Press release
Global Ecotourism Market To Witness Exponential Growth By 2027, Says Allied Market Research
Ecotourism Market
Shankar Bhandalkar, Lead Analyst, Team Lead-Research, Consumer Goods at Allied Market Research, highlighted, “The rise of travel and tourism to unique destinations has shown significant resilience globally. Iceland, Kenya, Palau, and Nepal are the trending hotspots in unique eco-tourism destinations travelled across.”
The global ecotourism market across North America is projected to exhibit the fastest CAGR throughout the forecast period.
According to the report, the market across Asia-Pacific dominated with the largest revenue share in 2019, owing to the presence of large number of millennial travelers in the region. At the same time, North America would grow at the fastest CAGR throughout the forecast period. This is due to large number of environment-conscious travelers and rapid adoption of digital media to travel to new destinations.
Request Free Sample Report Now: https://www.alliedmarketresearch.com/request-sample/6729
The global ecotourism market is analyzed across traveler type, age group, sales channel, and region. Based on traveler type, the group segment accounted for nearly four-fifths of the total market share in 2019, and would retain its dominance during the forecast period. Several security concerns at new and unexplored destinations encourage people to travel in a group. This factor drives the segment growth. At the same time, the solo segment would portray the fastest CAGR of 15.9% from 2021 to 2027. This is attributed to the benefits of being in charge of the whole travel schedule, possibility of gathering new experiences, prospects to meet new people, and gaining a sense of empowerment altogether.
Based on age group, the generation Y segment contributed to the major share in 2019, generating nearly three-fifths of the global market, owing to high environmental consciousness and growing preference toward spending on unique experiences than on that of materialistic things. Simultaneously, the generation Z segment would portray the fastest CAGR of 15.6% from 2021 to 2027. Improvement of digital marketing strategies to attract customers and unique, interactive, and social experiences sought by travelers propel the segment growth.
Inquire More About this Report: https://www.alliedmarketresearch.com/purchase-enquiry/6729
The global ecotourism market report includes a comprehensive analysis of the major market players such as Aracari Travel, FROSCH International Travel, Inc., Adventure Alternative, Travel Leaders Group, LLC, Steppes discovery, Small World Journeys Pty Ltd., Intrepid Group Limited, RICKSHAW TRAVEL GROUP, G Adventures, and Undiscovered Mountains Ltd.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States Toll Free: 1-800-792-5285 |UK: +44-845-528-1300 | Hong Kong: +852-301-84916 | India (Pune): +91-20-66346060 | Fax: +1-855-550-5975 Email” help@alliedmarketresearch.com
About Allied Market Research:
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 offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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 Global Ecotourism Market To Witness Exponential Growth By 2027, Says Allied Market Research here
News-ID: 2288292 • Views: …
More Releases from Allied Market Research
Corrugated Packaging Market Growth Expected to See Next Level at a CAGR of 4.1% …
A report by Allied Market Research projects that the global corrugated packaging industry is expected to grow at a CAGR of 4.1% from 2022 to 2031, reaching $198.8 billion by 2031. This in-depth study delivers critical insights into market size, share, trends, segmental performance, regional developments, and competitive dynamics.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/15880
Designed to aid businesses, investors, stakeholders, and new entrants, the report supports strategic decision-making…
Chlorinated Paraffin Market Expanding at a Healthy CAGR of 5.4% by 2031
The Allied Market Research report presents an in-depth analysis of the global chlorinated paraffin industry, highlighting its current size, future projections, and segmentation by type, solution, and end user. It offers a detailed geographical breakdown across these segments and provides a comprehensive sectoral overview for the forecast period. The study explores key factors driving market growth, examines major segments, profiles leading players, and analyzes the competitive landscape. The report delivers…
Automotive Films Market Expected to reach a valuation USD 11.4 billion by 2033
Allied Market Research's report offers a comprehensive evaluation of the competitive landscape within the automotive films industry, designed to help industry leaders enhance revenue and maintain a strategic advantage. Leveraging analytical tools like Porter's Five Forces analysis, the report explores market dynamics and identifies key investment opportunities. The industry is expected to grow at a CAGR of 5.2% from 2024 to 2033, reaching $11.4 billion by 2033. The sector was…
Agricultural Films Market to Expand at a CAGR of 6.5% will Reach $21.1 Bn by the …
The Allied Market Research report provides a comprehensive analysis of the global agricultural films market, offering valuable insights into current market size and projected growth across various segments based on type, solution, and end user. The study includes an in-depth regional assessment and delivers a thorough overview of market dynamics throughout the forecast period. It highlights the key drivers propelling industry growth, examines prominent segments, and evaluates the competitive landscape…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
