Adventure Tourism Market Top Companies, Trends and Future Details for Business Opportunity 2022-2027

Author: Elena Anderson

Marketing Manager

Report DescriptionAbout IMARC Group

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Global Adventure Tourism Market Research Report 2022-2027:

The latest report by IMARC Group, titled “Adventure Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

,” finds that the global adventure tourism market size reached US$ 852.4 Billion in 2021.

Adventure tourism is a form of travel or exploration that includes activities such as caving, climbing, cycling, hiking, hunting, and rafting. These activities involve a certain amount of risk for the duration of the travel. Adventure tourism is a rapidly expanding industry as it consists of cultural exchange, physical activities, and connecting with nature in exotic destinations, isolated locations and out-ofthe-comfort-zone destinations. These activities are carried out under the supervision of specialists and include necessary safety precautions such as helmets, harnesses, and other equipment. In addition to this, adventure tourism offers effective and economic incentives that enhance biocultural diversity while creating financial benefits for local and private industries. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Adventure Tourism Market Trends:

The market is primarily driven by the growing inclination toward adventure activities. The increasing popularity of attractive landscapes and different activities across various cities and countries are fueling the market growth. In addition to this, the rising penetration of social media networking and the growing popularity of travel and video blogging on platforms like Instagram, Facebook and Twitter are encouraging travelers to opt for adventure tourism activities.

Furthermore, various governments and key players are taking initiatives in the form of private and public partnerships to encourage tourism, which is propelling the market growth. Moreover, key players are also integrating adventure tourism with technologies, including virtual reality (VR), artificial intelligence (AI), and the Internet of Things (IoT), to offer an enhanced experience. Furthermore, the desire of young people to travel to new places has increased the demand for adventure sports and affordable travel packages, which is creating opportunities for the market.

Looking forward, the market is expected to grow at a CAGR of 20.23% during the forecast period (2022-2027). View Report TOC, Figures and Tables: https://www.imarcgroup.com/global-adventure-tourism-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

• Hard Adventure

• Soft Adventure

Breakup by Activity:

• Land-based Activity

• Water-based Activity

• Air-based Activity

Breakup by Age Group:

• Below 30 Years

• 30–41 Years

• 42–49 Years

• 50 Years and Above

Breakup by Sales Channel:

• Travel Agent

• Direct

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape with Key Players:

• Abercrombie & Kent USA LLC

• Austin Adventures Inc.

• Butterfield & Robinson Inc.

• Cox & Kings Ltd.

• Discovery Nomads, G Adventures

• Geographic Expeditions Inc.

• Intrepid Group Limited

• Mountain Travel Sobek

• Recreational Equipment Inc.

• ROW Adventures

• TUI AG.

1. What was the size of the global adventure tourism market in 2021?

2. What is the expected growth rate of the global adventure tourism market during 2022-2027?

3. What are the key factors driving the global adventure tourism market?

4. What has been the impact of COVID-19 on the global adventure tourism market?

5. What is the breakup of the global adventure tourism market based on the type?

6. What is the breakup of the global adventure tourism market based on the age group?

7. What are the key regions in the global adventure tourism market?

8. Who are the key players/companies in the global adventure tourism market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/adventure-tourism-market/toc

A partial List of our Clients

Partial List of Clients

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A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

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