Reports
Global Ecotourism Market Size, Report, Trends: By Traveller Type: Solo, Group; By Age Group: Generation X, Generation Y, Generation Z; By Sales Channel: Travel Agent, Direct; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Ecotourism Market Outlook
The global ecotourism market is projected to grow at a CAGR of 9% between 2023 and 2028. By 2028, the market is expected to stand at a value of nearly USD 367.12 billion.
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North America and the Asia Pacific to be Significant Regional Markets for Ecotourism
Due to a large number of environmentally conscious travellers and the rapid use of digital media to search for and travel to new destinations, North America is expected to have one of the highest CAGRs during the forecast period. The Asia Pacific is also a significant regional market for ecotourism. This is due to the presence of a significant number of millennial tourists, as well as increased disposable incomes and infrastructure growth. The market for ecotourism in these regions is being driven by an increase in travel and tourism to unique destinations, a desire to explore biodiversity, coral reefs, and untouched, undisturbed natural areas, and a renewed emphasis on sustainability.
Ecotourism: Market Segmentation
Ecotourism is a form of travel that focuses on protecting and preserving the environment. This form of tourism is part of the philosophy of sustainable tourism, which seeks to have as little detrimental effects on the natural environment as possible.
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By traveller type, the market is divided into:
- Solo
- Group
On the basis of age group, the market is segmented into:
- Generation X
- Generation Y
- Generation Z
Based on sales channel, the industry is bifurcated into:
- Travel Agent
- Direct
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Environmental Consciousness to Drive the Market Growth of Ecotourism
Increasing environmental consciousness is primarily responsible for the growth of the ecotourism industry. Furthermore, rising traveller interest in tropical ecology, ethnobotany, primate ecology, and ancient civilisation archaeology has aided the growth of the global ecotourism industry. The growing availability of environmentally friendly tourist accommodations has further catalysed the growth of the industry. People's desire to learn about other cultures and ways of life in order to break up the monotony of everyday life is expected to create lucrative opportunities for the ecotourism industry to expand.
The ecotourism industry is only in its early stages, but it is expected to gain traction in the coming years. However, concerns about ecotourism's degree of social fairness might be a significant constraint on the market growth.
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Key Industry Players in the Global Ecotourism Market
The report gives a detailed analysis of the following key players in the global ecotourism market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Aracari Travel
- Frosch International Travel
- Undiscovered Mountains
- Intrepid Group
- Rickshaw Travel Group
- Small World Journeys
- Adventure Alternative Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Traveler Type, Age Group, Sales Channel, Region |
| Breakup by Traveller Type | Solo, Group |
| Breakup by Age Group | Generation X, Generation Y, Generation Z |
| Breakup by Sales Channel | Travel Agent, Direct |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Aracari Travel, Frosch International Travel, Undiscovered Mountains, Intrepid Group, Rickshaw Travel Group, Small World Journeys, Adventure Alternative Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ecotourism Market Analysis
8.1 Key Industry Highlights
8.2 Global Ecotourism Historical Market (2018-2022)
8.3 Global Ecotourism Market Forecast (2023-2028)
8.4 Global Ecotourism Market by Traveller Type
8.4.1 Solo
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Group
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Ecotourism Market by Age Group
8.5.1 Generation X
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Generation Y
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Generation Z
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Ecotourism Market by Sales Channel
8.6.1 Travel Agent
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Direct
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Ecotourism Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Ecotourism Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Ecotourism Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Ecotourism Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Ecotourism Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Ecotourism Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Aracari Travel
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Frosch International Travel
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Undiscovered Mountains
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Intrepid Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Rickshaw Travel Group
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Small World Journeys
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Adventure Alternative Ltd
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ecotourism Market: Key Industry Highlights, 2018 and 2028
2. Global Ecotourism Historical Market: Breakup by Traveler Type (USD Billion), 2018-2022
3. Global Ecotourism Market Forecast: Breakup by Traveler Type (USD Billion), 2023-2028
4. Global Ecotourism Historical Market: Breakup by Age Group (USD Billion), 2018-2022
5. Global Ecotourism Market Forecast: Breakup by Age Group (USD Billion), 2023-2028
6. Global Ecotourism Historical Market: Breakup by Sales Channel (USD Billion), 2018-2022
7. Global Ecotourism Market Forecast: Breakup by Sales Channel (USD Billion), 2023-2028
8. Global Ecotourism Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Ecotourism Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Ecotourism Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Ecotourism Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Ecotourism Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Ecotourism Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Ecotourism Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Ecotourism Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Ecotourism Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Ecotourism Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Ecotourism Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Ecotourism Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Ecotourism Market Structure
Key Questions Answered in the Report
The global ecotourism market is projected to grow at a CAGR of 9% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach nearly USD 367.12 billion by 2028.
The major drivers of the industry, such as an increase in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, growing infrastructural development, and increasing interest from the millennial population, are expected to aid the market growth.
The key market trend guiding the growth of the industry includes a surge in sustainability drives globally.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading traveller types in the market are solo and group.
The significant age group segments in the market are generation X, generation Y, and generation Z.
The major sales channels of ecotourism in the industry are travel agent and direct.
The major players in the industry are Aracari Travel, Frosch International Travel, Undiscovered Mountains, Intrepid Group, Rickshaw Travel Group, Small World Journeys, and Adventure Alternative Ltd, among others.
Analyst Review
The global ecotourism market is being driven by the rise in travel and tourism to unique destinations. Aided by the growing inclination toward exploration of wildlife, the market is expected to witness a robust growth in the forecast period of 2023-2028, growing at a CAGR of 9% to reach a value of nearly USD 367.12 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on traveller type, the market is divided into solo and group. By age group, the industry is divided into generation X, generation Y, and generation Z. On the basis of sales channel, the market is divided into travel agent and direct. The major regional markets for ecotourism are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Aracari Travel, Frosch International Travel, Undiscovered Mountains, Intrepid Group, Rickshaw Travel Group, Small World Journeys, and Adventure Alternative Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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