Report: Haj and Umrah: Developments and Opportunities
In 2016, an estimated 8.3 million pilgrims spent $22.7 billion (including airfares) on haj and umrah. This accounts for 14 percent of all Muslim outbound spend on travel in the same year. Pilgrims require a range of products and services for these spiritually significant journeys. This report looks at the market growth trajectory, key drivers, and major service providers across various categories, and highlights key opportunities for stakeholders seeking to access this lucrative market opportunity. It will be a highly valuable read for a range of stakeholders, including policymakers, investors, and service providers.