Japan Online Travel Market Overview, 2028
The Japanese online travel sector emerges as an enthralling tapestry that expertly weaves together the country's rich cultural heritage with cutting-edge digital innovation. Japan's internet travel... もっと見る
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SummaryThe Japanese online travel sector emerges as an enthralling tapestry that expertly weaves together the country's rich cultural heritage with cutting-edge digital innovation. Japan's internet travel scene reflects its dual nature as a country steeped in centuries-old traditions and a driver of technological innovation. In this digital age of global connection, Japan's online travel business is a monument to the harmonious integration of past and present, providing tourists with an unprecedented doorway to discover the Land of the Rising Sun in ways that effortlessly embrace tradition and the contemporary. The Japan internet travel market is a complex domain that captures the essence of both Japan's historical past and its future cityscapes, from age-old tea ceremonies to AI-powered travel help. The online travel sector in Japan specializes in providing travelers with immersive cultural experiences. Traditional tea ceremonies, kimono dressing, calligraphy classes, and trips to historical locations are all available online, allowing travelers to connect with Japan's rich cultural legacy in a meaningful way. The efficient and broad transportation network of Japan, which includes bullet trains and municipal railways, is smoothly linked to internet travel platforms. Travelers may plan and schedule journeys, including rail passes, making it easier and more convenient to see different parts of Japan. The gastronomic landscape of Japan is a major attraction for visitors. Online portals specialize in connecting visitors with food tours, cooking workshops, and real dining experiences, allowing them to enjoy the flavors of Japan's renowned cuisine. From calm hot springs (onsen) to woodland bathing experiences, Japan's internet travel market provides possibilities for travelers to unwind and revitalize in the middle of nature. Platforms promote health retreats and eco-friendly lodgings that promote sustainable tourism.According to the research report "Japan Online Travel Market Overview, 2028," published by Bonafide Research, the Japan Online Travel market is anticipated to reach market size of more than USD 45 Billion by 2028. Japan's position as a technological powerhouse is critical to growing the country's online tourism business. Because of the country's tech-savvy populace and proclivity for adopting novel digital solutions, user-friendly platforms, AI-driven services, virtual reality experiences, and fast online payment methods have been developed. The variety of accommodations available, ranging from modern luxury hotels to traditional ryokans and guesthouses, adds to the allure of Japan's online travel sector. Platforms provide options that cater to various preferences and budgets, making it simple for tourists to discover lodging that matches their interests. The influence of Japan on worldwide pop culture, such as anime, manga, and J-pop, draws enthusiasts from all over the world. Online platforms specialize in connecting travelers with pop culture experiences, themed attractions, and events. The Japanese government's tourism promotion measures, such as easing visa rules and supporting tourism infrastructure, have aided the expansion of the internet travel business. Japan is well-known for its cutting-edge mobile technologies and high smartphone adoption rates. Because of high internet penetration and broad smartphone use, a considerable percentage of customers access online travel services via mobile apps. This mobile-first approach improves the ease of planning and booking trips while on the go. With widespread internet access, online travel platforms can collect data and provide personalized trip recommendations based on customer preferences and browsing history. This improves the customer experience by delivering personalized travel recommendations. Based on service type market is divided into transportation, travel accommodation, vacation packages, and others (travel insurance, visas and passport services, currency exchange services, travel spa and wellness services, travel gear and gadgets, etc.). Vacation packages segment is growing at significant rate in Japan online travel market. The proliferation of online travel firms and platforms has made it easier for passengers to browse, compare, and buy vacation packages. User-friendly interfaces and advanced search capabilities contribute to the popularity of online booking. Even before the pandemic, travelers were seeking engaging experiences and local contacts. Vacation packages can be modified to include such experiences, increasing their appeal. Vacation packages often include flights, lodging, and sometimes additional luxuries such as tours and activities. This convenience appeals to passengers who desire a smooth booking experience without having to plan each component separately. Tokyo and Kyoto are two of the most well-known online vacation packages in Japan. The itinerary is a 7-day package that includes round-trip flights from major cities, hotel accommodations in Tokyo and Kyoto, and guided tours of some of these cities' most prominent sights, such as the Tokyo Skytree, the Kiyomizu-dera Temple, and the Fushimi Inari-taisha Shrine. The Kyushu Relaxation Vacation is a four-day package that includes round-trip flights from major cities, lodging in a ryokan (traditional Japanese inn) in Kyushu, and guided tours of some of the most popular hot springs and natural attractions on this southwestern island, including Beppu Onsen, Yakushima Island, and Nagasaki Peace Park. Based on device market is segmented into laptop/desktop devices, and mobile devices. Japan has a significant rate of smartphone adoption and mobile internet usage. This means that a sizable section of the population has mobile access to internet travel services, making it easy for individuals to search for, book, and manage their travel arrangements while on the go. Social media platforms and travel-related apps have become sources of inspiration for travelers. People frequently come across appealing travel bargains, trip recommendations, and travel material on their mobile devices, prompting them to explore deeper and make bookings online. Travelers can make spontaneous and last-minute travel plans thanks to mobile devices. This adaptability corresponds to the trend of travelers preferring more rapid and impulsive trips. Based on mode of booking market is segmented into online travel agencies (OTAs) and direct travel suppliers. Online travel agencies segmented is expected to grow at fastest rate in Japan online travel market. Online travel agencies are platforms that combine travel-related services from numerous sources, such as flights, hotels, vehicle rentals, and tours. OTAs allow people to compare several options in one spot and frequently provide bargains and discounts. OTAs frequently provide bundled packages that include flights, lodging, and occasionally other services like tours or transfers. These bundles might help you save money and streamline the booking procedure. To respond to differing tastes, OTAs often offer a variety of payment methods, including credit cards and, in some cases, local payment systems. Considered in this report: • Geography: Japan • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Japan Online Travel market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Service Type: • Transportation • Travel Accommodation • Vacation Packages • Others (Travel Insurance, Visas and passport services, Currency Exchange Services, Travel spa and wellness services, Travel gear and gadgets, etc.) By Device: • Laptop/Desktop Devices • Mobile Devices By Mode of Booking: • Online Travel Agencies (OTAs) • Direct Travel Suppliers The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Online Travel industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Table of ContentsTable of Contents1. Executive Summary 2. Market Structure 2.1. Market Considerate 2.2. Assumptions 2.3. Limitations 2.4. Abbreviations 2.5. Sources 2.6. Definitions 2.7. Geography 3. Research Methodology 3.1. Secondary Research 3.2. Primary Data Collection 3.3. Market Formation & Validation 3.4. Report Writing, Quality Check & Delivery 4. Japan Japo Macro Economic Indicators 5. Market Dynamics 5.1. Key Findings 5.2. Key Developments - 2021 5.3. Market Drivers & Opportunities 5.4. Market Restraints & Challenges 5.5. Market Trends 5.6. Covid-19 Effect 5.7. Supply chain Analysis 5.8. Policy & Regulatory Framework 5.9. Industry Experts Views 6. Japan Japo Online Travel Market Overview 6.1. Market Size By Value 6.2. Market Size and Forecast By Service Type 6.3. Market Size and Forecast By Device 6.4. Market Size and Forecast By Mode of Booking 7. Japan Japo Online Travel Market Segmentations 7.1. Japan Japo Online Travel Market, By Service Type 7.1.1. Japan Japo Online Travel Market Size, By Transportation, 2017-2028 7.1.2. Japan Japo Online Travel Market Size, By Travel Accommodation, 2017-2028 7.1.3. Japan Japo Online Travel Market Size, By Vacation Packages, 2017-2028 7.1.4. Japan Japo Online Travel Market Size, By Others, 2017-2028 7.2. Japan Japo Online Travel Market, By Device 7.2.1. Japan Japo Online Travel Market Size, By Laptop/Desktop Devices, 2017-2028 7.2.2. Japan Japo Online Travel Market Size, By Mobile Devices, 2017-2028 7.3. Japan Japo Online Travel Market, By Mode of Booking 7.3.1. Japan Japo Online Travel Market Size, By Online Travel Agencies (OTAs), 2017-2028 7.3.2. Japan Japo Online Travel Market Size, By Direct Travel Suppliers, 2017-2028 8. Japan Japo Online Travel Market Opportunity Assessment 8.1. By Service Type, 2023 to 2028 8.2. By Device, 2023 to 2028 8.3. By Mode of Booking, 2023 to 2028 9. Competitive Landscape 9.1. Porter's Five Forces 9.2. Company Profile 9.2.1. Company 1 9.2.1.1. Company Snapshot 9.2.1.2. Company Overview 9.2.1.3. Financial Highlights 9.2.1.4. Geographic Insights 9.2.1.5. Business Segment & Performance 9.2.1.6. Product Portfolio 9.2.1.7. Key Executives 9.2.1.8. Strategic Moves & Developments 9.2.2. Company 2 9.2.3. Company 3 9.2.4. Company 4 9.2.5. Company 5 9.2.6. Company 6 9.2.7. Company 7 9.2.8. Company 8 10. Strategic Recommendations 11. Disclaimer List of Figures Figure 1: Japan Japo Online Travel Market Size By Value (2017, 2022 & 2028F) (in USD Billion) Figure 2: Market Attractiveness Index, By Service Type Figure 3: Market Attractiveness Index, By Device Figure 4: Market Attractiveness Index, By Mode of Booking Figure 5: Porter's Five Forces of Japan Japo Online Travel Market List of Table Table 1 : Influencing Factors for Japan Japo Online Travel Market, 2022 Table 2: Japan Japo Online Travel Market Size and Forecast By Service Type (2017, 2022 & 2028F) Table 3: Japan Japo Online Travel Market Size and Forecast By Device (2017, 2022 & 2028F) Table 4: Japan Japo Online Travel Market Size and Forecast By Mode of Booking (2017, 2022 & 2028F) Table 5: Japan Japo Online Travel Market Size of Transportation (2017 to 2028) in USD Billion Table 6: Japan Japo Online Travel Market Size of Travel Accommodation (2017 to 2028) in USD Billion Table 7: Japan Japo Online Travel Market Size of Vacation Packages (2017 to 2028) in USD Billion Table 8: Japan Japo Online Travel Market Size of Others (2017 to 2028) in USD Billion Table 9: Japan Japo Online Travel Market Size of Laptop/Desktop Devices (2017 to 2028) in USD Billion Table 10: Japan Japo Online Travel Market Size of Mobile Devices (2017 to 2028) in USD Billion Table 11: Japan Japo Online Travel Market Size of Online Travel Agencies (OTAs) (2017 to 2028) in USD Billion Table 12: Japan Japo Online Travel Market Size of Direct Travel Suppliers (2017 to 2028) in USD Billion
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