International Journey Tourism Market Report 2021: Market will Regularly Get better from the Begin of 2022

DUBLIN, May 24, 2021 / PRNewswire / – The “Adventure Tourism Market By Type, Activity, Type of Travelers, Age Group – Global Opportunity Analysis and Industry Forecast, 2020-2030” The report has been added to the ResearchAndMarkets.com offering.

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The size of the global adventure tourism market has been rated with USD 657.8 million in 2019 an amount of $ 2.02 billion by 2030 with a CAGR of 10.7% from 2020 to 2030.

Adventure tourism involves exploring exotic destinations, exploring remote areas, discovering the wilderness, and traveling to other destinations outside of your comfort zone that include physical activities, sharing cultural values, and making a deeper connection with nature. This niche tourism carries some level of real / perceived risk or physical danger and may require special skills and physical exertion.

Adventure tourism includes various air, water and land activities such as mountaineering, trekking, hiking, diving, canyoning, sand boarding, paragliding, rafting and others. These activities are carried out under the guided supervision of experts, with all safety measures such as helmets, harnesses and others in place to avoid mishaps.

Market dynamics and trends:

Until the Covid-19 pandemic, the global adventure tourism industry was on the rise with increasing globalization, multinational events and concerts. This trend was interrupted in 2020, but with the introduction of vaccines on a global scale, the tourism industry is expected to gradually recover from early 2022.

The rapid recovery of the tourism industry, youth’s propensity to explore undiscovered travel destinations, increasing demands on adventure sports and adequate travel packages should complement market growth over the forecast period.

However, factors such as potential risks related to adventure travel, unpredictable climatic conditions, and the possibility of mishaps are expected to hamper the growth of the global adventure tourism market during the forecast period. On the other hand, the rise in travel trends on social media and the strong competition among travel agents in providing adequate travel packages are the factors that will drive the growth of the adventure tourism market in the future.

Geographical Analysis:

North America is expected to dominate the global adventure tourism market and hold the highest market share during the forecast period. This is due to factors such as the presence of various adventurous places, high disposable per capita income, increased service offerings, and a surge in social media trends for visiting new places on vacation.

Asia Pacific is expected to grow at the highest CAGR over the forecast period as public-private initiatives to promote tourism and the propensity of youth to adventure sports increase

Competitive landscape:

The highly competitive global adventure tourism market consists of diverse market participants. Some of the key market players are G Adventures Inc., Austin Adventures, Inc., Mountain Travel Sobek, ROW Adventures, TUI AG., Recerational Equipment Inc., Intrepid Group Limited, InnerAsia Travel Group, Inc., Zhonghong Holdings Co., Ltd. and Butterfield & Robinson Management Services, Inc., others.

The story goes on

Efforts to date, present developments as well as futuristic advances combine to capture the overall growth of the adventure tourism market. For example in January 2020Austin Adventures was a pioneer in multi-sport and family adventure travel, offering more than eighty trips on all seven continents, including one trip for each month of the year.

Recently, the top five players in the global adventure tourism market announced 5 exotic travel destinations to visit in 2020: ROW Adventures announced “Founder’s Trip To” Turkey, ‘the backroads announced’Sardinia & Corsica Multi-Adventure Tour ‘, a trip off the beaten path in Italy and FranceAustin Adventures announced the “Wyoming Yellowstone & Grand Teton National Parks Family Outing” AlaskaThe Classic Journeys announced “Galapagos Island Trip” and Wilderness Travel announced “Hiking in the Heavenly Mountains of” Kyrgyzstan‘.

Main topics covered:

1 Introduction
1.1. Report description
1.2. Research methodology
1.2.1 Desk research
1.2.2 Data analysis framework
1.2.3 Estimation of the market size
1.2.4 Forecast
1.2.5 Primary research and data validation

2nd market snapshot, 2019-$ 2030 million
2.1. Market snapshot

3. Porter’s Five Forces Model Analysis

4. Market dynamics
4.1. Growth accelerator
4.2. Challenges
4.3. opportunities

5. Global Adventure Tourism Market By Type
5.1. overview
5.2. Heavy
5.3. Gently
5.4. Other

6. Global Adventure Tourism Market By Activity
6.1. overview
6.2. Air based
6.3. Country based
6.4. On an aqueous basis

7. Global Traveler Type Adventure Tourism Market
7.1. overview
7.2. solo
7.3. group
7.4. Pair
7.5. family

8. Global Adventure Tourism Market By Age Groups
8.1. overview
8.2. > 30 years
8.3. 30-41 years
8.4. 42-49 years
8.5. <_0 />
9. Global Adventure Tourism Market By Distribution Channels
9.1. overview
9.2. Direct
9.3. agent

10. Global Adventure Tourism Market By Regions
10.1. overview

11. Company profiles

• G Adventures Inc.

• Austin Adventures, Inc.

• Mountain tour Sobek

• SERIES Adventure

• TUI AG.

• REI adventure

• Intrepid Group Limited

• InnerAsia Travel Group, Inc.

• Abercrombie & Kent group of companies SA

• Butterfield & Robinson Management Services, Inc.

For more information on this report, see https://www.researchandmarkets.com/r/qyci2y

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