Adventure Tourism Market Size- By Type, By Activity, By Group, By Booking Mode, By Age Group- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

Global Adventure Tourism Market Overview

According to SPER Market Research, the Global Adventure Tourism Market is estimated to reach USD 1187.73 billion by 2032 with a CAGR of 15.46%.

Travel that includes activities like caving, climbing, cycling, hiking, hunting, rafting, and others is called adventure tourism. Adventure tourism is one of the fastest-growing divisions of the constantly expanding tourism industry. Asia-Pacific is one of the most popular vacation destinations because of its beautiful landscapes, delectable cuisine, and convenient lodging options. Cities like Sydney, Melbourne, Brisbane, and Perth permit a wide variety of activities based on land, sea, and the air. Asia-Pacific is also home to beaches and a wildlife refuge, which adds to the region's appeal as a tourism destination.

The expansion of the adventure tourism industry can be linked to the country's appealing terrain and the wide range of activities that are offered in its many towns. Also, increased government initiatives to encourage tourism along with deliberate marketing actions made by industry participants drive the global economy. The risk associated with adventure travel and unpredictability of the weather, however, restrain worldwide market expansion. These elements could cause adventure tourism to fail, which would hinder the market's expansion.

Impact of COVID-19 on the Global Adventure Tourism Market

The adventure travel and tourism sector has been greatly impacted by the COVID-19 outbreak on a global scale. Travel and tourism have been severely impacted by the broad containment and mitigation efforts to halt the spread of the virus. Although nations are gradually moving toward a staged easing of regulations, there is still a high danger of abrupt changes to air travel, visa, and quarantine policies, as well as long-lasting confidence consequences, particularly among older and more affluent tourists.

The significant financial and social consequences of the pandemic will probably leave tourism-dependent countries (TDC) damaged, ushering in a post-pandemic "new normal." The COVID-19 outbreak has had a significant global impact on the adventure travel and tourism industry. The extensive containment and mitigation measures taken to stop the virus's spread have had a significant negative impact on travel and tourism.

Scope of the Report

Report Metric Details:

Market size available for years 2019-2032

Base year considered 2021

Forecast period 2022-2032

Segments covered By Type, By Activity, By Group, By Booking Mode, By Age Group

Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America

Companies Covered Austin Adventures, Inc., Butterfield & Robinson Inc., Cox & Kings Ltd., Discovery Nomads, G Adventures, Geographic Expeditions Inc., Intrepid Group, Itd., Mountain Travel Sobek, Tui Group

Global Adventure Tourism Market Segmentation:

By Type: Based on the Type, Global Adventure Tourism Market is segmented as; Hard, Soft, Others.

By Activity: Based on the Activity, Global Adventure Tourism Market is segmented as; Air-based Activity, Land-based Activity, Water-based Activity.

By Age Group: Based on the Age Group, Global Adventure Tourism Market is segmented as; 28 and under, 29-40, 41-50, 51-60, 61-70, 71 and over.

By Region: With about a third of the global market share for adventure tourism, Europe was the largest market by region in terms of revenue generation. Asia-Pacific is anticipated to continue to grow significantly throughout the projected period, with the greatest growth rate.

Product Code: TRAT2306

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Adventure Tourism Market

5. Market variables and outlook

5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Competitive Landscape

6.1 Global Adventure Tourism Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Adventure Tourism Market

7. Global Adventure Tourism Market, By Type, 2019-2032 (USD Million)

7.1 Hard
7.2 Soft
7.3 Others

8. Global Adventure Tourism Market, By Activity, 2019-2032 (USD Million)

8.1 Air-based Activity
8.2 Land-based Activity
8.3 Water-based Activity

9. Global Adventure Tourism Market, By Group, 2019-2032 (USD Million)

9.1 Couples
9.2 Family
9.3 Friends/Groups
9.4 Solo

10. Global Adventure Tourism Market, By Booking Mode, 2019-2032 (USD Million)

10.1 Direct
10.2 Marketplace Booking
10.3 Travel Agent

11. Global Adventure Tourism Market, By Age Group, 2019-2032 (USD Million)

11.1 28 and under
11.2 29-40
11.3 41-50
11.4 51-60
11.5 61-70
11.6 71 and over

12. Global Adventure Tourism Market, By Region, 2019-2032 (USD Million)

12.1 Global Adventure Tourism Market and Market Share by Region (2019-2025)
12.2 Global Adventure Tourism Market and Market Share by Region (2026-2032)
12.3 Asia-Pacific
- 12.3.1 Australia
- 12.3.2 China
- 12.3.3 India
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 Rest of Asia-Pacific
12.4 Europe
- 12.4.1 France
- 12.4.2 Germany
- 12.4.3 Italy
- 12.4.4 Spain
- 12.4.5 United Kingdom
- 12.4.6 Rest of Europe
12.5 Middle East and Africa
- 12.5.1 Kingdom of Saudi Arabia
- 12.5.2 United Arab Emirates
- 12.5.3 Rest of Middle East & Africa
12.6 North America
- 12.6.1 Canada
- 12.6.2 Mexico
- 12.6.3 United States
12.7 Latin America
- 12.7.1 Argentina
- 12.7.2 Brazil
- 12.7.3 Rest of Latin America

13. Company Profiles

13.1 Austin Adventures, Inc.
- 13.1.1 Company details
- 13.1.2 Financial outlook
- 13.1.3 Product summary
- 13.1.4 Recent developments
13.2 Butterfield & Robinson Inc.
- 13.2.1 Company details
- 13.2.2 Financial outlook
- 13.2.3 Product summary
- 13.2.4 Recent developments
13.3 Cox & Kings Ltd.
- 13.3.1 Company details
- 13.3.2 Financial outlook
- 13.3.3 Product summary
- 13.3.4 Recent developments
13.4 Discovery Nomads
- 13.4.1 Company details
- 13.4.2 Financial outlook
- 13.4.3 Product summary
- 13.4.4 Recent developments
13.5 G Adventures
- 13.5.1 Company details
- 13.5.2 Financial outlook
- 13.5.3 Product summary
- 13.5.4 Recent developments
13.6 Geographic Expeditions Inc.
- 13.6.1 Company details
- 13.6.2 Financial outlook
- 13.6.3 Product summary
- 13.6.4 Recent developments
13.7 Intrepid Group, Itd.
- 13.7.1 Company details
- 13.7.2 Financial outlook
- 13.7.3 Product summary
- 13.7.4 Recent developments
13.8 Mountain Travel Sobek
- 13.8.1 Company details
- 13.8.2 Financial outlook
- 13.8.3 Product summary
- 13.8.4 Recent developments
13.9 Tui Group
- 13.9.1 Company details
- 13.9.2 Financial outlook
- 13.9.3 Product summary
- 13.9.4 Recent developments