DUBLIN–(BUSINESS WIRE)–The “Adventure Tourism Market by Type, by Activity, Type of Travelers, by Age Group – Global Opportunity Analysis and Industry Forecast, 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The Global Adventure Tourism Market size valued to USD 288.08 billion in 2021, is expected an elevation of USD 2824.41 billion by 2030 witnessing a CAGR of 28.8% from 2022-2030.
Adventure tourism involves exploration of exotic destinations, venturing in remote areas, discovering the wilderness, and travelling to such other out-of-the-comfort-zone destinations that includes physical activities, exchange of cultural values and framing a deeper connection with the nature. This niche tourism entails a certain degree of real/perceived risk or physical danger as well as, it may require special skills and physical exertion.
Adventure tourism includes various air, water and land activities like mountaineering, trekking, hiking, scuba diving, canyoneering, sandboarding, paragliding, river rafting, and others. These activities are performed under the guided supervision of experts, using all the safety measures like helmets, harness, and others, to avoid mishaps.
Market Dynamics and Trends
The global adventure tourism market is on a spur owing to the exponential growth of tourism industry. Besides, the inclination of youth towards exploring undiscovered destinations, rising demands of adventure sports, increase in disposable incomes and reasonable travel packages, are expected to supplement the market growth throughout the forecast period.
However, factors such as potential risks involved in adventure travelling, unpredictable climatic conditions, and chances of mishaps are expected to hamper the growth of global Adventure tourism market during the forecast period.
Moreover, increase in government initiatives in the form of public-private partnerships to promote tourism, surge in travel trends on social media, high competition among travel agencies in offering reasonable travel packages, reduced travel restrictions as well as the economic evolution are the factors responsible for propelling the growth of Adventure tourism market in future.
Companies Mentioned
- Austine Adventures Inc.
- Butterfield & Robinson Inc.
- Discovery Nomads
- G Adventures
- Geographic Expeditions Inc.
- Mountain Travel Sobek
- Intrepid Group, Ltd
- Recreational Equipment Inc.
- ROW Adventures
- TUI Group
Market Segmentation:
Global Adventure Tourism market – By Type
- Hard
- Soft
- Others
Global Adventure Tourism market – By Activity
- Land Based Activity
- Hiking
- Trekking
- Camping
- Rock Climbing
- Others
- Water Based Activity
- Canoeing
- Rafting
- Scuba Diving
- Air Based Activity
- Hot Air Ballooning
- Paragliding
- Ski Diving
Global Adventure Tourism market – By Type of Travellers
- Solo
- Group
- Couple
- Family
Global Adventure Tourism market – By Age Group
- Below 30 Years
- 30 to 41 Years
- 42 to 49 Years
- 50 Years & Above
Global Adventure Tourism market -By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- RoW
- UAE
- Saudi Arabia
- South Africa
- Brazil
- Rest of RoW
For more information about this report visit https://www.researchandmarkets.com/r/26xrbe
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