PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1265377
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1265377
According to SPER Market Research, the Global Tourism and Water Sports Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Global Tourism and Water Sports Market refers to the market for activities related to tourism and water sports, which include recreational activities that are conducted in or on water bodies like rivers, lakes, seas, and oceans. Tourism is the act of travelling for pleasure, and it involves activities like sightseeing, visiting historical sites, and experiencing new cultures. Water sports, on the other hand, include activities such as surfing, kayaking, jet skiing, water skiing, snorkelling, and scuba diving.
The COVID-19 pandemic had a significant impact on the Global Tourism and Water Sports Market. Due to the outbreak of the pandemic, many countries have imposed travel restrictions, and people have been advised to avoid non-essential travel. As a result, the tourism industry has been greatly affected, with many tourist destinations shutting down and people cancelling their travel plans. This has led to a decline in the demand for tourism-related services, including water sports activities.