Sustainable Tourism in Singapore

Sustainable Tourism in Singapore

Summary

Sustainable Tourism in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Sustainable tourism minimizes the negative impacts and maximizes the positive impacts of tourism as an activity while conserving resources or using them wisely to maintain their long-term viability. It takes full account of socioeconomic, cultural, and environmental impacts and addresses the needs of visitors, industry, and host communities. The market scope includes hotels & motels, travel intermediaries (travel agents, direct), food service (commercial food services), and transportation (airlines, passenger rail, road).
• The Singaporean sustainable tourism market had total revenues of $2.2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 42% between 2018 and 2023.
• The international segment accounted for the market's largest proportion in 2023, with total revenues of $2.2 billion, equivalent to 99.9% of the market's overall value.
• Singapore accounted for 3.7% of the Asia-Pacific sustainable tourism market in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sustainable tourism market in Singapore
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable tourism market in Singapore
• Leading company profiles reveal details of key sustainable tourism market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Singapore sustainable tourism market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Singapore sustainable tourism market by value in 2023?
• What will be the size of the Singapore sustainable tourism market in 2028?
• What factors are affecting the strength of competition in the Singapore sustainable tourism market?
• How has the market performed over the last five years?
• What are the main segments that make up Singapore's sustainable tourism market?