Singapore Luxury Travel Market Size & Outlook, 2025-2033


Singapore Luxury Travel Market Insights

  • Based on Deep Market Insights findings, the Singapore Luxury Travel Market reached USD 8.22 Billion in 2024 and is estimated to attain USD 17.38 Billion by 2033.
  • From 2025 to 2033, the Singapore market is expected to grow at a steady CAGR of 8.63%.
  • Within the Experience Type category, Adventure dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Adventure is forecasted to deliver the fastest growth, positioning it as the most lucrative Experience Type segment.

Other Key Findings


  • As of 2024, Singapore held 0.31% of the global Luxury Travel Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Luxury Travel Market.
  • In Asia Pacific, China is expected to lead the regional Luxury Travel Market size by 2033.
  • Taiwan will remain the fastest-growing market in Asia Pacific, reaching USD 117.62 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 8.22 Billion
Market Size In 2033 USD 17.38 Billion
Largest segment Adventure
Units Revenue in USD Billion
CAGR 8.63% (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