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Adventure Tourism Market Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025

05-16-2019 08:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Adroit Market Research

Adventure Tourism Market Product Size, Application

The global adventure tourism market size was accounted for $ xxxxxx million in the historical year (2017), is projected to rise with a substantial CAGR of xx.x % over the forecast period (2018-2025) and reach to $ xxxxxx million by the end of 2025. Key factors driving the adventure tourism market growth is developing government initiatives for the promotion of tourism. Moreover, growth in social media trend is creating beneficial opportunities for the adventure tourism service providers, since Facebook is one the most preferred social networking site among the tourists. On the other hand, adventure travelling involve a lot of risk along with irregular weather conditions are some major factor that can restraint the growth of the adventure tourism industry.

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The global market of adventure tourism has been segmented by different type, sales channel, activity, age group, type of traveler and geography. Further, type segment of the market is sub-segmented into soft, hard and others. Likewise, activity is sub-divided into water-based activity, land-based activity and air-based activity. Type of traveler is segregated into friends/group, solo, couple and family. On the basis of age group, market is fragmented into 30-41 Years, 42-49 years, below 30 years and 50 years & above. Sales channel segment of the adventure tourism market has been categorized to travel agent as well as direct. Furthermore geographically, the market has been analyzed across several key regions including Asia-Pacific, North America, Europe and LAMEA.

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In addition, soft sub-segment of type segment leads the global adventure tourism market, due to the moderate to low risks involved. Moreover, land-based activity is probable of dominating the global market in upcoming years, as less skill-set is involved when compared with water-based and air-based activities. Asia-Pacific region is expected to register growth at substantial CAGR and acquire the major adventure tourism market share across the globe. Moreover, some of the major factors contributing towards the growth of regional market include economic growth, intensifying competition, simplification of travel restrictions as well as progressive strategies adopted for promotion by the regional tourism organizations. Key players operating in the competitive landscape of the global adventure tourism market include G Adventures Inc., TUI AG., ROW Adventures, InnerAsia Travel Group Inc., REI Adventures, Austin Adventures Inc., Butterfield & Robinson Management Services Inc., Intrepid Group Limited, Abercrombie & Kent Group of Companies S.A and Mountain Travel Sobek.

For Any Query on the Adventure Tourism Market @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/423

Key segments of the global adventure tourism market include:
Type Segment
• Hard
• Soft
• Others
• Activity Segment
• Land-based Activity
• Water-based Activity
• Air-based Activity
• Type of Travelers Segment
• Solo
• Friends/Group
• Couple
• Family

Age Group Segment
• Below 30 Years
• 30-41 Years
• 42-49 Years
• 50 Years & Above
• Sales Channel Segment
• Travel Agent
• Direct

Geographical Segment
• North America
• The U.S.
• Mexico
• Canada
• Europe
• Switzerland
• Germany
• Norway
• Italy
• Rest of Europe
• Asia-Pacific
• Australia
• China
• New Zealand
• India
• Japan
• Rest of Asia-Pacific
• LAMEA
• Latin America
• Middle-East & Africa

We are here to provide credible market intelligence with actionable insights. We believe that with the fast changing business environment and rapid turns in economic cycles, a lot is overlooked. With the aid of technology, a large amount of data is produced which is waiting to be analyzed and patterned. The insights which can be mined from such a large amount of data can enable businesses to grow at a pace of their choosing, be it long term goals or short-term goals. Being aware of the market movements allows for agility and agility is one of the highest rated characteristics of modern businesses.

Contact Name: Ryan Johnson
Contact Email: sales@adroitmarketresearch.com
Contact Phone: +1 (214) 884-6068

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