Press release
Sustainable Tourism Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Sustainable Tourism
The rise of eco-conscious travelers is expected to propel the growth of the sustainable tourism market. Eco-conscious travelers prioritize minimizing their environmental impact while supporting sustainable travel practices. This shift is driven by growing awareness of environmental issues such as climate change and pollution, along with the availability of eco-friendly travel options. For instance, in April 2022, Booking.com reported that 71% of UK travelers prioritized sustainable travel, with 42% of them influenced by climate change news to make more eco-friendly choices. This increasing focus on sustainable travel practices is driving the growth of the sustainable tourism market.
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What is the future CAGR of the sustainable tourism market, and how will it impact industry expansion?
The sustainable tourism market has grown rapidly in recent years. It is set to grow from $3278.2 billion in 2024 to $3764.92 billion in 2025, at a CAGR of 14.8%. This growth can be attributed to rising environmental awareness, concerns about climate change, a growing demand for eco-friendly accommodations, the expansion of the global tourism sector, and increased media coverage of environmental issues.
The sustainable tourism market is expected to reach $6,492.89 billion by 2029, with a CAGR of 14.6%. Growth will be driven by consumer demand for eco-friendly travel, corporate sustainability, green certifications, supportive government policies, and rising eco-tourism among younger generations. Trends include renewable energy adoption, low-impact travel options, sustainable certifications, and efforts to reduce travel carbon footprints.
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What are the most significant trends transforming the sustainable tourism market today?
Companies in the sustainable tourism market are shifting toward eco-friendly accommodations and infrastructure, such as eco-conscious lodgings, to enhance brand reputation, attract eco-conscious travelers, and meet the growing demand for responsible travel options. Eco-conscious lodgings minimize environmental impact by incorporating energy-efficient systems, water-saving technologies, waste reduction practices, sustainable sourcing, and green certifications. For instance, in May 2024, Eco Hotels, an India-based hospitality company, launched Eco Satva, a net-carbon-zero hotel offering eco-friendly accommodations and sustainable infrastructure. The hotel integrates renewable energy, waste reduction practices, and offers a purely vegetarian experience, aligning with the company's commitment to sustainable hospitality and meeting the demand for environmentally conscious travel options.
Which key market segments comprise the sustainable tourism market and drive its revenue growth?
The sustainable tourism market covered in this report is segmented -
1) By Type: Coastal Tourism, Mountain Tourism, Island Tourism
2) By Tourism Type: Domestic, International
3) By Booking Channel: Phone Booking, Online Booking, In Person Booking
4) By Application: Solo, Group, Family, Couples
Subsegments:
1) By Coastal Tourism: Beach Tourism, Eco-Friendly Coastal Tours, Marine Tourism, Sustainable Water Sports, Coastal Ecotourism
2) By Mountain Tourism: Eco-Friendly Hiking And Trekking, Mountain Climbing, Sustainable Ski Tourism, Mountain Ecotourism, Nature Conservation Expeditions
3) By Island Tourism: Ecological Island Tours, Sustainable Island Resorts, Marine Conservation Tours, Wildlife And Bird Watching On Islands, Eco-Friendly Boat Tours
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Which geographical regions are pioneering growth in the sustainable tourism market?
North America was the largest region in the sustainable tourism market in 2023. The regions covered in the sustainable tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the sustainable tourism market?
Major companies operating in the sustainable tourism market are Marriott International Inc., Booking.com B.V., Airbnb Inc., REI Adventures LLC, The Travel Corporation Ltd., TripAdvisor Inc., Contiki Holidays Ltd., Intrepid Travel Pty Ltd, G Adventures Inc., AndBeyond Holdings Proprietary Ltd., Gondwana Ecotours LLC, Tourism Holdings Limited, Backroads Inc., Natural Habitat Adventures Inc., Wildland Trekking Inc., Wilderness Safaris Pty Ltd, Topdeck Travel Ltd., Butterfield & Robinson Inc., Tucan Travel Ltd., Exodus Travels Ltd., Sustainable Travel International Inc., Responsible Travel Ltd., Kuoda Travel, Experience Travel Group Ltd., Aracari Travel Ltd., Wild Frontiers Adventure Travel Ltd., Beyonder Experiences LLP, Ecoventura S.A., Trafalgar Tours Ltd., Adventure Life Inc.
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What Is Covered In The Sustainable Tourism Global Market Report?
•Market Size Forecast: Examine the sustainable tourism market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sustainable tourism market for a structured understanding.
•Key Players Overview: Analyze major players in the sustainable tourism market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sustainable tourism market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sustainable tourism market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sustainable tourism market.
•Industry Challenges: Identify potential risks and obstacles affecting the sustainable tourism market.
•Competitive Landscape: Review strategic developments in the sustainable tourism market, including expansions, agreements, and new product launches.
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