Global Adventure Tourism Market 2023-2027

Global Adventure Tourism Market 2023-2027
Technavio has been monitoring the adventure tourism market and is forecast to grow by USD 4418.73 bn during 2022-2027, accelerating at a CAGR of 47.2% during the forecast period. Our report on the adventure tourism market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing disposable incomes, a rising number of soft adventure sports enthusiasts, and government initiatives to promote tourism.

Technavio's adventure tourism market is segmented as below:

By TypeDomestic adventure tourismInternational adventure tourismBy SourceIndirect contributionDirect contributionInduced contributionBy Geographical LandscapeEuropeAPACNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the online reviews encouraging the travel industry as one of the prime reasons driving the adventure tourism market growth during the next few years. Also, higher acceptance of online travel agencies and the growing popularity of travel blogging/vlogging will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the adventure tourism market covers the following areas:Adventure tourism market sizingAdventure tourism market forecastAdventure tourism market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading adventure tourism market vendors that include Abercrombie and Kent USA LLC, Active New Zealand Ltd. Partnership, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Discovery Nomads LLC, Explore Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group Pty Ltd., Kensington Tours Ltd., Lindblad Expeditions Holdings Inc., Mountain Travel Sobek, Passages Exotic Expeditions Ltd., Recreational Equipment Inc., ROW Adventures, The Walt Disney Co., Trafalgar Tours Pty Ltd., Travelopia Group, and TUI AG. Also, the adventure tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.