openPR Logo
Press release

Adventure Tourism Market Expected to Reach $1,335,738 Million by 2023, CAGR 17.5%

06-11-2019 05:27 AM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Adventure Tourism Market

Adventure Tourism Market

According to a new report published by Allied Market Research, titled, Adventure Tourism Market by Type, Activity, Type of Traveler, Age Group, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023, The global adventure tourism market was valued at $444,850 million in 2016, and is projected to reach $1,335,738 million in 2023, registering a CAGR of 17.4 % from 2017 to 2023.

Access Full Summary at :www.alliedmarketresearch.com/adventure-tourism-market

Adventure tourism involves exploration or travel to remote exotic areas. It includes unique and challenging experiences during the vacation, in which travelers interact with local populations and connect with their core values. Adventure travel is a kind of niche tourism, which includes numerous activities such as caving, climbing, cycling, hiking, hunting, rafting, and others.

Adventure tourism is growing exponentially worldwide, as travelers prefer to visit previously undiscovered destinations. Moreover, with the increase in government initiatives in the form of public and private partnership to promote tourism has led to growth of the adventure tourism market. However, involvement of high risk in adventure travelling and unpredictable weather conditions hinder the growth of the market. Irrespective of challenges, increase in social media trend has created a huge opportunity for adventure travel market, as Facebook has become the most preferred social network among travelers to share experiences.

Download Sample Report: www.alliedmarketresearch.com/request-sample/1604

The market is segmented on the basis of type, activity, type of travelers, age group, sales channel, and geography. By type, the market is classified into hard, soft, and others. Based on activity, it is divided into land-based activity, water based-activity, and air-based activity. Depending on type of travelers, it is fragmented into solo, friends/group, couple, and family. According to age group, it is categorized into below 30 years, 30-41 years, 42-49 years, and 50 years & above. The sales channel segment includes travel agent and direct. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In 2016, the land-based activities was the leading revenue contributor to the global market. However, the air-based activities is expected to witness lucrative growth rate during the forecast period.

Key Findings of the Adventure Tourism Market::
In 2016, Europe dominated the global market with more than one-third share, in terms of value.
Asia-Pacific is estimated to witness the highest growth rate during the forecast period.
Soft adventure segment generated the highest revenue to the global market in 2016, and is expected to grow at a CAGR of 17.8%.
The air-based activity segment is estimated to register the highest growth rate, in terms of revenue, registering a CAGR of 18.2%.

For Purchase Enquiry: www.alliedmarketresearch.com/purchase-enquiry/1604

The key players profiled in the report are Austin Adventures, Inc., G Adventures Inc., Mountain Travel Sobek, TUI AG., ROW Adventures, REI Adventures, InnerAsia Travel Group, Inc., Intrepid Group Limited, Butterfield & Robinson Management Services, Inc., and Abercrombie & Kent Group of Companies S.A.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Adventure Tourism Market Expected to Reach $1,335,738 Million by 2023, CAGR 17.5% here

News-ID: 1770398 • Views: 145

More Releases from Allied Market Research

Olive Market to Witness a Pronounce Growth During 2025 – Top Key Players Like …
Olive is a small, oval-shaped, bitter tasting fruit obtained from the evergreen olive tree (Olea Europaea) found in the Mediterranean basin. Olives are also known as table olives. Unprocessed olives are rich in nutrients such as potassium, iron, calcium, phosphorus, copper, sodium, vitamin E, and manganese. The consumption of olive provides several health benefits such as avoiding cardiovascular diseases, protection against colon, skin, breast cancer & anemia, controls blood pressure,
Pneumococcal Polysaccharide Vaccine Market Opportunities Estimate To Grow At A S …
Pneumococcal disease is an infection caused by the Streptococcus pneumoniae bacteria, which especially affects infants and children below 5 years of age. Pneumococcal polysaccharide vaccine is derived from a capsular polysaccharide. These vaccinations induce specific antibodies, which kills the bacteria by opsonization or phagocytosis. The major factors that contribute to the growth of the pneumococcal polysaccharide vaccine market include increasing prevalence of pneumonia globally, improving healthcare infrastructure, rise in government focus
4.3% CAGR Achieved by Cosmetics Market 2022 with Leading Key Players LOreal, Uni …
Global Cosmetics Market is estimated to reach $429.8 billion, with a CAGR of 4.3% from 2016 to 2022, according to new research published by Allied Market Research. Europe dominated the global cosmetics market and is expected to maintain its dominance throughout the analysis period. Skincare and sun care, and hair care products are widely used cosmetics, collectively accounting for nearly 3/5th of the global cosmetics market revenue in 2015, as
B2C E-commerce Market Comprehensive Study Explores Huge Growth in Future 2026 | …
B2C e-commerce refers to the online platform for providing services and products to the consumer directly from the business owners. At present, e-commerce is common, owing to its wide range in households globally. Digital revolution has helped the B2C services to become intrinsic part of everyday lives of people globally. In addition, increase in shipping and distribution organizations has propelled the global B2C e-commerce market. In the last decade, the

All 11571 Releases


More Releases for Adventure

Global Adventure Tourism: Insight into key adventure tourism trends and the dema …
ReportsWeb.com published “Adventure Tourism Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Publisher's "Global Adventure Tourism", report provides insight into key adventure tourism trends and the demands of adventure tourists. It offers profile and demographic preferences of adventure tourists. The report shades light into future prospects and
Bicycle Tourism: Exciting Adventure on Two Wheels
Bicycle tourism typically means independent cycle trips which are done for adventure and pleasure. Bicycle tourism entirely finishes the need of sports or exercise as cycling itself is a great source of exercise. Bicycle tourism can be either single or multi-day trips. In some cases bicycle tourism can extend to even months depending on the distance covered. Bicycle tours are generally planned either by participants themselves or organised by cycling
Hannover Adventure Zoo is millionaire
Eight days earlier than in record-breaking year 2010, Hannover Adventure Zoo was pleased to welcome its millionth visitor on August 3, 2011. The guest of honor, Katja Seeliger from Rellingen close to Hamburg, entered the zoo at exactly 9.44 am and received a special welcome gift: a voucher for an annual ticket as well as a private audience with coaty Diego for all the family. For the 9th year
Della Adventure India's Largest Adventure Park
Della Adventure is India's Largest Adventure Park, Resort and World Class Corporate Training Destination. Located at Kunegaon, Lonavala away from the rough and tumble of city life, comes a place that redefines “a weekend getaway”. India’s largest outdoor recreation destination – DELLA ADVENTURE. Della Adventure, India's Largest Recreation - Land of Happiness is the brainchild of Jimmy Mistry – Founder, Della Adventure. It is a place that gives a new
EXOTISSIMO LAUNCHES ‘FAMILY SOFT ADVENTURE HOLIDAY’PACKAGE
Premier destination management company of South East Asia – Exotissimo Travel - today launched a new product under adventure travel. This holiday package includes 7 days, 6 nights in Cambodia highlights the gateway to the Angkor temples, Siem Reap and temple exploration. It is also complimented with bike rides, treasure hunts in the depths jungle covered temples and gives travelers genuine opportunities for cultural exchange with the local people. On the
Adventure PHP Framework (APF) 1.12 released
The free Adventure PHP Framework in version 1.12 has been released. The framework is designed to assist the developer with the implementation of object oriented and reusable PHP based web applications and encourages the use of design patterns. Release 1.12 is focused on the improvement of the programming interface (API). Generically named methods were replaced by self-explaining equivalents, code parts for PHP 4 compatibility were removed, and exceptions were introduced to