Press release
Growth of Adventure Tourism Boosts The Outdoor Vacation Market Driver: A Major Catalyst in the Evolution of the Outdoor Vacation Market in 2025
"What market dynamics are playing a key role in accelerating the growth of the outdoor vacation market?The growing interest in adventure tourism is projected to propel the outdoor vacation market. Adventure tourism, which involves physical activities like hiking, kayaking, and climbing in remote locations, caters to individuals seeking unique experiences. With improved access to once-remote destinations and a desire for personal challenges, outdoor vacations are gaining popularity. According to UN Tourism, international travel reached 80% of pre-pandemic levels in early 2023, signaling growth in the tourism industry. As adventure tourism rises, so does the demand for outdoor vacations.
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How will the growth rate of the outdoor vacation market shape industry trends by 2034?
The outdoor vacation market has experienced exponential growth, expanding from $841.01 billion in 2024 to $1010.9 billion in 2025 at a CAGR of 20.2%. This growth has been driven by increasing disposable income, rising health awareness, growing interest in adventure travel, government tourism promotion, and increased middle-class spending.
The outdoor vacation market is set for rapid expansion, reaching $2084.76 billion in 2029 at a CAGR of 19.8%. Growth will be driven by remote work trends, improved global transportation, increased demand for high-quality outdoor gear, rising ecotourism interest, and climate-conscious travel preferences. Major trends include IoT and AI adoption, virtual reality tourism, contactless payments, mobile payment growth, and integrated payment systems.
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What trends are poised to drive the future success of the outdoor vacation market?
Companies operating in the outdoor vacation market are offering adventure tours to cater to thrill-seekers and provide unique experiences. Trek Travel, a US-based company, launched new hiking and walking tours in March 2024, with destinations including Italy's Cinque Terre, Scotland, Portugal, and Ireland, offering guests premium accommodations and expert guides for unforgettable experiences.
Which primary segments of the outdoor vacation market are driving growth and industry transformations?
The outdoor vacation market covered in this report is segmented -
1) By Tour Type: Volunteering Trips, Culinary Tour, Leisure Tour, Heritage Trip, Other Tour Types
2) By Traveler Type: Couple, Family, Solo, Group
3) By Age Group: Generation Z, Millennial, Generation X, Baby Boomers, Other Age Groups
4) By Mode Of Booking: Travel Agent, Online Travel Agency
Subsegments:
1) By Volunteering Trips: Conservation and Wildlife Projects, Community Development Programs, Eco-Tourism Volunteering
2) By Culinary Tour: Local Food and Wine Tours, Cooking Classes and Workshops, Farm-to-Table Experiences
3) By Leisure Tour: Beach Vacations, Wellness Retreats, Adventure and Relaxation Combo Tours
4) By Heritage Trip: Historical Site Tours, Cultural Immersion Experiences, Religious Pilgrimages
5) By Other Tour Types: Adventure Travel (Hiking, Trekking), Wildlife Safaris, Photography Tours
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Which region dominates the outdoor vacation market?
North America was the largest region in the outdoor vacation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the outdoor vacation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the outdoor vacation market landscape?
Major companies operating in the outdoor vacation market are American Express, Expedia Inc., Recreational Equipment Inc., Travel + Leisure, World Travel Inc., Abercrombie & Kent USA LLC, Intrepid Travel, Thomas Cook, Kensington Tours Ltd., G Adventures, Micato Safaris, Backroads, Autocamp, Hipcamp Inc., Butterfield & Robinson, Zicasso, Exodus Travels Limited, Scott Dunn Ltd., JTB Americas Ltd., Austin Adventures, Cox & Kings, Outdoor Travel Adventures
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What Is Covered In The Outdoor Vacation Global Market Report?
•Market Size Forecast: Examine the outdoor vacation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the outdoor vacation market for a structured understanding.
•Key Players Overview: Analyze major players in the outdoor vacation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the outdoor vacation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the outdoor vacation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the outdoor vacation market.
•Industry Challenges: Identify potential risks and obstacles affecting the outdoor vacation market.
•Competitive Landscape: Review strategic developments in the outdoor vacation market, including expansions, agreements, and new product launches.
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