Global Adventure Tourism Market Size study & Forecast, by Activity Type (Hard, Soft, Others), by Group (Solo, Couples, Family, Groups), by Booking Mode (Direct, Travel Agent, Marketplace Booking), by Age Group (28 and under, 29-40, 41-50, 51-60, 61-70, 71 and over) and Regional Analysis, 2023-2030
Global Adventure Tourism Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. The adventure tourism market refers to the segment of the tourism industry that offers unique and thrilling experiences to travelers seeking outdoor activities and adventurous pursuits, often in natural or remote environments. The adventure tourism market is being driven by factors such as rising income levels and an increasing number of travelers in recent years.
Adventure tourism includes the range of travel activities which increases the growth in the tourism industry and travels around the globe. According to World Tourism Organization (UNWTO) international tourist arrival around the globe in 2020 was 406.89 million, in 2021 was 455.77 million, and in 2022 was 963 million. Thus, rising number of international travelers fuels the growth of the market. In addition to the falling cost of aviation & accommodation and heavy investment in better infrastructure create lucrative opportunities for the market. However, the unpredictable climate change may hinder the growth of the market over the forecast year 2023-2030.
The key regions considered for the Global Adventure Tourism Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the rising income levels and government initiatives to promote tourism and travel activities in the region. Asia Pacific consider the fastest growing region during the forecasted period due to government initiatives to promote adventure & tourism in the region and continuous development of tourism infrastructure in the region.
Major market player included in this report are:Austin Adventures, Inc.
Butterfield & Robinson Inc.
G Adventures
Geographic Expeditions Inc.
Intrepid Group, ltd.
Mountain Travel Sobek
Discovery Nomads
Row Adventures
Tui Group
Cox & Kings Ltd.
Recent Developments in the Market:In September 2022, Intrepid Travel, has acquired a majority shareholding in JOOB (Jump Out Of Bed), an Australian adventure tourism business and destination management company (DMC). The acquisition was aimed at accelerating the growth of Intrepid's DMC operations in Australia.
Global Adventure Tourism Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Activity Type, Group, Booking mode, Age Group, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Activity type:
Hard
Soft
Other
By Group:
Solo
Couples
Family
Groups
By Booking mode:
Direct
Travel Agent
Marketplace Booking
By Age Group:
28 and Under
29-40
41-50
51-60
61-70
71 and over
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedAustin Adventures, Inc.
Butterfield & Robinson Inc.
G Adventures
Geographic Expeditions Inc.
Intrepid Group, ltd.
Mountain Travel Sobek
Discovery Nomads
Row Adventures
Tui Group
Cox & Kings Ltd.
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