Adventure Tourism Market on Track to Hit $2 Trillion Globally

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Adventure Tourism Market

Adventure Tourism Market

According to a new report published by Allied Market Research, titled, “Adventure Tourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Activity, by Type of Traveler, by Age Group, by Sales Channel: Global Opportunity Analysis and Industry Forecast, 2023-2032”. The global adventure tourism market size was valued at $324.9 billion in 2022, and is projected to reach $2 trillion by 2032, growing at a CAGR of 19.5% from 2023 to 2032. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ @https://www.alliedmarketresearch.com/request-sample/1604

The global adventure tourism market is experiencing growth due to various factors, including the increase in the level of income in emerging geographical areas and reduced costs relating to air travel and accommodation, mobile applications, big data analytics, and artificial intelligence evolving together amidst proliferating tourism industry, and high penetration of the internet.

By type, the soft segment accounted for the major market share in 2022, garnering more than half of the global adventure tourism market revenue, and is expected to retain its dominance throughout the forecast period. The same segment would also portray the fastest CAGR of 19.7% from 2023 to 2032. This is because the moderate to low-risk level activities in this category make it highly accessible to people of different age groups. Furthermore, the increased inclination of tourists, especially the elderly people towards experiencing the natural environment and learning.

By activity, the land-based activity segment held the highest market share in 2022, holding more than half of the global adventure tourism market revenue, and is projected to rule the roost by 2032. This is because land-based activities are often easier and require less monetary investment from the travelers. The air-based activity segment, on the other hand, would display the fastest CAGR of 20.2% from 2023 to 2032. This is because it provides people with the adventurous experience of flying and thrill, which attracts young travelers.

By age group, the 30 to 41 years segment held the major market share in 2022, contributing to more than two-fifths of the global adventure tourism market revenue, and is expected to maintain its lion’s share throughout the forecast period. The same segment would also showcase the fastest CAGR of 19.8% from 2023 to 2032. This is because people in this age group may afford frequent travel to various parts of the world, which positively impacts the growth of the tourism industry worldwide.

๐…๐‹๐€๐’๐‡ ๐’๐€๐‹๐„ (๐“๐ข๐ฅ๐ฅ ๐Ÿ๐Ÿ“๐ญ๐ก ๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’) ๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐‚๐ก๐ž๐œ๐ค๐จ๐ฎ๐ญ ๐ฅ๐ข๐ง๐ค @https://www.alliedmarketresearch.com/checkout-final/595d08d35e72a17fc20abb642821b2a7

By sales channel, the direct segment held the highest market share in 2022, accounting for nearly three-fifths of the global adventure tourism market revenue, and is expected to maintain its lead position during the forecast period. The same segment would also cite the fastest CAGR of 19.7% from 2023 to 2032. This is because of the increase in the ease of making travel arrangements due to improvements in technology.

On the basis of region, Asia-Pacific is expected to witness the highest growth during the forecast period since the Asia-Pacific adventure tourism market attracts numerous adventure travelers from around the globe. The region offers diverse activities such as wildlife reserves and national parks such as Sundarbans in India, Mt. Everest in Nepal, rain forests in Borneo, and whale watching & scouting kiwis in New Zealand to explore.

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ:

โ—‹ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the adventure tourism market analysis from 2022 to 2032 to identify the prevailing adventure tourism market opportunities.

โ—‹ The market research is offered along with information related to key drivers, restraints, and opportunities.

โ—‹ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

โ—‹ In-depth analysis of the adventure tourism market segmentation assists to determine the prevailing market opportunities.

โ—‹ Major countries in each region are mapped according to their revenue contribution to the global market.

โ—‹ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

โ—‹ The report includes the analysis of the regional as well as global adventure tourism market trends, key players, market segments, application areas, and market growth strategies.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐€๐ฌ๐ค ๐Ž๐ฎ๐ซ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ๐ฌ) @https://www.alliedmarketresearch.com/purchase-enquiry/1604

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  “๐€๐Œ๐‘ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ—‹ Community Based Tourism Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/community-based-tourism-market-A223024

โ—‹ Traditional Travel Agency Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/traditional-travel-agency-market-A200324

โ—‹ Leisure Travel Market is projected to reach $1,737.3 billion by 2027

https://www.alliedmarketresearch.com/leisure-travel-market

โ—‹ Ecotourism Market Revenue To Register Robust Growth Rate During 2027

https://www.alliedmarketresearch.com/eco-tourism-market-A06364

โ—‹ Driving Vacation Market is projected to reach $513.3 billion by 2031

https://www.alliedmarketresearch.com/driving-vacation-market-A17517

โ—‹ Travel Risk Management Services Market is projected to reach $223.62 billion by 2031

https://www.alliedmarketresearch.com/travel-risk-management-services-market-A06585

โ—‹ Virtual Tour Market is projected to reach $6.5 billion by 2030

https://www.alliedmarketresearch.com/virtual-tour-market-A15786

โ—‹ Sustainable Tourism Market Current Trends and Growth Drivers, Key Industry Players

https://www.alliedmarketresearch.com/sustainable-tourism-market-A06549

โ—‹ Diving Tourism Market Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/diving-tourism-market-A159086

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

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