Press release
+18 % CAGR Will be Achieved By Adventure Tourism Market Outlook to 2025 – Top International Players - Austin Adventures, Mountain Travel Sobek, TUI AG, ROW Adventures, Inner Asia Travel Group
The Adventure Tourism Market is continuously growing across the world over the coming years. Adventure tourism refers exploration or travel with a certain degree of risk faced during the vacation. Some of the activities involved during adventure tourism include caving, climbing, cycling, hiking, rafting, and other activities. Escalating disposable income of the individuals, surging focus as travelers are keen to visit undiscovered destinations and surging trend of social media are the substantial drivers of the market across the globe. Moreover, changing lifestyle & consumer behavior is likely to create lucrative opportunity in the near future. Further, adventure tourism offers various benefits such as it boost self confidence of traveler, it spark the desire o explore, it offer life changing experiences, it helps to feel gratitude & improve mindfulness, it improves mental health & reduces stress and many more. Therefore, these benefit also rising interest of adventure tourism among its users. However, high cost of tourism and increase in terrorism & crime rates are the factors that limiting the market growth of Adventure Tourism across the world.The global adventure tourism market was valued at $444,852 million in 2016, and is projected to reach $1,335,750 million in 2025, registering a CAGR of 18.5 % from 2017 to 2025.
The regional analysis of Global Adventure Tourism Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to increasing frequency of tourists in the region. Europe is estimated to grow at higher rate in the global Adventure Tourism market over the upcoming years. North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to rapid development in tourism infrastructure and increasing disposable income of the individuals in the region.
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Major Market Players
• Austin Adventures Inc.
• Mountain Travel Sobek
• TUI AG
• ROW Adventures
• Inner Asia Travel Group
• Butterfield & Robinson Management Services Inc.
By Activity:
Land-based Activity
Water-based Activity
Air-based Activity
By Types of Travelers:
Solo
Friends/Group
Couple
Family
By Age Group:
Below 30 Years
30-41 Years
42-49 Years
50 Years & Above
By Sales Channel:
Travel Agent
Direct
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Target Audience of the Global Adventure Tourism Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of Contents:
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Industry Trend Analysis
Chapter 4 Industry Chain Analysis
Chapter 5 Latest Industry Dynamics
Chapter 6 Trading Analysis
Chapter 7 Historical and Current Adventure Tourism Industry in North America (2014-2018)
Chapter 8 Historical and Current Adventure Tourism Industry in South America (2014-2018)
Chapter 9 Historical and Current Adventure Tourism Industry in Asia & Pacific (2014-2018)
Chapter 10 Historical and Current Adventure Tourism Industry in Europe (2014-2018)
Chapter 11 Summary for Global Adventure Tourism Industry (2014-2018)
Chapter 12 Global Adventure Tourism Industry Forecast (2019-2025)
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