Canada Luxury Travel Market Size & Outlook, 2025-2033


Canada Luxury Travel Market Insights

  • As highlighted in Deep Market Insights analysis, the Canada Luxury Travel Market, worth USD 287.73 Billion in 2024, is forecasted to achieve USD 569.78 Billion by 2033.
  • The Canada market is anticipated to grow at a CAGR of 7.94% during the period 2025–2033.
  • By 2024, Adventure represented the largest share of the Experience Type market size.
  • Bespoke Tours is expected to remain the key growth driver within Experience Type, registering the fastest CAGR during the forecast period.

Other Key Findings


  • In 2024, Canada accounted for 11.08% of the global Luxury Travel Market size.
  • By 2033, United States is expected to lead the global Luxury Travel Market in terms of market size.
  • Within North America, United States is projected to dominate the regional Luxury Travel Market size by 2033.
  • Canada is identified as the fastest-growing market in North America, anticipated to reach USD 899.79 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 287.73 Billion
Market Size In 2033 USD 569.78 Billion
Largest segment Adventure
Units Revenue in USD Billion
CAGR 7.94% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Experience Type
  1. Adventure
  2. Cruise
  3. Bespoke Tours
Accommodation
  1. 5-Star Hotels
  2. Villas
Traveler Profile
  1. Ultra-HNW
  2. HNW
Booking Channel
  1. DSC
  2. Travel Advisors