Adventure Tourism Market Analysis By Top Key Players, 2017-2023 Global Opportunity Analysis And Industry Forecast, 2017-2023
Adventure Tourism Market Overview:
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.
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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.
Key Players 
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.
Key Market Benefits For Stakeholders
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.
Adventure Tourism Market Key Segments: By Age Group
By Sales Channel
Below 30 Years
Travel Agent
30-41 Years
Direct
By Type
By Activity
By Type of Travelers
Hard
Land-based Activity
Solo
Soft
Water-based Activity
Friends/Group
Others
Air-based Activity
Couple
42-49 Years
Family
50 Years & Above
By Geography
North America
Asia-Pacific
U.S.
China
Canada
India
Mexico
Japan
Australia New Zealand Rest of Asia-Pacific
Europe
Germany
Switzerland
Norway
Italy
Latin America
Rest of Europe
Middle East
Africa
LAMEA
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