openPR Logo
Press release

Ecotourism Market is Expected to Reach at a US$ 90.95 Billion by the End of 2033 | Future Market Insights

Ecotourism Market

Ecotourism Market

The global ecotourism market size is set to reach US$ 22.48 billion in 2023. Overall sales of ecotourism are likely to surge at 15% CAGR, taking the forecasted market valuation to US$ 90.95 billion by the end of 2033.

The growth of the global ecotourism market can be attributed to the rising popularity of outdoor leisure activities, solo travel, and immersion travel in response to rising urbanization and incomes. Moreover, the best hotel chains are investing in social media marketing and using novel approaches to construct eco-lodges and camps, design trails, and organize excursions.

Get your Sample Report to Boost Your Industry Knowledge for Valuable Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-32

They are studying the ecological and cultural impacts of ecotourism and working on projects that promote recycling, priorities energy efficiency, and reuse water to create jobs for locals. Because of this, the market is growing. Growth in the global ecotourism market is expected, in part because many national governments are actively promoting the industry through public education, training programs, data collection and analysis, and business partnerships.

Nepal, for example, which is at the forefront of unique sustainable tourism locations worldwide and which saw a remarkable 24% increase in passengers in 2020, totaling 1,172,052 at the end of the year, is one of the countries credited with providing the growth factors. Similarly, 2019 saw over two million tourists visit Kenya, a 35.7% increase from the previous year. Destinations like Costa Rica, the Galapagos Islands, and Panama are at the forefront of the sustainable tourism movement. Governments' newfound focus on tourist security has also contributed to an uptick in international visitors, which in turn has boosted the sustainable tourism industry.

Key Takeaways

Drivers:

Increasing demand for sustainable and responsible tourism practices.
Growing interest in nature-based tourism activities.
Rise of eco-conscious millennials and Gen Z travelers.

Opportunities:

Expansion of sustainable tourism to emerging markets.
Development of unique and authentic ecotourism experiences.
Embracing technology to reach a wider audience.

Restraints:

High initial investment costs.
Limited infrastructure and accessibility in some destinations.
Dependence on natural resources, which can be impacted by climate change.

Challenges:

Balancing sustainable tourism development with conservation efforts.
Ensuring sustainable practices throughout the entire tourism supply chain.
Dealing with the negative impacts of mass tourism in some destinations.

Unlock In-Depth Insights: Dive into the details! Explore the full report to gain a comprehensive understanding of the data! https://www.futuremarketinsights.com/reports/gcc-ecotourism-market

Competitive Landscape

Adventure Alternative Ltd, Aracari, Black Kite tour PLC, G Adventures, Frosch International Travel, Gondwana Ecotours, Discover Corps, ROW Adventures, Natural Habitat Adventuresm, and Cheesemans' Ecology Safaris are just a few of the major companies in the ecotourism industry. These major tour operators are making serious efforts to improve their standing in the industry and provide ecotourists around the world with genuine, in-depth adventures.

 Recent Developments

Wetravel, Inc. has teamed up with Tourism Cares to offer a new academy course titled Introduction to Sustainable Tourism in June 2022. The recently released training provides tourism businesses with an entry-level course that is expected to help them stay informed, actively participate, and advocate for change.

In July 2022, Rabbie's, a major UK tour operator, introduced two eco-friendly itineraries in Scotland. The newly introduced tours are a part of the company's 'We Care About There' initiative, which promotes responsible and sustainable tourism by providing a unique and meaningful experience for its customers.

Italian global cruise line MSC Cruises launched nearly 1,400 sustainability-themed summer tours in May 2022 to highlight the company's commitment to environmental responsibility. The new itinerary was created to promote "nature-positive" pursuits and lessen the negative effects of tourism.

Request the Full Report Methodology Now!
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-32

Key Segments

By Type:

Nature & Wildlife
Cultural
Rural

By Tour Type:

Independent Traveler
Tour Group
Package Traveler

By Tourist Type:

Domestic
International

By Consumer Orientation:

Men
Women
Children

By Age Group:

15 to 25 Years
26 to 35 Years
36 to 45 Years
46 to 55 Years
56 to 65 Years
66 to 75 Years

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

Read Related Reports

Travel Accessories Market - http://www.futuremarketinsights.com/reports/travel-accessories-market

Travel Bags Market - https://www.futuremarketinsights.com/reports/travel-bags-market

Pet Travel Services Market - http://www.futuremarketinsights.com/reports/pet-travel-services-market

Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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 Ecotourism Market is Expected to Reach at a US$ 90.95 Billion by the End of 2033 | Future Market Insights here

News-ID: 3214228 • Views:

More Releases from Future Market Insights Inc

Protective Building Materials Market to Reach USD 53.9 Billion by 2035, Driven by Energy Efficiency and Infrastructure Boom
Protective Building Materials Market to Reach USD 53.9 Billion by 2035, Driven b …
The global Protective Building Materials Market will surge from an estimated USD 33.1 billion in 2025 to USD 53.9 billion by 2035, exhibiting a robust Compound Annual Growth Rate (CAGR) of 5.0%. This strong growth trajectory is fueled by increasing regulatory demands for building safety and energy efficiency, coupled with accelerating urbanization and massive infrastructure investments worldwide. The market analysis highlights a pivotal shift towards materials that offer superior durability, fire
Hydrophilic Coating Market Poised for 5.7% CAGR, Reaching USD 36.6 Billion by 2035, Driven by Critical Medical Device Demand
Hydrophilic Coating Market Poised for 5.7% CAGR, Reaching USD 36.6 Billion by 20 …
The global Hydrophilic Coating Market is set for robust expansion, with its valuation expected to climb from an estimated USD 21.0 billion in 2025 to a projected USD 36.6 billion by 2035, reflecting a CAGR of 5.7% over the forecast period. This significant growth trajectory is primarily powered by the essential role these advanced coatings play in enhancing patient safety and procedural efficiency across the rapidly advancing medical device sector. The
Fireproof Insulation Market to Reach USD 43.0 Billion by 2035, Driven by Stringent Safety Codes and Green Building Mandates
Fireproof Insulation Market to Reach USD 43.0 Billion by 2035, Driven by Stringe …
The global Fireproof Insulation Market is set for robust expansion, projected to grow from an estimated USD 30.5 billion in 2025 to USD 43.0 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 3.5% over the forecast period. This significant growth trajectory is primarily fueled by increasing global emphasis on safety, energy efficiency, and compliance with increasingly stringent building and fire safety regulations. The competitive landscape, which includes major
Benzoic Acid Market Set for Robust Growth, Projected to Hit USD 2.0 Billion by 2035 | Future Market Insights, Inc.
Benzoic Acid Market Set for Robust Growth, Projected to Hit USD 2.0 Billion by 2 …
The global Benzoic Acid Market is poised for significant expansion, driven by its essential role as a chemical intermediate and a crucial preservative across multiple high-growth industries. A new market forecast projects the sector's valuation to increase from an estimated USD 1.2 billion in 2025 to USD 2.0 billion by 2035, registering a steady Compound Annual Growth Rate (CAGR) of 5.3% over the decade. The upward trajectory is primarily fueled by

All 5 Releases


More Releases for Travel

Solo Travel Service Market Next Big Thing | Ftlo Travel, Weroad Travel, EL Camin …
The "Solo Travel Service - Market Development Outlook" Study has been added to AMA repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to build strong players coverage in the study. Some of the major and emerging players identified are Exodus Travel (United Kingdom), G Adventures (Canada), Ftlo Travel (Canada), Weroad Travel (United Kingdom), EL Camino Travel (United
Honeymoon Travel Market to Witness Remarkable Growth by 2029 | AAA Travel, World …
HTF MI introduces new research on Honeymoon Travel covering the micro level of analysis by competitors and key business segments (2023-2029). The Honeymoon Travel explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled
Travel Agencies Market Giants Spending Is Going To Boom | Carlson Wagonlit Trave …
Advance Market Analytics published a new research publication on "Global Travel Agencies Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Travel Agencies market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Educational Travel Market to See Competition Rise | STA Travel, Key Travel, Elli …
According to HTF Market Intelligence, the Global Educational Travel market to witness a CAGR of 17.01% during forecast period of 2023-2028. The market is segmented by Global Educational Travel Market Breakdown by Application (Primary School Students, Middle & High School Students, College Students) by Type (Below 3 Days, 3 to 7 Days, Above 7 Days) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Educational Travel market
Excellent Growth of Business Travel Management Service Market Key Players- Carls …
“Business Travel Management Service Industry 2020 Market Research Report” A new report added by reportsandmarkets.com to its research database. Business Travel Management Service Market is segmented by Regions/Countries. All the key market aspects that influence the Business Travel Management Service market presently and will have an impact on it have been evaluated and propounded in the Business Travel Management Service market research status and development trends reviewed in the new
Honeymoon Tourism Market Is Thriving Worldwide : China Travel, HRG North America …
A fresh market research study titled Honeymoon Tourism Market explores several significant facets related to Honeymoon Tourism Market covering industry environment, segmentation analysis, and competitive landscape. Realistic concepts of the market are mentioned in a simple and plain manner in this report. A comprehensive and elaborate primary analysis report highlights numerous facts such as development factors, business enhancement strategies, statistical growth, financial gain or loss to help readers and clients