Sustainable Tourism in South Africa

Sustainable Tourism in South Africa

Summary

Sustainable Tourism in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, 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 South African sustainable tourism market had total revenues of $8.8 billion in 2023, representing a compound annual growth rate (CAGR) of 0.01% between 2018 and 2023.
• The domestic segment accounted for the market's largest proportion in 2023, with total revenues of $5 billion, equivalent to 57.1% of the market's overall value.
• South Africa accounted for 4.2% of the global 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 South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable tourism market in South Africa
• 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 South Africa sustainable tourism market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the South Africa sustainable tourism market by value in 2023?
• What will be the size of the South Africa sustainable tourism market in 2028?
• What factors are affecting the strength of competition in the South Africa sustainable tourism market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's sustainable tourism market?