Top 15 Companies in Travel Agency Services Market 2025: Strategic Overview and Future Trends (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Travel Agency Services Market Size is projected to Grow from USD 450.2 Billion in 2024 to USD 1120.4 Billion by 2035, at a CAGR of 8.64% during the forecast period 2025–2035. The market for Travel Agency Services is growing demand due to digital transformation, customized travel experiences, growing emerging markets, sustainable tourism projects, strategic alliances, and using data analytics to improve operational effectiveness and consumer engagement.
Introduction
The organized segment of the travel and tourism business that makes it easier for individuals, organizations, and corporate clients to plan, book, and manage travel-related services is known as the "travel agency services market." Airline tickets, hotel reservations, rental car reservations, cruise reservations, travel insurance, visa assistance, and personalized tour packages are just a few of these services. Travel agencies serve as a middleman between service providers and passengers, providing value-added services, competitive pricing, and professional guidance. The travel agency services market includes digital platforms run by online travel agencies (OTAs) as well as conventional brick-and-mortar agencies. A significant contributing aspect is the increasing desire for personalized travel experiences. There is a growing trend among travelers to look for customized itineraries that address their particular interests, such as luxury, adventure, or family fun. The travel agency services market expansion is being driven by the growing number of foreign visitors and their foot traffic. The expanding disposable income of the middle class and their growing interest in eco-friendly travel strategies are driving travel agency services market.
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Travel Agency Services Market Size & Statistics
- The Market Size for Travel Agency Services Was estimated to be worth USD 450.2 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 8.64% between 2025 and 2035.
- The Global Travel Agency Services Market Size is anticipated to reach USD 1120.4 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the Travel Agency Services Market
- North America Pacific is expected to grow the fastest during the forecast period in the Travel Agency Services Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the Travel Agency Services market.
North America is a travel agency services market due to its developed tourism sector, strong infrastructure, and large number of inbound and outbound tourists. The region's robust economy enables significant investment in travel and tourism, including cutting-edge travel agency services that meet a variety of customer demands. A wide range of tourists are drawn to the region's varied sites, which range from tranquil countryside to busy cityscapes.
Asia Pacific is expected to generate the highest demand during the forecast period in the Travel Agency Services market.
The expansion of both domestic and international tourism, growing middle-class populations, rising disposable incomes, and increased internet penetration are the main drivers of the Asia-Pacific area. The market for travel agency services is expanding quickly in the Asia Pacific region due to factors like growing middle class, rising disposable incomes, and increased digitization. Travel, both domestically and outside, is booming in nations like China and India.
Top 10 Trends in the Travel Agency Services Market
- Customized Itineraries
- Experiential Tourism
- Green Travel
- Carbon Footprint Reduction
- AI-Powered Planning
- Automated Customer Service
- Streamlined Bookings
- Mobile Apps & Online Platforms
- Augmented & Virtual Reality (AR/VR)
- Smart Luggage & Gadgets
1. Customized Itineraries
Travelers seek unique, meaningful, and tailor-made experiences that cater to specific interests, like adventure, culture, or luxury.
2. Experiential Tourism
A shift from traditional sightseeing to more active, immersive, and hands-on experiences, such as wildlife safaris or cultural exchanges.
3. Green Travel
A growing demand for sustainable and eco-friendly travel options, with travelers looking for responsible destinations and practices.
4. Carbon Footprint Reduction
Companies are implementing strategies to reduce the carbon footprint of business travel and offering more sustainable options for travelers.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Travel Agency Services market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Travel Agency Services Market
- Booking Holdings
- Expedia Group
- American Express Global Business Travel
- BCD Travel
- Airbnb
- Flight Centre Travel Group
- CWT
- MakeMyTrip
- Trip.com
- Others
1. Booking Holdings
Headquarters: U.S.
Booking Holdings is the world's largest provider of online travel and related services, holding a significant leading position in the travel agency services market. The company, owner of brands like Booking.com, Priceline, and Kayak, achieves its market dominance by generating the highest revenue in the industry, with lodging being its most critical market segment.
2. Expedia Group
Headquarters: U.S.
Expedia Group is a major player in the travel agency services market, holding the position of the world's second-largest online travel agency (OTA) by bookings, operating a vast network of well-known brands such as Expedia, Hotels.com, Vrbo, and Trivago. The company facilitates global travel by providing technology and booking platforms for travelers and travel suppliers, focusing on lodging, air tickets, car rentals, cruises, and more. Expedia Group's revenue primarily comes from transaction fees on bookings and advertising, and it serves a global audience through its comprehensive online platform.
3. American Express Global business travel
Headquarters: U.S.
American Express Global Business Travel (Amex GBT) is a leading business-to-business (B2B) travel platform, offering a combination of technology and services to manage travel, expenses, and meetings for companies worldwide. As a major player in the travel agency services market, Amex GBT provides a comprehensive marketplace of travel content, integrated consulting services, and solutions for companies of all sizes to optimize their travel spending and manage corporate travel effectively.
4. BCD Travel
Headquarters: Netherlands
BCD Travel is a global leader in the business travel services market, offering comprehensive corporate travel management, meetings, and events services for companies of all sizes. Known for its high client retention rate and focus on technology, sustainability, and AI-driven solutions, BCD specializes in creating tailored travel programs that optimize savings, enhance compliance, and improve the overall traveler experience. The company serves clients in over 170 countries with a dedication to simplifying business travel through digital platforms and expert consultation.
Are you ready to discover more about the Travel Agency Services market?
The report provides an in-depth analysis of the leading companies operating in the global Travel Agency Services market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Booking Holdings
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Expedia Group
- American Express Global Business Travel
- BCD Travel
- Airbnb
- Flight Centre Travel Group
- CWT
- MakeMyTrip
- Trip.com
- Others
Conclusion
The Travel Agency Services Market Size is experiencing a significant shift, driven by a combination of technological advancements and evolving consumer preferences. The growing desire for personalized and experiential travel is a key catalyst, with travelers seeking unique, tailor-made itineraries that go beyond traditional sightseeing. This trend is bolstered by the rising demand for sustainable and eco-friendly tourism, as consumers become more conscious of their environmental impact. The market's growth is also being propelled by the increasing integration of AI-powered tools and digital platforms, which streamline the booking process, offer automated customer service, and provide customized recommendations. While the Asia Pacific region is generating the highest demand due to its expanding middle class and increasing tourism, North America is demonstrating the fastest growth, fueled by its robust economy and a tech-savvy consumer base. Overall, the market is transforming to meet the needs of a modern traveler who values convenience, unique experiences, and ethical practices.
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