GCC Ecotourism Market, By Category (Nature, Wildlife, Generic), By Contribution (Ecotourism receipts, Hotel stay, Shopping and Leisure, Food and dining, Airline expenditure, Others), and By Region (Bahrain, Kuwait, Qatar, Saudi Arabia, Oman, UAE) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Ecotourism is the practice of traveling to and from natural locations, preserving the natural environment, and enhancing the well-being of the local population in a way that enhances their culture and lifestyle. Ecotourism differs from ecotourism in that it places more emphasis on environmental responsibility and sustainability rather than an aesthetic approach. Ecotourism has many main goals, but the main goals are education, protection, preservation, sustainable tourism, and community engagement. Education is the key to any type of sustainable tourism and for ecotourism, this goal is even more important since ecotourism tours often include interaction with local tribal and cultural groups who are important contributors to the environmental health of their local areas.
Market Dynamics:
Rapid growth in the travel & tourism industry in the GCC region is a prime factor driving growth of the Ecotourism in GCC market. According to the statistics by the World Bank, international tourism expenditure in Saudi Arabia, Qatar, and Kuwait, in the year 2019 was recorded to be USD 16.415 billion, USD 12.528 billion, and USD 17.131 billion respectively. Further, this expenditure in the United Arab Emirates (UAE) grew from USD 18.004 billion in 2018 to USD 33.372 billion 2019.
However, extremely hot weather condition in GCC region is expected to hinder growth of the market.
Key features of the study:
This report provides in-depth analysis of the Ecotourism in GCC market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Ecotourism in GCC market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Hotels (Ramada Worldwide, Jumeirah, and Le Meridien), Airlines (Emirates, Qatar, and Gulf air), and Tour &Travel Operators (Thomas Cook)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The Ecotourism in GCC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Ecotourism in GCC market
Detailed Segmentation:
GCC Ecotourism Market, By Category:
Nature
Wildlife
Generic
GCC Ecotourism Market, By Contribution:
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
GCC Ecotourism Market, By Region:
Bahrain
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
Kuwait
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
Qatar
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
Saudi Arabia
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
Oman
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
UAE
By Category
Nature
Wildlife
Generic
By Contribution
Ecotourism receipts
Hotel stay
Shopping and Leisure
Food and dining
Airline expenditure
Other Goods & Services
Real Ecotourism Wallet
Company Profiles
Ramada Worldwide*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Jumeirah
Le Meridien
Emirates
Qatar
Gulf air
Thomas Cook
“*” marked represents similar segmentation in other categories in the respective section.
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