Adventure tourism market - Future Trends, 2023

1. Global Opportunity Analysis And Industry Forecast, 2017-2023

2.  The Global Adventure Tourism Market was valued at $444,850 million in 2016, and is projected to reach $1,335,738 million in 2023, registering a CAGR of 17.4 % from 2017 to 2023. The development of the travel & tourism sector fosters the growth for adventure tourism market.  Request Sample Report:  Adventure tourism refers exploration or travel with a certain degree of risk faced during the vacation. Some of the activities involved during adventure tourism include caving, climbing, cycling, hiking, rafting, and other activities. Tourism is one of the most rapidly growing sectors, among which adventure tourism is one of its fastest growing segments. Based on travel market survey, America and Europe are the two leading regions in this market.  Adventure tourism has grown exponentially worldwide over the past few years, as travelers are keen to visit undiscovered destinations. Moreover, with the significant increase in government initiatives in the form of public and private partnership to promote tourism has fueled the growth of the global adventure tourism market. However, risk involved in adventure travelling and unpredictable weather conditions restrain the market growth. Conversely, increase in social media trend is anticipated to provide a lucrative opportunity for the market growth, as Facebook has become the preferred social networking site among travelers to get the best travel deals.

4.  Major companies profiled in the report include Austin Adventures, Inc., G Adventures Inc., Mountain Travel Sobek, TUI AG., ROW Adventures, REI Adventures, InnerAsia Travel Group, Inc., Intrepid Group Limited, Butterfield & Robinson Management Services, Inc., and Abercrombie & Kent Group of Companies S.A.

5.  The study provides an in-depth analysis of the adventure tourism market with current and future trends to elucidate the imminent investment pockets in the market.  The report provides information regarding key drivers, restraints, and opportunities with impact analysis.  Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.  Market player positioning in the report provides a clear understanding of the position of leading companies.

6. By Age Group By Sales Channel By Type of Travelers By Type By Activity Land-based Activity Water-based Activity Air-based Activity Below 30 Years Travel Agent Hard Solo 30-41 Years Direct Soft Friends/Group Others Couple 42-49 Years 50 Years & Above Family

7.  North America  U.S.  Canada  Mexico  Europe  Germany  Switzerland  Norway  Italy  Rest of Europe  Asia-Pacific  China  India  Japan  Australia  New Zealand  Rest of Asia-Pacific  LAMEA  Latin America  Middle East  Africa

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