Sustainable Tourism Industry Review, Market Trends, and Growth Forecast Report 2024-2031 | Wilderness Safaris, Basecamp Explorer AS

The sustainable tourism market is estimated to be valued at USD 2.61 Bn in 2024 and is expected to reach USD 8.73 Bn by 2031, growing at a compound annual growth rate (CAGR) of 18.8% from 2024 to 2031.

The latest market intelligence report published by CMI with the title "Global Sustainable Tourism Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Consumer Goods industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Sustainable Tourism Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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Key trends Sustainable Tourism Market

1. Increased Consumer Awareness: There is a growing awareness among travelers about the environmental and social impacts of tourism. Consumers are increasingly seeking eco-friendly travel options and are more inclined to support businesses that prioritize sustainability and ethical practices.

2. Preference for Authentic Experiences: Tourists are gravitating toward authentic and immersive experiences that allow them to engage with local cultures and communities. This trend is leading to the rise of community-based tourism, where travelers seek to understand and contribute to the destinations they visit.

3. Focus on Carbon Neutrality: The travel industry is increasingly emphasizing carbon neutrality, with many companies committing to offsetting their carbon footprints. This includes adopting more sustainable transportation options, such as electric vehicles, and promoting eco-friendly accommodations.

4. Integration of Technology: Technology is playing a crucial role in promoting sustainable tourism. From apps that help travelers find eco-friendly accommodations to platforms that facilitate responsible travel practices, technology is enhancing the ability to make sustainable choices while traveling.

5. Support for Local Economies: There is a growing trend toward supporting local economies by choosing local businesses, products, and services. Tourists are more likely to seek out locally owned hotels, restaurants, and tour operators, contributing to community well-being and resilience.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• Type:
Coastal Tourism
Mountain Tourism
Island Tourism
Others

• Traveler Type:
Solo
Group
Family
Couples

• Age Group:
Millennial
Baby Boomers
Generation X
Silver hair

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

• Wilderness Safaris
• Basecamp Explorer AS
• Wild Frontiers Adventures Travel
• Beyonder Experiences
• Bouteco
• Cheeseman's Ecological Safaris
• G Adventures Inc.
• Gondwana Ecotours
• Inkaterra
• Intrepid Group Pty Limited
• LooLa Adventure Resort
• NATIVE TOURS
• Natural Habitat Adventures
• Responsible Travel
• Row Adventures
• Sustainable Travel International
• Tourism Holdings Limited
• Undiscovered Mountains
• Vagabond Tours Limited

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Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Sustainable Tourism Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Sustainable Tourism Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Sustainable Tourism market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Sustainable Tourism market?
4. What are the prominent market trends influencing the development of the Sustainable Tourism market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Sustainable Tourism market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Sustainable Tourism and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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