Muslim Travel Market | Hajj & Umrah Market | Trends & Opportunities
The Muslim Travel market is one of the fastest growing segments in the tourism sector, with contribution to the global tourism economy expected to jump 35% to US$300 Billion by 2026. This growth is largely being fueled by the massive rise in travel among Muslim Millennials which is expected to be a US$100 Billion market in itself by 2025!
Another segment that’s expected to grow tremendously is Hajj and Umrah. With the Saudi Government investing heavily in religious tourism to boost the kingdom’s non-oil revenues by 2030, Hajj and Umrah are expected to become a massive source of income for the country.
We prepared the following infographic to illustrate the size of the Muslim market along with the key trends and opportunities that tourism firms should be aware of to be able to tap this huge market.