Online Travel Agency Market to See Stunning Growth : MakeMyTrip, Mafengwo, Lvmama
Online Travel Agency Market To See Stunning Growth
Edison, NJ -- (SBWire) -- 06/08/2021 --HTF Market Intelligence added research publication document on Global Online Travel Agency(OTA) Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Online Travel Agency(OTA) market. The study provides valuable market size data for historical (Volume** & Value) from 2016 to 2020 which is estimated and forecasted till 2026*. Some are the key & emerging players that are part of coverage and have being profiled are Elong, MakeMyTrip, Mafengwo, Lvmama, Tongcheng, E-traveltogo, TBO, Fliggy, Priceline, Airbnb, Ctrip, Booking, Expedia, Tuniu & Qunar.
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1. External Factor Analysis
An external analysis looks at the wider business environment that affects the business. This industry assessment covers all the factors that are outside the control. It includes both the micro and macro environmental factors.
MACRO ENVIRONMENT: In-depth coverage on Factors such governmental laws, social construct and cultural norms, environmental conditions, economic, and technology.
MICRO ENVIRONMENT: Factors highlighting the rivalry of the competition.
2. Growth & Margins
Players that are having stellar growth track record is a must see view in the study that Analyst have covered. From 2014 to 2019, some of the company have shown enormous sales figures, with net income going doubled in that period with operating as well as gross margins constantly expanding. The rise of gross margins over past few years directs strong pricing power of the competitive companies in the industry for its products or offering, over and above the increase in the cost of goods sold.
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3. Ambitious growth plans & rising competition?
Industry players are planning to introduce new products launch into various markets around the globe considering applications / end use such as Vacation, Hotel, Travel & Others. Examining some latest innovative products that are vital and may be introduced in EMEA markets in last quarter 2020. Considering all round development activities of Elong, MakeMyTrip, Mafengwo, Lvmama, Tongcheng, E-traveltogo, TBO, Fliggy, Priceline, Airbnb, Ctrip, Booking, Expedia, Tuniu & Qunar, some players profiles are worth attention seeking.
4. Where the Online Travel Agency(OTA) Industry is today
Though latest year might not be that encouraging as market segments especially , B2B & B2C have shown modest gains, growth scenario could have been changed if Elong, MakeMyTrip, Mafengwo, Lvmama, Tongcheng, E-traveltogo, TBO, Fliggy, Priceline, Airbnb, Ctrip, Booking, Expedia, Tuniu & Qunar would have plan ambitious move earlier. Unlike past, but decent valuation and emerging investment cycle to progress in the North America (Covered in Chapter 9), United States, Canada, Mexico, Europe (Covered in Chapter 10), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 11), China, Japan, South Korea, Australia, India, South America (Covered in Chapter 12), Brazil, Argentina, Columbia, Middle East and Africa (Covered in Chapter 13), UAE, Egypt & South Africa., many growth opportunities ahead for the companies in 2020, it looks descent today but stronger returns would be expected beyond.
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Insights that Study is offering :
- Market Revenue splits by most promising business segments. [By Type (, B2B & B2C), By Application (Vacation, Hotel, Travel & Others) and any other business Segment if applicable within scope of report]
- Market Share & Sales Revenue by Key Players & Local Emerging Regional Players. [Some of the players covered in the study are Elong, MakeMyTrip, Mafengwo, Lvmama, Tongcheng, E-traveltogo, TBO, Fliggy, Priceline, Airbnb, Ctrip, Booking, Expedia, Tuniu & Qunar]
- A separate section on Entropy to gain useful insights on leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Development Activity Including seed funding]
- Competitive Analysis: Company profile of listed players with separate SWOT Analysis, Overview, Product/Services Specification, Headquarter, Downstream Buyers and Upstream Suppliers.
- Gap Analysis by Region. Country break-up will help you dig out Trends and opportunity lying in specific territory of your business interest.
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