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Global Driving Vacation Share Report 2025, Forecast To 2034

25 Mar, 2025

What Is The Current and Historic Market Size Analysis Of The Driving Vacation Market?

The driving vacation market has seen considerable growth due to a variety of factors.
• The driving vacation market has grown rapidly in recent years. It is set to grow from $159.93 billion in 2024 to $185.65 billion in 2025, at a CAGR of 16.1%.
Factors contributing to this growth include greater car ownership, expanding road networks, rising disposable incomes, growing leisure travel, the popularity of road trips, and economic stability.

What Are The Predictions for The Driving Vacation Market in the Coming Years?

The driving vacation market is expected to maintain its strong growth trajectory in upcoming years.
• The driving vacation market is expected to grow to $332.63 billion by 2029, with a CAGR of 15.7%.
This growth is driven by advances in electric vehicle technology, autonomous driving capabilities, environmental consciousness, the rise of remote work, and personalized travel experiences. Trends will include sustainable travel, the use of road trip apps, demand for unique travel experiences, flexible trip planning, and wellness-focused travel.

Which Drivers Are Accelerating Growth In The Driving Vacation Market?

The increase in the number of travelers is expected to drive the growth of the driving vacation market. Improved travel services, higher disposable income, and online booking conveniences are making travel more accessible. Driving vacations are becoming popular for their affordability, flexibility, and the opportunity to explore destinations at one's own pace. In February 2024, the International Trade Administration reported that the number of international visitors to the U.S. is expected to reach 77.7 million in 2024, a 15.4% increase from the previous year. This growing number of travelers is propelling the driving vacation market.

What Are The Core Segments Of The Global Driving Vacation Market?

The driving vacation market covered in this report is segmented –
1) By Tour Type: Customized Road Tour, Fixed Departure Tour
2) By Traveler Type: Solo, Group, Other Traveler Types
3) By Mode Of Booking: Online Travel Agency, Direct Travel Agents Subsegments:
1) By Customized Road Tour: Self-Drive Customized Tours, Guided Customized Road Trips, Luxury Road Trips, Themed Road Trips, Family Road Trips
2) By Fixed Departure Tour: Group Road Trips, Scheduled Road Tours, Pre-planned Itinerary Tours, Luxury Fixed Departure Tours, Adventure Fixed Departure Tours

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What Trends Are Shaping The Driving Vacation Market?

Companies in the driving vacation market are offering group trip vehicle rentals to enhance travel convenience for larger groups. These services cater to families, corporate groups, and other large parties with spacious transport options such as minibusses and tempo travelers. For example, in June 2024, Savaari Car Rentals, an India-based rental service, introduced Tempo Traveler and Minibus Rental Services, offering comfortable, luxurious vehicles with options for 12 or 16 passengers, ideal for group trips and events.

Who Are the Key Players In The Driving Vacation Market?

Major companies operating in the driving vacation market are:
• American Express
• Enterprise Holdings Inc.
• Avis Rent A Car System LLC
• Hertz Global Holdings Inc.
• Sixt SE
• Alamo Group
• Tripadvisor LLC
• Audley Travel
• Kayak Inc.
• Road Bear RV
• SOTC Travel Limited
• TourRadar
• Roadtrippers LLC
• WEXAS TRAVEL
• Jucy Group Ltd
• Scott Dunn Ltd.
• Adventures Overland
• Auto Europe
• Travelscape LLC
• Wild Frontiers Adventure Travel
• Triumph Expeditions Pvt Limited

What Are The Regional Insights Into The Driving Vacation Market?

North America was the largest region in the driving vacation market in 2023. The regions covered in the driving vacation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.