Press release
Global Ethno Tourism Community Based Eco Tourism Market to Reach $27.62 Billion by 2029, Growing at 19.6% CAGR
What market dynamics are playing a key role in accelerating the growth of the ethno tourism community based eco tourism market?The ethno-tourism community-based eco-tourism market is projected to experience a boost as a result of the expansion of the tourism sector. Comprising businesses and services which facilitate travel and leisure to generate memorable experiences and economic benefits, the tourism sector is currently in a growth phase. This growth can be attributed to favorable economic conditions as well as cultural and social trends, both of which influence the preferences of travellers and contribute to the success of tourism initiatives. As the tourism sector thrives, it propels demand for distinct travel experiences that emphasize sustainability and cultural engagement, thus fuelling the ethno-tourism and community-based eco-tourism market. For instance, a report from the United Nations World Tourism Organization, a Spain-based specialized agency, stated that in May 2023, there was a significant rebound in international tourist arrivals. They reached 80% of pre-pandemic levels with around 235 million travellers, over double the number recorded in the corresponding period of 2022. Consequently, the ethno tourism community-based eco-tourism market is growing, powered by the expansion of the larger tourism sector.
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How will the growth rate of the ethno tourism community based eco tourism market shape industry trends by 2034?
In recent times, the market size for ethnographic community-centered ecotourism has seen significant growth. The market is expected to expand from $11.24 billion in 2024 to $13.49 billion in 2025 with a compound annual growth rate (CAGR) of 20.0%. The historical growth in this sector can be traced back to factors such as heightened interest in cultural heritage globally, increased awareness about environmental issues, a rising demand for authentic travel experiences, the proliferation of eco-conscious accommodations as well as the rise of responsible travel.
The market for ethno-tourism community-based eco-tourism is forecasted to experience accelerated growth in the coming years, reaching a value of $27.62 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 19.6%. This growth during the forecast period is predicted to be driven by factors such as rising consumer interest for sustainable approaches, increased community empowerment activities, advancements in eco-tourism technologies, heightened global recognition of aboriginal rights, and the constant expansion of tailored travel experiences. Expectations for the forecast period entail the growth of niche eco-tourism locations, partnerships between tourism operators and indigenous communities, increasing demand for wellness and regenerative travel, a greater emphasis on cultural authenticity and heritage conservation, and the emergence of low-impact travel technologies.
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What trends are poised to drive the future success of the ethno tourism community based eco tourism market?
Leading firms in the ethno tourism community-centric eco-tourism market are working on creating ethical tours, providing travelers the chance to discover places in a responsible manner. These ethical tours are not just about travel experiences, but they are also about encouraging responsible and sustainable tourism, focusing on the prosperity of local communities, safeguarding culture, and environmental conservation. In recent developments, Rabbie's Tours, a UK-based touring firm, collaborated with VisitScotland, another UK-based national tourism board, to introduce two trips that are both sustainable and responsible. These tours stand out due to their commitment to offer travel experiences that focus on sustainability and responsibility. Their five-day tour, Orkney & Scotland's Northern Coast, lets tourists connect with local residents who are committed to protecting Scotland's cultural heritage and encourages visits to famous sites such as Glencoe and Rannoch Moor, Loch Ness, Skara Brae and Ring of Brodgar, Culloden, and John o'Groats.
Which primary segments of the ethno tourism community based eco tourism market are driving growth and industry transformations?
The ethno tourism community based eco tourismmarket covered in this report is segmented -
1) By Type: Domestic Ethno Tourism, International Ethno Tourism
2) By Accommodation: Farm Stays, Cottage Rentals, Eco-Lodges, Homestays
3) By Demographic: Male, Female, Kids
4) By Age Group: Below 15 Years, 16 To 25 Years, 26 To 35 Years, 36 To 45 Years, 46 To 55 Years, Above 55 Years
5) By Application: Solo Travelers, Couples, Families, Other Applications
Subsegments:
1) By Domestic Ethno Tourism: Cultural Immersion And Heritage Tours, Indigenous Community Experiences, Traditional Craft Workshops And Artisanal Tours, Eco-Friendly Village Stays And Homestays, Festivals And Local Celebrations Participation, Traditional Food And Culinary Experiences, Nature And Wildlife Tours In Indigenous Territories, Rural And Tribal Community Experiences.
2) By International Ethno Tourism: Cultural Exchange Programs With Indigenous Communities, Indigenous Art And Craft Tours In Foreign Destinations, International Village Stays And Homestays, Expeditionary Travel To Remote Indigenous Areas, World Heritage Sites And Cultural Preservation Tours, Cross-Cultural Immersion Programs, Global Eco-Tourism Events And Festivals, Sustainable Tourism Practices In International Indigenous Communities
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Which geographical regions are pioneering growth in the ethno tourism community based eco tourism market?
Asia-Pacific was the largest region in the ethno tourism community based eco-tourism market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the ethno tourism community based eco-tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the ethno tourism community based eco tourism market landscape?
Major companies operating in the ethno tourism community based eco-tourism market are Marriott International Inc., Booking Holdings, Expedia Group Inc., Hilton Worldwide Holdings, Airbnb Inc., InterContinental Hotels Group (IHG), Accor SA, Trip, American Express Global Business Travel, Blue Yonder Inc., G Adventures, Natural Habitat Adventures, TourRadar GmbH, Intrepid Group Limited, Indiahikes, Mountain Travel Sobek Co., Rainforest Expeditions Lodges, Spring Valley Farms LLP, Responsible Travel, Elevate Destinations, Grassroutes Journeys Pvt Ltd., NotOnMap, Sumak Sustainable Travel Ltd., Sacred Earth Journeys Ltd., Wildland Adventures
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What Is Covered In The Ethno Tourism Community Based Eco Tourism Global Market Report?
•Market Size Forecast: Examine the ethno tourism community based eco tourism market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the ethno tourism community based eco tourism market for a structured understanding.
•Key Players Overview: Analyze major players in the ethno tourism community based eco tourism market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ethno tourism community based eco tourism market.
•Segment Contributions: Evaluate how different segments drive overall growth in the ethno tourism community based eco tourism market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ethno tourism community based eco tourism market.
•Industry Challenges: Identify potential risks and obstacles affecting the ethno tourism community based eco tourism market.
•Competitive Landscape: Review strategic developments in the ethno tourism community based eco tourism market, including expansions, agreements, and new product launches.
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