Summary
Brazil is rich in natural heritage and vast biodiversity. However, the country’s tourist potential is affected by weaknesses in societal safety, infrastructure, and labor, among other factors. Though fluctuations in its local currency negatively affected outbound tourism, it led to growth in inbound tourism, which contributes significantly to the total travel and tourism of the country.
The country’s inbound tourism expenditure increased at a CAGR of 1.8%, from US$6,858.4 million in 2012 to US$7,357.8 million in 2016, and is expected to rise at a CAGR of 2.2%, from US$8,132.4 million in 2017 to US$8,886.6 million in 2021. Growth in tourist numbers was driven by the 2016 Rio Olympics, along with the depreciation of the local currency (Brazilian Real).
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Key Highlights
Growing investments in the hotel industry to drive hotel revenue over the forecast period (2017-2021)
The total revenue from hotels declined at a CAGR of -11.8% over 2012-2016, from US$18.6 billion in 2012 to US$11.2 billion in 2016. The decline is attributed to the depreciation of the Brazilian Real, which affected the hotel industry’s profit margins. However, it is forecast to increase at a CAGR of 2.1%, from US$12.1 billion in 2017 to US$13.1 billion in 2021 due to increase investments in the industry.
Increasing demand to foster revenue growth
Full service airlines accounted for the majority of revenue and will be the main revenue generator during the forecast period. Though revenue in this segment declined at a CAGR of -8.2% over the review period, from US$8,611.8 million in 2012 to US$6,125.2 million in 2016, it is forecast to increase at a CAGR of 6.2%, from US$6,858.5 million in 2017 to US$8,716.7 million in 2021.
The car rental fleet size is expected to witness strong growth
The overall car rental fleet size increased at a CAGR of 5.1%, from 198,875 in 2012 to 242,246 in 2016, and is forecast to increase at a CAGR of 2.9%, from 250,612 in 2017 to 281,380 in 2021. This is mainly due to international sports events such as the 2014 FIFA World Cup and 2016 Olympic Games, which increased the volumes of both leisure and business tourists.
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Scope
- Risk & Reward Index - The Risk & Reward index compares the position of the Brazilian travel and tourism industry with regards to other countries in the region in terms of specific risk and reward parameters.
- Industry Snapshot and Industry View - Key travel and tourism industry statistics, including total revenue and expenditure for key industry segments and the trends driving market performance in the Brazilian travel and tourism market.
- Industry SWOT Analysis - Discover the Strengths, Weaknesses, Opportunities and Threats impacting market performance and investment in the Brazilian travel and tourism market.
- Industry Benchmarking - Benchmark how the Brazilian travel and tourism market is performing compared to regional and global markets in terms of car rental fleet size, car rental revenue, number of hotels, hotel revenue, passenger airline revenue, seats available and seats sold, revenue of travel intermediaries, and tourism expenditure growth.
- Competitive Landscape - Overview of relevant players in the Brazilian travel and tourism industry such as airlines, hotels and car rental companies, with each player in the relevant category compared with its peers in terms of relevant industry indicators.
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Reasons to buy
- How is the market performing in terms of indicators such as total tourist visits, passenger airline seats sold, seats sold by purpose of visit such as leisure, revenue, room nights available, room nights occupied, hotel revenue, car rental days among others.
- How risky is it to invest in the Brazil travel and tourism industry compared to other countries in the South and Central America?
- What is driving the performance of key industry segments such as passenger airlines, accommodation and car rentals?
- Who are the leading players in the Brazil travel and tourism industry and their overview and product portfolio?
- What trends are being witnessed within the Brazil travel and tourism industry?
- What are the Brazil travel and tourism industry’s Strengths and Weaknesses and what Opportunities and Threats does it face?
- What are the recent developments and innovations in the Brazil travel and tourism industry?
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Nigeria is expected to witness strong growth in terms of domestic trips, as total tourist volumes reached 38.8 million in 2016 and are expected to reach 55.4 million by 2021.Domestic trips accounted for 93.7% of the total tourist volumes in 2016 and increased at a CAGR of 12.7% over 2012-2016.
Conversely, international arrivals declined at a CAGR of -1.5%, from 0.83 million in 2012 to 0.78 million in 2016.MarketLine Premium’s industry reports provide a comprehensive market view including sections on: risk and reward, key industry trends and drivers, industry SWOT analysis, industry benchmarking to compare key performance indicators with regional and global markets, competitive landscape and key developments.Get Sample for this report: http://orbisresearch.com/contacts/request-sample/2046711 .Key HighlightsGovernment initiatives to foster increase in domestic tripsTotal tourist volumes increased at a CAGR of 12.0%, from 24.7 million in 2012 to 38.8 million in 2016.
Tourist volumes are expected to increase at a CAGR of 7.4%, from 41.7 million in 2017 to 55.4 million in 2021.
Domestic tourist volumes increased at a CAGR of 12.7%, from 22.5 million in 2012 to 36.4 million in 2016, and is expected to increase at a CAGR of 7.4%, from 39.1 million in 2017 to 52.0 million in 2021.
This will be supported by the government’s initiatives, including the launch of the Tour Nigeria brand and the implementation of the country’s CHIEF strategy.Competition led the decline in revenue per available roomTotal revenue per available room witnessed a CAGR of -5.9%, from US$196.7 in 2012 to US$154.4 in 2016, and is forecast to post a CAGR of -11.9%, from US$136.9 in 2017 to US$82.5 in 2021.
Currency and foreign exchange issues led to a declineIn 2016, passenger airlines revenue declined by -20.1%, from US$1,515.4 million in 2015 to US$1,210.5 million in 2016.
Natural gas has become a popular energy source.
It is cheaper and more environmentally friendly than many other sources.
Gas is measured in cubic feet while oil is measured in barrels (gallons or liters).
To ease a company’s communication to investors, management and analysts of the amount of gas and/or oil they have produced or have available it is easier to work with one unit.
If the MMCF numbers also become too large to easily deal and calculate with they can be converted to BCF (a billion cubic feet) which would take the average daily production to an approximate 0.02 – 0.03 BCF.Oil, other than gas, is measure in BOE (barrels of oil equivalent).
BOE basically refers to the amount of energy that is released when you burn one barrel of crude oil.
As the dominating consumers are now Gen Z, it has become indispensable for brands to become more transparent and adopt practices that promote ethical decisions.
While the pandemic undeniably had a global impact, there were only a few that could bear the hit.
One of them is the apparel sector that, for some time, had to deal with the financial and emotional loss and still has the endurance to bounce back.
And digital technology provided that strength to the domain, and thanks to its customers, the sector had successfully implemented these strategies to better their performances.
Also, fashion houses’ moral duty these days is enormous, and one misstep may lead to being canceled–leading to unwanted press, boycotts, and impacting sales.More and more, Gen Z customers also prefer brands that take a stand on social justice and political issues, which brands have typically avoided.
However, because of its higher price point and its focus on a more mature customer demographic, luxury fashion has not had to deal with this issue as directly as more accessible brands.
Bharat Book Bureau Provides the Trending Market Research Report on “Global Premium Two Wheeler Tire Market Market, By Type, By Demand Category, By Tire Type, By Rim Size, By Region, Company Forecast & Opportunities, 2026” under Automotive Market Research Report Category.
The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Increase in the youth population around the globe coupled with the increase in the expenditure capacity of consumers, the Premium Two Wheeler Tire Market market is expected to witness significant growth in the next five years.
The rapid urbanization of people in search of better job opportunities and quality living standards is contributing to a surge in the demand for the Premium Two Wheeler Tire Market market.
Years considered for this report:Historical Years: 2016-2019Base Year: 2020Estimated Year: 2021Forecast Period: 2022–2026 Objective of the Study:•To analyze the historical growth of the market size of global Premium Two Wheeler Tire Market market from 2016 to 2019.•To estimate and forecast the market size of global Premium Two Wheeler Tire Market market from 2020 to 2026 and growth rate until 2026.•To classify and forecast global Premium Two Wheeler Tire Market market based on type, demand category, tire type, rim size, regional dsitribution, and company.
We Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Jiju Jitsu teaches you valuable defense skills.
Ground survival techniques, restraining an opponent are a few of them.
The sports organization of BJJ adheres to the IBJJF standards to award other colors of belt-like yellow, orange, green, Let’s have a quick look to know the color signification in BJJ.
You can better take your time to understand and appreciate the subtle element in the game thoroughly.
You will learn stability, pressure, and patience at this time.
In the training session, the 4th stripe will be the last.
FEB 11, 2020: The global Premium Cosmetics market size is expected to reach USD 199.2 billion by 2025, exhibiting a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc.
Preference for premium cosmetics for problems such as age spots, acne, and pigmentation is expected to bode well for the market growth.
Skincare is estimated to be the largest segment over the forecast period, owing to wide application for skin care.
Consumers prefer face creams, sunscreens, and body lotions to reduce acne scars, freckles, age spots, and discoloration among other skin issues.To boost the shopping experience and consumer interaction, premium cosmetic companies are upgrading their stores with advance technologies.
For instance, L'Oreal install interactive display in its Shanghai, Wuhan, and Changsha boutiques called as Magic Mirrors.
L'Oreal also acquire Pulp Riot, an American brand, operating in professional hair color segment with a strong influence on social media.Further key findings from the report suggest:Asia Pacific is estimated to be the largest and fastest growing market for premium cosmetics, majorly driven by high demand from China and JapanOffline is estimated to be the largest distribution channel in the forthcoming years, owing to technological advancements such as VR interaction and AR makeup trials in storesOnline segment is projected to register the fastest CAGR of 9.4% over the forecast period, owing to the presence of multi brand e-retailers and companies direct-to-consumers strategySome of the key players operating in the premium cosmetics market include Coty; Estee Lauder; L'Oreal; LVMH; Shiseido; Chanel; Dior beauty; Elizabeth Arden Inc.; KAO Corporation; and The Procter & Gamble Company (P) To Browse Full Research Report @: https://www.radiantinsights.com/research/premium-cosmetics-marketTable of ContentsChapter 1.
