Tag Archives: Asia Pacific Region

Future Market Insights (FMI) report revealed that the Asia Pacific religious tourism will progress with an estimated CAGR of 11.4 per cent between 2024 and 2034. Starting at US$7,940 million in 2024, it is on track to reach US$23,371 million by 2034. The industry size of religious tourism in the Asia Pacific was US$7,146.8 million in 2023.

As per the PATA forecast, the inbound arrival will surge between 2024-2026 in the Asia Pacific region. The top 10 source markets will contribute 59% of all IVAs in 2024. India will account for 1.9% of the relative share of IVAs by 2026 in comparison to 1.7% in 2024 in the Pacific region.