Adventure Tourism Market Size to Grow by USD 2.50 Tn, 31% of Market Growth to Originate from APAC

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NEW YORK, Nov. 11, 2022 /PRNewswire/ — The adventure tourism market dimension is anticipated to develop by USD 2.50 trillion from 2021 to 2026. In addition, the expansion momentum of the market will speed up at a CAGR of 38.87% in the course of the forecast interval, in accordance to Technavio. The market has been segmented by kind (home journey tourism and worldwide journey tourism), supply (oblique contribution, direct contribution, and induced contribution), and geography (Europe, APAC, North America, South America, and Middle East and Africa). The report gives an in depth evaluation of the present market situation, the newest traits and drivers, and the general market setting. Download FREE Sample Report

Adventure Tourism Market: Segmentation Analysis

APAC is anticipated to lead the journey tourism market in the course of the forecast interval. The area will account for 31% of the market’s development. The area is anticipated to register the very best development owing to elements equivalent to the numerous improve in disposable revenue and the presence of quite a few unique locations. Moreover, market development on this area will likely be quicker than the expansion of the market in different areas. China and Japan are the important thing international locations for the journey tourism market within the area.

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The home journey tourism section is anticipated to witness important development in the course of the forecast interval, because the COVID-19 outbreak has restricted worldwide journey, and shopper spending energy has declined due to the financial slowdown. The development in home journey tourism can be pushed by the absence of foreign money alternate charges, favorable authorities rules, and familiarity with the tradition and language. In addition, the expansion of this section is pushed by the sturdy development in creating economies owing to a rise in assist alternatives by financial growth and regional financial advantages.

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Adventure Tourism Market: Driver and Trend

The growing disposable revenue is driving market development. For occasion, in accordance to the information acknowledged by the Bureau of Economic Analysis, in 2019, the disposable private revenue (DPI) after the revenue tax elevated from 0.3% in May 2019 to 0.4% in June 2019. According to the information printed by the Department of Commerce, 95.5 million worldwide guests are anticipated to go to the US yearly by 2023. This will enhance the demand for luxurious journey to numerous locations, which, in flip, will gasoline the market development in the course of the forecast interval.

Online opinions encouraging the journey trade is a key development out there. Travelers have a tendency to verify on-line opinions earlier than planning a go to, owing to straightforward web entry and the rise in smartphone penetration. They get all the required data and instruments in phrases of testimonials via these opinions. This permits vacationers to plan their journey and acquire meals and lodging amenities prematurely. In addition, on-line opinions present direct entry to photos, movies, opinions, climate stories, and maps and guides of the vacation spot. These elements will additional assist the market development.

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Adventure Tourism Market Scope

Report Coverage

Details

Page quantity

120

Base yr

2021

Forecast interval

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 38.87%

Market development 2022-2026

USD 2.50 trillion

Market construction

Fragmented

YoY development (%)

24.26

Regional evaluation

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key shopper international locations

US, China, Japan, Germany, Italy, US, China, Japan, Germany, and Italy

Competitive panorama

Leading firms, Competitive methods, Consumer engagement scope

Key firms profiled

Abercrombie and Kent USA LLC, Austin Adventures, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Exodus Travels Ltd., Explore Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group, Kensington Tours Ltd., Lindblad Expeditions Holdings Inc., MT Sobek, Passages Exotic Expeditions Ltd, Recreational Equipment Inc., ROW Adventures, The Walt Disney Co., Trafalgar Tours Pty Ltd, Travelopia, and TUI AG

Market dynamics

Parent market evaluation, Market development inducers and obstacles, Fast-growing and slow-growing section evaluation, COVID-19 influence and restoration evaluation and future shopper dynamics, and Market situation evaluation for the forecast interval.

Customization purview

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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of distributors included out there definition
  • 3.2 Market section evaluation 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 15: Data Table on Global – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year development 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year development 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces abstract 
    • Exhibit 18: Five forces evaluation – Comparison between2021 and 2026
  • 4.2 Bargaining energy of consumers 
    • Exhibit 19: Chart on Bargaining energy of consumers – Impact of key elements 2021 and 2026
  • 4.3 Bargaining energy of suppliers 
    • Exhibit 20: Bargaining energy of suppliers – Impact of key elements in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key elements in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key elements in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key elements in 2021 and 2026
  • 4.7 Market situation 
    • Exhibit 24: Chart on Market situation – Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments 
    • Exhibit 25: Chart on Type – Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Type – Market share 2021-2026 (%)
  • 5.2 Comparison by Type 
    • Exhibit 27: Chart on Comparison by Type
    • Exhibit 28: Data Table on Comparison by Type
  • 5.3 Domestic journey tourism – Market dimension and forecast 2021-2026 
    • Exhibit 29: Chart on Domestic journey tourism – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 30: Data Table on Domestic journey tourism – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 31: Chart on Domestic journey tourism – Year-over-year development 2021-2026 (%)
    • Exhibit 32: Data Table on Domestic journey tourism – Year-over-year development 2021-2026 (%)
  • 5.4 International journey tourism – Market dimension and forecast 2021-2026 
    • Exhibit 33: Chart on International journey tourism – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 34: Data Table on International journey tourism – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 35: Chart on International journey tourism – Year-over-year development 2021-2026 (%)
    • Exhibit 36: Data Table on International journey tourism – Year-over-year development 2021-2026 (%)
  • 5.5 Market alternative by Type 
    • Exhibit 37: Market alternative by Type ($ billion)

6 Market Segmentation by Source

  • 6.1 Market segments 
    • Exhibit 38: Chart on Source – Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Source – Market share 2021-2026 (%)
  • 6.2 Comparison by Source 
    • Exhibit 40: Chart on Comparison by Source
    • Exhibit 41: Data Table on Comparison by Source
  • 6.3 Indirect contribution – Market dimension and forecast 2021-2026 
    • Exhibit 42: Chart on Indirect contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 43: Data Table on Indirect contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 44: Chart on Indirect contribution – Year-over-year development 2021-2026 (%)
    • Exhibit 45: Data Table on Indirect contribution – Year-over-year development 2021-2026 (%)
  • 6.4 Direct contribution – Market dimension and forecast 2021-2026
    • Exhibit 46: Chart on Direct contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on Direct contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on Direct contribution – Year-over-year development 2021-2026 (%)
    • Exhibit 49: Data Table on Direct contribution – Year-over-year development 2021-2026 (%)
  • 6.5 Induced contribution – Market dimension and forecast 2021-2026
    • Exhibit 50: Chart on Induced contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on Induced contribution – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on Induced contribution – Year-over-year development 2021-2026 (%)
    • Exhibit 53: Data Table on Induced contribution – Year-over-year development 2021-2026 (%)
  • 6.6 Market alternative by Source 
    • Exhibit 54: Market alternative by Source ($ billion)

7 Customer Landscape

  • 7.1 Customer panorama overview 
    • Exhibit 55: Analysis of value sensitivity, lifecycle, buyer buy basket, adoption charges, and buy standards

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparability 
    • Exhibit 58: Chart on Geographic comparability
    • Exhibit 59: Data Table on Geographic comparability
  • 8.3 Europe – Market dimension and forecast 2021-2026
    • Exhibit 60: Chart on Europe – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 61: Data Table on Europe – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 62: Chart on Europe – Year-over-year development 2021-2026 (%)
    • Exhibit 63: Data Table on Europe – Year-over-year development 2021-2026 (%)
  • 8.4 APAC – Market dimension and forecast 2021-2026
    • Exhibit 64: Chart on APAC – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 65: Data Table on APAC – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 66: Chart on APAC – Year-over-year development 2021-2026 (%)
    • Exhibit 67: Data Table on APAC – Year-over-year development 2021-2026 (%)
  • 8.5 North America – Market dimension and forecast 2021-2026
    • Exhibit 68: Chart on North America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 69: Data Table on North America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 70: Chart on North America – Year-over-year development 2021-2026 (%)
    • Exhibit 71: Data Table on North America – Year-over-year development 2021-2026 (%)
  • 8.6 South America – Market dimension and forecast 2021-2026
    • Exhibit 72: Chart on South America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 73: Data Table on South America – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 74: Chart on South America – Year-over-year development 2021-2026 (%)
    • Exhibit 75: Data Table on South America – Year-over-year development 2021-2026 (%)
  • 8.7 Middle East and Africa – Market dimension and forecast 2021-2026 
    • Exhibit 76: Chart on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 77: Data Table on Middle East and Africa – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 78: Chart on Middle East and Africa – Year-over-year development 2021-2026 (%)
    • Exhibit 79: Data Table on Middle East and Africa – Year-over-year development 2021-2026 (%)
  • 8.8 US – Market dimension and forecast 2021-2026
    • Exhibit 80: Chart on US – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 81: Data Table on US – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 82: Chart on US – Year-over-year development 2021-2026 (%)
    • Exhibit 83: Data Table on US – Year-over-year development 2021-2026 (%)
  • 8.9 China – Market dimension and forecast 2021-2026 
    • Exhibit 84: Chart on China – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 85: Data Table on China – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 86: Chart on China – Year-over-year development 2021-2026 (%)
    • Exhibit 87: Data Table on China – Year-over-year development 2021-2026 (%)
  • 8.10 Germany – Market dimension and forecast 2021-2026
    • Exhibit 88: Chart on Germany – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 89: Data Table on Germany – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 90: Chart on Germany – Year-over-year development 2021-2026 (%)
    • Exhibit 91: Data Table on Germany – Year-over-year development 2021-2026 (%)
  • 8.11 Italy – Market dimension and forecast 2021-2026
    • Exhibit 92: Chart on Italy – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 93: Data Table on Italy – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 94: Chart on Italy – Year-over-year development 2021-2026 (%)
    • Exhibit 95: Data Table on Italy – Year-over-year development 2021-2026 (%)
  • 8.12 Japan – Market dimension and forecast 2021-2026
    • Exhibit 96: Chart on Japan – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 97: Data Table on Japan – Market dimension and forecast 2021-2026 ($ billion)
    • Exhibit 98: Chart on Japan – Year-over-year development 2021-2026 (%)
    • Exhibit 99: Data Table on Japan – Year-over-year development 2021-2026 (%)
  • 8.13 Market alternative by geography 
    • Exhibit 100: Market alternative by geography ($ billion)

9 Drivers, Challenges, and Trends

  • 9.3 Impact of drivers and challenges 
    • Exhibit 101: Impact of drivers and challenges in 2021 and 2026

10 Vendor Landscape

  • 10.2 Vendor panorama 
    • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 103: Overview on elements of disruption
  • 10.4 Industry dangers 
    • Exhibit 104: Impact of key dangers on business

11 Vendor Analysis

  • 11.1 Vendors lined 
    • Exhibit 105: Vendors lined
  • 11.2 Market positioning of distributors 
    • Exhibit 106: Matrix on vendor place and classification
  • 11.3 Abercrombie and Kent USA LLC 
    • Exhibit 107: Abercrombie and Kent USA LLC – Overview
    • Exhibit 108: Abercrombie and Kent USA LLC – Product / Service
    • Exhibit 109: Abercrombie and Kent USA LLC – Key choices
  • 11.4 Austin Adventures 
    • Exhibit 110: Austin Adventures – Overview
    • Exhibit 111: Austin Adventures – Product / Service
    • Exhibit 112: Austin Adventures – Key choices
  • 11.5 Butterfield and Robinson Inc. 
    • Exhibit 113: Butterfield and Robinson Inc. – Overview
    • Exhibit 114: Butterfield and Robinson Inc. – Product / Service
    • Exhibit 115: Butterfield and Robinson Inc. – Key choices
  • 11.6 G Adventures 
    • Exhibit 116: G Adventures – Overview
    • Exhibit 117: G Adventures – Product / Service
    • Exhibit 118: G Adventures – Key choices
  • 11.7 Intrepid Group 
    • Exhibit 119: Intrepid Group – Overview
    • Exhibit 120: Intrepid Group – Product / Service
    • Exhibit 121: Intrepid Group – Key choices
  • 11.8 Lindblad Expeditions Holdings Inc. 
    • Exhibit 122: Lindblad Expeditions Holdings Inc. – Overview
    • Exhibit 123: Lindblad Expeditions Holdings Inc. – Business segments
    • Exhibit 124: Lindblad Expeditions Holdings Inc. – Key choices
    • Exhibit 125: Lindblad Expeditions Holdings Inc. – Segment focus
  • 11.9 MT Sobek 
    • Exhibit 126: MT Sobek – Overview
    • Exhibit 127: MT Sobek – Product / Service
    • Exhibit 128: MT Sobek – Key choices
  • 11.10 Recreational Equipment Inc. 
    • Exhibit 129: Recreational Equipment Inc. – Overview
    • Exhibit 130: Recreational Equipment Inc. – Product / Service
    • Exhibit 131: Recreational Equipment Inc. – Key choices
  • 11.11 The Walt Disney Co. 
    • Exhibit 132: The Walt Disney Co. – Overview
    • Exhibit 133: The Walt Disney Co. – Business segments
    • Exhibit 134: The Walt Disney Co. – Key choices
    • Exhibit 135: The Walt Disney Co. – Segment focus
  • 11.12 TUI AG 
    • Exhibit 136: TUI AG – Overview
    • Exhibit 137: TUI AG – Business segments
    • Exhibit 138: TUI AG – Key choices
    • Exhibit 139: TUI AG – Segment focus

12 Appendix

  • 12.2 Inclusions and exclusions guidelines 
    • Exhibit 140: Inclusions guidelines
    • Exhibit 141: Exclusions guidelines
  • 12.3 Currency conversion charges for US$ 
    • Exhibit 142: Currency conversion charges for US$
  • 12.4 Research methodology 
    • Exhibit 143: Research methodology
    • Exhibit 144: Validation strategies employed for market sizing
    • Exhibit 145: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 146: List of abbreviations

About Technavio

Technavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation give attention to rising market traits and supply actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions.

With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.

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Website: www.technavio.com/

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