Global Staycation Market Set to Reach USD 943.7 Million by 2035, Fueled by Changing Travel Habits and Local Experience Demand

Staycation Market

According to the latest market research and industry forecasts, the global staycation market size is projected to grow from USD 410.3 million in 2025 to an impressive USD 943.7 million by 2035, reflecting a compound annual growth rate (CAGR) of 8.7% during the forecast period. This notable expansion highlights a paradigm shift in the way consumers approach leisure, travel, and time-off, emphasizing the rising value of local travel experiences, budget-friendly vacation alternatives, and sustainable tourism trends.

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Local Travel Experiences Drive Long-Term Growth of the Staycation Industry

The steady growth of the staycation industry is largely attributed to the increasing consumer preference for domestic travel options, driven by both convenience and cost-effectiveness. Travelers are now prioritizing personalized staycation experiences near home, ranging from luxury home rentals and weekend retreats to spa getaways and wellness-focused holidays.

The impact of the global pandemic, combined with evolving work-life dynamics, has also shifted consumer attitudes toward mini-vacations within driving distance. As international travel becomes less predictable and more costly, families, couples, and solo travelers alike are embracing localized tourism to unwind without the logistical stress of border-crossing, visas, or long-haul flights.

Sustainable Travel Alternatives Boost Staycation Appeal

Another major driver behind the staycation trend is the global push for sustainable tourism and low-carbon vacation options. Consumers are becoming increasingly environmentally conscious and seeking out eco-friendly holidays that reduce their carbon footprint. Staycations allow individuals to enjoy meaningful travel experiences while minimizing emissions and supporting local economies.

Eco-resorts, farm stays, nature retreats, and boutique hotels that emphasize sustainable practices are witnessing increased bookings, and hospitality businesses that cater to this trend are expected to thrive over the next decade.

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Travel-Tech Integration and Experiential Services Fuel Market Expansion

Digital transformation and innovation in the travel and hospitality sectors have further accelerated the rise of the staycation market. The growing availability of personalized travel apps, last-minute booking platforms, AI-driven itinerary planners, and local experience aggregators enables consumers to curate immersive staycations tailored to their preferences and interests.

From curated food and wine tours in one’s hometown to adventure packages within regional nature parks, the rise of experiential tourism near home has redefined how consumers view vacationing. Companies that offer differentiated experiences, mobile-first booking, and seamless customer service are expected to dominate the staycation landscape.

Regional Insights: Staycation Market Highlights

  • North America: Strong demand for weekend getaways and nature retreats, driven by wellness trends and remote work flexibility. Well-developed infrastructure supports diverse local travel options.
  • Europe: Growth fueled by domestic travel to cultural and natural sites, with a focus on sustainable and authentic local experiences. Government support boosts local tourism.
  • Asia-Pacific: Fastest-growing region due to rising middle class and urbanization. Popularity of city breaks, beach resorts, and cultural tours near major urban centers is increasing rapidly.
  • Latin America: Growing interest in affordable local adventures and natural attractions. Adventure tourism and customized travel packages are gaining popularity.
  • Middle East & Africa: Emerging staycation market with luxury resorts and unique cultural experiences driving growth. Increased digital access is helping boost bookings.

Leading Companies

  • The Hain Celestial Group Inc.
  • SunOpta Inc.
  • Danone
  • Oatly
  • Vitasoy International Holdings Limited
  • DAIYA FOODS INC.
  • Melt Organic
  • Living Harvest Foods Inc.
  • Ripple Foods
  • Earth’s Own Food Company Inc.
  • ADM
  • The Whitewave Foods Company
  • Eden Foods, Inc.

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Staycation Market Segmentation

By Booking Agency:

  • OTA (Online Travel Agency)
  • Traditional Travel Agencies
  • TMC’s (Travel Management Companies)
  • Corporate Buyers

By Age:

  • Under 15
  • 16-25
  • 26-35
  • 36-45
  • 46-55
  • Over 55

By Visit Purpose:

  • Business Travel
  • Leisure Travel
  • Education
  • Employment
  • Pilgrimage
  • Visiting Friends & Relatives

By Demography:

  • Individual
  • Couples
  • Families
  • Group

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In Person Booking

By Tour Type:

  • Independent Traveler
  • Package Traveler
  • Tour Group

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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