Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Latin America Business Travel Market Report by Type (Managed Business Travel, Unmanaged Business Travel), Purpose Type (Marketing, Internal Meetings, Trade Shows, Product Launch, and Others), Expenditure (Travel Fare, Lodging, Dining, and Others), Age Group (Travelers Below 40 Years, Travelers Above 40 Years), Service Type (Transportation, Food and Lodging, Recreational Activities, and Others), Travel Type (Group Travel, Solo Travel), End User (Government, Corporate, and Others), and Country 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A3458
Buy Now
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Latin America Business Travel Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Managed Business Travel
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Unmanaged Business Travel
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Purpose Type
7.1 Marketing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Internal Meetings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Trade Shows
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Product Launch
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Expenditure
8.1 Travel Fare
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Lodging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Dining
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Age Group
9.1 Travelers Below 40 Years
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Travelers Above 40 Years
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Service Type
10.1 Transportation
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Food and Lodging
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Recreational Activities
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Travel Type
11.1 Group Travel
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Solo Travel
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market Breakup by End User
12.1 Government
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Corporate
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Others
12.3.1 Market Trends
12.3.2 Market Forecast
13 Market Breakup by Country
13.1 Brazil
13.1.1 Market Trends
13.1.2 Market Breakup by Type
13.1.3 Market Breakup by Purpose Type
13.1.4 Market Breakup by Expenditure
13.1.5 Market Breakup by Age Group
13.1.6 Market Breakup by Service Type
13.1.7 Market Breakup by Travel Type
13.1.8 Market Breakup by End User
13.1.9 Market Forecast
13.2 Mexico
13.2.1 Market Trends
13.2.2 Market Breakup by Type
13.2.3 Market Breakup by Purpose Type
13.2.4 Market Breakup by Expenditure
13.2.5 Market Breakup by Age Group
13.2.6 Market Breakup by Service Type
13.2.7 Market Breakup by Travel Type
13.2.8 Market Breakup by End User
13.2.9 Market Forecast
13.3 Argentina
13.3.1 Market Trends
13.3.2 Market Breakup by Type
13.3.3 Market Breakup by Purpose Type
13.3.4 Market Breakup by Expenditure
13.3.5 Market Breakup by Age Group
13.3.6 Market Breakup by Service Type
13.3.7 Market Breakup by Travel Type
13.3.8 Market Breakup by End User
13.3.9 Market Forecast
13.4 Colombia
13.4.1 Market Trends
13.4.2 Market Breakup by Type
13.4.3 Market Breakup by Purpose Type
13.4.4 Market Breakup by Expenditure
13.4.5 Market Breakup by Age Group
13.4.6 Market Breakup by Service Type
13.4.7 Market Breakup by Travel Type
13.4.8 Market Breakup by End User
13.4.9 Market Forecast
13.5 Chile
13.5.1 Market Trends
13.5.2 Market Breakup by Type
13.5.3 Market Breakup by Purpose Type
13.5.4 Market Breakup by Expenditure
13.5.5 Market Breakup by Age Group
13.5.6 Market Breakup by Service Type
13.5.7 Market Breakup by Travel Type
13.5.8 Market Breakup by End User
13.5.9 Market Forecast
13.6 Peru
13.6.1 Market Trends
13.6.2 Market Breakup by Type
13.6.3 Market Breakup by Purpose Type
13.6.4 Market Breakup by Expenditure
13.6.5 Market Breakup by Age Group
13.6.6 Market Breakup by Service Type
13.6.7 Market Breakup by Travel Type
13.6.8 Market Breakup by End User
13.6.9 Market Forecast
13.7 Others
13.7.1 Market Trends
13.7.2 Market Breakup by Type
13.7.3 Market Breakup by Purpose Type
13.7.4 Market Breakup by Expenditure
13.7.5 Market Breakup by Age Group
13.7.6 Market Breakup by Service Type
13.7.7 Market Breakup by Travel Type
13.7.8 Market Breakup by End User
13.7.9 Market Forecast
14 SWOT Analysis
14.1 Overview
14.2 Strengths
14.3 Weaknesses
14.4 Opportunities
14.5 Threats
15 Value Chain Analysis
16 Porters Five Forces Analysis
16.1 Overview
16.2 Bargaining Power of Buyers
16.3 Bargaining Power of Suppliers
16.4 Degree of Competition
16.5 Threat of New Entrants
16.6 Threat of Substitutes
17 Price Analysis
18 Policy and Regulatory Landscape
19 Competitive Landscape
19.1 Market Structure
19.2 Key Players
19.3 Profiles of Key Players
List of Figures
Figure 1: Latin America: Business Travel Market: Major Drivers and Challenges
Figure 2: Latin America: Business Travel Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Latin America: Business Travel Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Latin America: Business Travel Market: Breakup by Type (in %), 2023
Figure 5: Latin America: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 6: Latin America: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 7: Latin America: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 8: Latin America: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 9: Latin America: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 10: Latin America: Business Travel Market: Breakup by End User (in %), 2023
Figure 11: Latin America: Business Travel Market: Breakup by Country (in %), 2023
Figure 12: Latin America: Business Travel (Managed Business Travel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Latin America: Business Travel (Managed Business Travel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Latin America: Business Travel (Unmanaged Business Travel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Latin America: Business Travel (Unmanaged Business Travel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Latin America: Business Travel (Marketing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Latin America: Business Travel (Marketing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Latin America: Business Travel (Internal Meetings) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Latin America: Business Travel (Internal Meetings) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Latin America: Business Travel (Trade Shows) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Latin America: Business Travel (Trade Shows) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Latin America: Business Travel (Product Launch) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Latin America: Business Travel (Product Launch) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Latin America: Business Travel (Other Purpose Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Latin America: Business Travel (Other Purpose Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Latin America: Business Travel (Travel Fare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Latin America: Business Travel (Travel Fare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Latin America: Business Travel (Lodging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Latin America: Business Travel (Lodging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Latin America: Business Travel (Dining) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Latin America: Business Travel (Dining) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Latin America: Business Travel (Other Expenditures) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Latin America: Business Travel (Other Expenditures) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Latin America: Business Travel (Travelers Below 40 Years) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Latin America: Business Travel (Travelers Below 40 Years) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Latin America: Business Travel (Travelers Above 40 Years) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Latin America: Business Travel (Travelers Above 40 Years) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Latin America: Business Travel (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Latin America: Business Travel (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Latin America: Business Travel (Food and Lodging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Latin America: Business Travel (Food and Lodging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Latin America: Business Travel (Recreational Activities) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Latin America: Business Travel (Recreational Activities) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Latin America: Business Travel (Other Service Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Latin America: Business Travel (Other Service Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Latin America: Business Travel (Group Travel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Latin America: Business Travel (Group Travel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Latin America: Business Travel (Solo Travel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Latin America: Business Travel (Solo Travel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Latin America: Business Travel (Government) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Latin America: Business Travel (Government) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Latin America: Business Travel (Corporate) Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Latin America: Business Travel (Corporate) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Latin America: Business Travel (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Latin America: Business Travel (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Brazil: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Brazil: Business Travel Market: Breakup by Type (in %), 2023
Figure 58: Brazil: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 59: Brazil: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 60: Brazil: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 61: Brazil: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 62: Brazil: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 63: Brazil: Business Travel Market: Breakup by End User (in %), 2023
Figure 64: Brazil: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Mexico: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Mexico: Business Travel Market: Breakup by Type (in %), 2023
Figure 67: Mexico: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 68: Mexico: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 69: Mexico: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 70: Mexico: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 71: Mexico: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 72: Mexico: Business Travel Market: Breakup by End User (in %), 2023
Figure 73: Mexico: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Argentina: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Argentina: Business Travel Market: Breakup by Type (in %), 2023
Figure 76: Argentina: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 77: Argentina: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 78: Argentina: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 79: Argentina: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 80: Argentina: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 81: Argentina: Business Travel Market: Breakup by End User (in %), 2023
Figure 82: Argentina: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Colombia: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Colombia: Business Travel Market: Breakup by Type (in %), 2023
Figure 85: Colombia: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 86: Colombia: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 87: Colombia: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 88: Colombia: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 89: Colombia: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 90: Colombia: Business Travel Market: Breakup by End User (in %), 2023
Figure 91: Colombia: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Chile: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Chile: Business Travel Market: Breakup by Type (in %), 2023
Figure 94: Chile: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 95: Chile: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 96: Chile: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 97: Chile: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 98: Chile: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 99: Chile: Business Travel Market: Breakup by End User (in %), 2023
Figure 100: Chile: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 101: Peru: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 102: Peru: Business Travel Market: Breakup by Type (in %), 2023
Figure 103: Peru: Business Travel Market: Breakup by Purpose Type (in %), 2023
Figure 104: Peru: Business Travel Market: Breakup by Expenditure (in %), 2023
Figure 105: Peru: Business Travel Market: Breakup by Age Group (in %), 2023
Figure 106: Peru: Business Travel Market: Breakup by Service Type (in %), 2023
Figure 107: Peru: Business Travel Market: Breakup by Travel Type (in %), 2023
Figure 108: Peru: Business Travel Market: Breakup by End User (in %), 2023
Figure 109: Peru: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 110: Others: Business Travel Market: Sales Value (in Million US$), 2018 & 2023
Figure 111: Others: Business Travel Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 112: Latin America: Business Travel Industry: SWOT Analysis
Figure 113: Latin America: Business Travel Industry: Value Chain Analysis
Figure 114: Latin America: Business Travel Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Latin America: Business Travel Market: Key Industry Highlights, 2023 and 2032
Table 2: Latin America: Business Travel Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Latin America: Business Travel Market Forecast: Breakup by Purpose Type (in Million US$), 2024-2032
Table 4: Latin America: Business Travel Market Forecast: Breakup by Expenditure (in Million US$), 2024-2032
Table 5: Latin America: Business Travel Market Forecast: Breakup by Age Group (in Million US$), 2024-2032
Table 6: Latin America: Business Travel Market Forecast: Breakup by Service Type (in Million US$), 2024-2032
Table 7: Latin America: Business Travel Market Forecast: Breakup by Travel Type (in Million US$), 2024-2032
Table 8: Latin America: Business Travel Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 9: Latin America: Business Travel Market Forecast: Breakup by Country (in Million US$), 2024-2032
Table 10: Latin America: Business Travel Market: Competitive Structure
Table 11: Latin America: Business Travel Market: Key Players
Purchase Options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More