PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358114
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358114
Wildlife Hunting Tourism Market, By Type, By Species type, By Contribution, By Geography
The global wildlife hunting tourism market was valued at US$ 369.6 Mn in 2022 and is expected to reach US$ 1,775.7 Mn by 2030, exhibiting a CAGR of 21.7% during the forecast period.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 369.6 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 21.70% | 2030 Value Projection: | US$ 1,775.7 Mn |
Wildlife tourism is a branch of the tourism industry in many countries that focuses on observing and interacting with local animals and plants in their natural environments. Wildlife is a renewable resource with a surplus, hunter's aid in maintaining a healthy wildlife population for the habitat through wildlife hunting.
Market Dynamics
Wildlife hunting tourism is an effective way to raise revenue and create economic incentives for wildlife conservation. According to the U.S. National Shooting Sports Foundation (NSSF), in 2021, the average annual expenditure on hunting and fishing equipment per consumer unit in the US increased to nearly US$ 59
Wildlife hunting tourism helps African nations practice conservation while also improving the livelihoods of rural and indigenous people so that it reduces their dependence on foreign aid. These nations follow revenue-sharing agreements between rural communities, private enterprises, and conservation agencies. These communities are then paid 50% of the revenues generated by the tourism activity. In 2022, According to Property and Environment Research Center (PERC, a conservation and research institute dedicated to free market environmentalism), trophy hunting will account for 90% of revenue generated through campfire.
Due to the governments of countries like South Africa and Namibia's commitment to wildlife conservation, the wildlife conservation factor is expected to have a negative impact on the global wildlife hunting tourism market. There are various wildlife welfare organizations, such as the Born Free Foundation and Humane Society International, among others that are creating awareness about wildlife conservation and discouraging people from wildlife hunting. Moreover, they also pressure governments to ban wildlife hunting in their countries. This factor is expected to hamper market growth of the global wildlife hunting tourism over the forecast period. These associations refute claims that wildlife hunting benefits conservation and contributes significantly to local economies.
Key features of the study:
- This report provides an in-depth analysis of the global wildlife hunting tourism market, its market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global wildlife hunting tourism market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global wildlife hunting tourism market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global wildlife hunting tourism market.
Detailed Segmentation:
- Global Wildlife Hunting Tourism Market By Type:
- Big Game Trophy
- Small Game Trophy
- Skill Hunting
- Global Wildlife Hunting Tourism Market, By Species type:
- Ungulates
- Rodents
- Birds
- Carnivores
- Others
- Global Wildlife Hunting Tourism Market, By Contribution:
- Transportation
- Accommodation
- Food & Dining
- Equipment
- Others
- Global Wildlife Hunting Tourism Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Safari Club International
- Cabela's
- Bass Pro Shops
- Remington Outdoor Company
- Beretta
- Hunters Hill Safaris
- Weatherby
- Leica
- Winchester Ammunition
- Orvis
- Hornady
- Blaser Group
- Zeiss
- Sako
- Norma
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Species type
- Market Snippet, By Contribution
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Wildlife Hunting Tourism Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Wildlife Hunting Tourism Market - COVID-19
- Impact Analysis
5. Global Wildlife Hunting Tourism Market, By Type, 2023-2030(US$ Million)
- Introduction
- Market Share Analysis, 2023, 2026 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
- Big Game Trophy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Small Game Trophy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Skill Hunting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
6. Global Wildlife Hunting Tourism Market, By Species Type, 2023-2030(US$ Million)
- Introduction
- Market Share Analysis, 2023, 2026 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
- Ungulates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Rodents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Birds
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Carnivores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
7. Global Wildlife Hunting Tourism Market, By Contribution, 2023-2030(US$ Million )
- Introduction
- Market Share Analysis, 2023, 2026 and 2030 (%)
- Y-o-Y Growth Analysis, 2023-2030
- Segment Trends
- Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Accommodation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Food & Dining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Million )
8. Global Wildlife Hunting Tourism Market, By Region, 2023-2030(US$ Million )
- Introduction
- Market Share Analysis, By Region, 2023, 2026 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2023-2030
- North America
- Market Size and Forecast, By Type, 2022- 2030 (US$ Million )
- Market Size and Forecast, By Species Type, 2023-2030(US$ Million)
- Market Size and Forecast, By Contribution, 2023-2030(US$ Million )
- Market Share Analysis, By Country, 2023, 2026, and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Country Trends
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Type, 2023-2030(US$ Million )
- Market Size and Forecast, By Species Type, 2023-2030(US$ Million)
- Market Size and Forecast, By Contribution, 2023-2030(US$ Million )
- Market Share Analysis, By Country, 2023, 2026, and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Country Trends
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Size and Forecast, By Type, 2023-2030(US$ Million )
- Market Size and Forecast, By Species Type, 2023-2030(US$ Million)
- Market Size and Forecast, By Contribution, 2023-2030(US$ Million )
- Market Share Analysis, By Country, 2023, 2026, and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Country Trends
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Type, 2023-2030(US$ Million )
- Market Size and Forecast, By Species Type, 2023-2030(US$ Million)
- Market Size and Forecast, By Contribution, 2023-2030(US$ Million )
- Market Share Analysis, By Country, 2023, 2026, and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 - 2030
- Country Trends
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East And Africa
- Market Size and Forecast, By Type, 2023-2030(US$ Million )
- Market Size and Forecast, By Species Type, 2023-2030(US$ Million)
- Market Size and Forecast, By Contribution, 2023-2030(US$ Million)
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Safari Club International
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Cabela's
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Bass Pro Shops
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Remington Outdoor Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Beretta
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Hunters Hill Safaris
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Weatherby
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Leica
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Winchester Ammunition
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Orvis
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Hornady
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Blaser Group
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Zeiss
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Sako
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Norma
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
10. Section
- References
- Research Methodology
- About us and Sales Contact
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