[Latest] Global Sustainable Tourism Market Size/Share Worth USD 13 Trillion by 2033 at a 13.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Sustainable Tourism Market size & share revenue was valued at approximately USD 3.4 Trillion in 2023 and is expected to reach USD 4 Trillion in 2024 and is expected to reach around USD 13 Trillion by 2033, at a CAGR of 13.5% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Bouteco, Kind Traveler, Responsible Travel, Wild Frontiers Adventures Travel, Wilderness Holding Limited, Beyonder Experiences, Undiscovered Mountains, Gondwana Ecotours, Row Adventures, Natural Habitat Adventures, Cheeseman’s Ecological Safaris, Sustainable Travel International, NATIVE TOURS Inc., Intrepid Group, G Adventures, and others.
/EIN News/ -- Austin, TX, USA, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Sustainable Tourism Market Size, Trends and Insights By Type (Ecological Tourism, Eco-Tourism (Green Tourism), Soft Tourism, Community Tourism), By Booking Channel (Phone Booking, Online Booking, In-Person Booking), By Consumer Orientation (Men, Women), By Tourism Type (Domestic, International), By Tourist Type (Independent Traveler, Tour Group, Package Traveler), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Sustainable Tourism Market size & share was valued at approximately USD 3.4 Trillion in 2023 and is expected to reach USD 4 Trillion in 2024 and is expected to reach a value of around USD 13 Trillion by 2033, at a compound annual growth rate (CAGR) of about 13.5% during the forecast period 2024 to 2033.”
Click Here to Access a Free Sample Report of the Global Sustainable Tourism Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=59716
Sustainable Tourism Market: Growth Factors and Dynamics
- Growing Awareness: More travelers learn about environmental issues and desire to travel responsibly. This is creating a greater demand for an eco-friendly mode of travel that minimizes harm to nature and the communities at large.
- Changing Consumer Preferences: The modern-day traveler prefers experiencing unique and meaningful events. They would look out for trips that impart cultural enrichment, wildlife protection, and community engagement, increasing the demand for sustainable tourism.
- Cultural Exchange: sustainable tourism encourages cultural exchange, wherein the traveler learns more and interacts much with community customs. It makes any travel experience richer and makes one appreciate cultures. For instance, some environmental challenges forcing tourists to adopt sustainable travel are climate change and loss of biodiversity. Such issues compel people to act immediately towards environmental protection through responsible tourism.
- Demand for Authenticity: Actual demand today in travels for authenticness connected with nature and the local community- Sustainable tourism delivers in this respect that there is a true interaction and even genuine adventure.
- Adaptation to Trends: The tourism sector is highly conducive to demonstrating adaptation to trends such as wellness travel and adventure tourism. Overall, sustainable practices are integrated into these trends and thus appeal to modern travelers.
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Sustainable Tourism Market: Partnership and Acquisitions
- December 2022: The World Travel & Tourism Council (WTTC) partnered with UNWTO and the Sustainable Hospitality Alliance to promote biodiversity conservation in tourism. This collaboration aims to integrate biodiversity safeguards into tourism practices, enhancing sustainability across the industry.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 4 Trillion |
Projected Market Size in 2033 | USD 13 Trillion |
Market Size in 2023 | USD 3.4 Trillion |
CAGR Growth Rate | 13.5% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Booking Channel, Consumer Orientation, Tourism Type, Tourist Type and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your research requirements. |
(A free sample of the Sustainable Tourism report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Sustainable Tourism report has been modified to include the COVID-19 impact study prior to delivery.)
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Sustainable Tourism Market: COVID-19 Analysis
- Positive Impact: Sustainable tourism attracted renewed attention during the COVID-19 pandemic when travelers took mass action to reduce their damaging environmental footprint. There was also an emphasis on local and nature-based experiences due to travel restrictions and people realized the importance of using eco-friendly travel choices. The tourism enterprise used this time as a critical point to review its operations and plan ways to encourage and practice sustainable tourism sectors such as reduced waste and resources. As a result, companies have evolved their new offerings towards responsible travel that increase their attractiveness to ecologically-conscious consumers. Furthermore, the concern over health and safety led to various innovative approaches to sustainable practices, which would shape the industry positively and be far-reaching beyond the pandemic.
- Negative Impact: The COVID-19 pandemic greatly affected the tourism market, which is considered sustainable. It largely distorted the level of demand and revenues accruing during travel. Many tour operators suffered from cancellations and were forced to shut down due to lockdowns and travel bans. Consequently, this situation led to financial breakdowns for many firms that could not sustain operations when the going became tough. This pandemic also revealed vulnerabilities in the tourism industry, where many firms took long-term sustainability ventures backburner to ensure survival in the short term. From what was initially a seemingly green and cost-effective fad, this change impacted everything in the sustainability initiatives set in motion. Another aspect is that before the pandemic, well-visited ecotourism destinations were strained by over-tourism, so the halt in travel for a period raised an unlikely concern with the long-term sustainability of the ecosystems and their communities.
- Current Market Situation: The easing of travel restrictions and recovery in demand are gradually making sustainable tourism look like an industry rebounding. Consumers have made eco-friendly choices, which naturally has built much interest in sustainable practices. Against this backdrop, companies will continue modernizing their offerings, focusing more on local experiences and strictly on sustainability measures. There has been a recent trend towards outdoor and nature-based tourism, so travelers look for safer and less congested alternatives. The communities and the conservation organizations collaborate to contribute further to the effort. It seems like the market is already rebounding, but the challenges of inflation and the consumers’ sentiments are there. Overall, there is a positive side with the expectation of growth in the coming years since this industry shifts to a green economy and an understanding by its consumers of the concept.
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Key questions answered in this report:
- What is the size of the Sustainable Tourism market and what is its expected growth rate?
- What are the primary driving factors that push the Sustainable Tourism market forward?
- What are the Sustainable Tourism Industry's top companies?
- What are the different categories that the Sustainable Tourism Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Sustainable Tourism market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Sustainable Tourism Market – Regional Analysis
The Sustainable Tourism Market is segmented into various regions: North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: Tourism in North America has increased with tourists’ rising knowledge and sensitivity regarding their environmental considerations. It has particularly found preferences with national parks and travel that can be oriented to conserve a specific area. Of the prime destination areas taken here are Yellowstone and Yosemite, an area that caters to nature lovers who also promote the conservation of the said sites. Eco-friendly accommodations and tours are some of the emerging trends. Another critical factor is that local communities also substantially take part in sustainable tourism activities while conserving the cultural heritage and injecting local economies. Responsible tourism will, therefore, be enhanced and will most likely make tourism operations more sustainable.
- Europe: Europe boasts an excellent regulation system that has helped spur sustainable tourism. Most countries promote environment-friendly projects, especially for the cultural heritage and nature tourism of those countries. Scandinavian countries, as well as parts of Southern Europe, are offering environment-friendly travel through green accommodations and sustainable transport modes. The European Union supports such initiatives that create an environment of sustainability and thus allow the traveller to look for these eco-friendly options. This region commits to sustainability, enhancing the experience for the visitor and their cultural and natural resources for the future.
- Asia Pacific: There is a significant interest in eco-tourism and adventure travel in the Asia Pacific region. India, Japan, and New Zealand are also catching the attention of the tourist fraternity. Higher demand for unique experience destinations, including wildlife safaris, national park treks, and cultural experiences with indigenous local communities, has also been observed as impelling this trend. Also, governments are supporting this shift towards sustainable tourism development through initiatives on ecotourism and responsible travel. Respectful and smart sustainable tourism development will see more tourists come to the Asia-Pacific region with its natural beauty and cultural heritage intact.
- LAMEA: This region of Latin America and the Middle East & Africa is dominated by nature-based tourism, cultural heritage sites, and emphasis on sustainability due to the presence of eco-safaris. Latin America: Countries like Costa Rica and Ecuador, with special attractions for sensitive tourists interested in adventure or saving conservation, have local enterprise packages that include guides and stays in the eco-lodges. In the Middle East & Africa, locations like Kenya and South Africa attract various ecotourists, who have come to realize the importance that local people and the international tourism market attach to wildlife, conservation, and green-sensitive accommodations. So, there is scope here for sustainable tourism to benefit these locations in a chance to protect their valued natural and cultural resource while still offering value to the visitors. This integration method of sustainable practices brings profit in the benefits it offers to the environment, too; instead of just letting bottom-line numbers be favoured, a great many local economies are supported.
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List of the prominent players in the Sustainable Tourism Market:
- Bouteco
- Kind Traveler
- Responsible Travel
- Wild Frontiers Adventures Travel
- Wilderness Holding Limited
- Beyonder Experiences
- Undiscovered Mountains
- Gondwana Ecotours
- Row Adventures
- Natural Habitat Adventures
- Cheeseman’s Ecological Safaris
- Sustainable Travel International
- NATIVE TOURS Inc.
- Intrepid Group
- G Adventures
- Others
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The Sustainable Tourism Market is segmented as follows:
By Type
- Ecological Tourism
- Eco-Tourism (Green Tourism)
- Soft Tourism
- Community Tourism
By Booking Channel
- Phone Booking
- Online Booking
- In-Person Booking
By Consumer Orientation
- Men
- Women
By Tourism Type
- Domestic
- International
By Tourist Type
- Independent Traveler
- Tour Group
- Package Traveler
Click Here to Get a Free Sample Report of the Global Sustainable Tourism Market @ https://www.custommarketinsights.com/report/sustainable-tourism-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Sustainable Tourism Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Sustainable Tourism Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Sustainable Tourism Market? What Was the Capacity, Production Value, Cost and PROFIT of the Sustainable Tourism Market?
- What Is the Current Market Status of the Sustainable Tourism Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Sustainable Tourism Market by Considering Applications and Types?
- What Are Projections of the Global Sustainable Tourism Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Sustainable Tourism Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Sustainable Tourism Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Sustainable Tourism Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Sustainable Tourism Industry?
Click Here to Access a Free Sample Report of the Global Sustainable Tourism Market @ https://www.custommarketinsights.com/report/sustainable-tourism-market/
Reasons to Purchase Sustainable Tourism Market Report
- Sustainable Tourism Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Sustainable Tourism Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Sustainable Tourism Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Sustainable Tourism Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Sustainable Tourism market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Buy this Premium Sustainable Tourism Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/sustainable-tourism-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Sustainable Tourism market analysis.
- The competitive environment of current and potential participants in the Sustainable Tourism market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Sustainable Tourism market should find this report useful. The research will be useful to all market participants in the Sustainable Tourism industry.
- Managers in the Sustainable Tourism sector are interested in publishing up-to-date and projected data about the worldwide Sustainable Tourism market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Sustainable Tourism products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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About Custom Market Insights:
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