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TWA_JUN2019

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www.travelweekly-asia.com | 5 SOURCES: MASTERCARD-CRESCENTRATING'S GLOBAL MUSLIM TRAVEL INDEX 2019. STATE OF THE GLOBAL ISLAMIC ECONOMY REPORT 2018/19. COMPILED BY: NAOMI NEOH DESIGN DIRECTION: LIM BEE BEE. ILLUSTRATION CREDITS: GUINGM/GETTY IMAGES; VECTORPLUSB/GETTY IMAGES; 45RPM/GETTY IMAGES. SERHII SEREDA/GETTY IMAGES; NATROT/ GETTY IMAGES; ARNAPHOTO/GETTY IMAGES; 13REE DESIGN/GETTY IMAGES; AVECTOR/GETTY IMAGES. COVER STORY Muslim Travel US$300b Travel Spend 66.7% from 2018 2020 2026 US$123b Travel Spend in Asia US$97b Travel Spend outside Asia How is the travel industry moving the world's 1.8 billion Muslims? Splashing out on lifestyle wants The segment spent US$2.1 trillion across lifestyle sectors in 2017, with travel the fourth highest category by expenditure globally. Asia was home to 42.4% of the world's Muslim population in 2015 Largest source markets for Muslim travel by region • Middle East: 37% Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain • Asia: 11% Indonesia, Malaysia, Singapore 2000 2018 2026 25m 140m 230m 10% of the world's tourists 2018 US$45b Online Spend US$180b Total Travel Spend Exceeding more than 10% of the world's tourists Food and Beverage US$1.3t Fashion US$270b Media and Recreation US$209b Travel US$177b Pharmaceuticals US$87b Cosmetics US$61b • Indonesia 12.6% 219m • India 11.1% 194m • Pakistan 10.5% 184m • Bangladesh 8.2% 144m

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