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Global Ecotourism Market: By Traveller Type: Solo, Group; By Age Group: Generation X, Generation Y, Generation Z; By Sales Channel: Travel Agent, Direct; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Ecotourism Market Outlook
The global ecotourism market is projected to grow at a CAGR of 9% between 2021 and 2026. By 2026, the market is expected to stand at a value of nearly USD 309 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: Industry Definition and 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.
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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.
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 industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Ecotourism Market Analysis
8.1 Key Industry Highlights
8.2 Global Ecotourism Historical Market (2016-2020)
8.3 Global Ecotourism Market Forecast (2021-2026)
8.4 Global Ecotourism Market by Traveller Type
8.4.1 Solo
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Group
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Ecotourism Market by Age Group
8.5.1 Generation X
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Generation Y
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Generation Z
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.6 Global Ecotourism Market by Sales Channel
8.6.1 Travel Agent
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Direct
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Ecotourism Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Aracari Travel
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Frosch International Travel
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Undiscovered Mountains
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Intrepid Group
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Rickshaw Travel Group
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Small World Journeys
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Adventure Alternative Ltd
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Industry Events and Developments
List of Figures and Tables
1. Global Ecotourism Market: Key Industry Highlights, 2016 and 2026
2. Global Ecotourism Historical Market: Breakup by Traveler Type (USD Billion), 2016-2020
3. Global Ecotourism Market Forecast: Breakup by Traveler Type (USD Billion), 2021-2026
4. Global Ecotourism Historical Market: Breakup by Age Group (USD Billion), 2016-2020
5. Global Ecotourism Market Forecast: Breakup by Age Group (USD Billion), 2021-2026
6. Global Ecotourism Historical Market: Breakup by Sales Channel (USD Billion), 2016-2020
7. Global Ecotourism Market Forecast: Breakup by Sales Channel (USD Billion), 2021-2026
8. Global Ecotourism Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Ecotourism Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Ecotourism Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Ecotourism Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Ecotourism Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Ecotourism Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Ecotourism Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Ecotourism Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Ecotourism Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Ecotourism Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Ecotourism Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Ecotourism Market Forecast: Breakup by Country (USD Billion), 2021-2026
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 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach nearly USD 309 billion by 2026.
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 2021-2026, growing at a CAGR of 9% to reach a value of nearly USD 309 billion by 2026.
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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