business Travel (Other Service Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Europe: Business Travel (Group Travel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Europe: Business Travel (Group Travel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: Business Travel (Solo Travel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: Business Travel (Solo Travel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Business Travel (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Business Travel (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Business Travel (Corporate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Business Travel (Corporate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Business Travel (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Business Travel (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Business Travel Market: Breakup by Type (in %), 2021
Figure 58: Germany: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 59: Germany: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 60: Germany: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 61: Germany: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 62: Germany: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 63: Germany: Business Travel Market: Breakup by End User (in %), 2021
Figure 64: Germany: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Business Travel Market: Breakup by Type (in %), 2021
Figure 67: France: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 68: France: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 69: France: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 70: France: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 71: France: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 72: France: Business Travel Market: Breakup by End User (in %), 2021
Figure 73: France: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: United Kingdom: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: United Kingdom: Business Travel Market: Breakup by Type (in %), 2021
Figure 76: United Kingdom: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 77: United Kingdom: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 78: United Kingdom: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 79: United Kingdom: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 80: United Kingdom: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 81: United Kingdom: Business Travel Market: Breakup by End User (in %), 2021
Figure 82: United Kingdom: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Italy: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Italy: Business Travel Market: Breakup by Type (in %), 2021
Figure 85: Italy: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 86: Italy: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 87: Italy: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 88: Italy: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 89: Italy: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 90: Italy: Business Travel Market: Breakup by End User (in %), 2021
Figure 91: Italy: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Spain: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Spain: Business Travel Market: Breakup by Type (in %), 2021
Figure 94: Spain: Business Travel Market: Breakup by Purpose Type (in %), 2021
Figure 95: Spain: Business Travel Market: Breakup by Expenditure (in %), 2021
Figure 96: Spain: Business Travel Market: Breakup by Age Group (in %), 2021
Figure 97: Spain: Business Travel Market: Breakup by Service Type (in %), 2021
Figure 98: Spain: Business Travel Market: Breakup by Travel Type (in %), 2021
Figure 99: Spain: Business Travel Market: Breakup by End User (in %), 2021
Figure 100: Spain: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 101: Others: Business Travel Market: Sales Value (in Million US$), 2016 & 2021
Figure 102: Others: Business Travel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 103: Europe: Business Travel Industry: SWOT Analysis
Figure 104: Europe: Business Travel Industry: Value Chain Analysis
Figure 105: Europe: Business Travel Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Europe: Business Travel Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Business Travel Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Europe: Business Travel Market Forecast: Breakup by Purpose Type (in Million US$), 2022-2027
Table 4: Europe: Business Travel Market Forecast: Breakup by Expenditure (in Million US$), 2022-2027
Table 5: Europe: Business Travel Market Forecast: Breakup by Age Group (in Million US$), 2022-2027
Table 6: Europe: Business Travel Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 7: Europe: Business Travel Market Forecast: Breakup by Travel Type (in Million US$), 2022-2027
Table 8: Europe: Business Travel Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 9: Europe: Business Travel Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 10: Europe: Business Travel Market: Competitive Structure
Table 11: Europe: Business Travel Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2699

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links