Ecotourism Market Share & Size Analysis, Growth, Trends, Report, 2024-2032

The global ecotourism market size was valued at USD 216.49 billion in 2023 and is expected to be worth USD 260.76 billion in 2024. The market is projected to reach USD 759.93 billion by 2032, recording a CAGR of 14.31% during the forecast period.

Ecotourism refers to all kinds of nature-based tourism that can help tourists gain experience of different cultures without disturbing the natural ecosystem. As more people are growing conscious about the impact of their daily choices on the environment, they are exploring untouched natural habitats to contribute to its conservation. Such initiatives are expected to bolster the ecotourism market growth.

Fortune Business Insights™ displays this information in a report titled, "Ecotourism Market, 2024-2032."

𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/ecotourism-market-108700

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝗘𝗰𝗼𝘁𝗼𝘂𝗿𝗶𝘀𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝐑𝐞𝐩𝐨𝐫𝐭:

‣ G Adventures (Canada)
‣ Adventure Alternative Ltd (Ireland)
‣ ROW Adventures (U.S.)
‣ Steppes Travel (U.K.)
‣ Aracari (U.S.)
‣ Small World Journeys (Australia)
‣ Black Kite Tour (Ethiopia)
‣ Global Sustainable Ecotours (U.S.)
‣ Discover Corps (U.S.)
‣ Rickshaw Travel Group (Tanzania)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: 𝗘𝗰𝗼𝘁𝗼𝘂𝗿𝗶𝘀𝗺 𝗠𝗮𝗿𝗸𝗲𝘁
Increasing Awareness Regarding Wildlife Conservation to Boost Nature & Wildlife Tourism

Based on type, the market is segregated into nature & wildlife tourism, agro-tourism, and others. The nature & wildlife tourism segment accounts for a major ecotourism market share as more people are becoming aware of the importance of conserving wildlife and participating in various programs for the same. This factor has opened more avenues for the market to grow.

Introduction of Holiday Packages for Couples & Groups to Increase Volume of Group Travelers

Based on traveler type, the market is segmented into solo and group. The group segment holds a major market share as many travel & tourism service providers are introducing vacation packages that offer lucrative discounts and other offers on hotel bookings and travel for couples and groups.

Large-Scale Internet Penetration to Fuel Adoption of Direct Booking Mode

Based on booking mode, the market is divided into direct and travel agent. The direct booking segment is expanding at a notable rate as more people are gaining access to the internet. This factor has increased the launch of quick & seamless mobile applications and company websites that facilitate simpler and faster direct bookings for customers.

Increasing Need to Experience Different Cultures to Boost Popularity of Ecotourism Among Millennials

Based on age group, the market is segmented into generation X, millennials, and generation Z. The millennial or segment is growing at a commendable rate as more millennials or people belonging to generation Y want to experience different cultures by traveling to culturally rich countries.

With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/ecotourism-market-108700

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The report includes:
‣ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
‣ Comprehensive insights into regional developments.
‣ List of major industry players.
‣ Key strategies adopted by the market players.
‣ Recent industry developments include product launches, partnerships, mergers, and acquisitions.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
Rise in Digital Marketing Initiatives to Boost Tourist Footfall Will Improve Market Progress

Digital marketing has played a crucial role in accelerating the growth of the travel & tourism sector as more people are obtaining access to the internet. Many travel & tourism companies are designing unique advertisements and posting them on social media platforms to encourage more customers to travel. Such initiatives are aimed at boosting the tourist footfall, which will further augment the market growth.

However, rising border conflicts between various nations can impede the market growth.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞 𝐍𝐨𝐰:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/ecotourism-market-108700

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
Rising Preference for Eco-Friendly Travel to Help Europe to Dominate Global Market

Europe has held a dominant position in the global market as more citizens across the region are looking for eco-friendly travel options to do their bit for the environment while enjoying their travel. Europe is one of the top regions with respect to tourism due to its cultural heritage and famous landscapes. These factors are expected to create several opportunities for the market to grow.

North America is also growing at a notable pace in the global market as ecotourism has gained a lot of popularity in the region in recent years. The rising interest in wildlife tourism and the exploration of natural habitats is driving the regional market growth.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Key Companies to Focus on Crucial Business Growth Strategies to Gain Competitive Edge

The ecotourism market is highly competitive as many renowned companies, such as Frosch International Travel, ROW Adventures, and G Adventures, among others, are focusing on developing strong business growth strategies. These include mergers, partnerships, and acquisitions to gain a strong competitive edge.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

Adventure Tourism Market
https://www.fortunebusinessinsights.com/adventure-tourism-market-107924

Agritourism Market

https://www.fortunebusinessinsights.com/agritourism-market-103297

Golf Tourism Market
https://www.fortunebusinessinsights.com/golf-tourism-market-104986

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
August 2023 - G Adventures announced its partnership with Jerne, which is a platform that connects content creators with experience providers of specific geographical areas and themes. This partnership will make the company's marketing strategy more effective and help enhance the customer reach.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
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This release was published on openPR.