Nigeria Luxury Travel Market Size & Outlook, 2025-2033


Nigeria Luxury Travel Market Insights

  • As per Deep Market Insights insights, the Nigeria Luxury Travel Market stood at USD 16.15 Billion in 2024 and is anticipated to grow to USD 31.74 Billion by 2033.
  • The Nigeria market is expected to advance at a CAGR of 7.85% from 2025 through 2033.
  • In 2024, Adventure accounted for the highest share of the Experience Type market size.
  • During the forecast period, Bespoke Tours is set to register the highest growth, making it the most lucrative Experience Type segment.

Other Key Findings


  • Nigeria accounted for 0.62% of the global Luxury Travel Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within Middle East and Africa, United Arab Emirates is forecasted to dominate the regional Luxury Travel Market size by 2033.
  • South Africa will be the fastest-growing market in Middle East and Africa, projected to achieve USD 92.67 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 16.15 Billion
Market Size In 2033 USD 31.74 Billion
Largest segment Adventure
Units Revenue in USD Billion
CAGR 7.85% (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