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INDIA FAITH BASED TOURISM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

India Faith Based Tourism Market, By Purpose of Visit (Pilgrimage, Spiritual Retreat, Monastery Stays, Festival Experience, and Others, By Type of Amenities (Overnight Facilities, Guided Tours, Transport Rentals, Food Services, Souvenir Shops, and Others)

  • Published In : May 2024
  • Code : CMI6996
  • Pages :134
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Market Concentration and Competitive Landscape

India Faith Based Tourism Market Concentration By Players

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Rise of Faith Centric Experiences

India is home to many religions and spiritual heritages that attract millions of national and international pilgrims every year. The varied faith based places of worship and pilgrimage sites enable India to emerge as one of the global hubs of faith based tourism. Visits to shrines and temples are an integral part of people's spiritual journey in India.  Some of the major faiths prevalent in India like Hinduism, Buddhism, Jainism, Sikhism and Islam have countless religious sites that have been drawing devoted followers for ages. For example, places like Varanasi, Haridwar, Rishikesh, Ajmer Sharif, Mathura, Amritsar, Dharamshala, Sarnath attract pilgrims throughout the year for spiritual and religious activities like rituals, prayers, offerings etc as per the customs. In recent times, India has also witnessed increasing visits by international tourists who want to experience the diverse faiths and gain spiritual insights during their tourism.  Going forward, the government of India has recognized the enormous potential of faith based tourism and is taking targeted efforts to develop infrastructure and facilitate amenities at major pilgrimage destinations. For instance, projects like development of Kedarnath temple under the 'Shri Kedarnath Udhyam Tirath Pariyojana' and Rejuvenation and Spiritual Augmentation of Pilgrimage Destinations (RASPD) will enhance the tourism infrastructure and ensure a satisfactory pilgrimage experience. This in turn drives more domestic and international tourists towards such religious circuits.

Key Players Insights
  • MakeMyTrip
  • Thomas Cook (India) Ltd
  • Cox & Kings Ltd
  • Mahindra Holidays & Resorts India Ltd
  • Yatra Online Pvt Ltd
  • International Travel House Ltd
  • Expedia
  • Ibibo Group
  • SOTC Travel Limited
  • Kesari Tours
  • Cleartrip
  • EasyMyTrip
  • Balmer Lawrie Travel & Vacations
  • Holy Voyages
  • Soul of India.
  • Tour My India
  • Prime Travels

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