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Ecotourism Market to Surpass US$ 334.4 Billion at a CAGR of 20.7% by 2027

12-09-2022 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Ecotourism Market to Surpass US$ 334.4 Billion at a CAGR of 20.7%

IMARC Group has recently released a new research study titled "Ecotourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global ecotourism market size reached US$ 152.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 334.4 Billion by 2027, exhibiting a growth rate (CAGR) of 14.5% during 2022-2027. Ecotourism or nature tourism refers to a sustainable form of travel that maintains and preserves nature and the environment. It also aims to reduce the negative impact on the natural ecosystem. In ecotourism, the traveler goes to remote and pristine destinations consisting of flora, fauna, and other cultural heritage. National parks, marine parks, and parks with protected status, biodiversity, local culture, and traditional protectors of the natural environment are the main attraction for ecotourism. Recently, ecotourism has gained immense traction as it is a responsible travel experience that protects the environment and improves the quality of local lives.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/ecotourism-market/requestsample

Ecotourism Market Trends and Drivers:

The global ecotourism market is primarily driven by the rising travel and tourism activities. Besides this, governing agencies in various countries are taking initiatives that focus on energy efficiency and water reuse. They are also supporting ecotourism through education, information services, marketing, and collaborations with private enterprises. Moreover, the rising consciousness regarding global warming and the destruction of nature by tourists has encouraged hospitality providers to create eco-lodges or camps with wildlife tourism, bird watching, and coral reefs that cater to ecological conservation and build environmental awareness. Furthermore, rapid urbanization, increasing disposable income, and rising pollution levels are expected to escalate the demand for ecotourism across the globe.

Explore full report with table of contents: https://www.imarcgroup.com/ecotourism-market

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Traveler Type:

Solo
Group

Breakup by Age Group:

Generation X
Generation Y
Generation Z

Breakup by Sales Channel:

Travel Agent
Direct

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Adventure Alternative Ltd
Aracari Travel
BCD Travel
Expedia Group Inc.
FROSCH International Travel Inc.
G Adventures
Intrepid Group Limited
Rickshaw Travel Group
Small World Journeys Pty Ltd
Steppes Travel
Undiscovered Mountains Ltd.

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3958&flag=C

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Contact Us:

IMARC Services Private Limited

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

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