HTF MI recently introduced Global Sustainable Tourism Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Responsible Travel, Intrepid Travel, G Adventures, REI Adventures, Backroads, Wilderness Travel, Lindblad Expeditions, Natural Habitat Adventures, Pura Aventura, Tropic Journeys, Thomson Safaris, Oceanwide Expeditions, Context Travel, World Expeditions, Discover Corps
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According to HTF Market Intelligence, the Global Sustainable Tourism market is expected to grow from USD 7 Billion in 2023 USD 15 Billion by 2032, with a CAGR of 9% from 2024 to 2032. The Sustainable Tourism market is segmented by Types (Eco-tourism, cultural tourism, community-based tourism, adventure tourism, responsible tourism), Application (Hotels and resorts, tour operators, local communities, travel agencies, wildlife conservancies) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
Definition:
Sustainable tourism refers to travel that minimizes environmental impact and promotes conservation efforts, while also benefiting local communities economically and socially. Sustainable tourism refers to the practice of traveling in a way that minimizes negative environmental, social, and economic impacts while maximizing positive contributions to local communities and ecosystems. This type of tourism emphasizes responsible travel that promotes conservation, respects local cultures, and supports the long-term well-being of the destination. Sustainable tourism can include eco-friendly accommodations, low-impact transportation options, and the encouragement of local commerce and traditions. The goal is to ensure that tourism activities benefit both the travelers and the places they visit, fostering cultural exchange, preserving natural resources, and enhancing the quality of life for local residents. With growing awareness of climate change and environmental issues, sustainable tourism has gained significant attention in recent years
Dominating Region:
- Europe
Fastest-Growing Region:
- APAC
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Sustainable Tourism market segments by Types: Eco-tourism, cultural tourism, community-based tourism, adventure tourism, responsible tourism
Detailed analysis of Sustainable Tourism market segments by Applications: Hotels and resorts, tour operators, local communities, travel agencies, wildlife conservancies
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Sustainable Tourism Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Sustainable Tourism Market:
Chapter 01 – Sustainable Tourism Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Sustainable Tourism Market – Pricing Analysis
Chapter 05 – Global Sustainable Tourism Market Background or History
Chapter 06 — Global Sustainable Tourism Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Sustainable Tourism Market
Chapter 08 – Global Sustainable Tourism Market Structure & worth Analysis
Chapter 09 – Global Sustainable Tourism Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Sustainable Tourism Market Research Methodology
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
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