Europe Business Travel Market Statistics:

Market Size in 2025: USD 234.32 billion

Market Size in 2032: USD 304.22 billion
Market Growth Rate 2026-2032: CAGR 3.80% 
According to The Report Cube’s latest research study Europe Business Travel Market is anticipated to register a CAGR of around 3.80% during the forecast period, 2026–2032. The market size is valued at nearly USD 234.32 billion in 2025 and is expected to reach approximately USD 304.22 billion by 2032.

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Europe Business Travel Market Drivers:

·       Driver: Resurgence of In-Person Engagements to Instigate Market Growth

A new era of in-person meetings, conferences, and trade demonstrations has resulted from the relaxation of pandemic restrictions & the recognition of the value of personal relationships in enterprises. Also, leading international corporate meetings are once again taking place in European regions such as Paris, London, and Berlin, which is growing travel reservations. Moreover, businesses are comprehending how vital face-to-face interaction is for closing deals, promoting team dynamics, and keeping consumers, which is motivating the Business Travel Market in Europe.

 According to the report, prominent players operating in the market include:

·       American Express Global Business Travel (Amex GBT)

·       BCD Travel

·       Booking Holdings (Egencia, Booking.com)

·       Expedia Group

·       CWT (Carlson Wagonlit Travel)

·       Corporate Travel Management (CTM)

·       TravelPerk

·       Amadeus IT Group

·       Accor Group

·       Etraveli Group

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Key Market Segmentation

• Market Share, By Purpose Type
• Marketing
• Internal Meetings
• Trade Shows
• Product Launch
• Others
• Market Share, By Travel Type
• Group Travel
• Solo Travel
• Market Share, By Expenditure
• Travel Fare
• Lodging
• Dining
• Others
• Market Share, By Age Group
• Travelers Below 40 Years
• Travelers Above 40 Years
• Market Share, By Service Type
• Transportation
• Food and Lodging
• Recreational Activities
• Others
• Market Share, By End User
• Government
• Corporate
• Others
• Market Share, By Country
• Germany
• France
• The UK
• Italy
• Spain
• Rest of Europe

Recent News and Developments in Europe Business Travel Market

• American Express Global Business Travel (Amex GBT) introduced its Green Travel Suite in Europe, offering corporate clients tools to measure, report, and minimize the carbon footprint of their travel programs.
• TravelPerk launched its new AI-powered dynamic travel policy feature, which automatically adjusts travel rules based on threat levels, budget trends, and employee roles, improving policy compliance in European offices.

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