UK The Young Traveller Market Report 2021
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The UK The Young Traveller report identifies consumer attitudes towards the young travel market, future travel demand, social travel, and solo in the UK. This market report covers the market size, market forecast, market segmentation and industry trends for the Young Traveller market in the UK.
Current Market Landscape
The enforced closure of the holiday market for the majority of 2020 saw the wider category suffering huge impacts on their value and revenue, with many holidaymakers having to cancel bookings or put off plans to book holidays until restrictions lifted.
As international borders begin to re-open as the pandemic eases, the strength of pent-up demand will drive a rapid market recovery. The importance of young people on the travel industry’s post-COVID recovery will see tour operators benefitting from young travellers seeking the security of professional support as insurance against new outbreaks or restrictions.
Future Market Trends in The Young Traveller
The biggest threat to this market revival currently is the emergence of new strains of the virus, that could potentially close down the travel market once again. Any new lockdowns would not only impact booked holidays, but also limit young people’s ability to spend on holidays, with the uncertain career prospects and financial futures they will face in the aftermath.
The potential of social travel presents the biggest opportunity to open to operators over the short and medium term, as group and solo travellers alike look to connect with others and share new experiences as a counter to the isolation they have experienced during the COVID-19 crisis.
Read on to discover more details or take a look at all of our UK Holidays and Travel market research.
Brands: TripAdvisor, Booking.com, easyJet Holidays, Jet2Holidays, On the Beach, Virgin Voyages, TUI, Expedia, Contiki, Party Hard Travel, Topdeck Travel, Flight Centre Travel Group, TruTravels, VIBE, Syte.
This report, written by David Walmsley, a leading analyst in the Leisure sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Young people will lead the international travel market’s post-COVID revival, looking for the fun, social experiences they have been denied by the pandemic and willing to spend more on making up for what they have missed.
David Walmsley
Senior Leisure Analyst
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.