New Consumer Goods research report from Euromonitor International is now available from Fast Market Research

Boston, MA -- (SBWire) -- 10/20/2014 --Tourism flows outbound continued to rise in 2013 up 7%, an increase from the 6% growth experienced in 2012. This growth occurred despite a depreciation of the Australian dollar, which had the effect of making outbound travel more expensive. Those destinations that have driven this continued growth are those that continue to be affordable to Australian holidaymakers, whether because of the expansion of low cost carrier airlines (Singapore, Malaysia), because poor economic conditions at the destination have resulted in inexpensive travel packages (Greece, Italy) or because they are an inherently affordable destination regardless of the exchange rate (Cambodia).

View Full Report Details and Table of Contents

Industry Prospects

Having soared with a CAGR of 9% over 2008-2013, outbound travel is likely to be somewhat more restrained over the forecast period. Much of the growth in outbound travel in recent years has been due to two factors: the high Australian dollar, which has made it more affordable for Australians to go on an overseas holiday, and the mining boom, which has provided Australian mining workers with the funds to spend much of their leisure time in Bali, Indonesia. With the Australian dollar likely to remain below parity with the US dollar over the forecast period, and with the mining boom having peaked, both factors are likely to fade, and growth of outbound departures will slow considerably over the forecast period, with a CAGR of only 4%.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Outbound industry in Australia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourism Flows Outbound industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourism Flows Outbound in Australia market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Tourism Flows Outbound in Australia?
- How big is outbound travel in terms of departures and spending?
- Which international destinations are the most popular?
- What are main methods of transport for travelling abroad?

Reasons to Get this Report:

- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 800-844-8156

Browse all Consumer Goods research reports at Fast Market Research

You may also be interested in these related reports:

- Tourism Flows Outbound in Turkey
- Tourism Flows Outbound in Finland
- Tourism Flows Outbound in Poland
- Tourism Flows Outbound in Denmark
- Tourism Flows Outbound in Taiwan
- Tourism Flows Outbound in Chile
- Tourism Flows Outbound in Peru
- Tourism Flows Outbound in China
- Tourism Flows Outbound in the Netherlands
- Tourism Flows Outbound in Slovakia