According to the latest report by IMARC Group, titled “Adventure Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global adventure tourism market size reached US$ 852.4 Billion in 2021.
Adventure tourism represents a traveling niche wherein tourists engage and perform various physical activities in a natural environment to explore exotic places and cultural immersion. It includes rock climbing, rafting, caving, hunting, and cycling as some of the common activities organized under expert supervision. Adventure tourism helps ensure personal growth, enhance physical strength, maintain mental health, reduce stress, and motivate travelers to connect with the core values of local people. Currently, it is mainly categorized into soft and hard adventure tourism types.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Adventure Tourism Market Trends:
One of the prime factors currently driving the market growth is the significant expansion in the tourism sector. This is further supported by the increasing demand for personalized traveling experiences amongst tourists for exploring attractive destinations. Additionally, the rising disposable incomes and the growing demand for air, water, and land-based sports activities are propelling the market growth. Moreover, the increasing environmental concerns have prompted governments to promote sustainable adventure tourism, which, in turn, is impelling the market growth. Other factors, such as the availability of reasonable travel packages, widespread adoption of promotional marketing techniques, and the introduction of mobile-friendly navigation solutions to offer video tours and provide estimated trip costs, are positively stimulating the market growth. Looking forward, the market is expected to grow at a CAGR of 20.23% during the forecast period (2022-2027).
Adventure Tourism Market 2022-2027 Competitive Analysis and Segmentation:
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global adventure tourism market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, activity, age group and sales channel.
- Abercrombie & Kent USA LLC
- Austin Adventures Inc
- Butterfield & Robinson Inc
- Cox & Kings Ltd
- Discovery Nomads
- G Adventures
- Geographic Expeditions Inc
- Intrepid Group Limited
- Mountain Travel Sobek
- Recreational Equipment Inc
- ROW Adventures
- TUI AG.
Breakup by Type:
- Hard Adventure
- Soft Adventure
Breakup by Activity:
- Land-based Activity
- Water-based Activity
- Air-based Activity
Breakup by Age Group:
- Below 30 Years
- 30–41 Years
- 42–49 Years
- 50 Years and Above
Breakup by Sales Channel:
- Travel Agent
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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List of Figures
Figure 1: Global: Adventure Tourism Market: Major Drivers and Challenges
Figure 2: Global: Adventure Tourism Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Adventure Tourism Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Adventure Tourism Market: Breakup by Type (in %), 2021
Figure 5: Global: Adventure Tourism Market: Breakup by Activity (in %), 2021
Figure 6: Global: Adventure Tourism Market: Breakup by Age Group (in %), 2021
Figure 7: Global: Adventure Tourism Market: Breakup by Sales Channel (in %), 2021
Figure 8: Global: Adventure Tourism Market: Breakup by Region (in %), 2021
Figure 9: Global: Adventure Tourism (Hard Adventure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Adventure Tourism (Hard Adventure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Adventure Tourism (Soft Adventure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Adventure Tourism (Soft Adventure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Adventure Tourism (Land-based Activity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Adventure Tourism (Land-based Activity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Adventure Tourism (Water-based Activity) Market: Sales Value (in Million US$), 2016 & 2021