The ecotourism market size is expected to see rapid growth in the next few years. It will grow to $428.97 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to rise of regenerative travel, climate-positive tourism initiatives, digital platforms for eco-experiences, green finance and investment, inclusive and diverse ecotourism. Major trends in the forecast period include tech integration for sustainable tourism, plastic-free initiatives and waste reduction, global collaboration for conservation, digital platforms for eco-experience, partnerships with conservation organizations.
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Segmentation & Regional Insights
The ecotourism market covered in this report is segmented –
1) By Type: Alternative Tourism, Responsible Tourism, Sustainable Tourism, Community Tourism
2) By Traveler Type: Solo Traveler, Group Traveler
3) By Age Group: Generation X, Generation Y, Generation Z
4) By Sales Channel: Travel Agent, Direct
North America was the largest region in the ecotourism market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ecotourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing availability of eco-friendly tourist accommodations is expected to propel the growth of the ecotourism market going forward. The eco-friendly tourist accommodation is environmentally sustainable and follows the practices of green living to ensure non-toxic, safe, and energy-efficient accommodation for tourists. The hotels are adopting ecologically friendly designs and operations such as lowering pollutant emissions, and conserving water and energy, procuring green goods to promote ecotourism. For instance, in June 2022, according to the U.S. Department of Commerce, a US-based government administration, in 2021 the number of international visitors to the US has increased to 22.1 million. Therefore, the growing availability of eco-friendly tourist accommodation is promoting the ecotourism market.
Key Industry Players
Major companies operating in the ecotourism market report are Marriott International Inc., TUI Group, Booking Holdings Inc., Airbnb Inc., Accor S.A., Kynder Travel, BCD Travel, andBeyond, G Adventures Ltd., JTB Corporation, Goway Travel Ltd., Natural Habitat Adventures, Travel Leaders Group, Intrepid Group Ltd., National Geographic Partners LLC, Responsible Travel, Small World Journeys Ltd., SteppesTravel Ltd., Rickshaw Travel, Experience Travel Group, Adventure Alternative Ltd., Aracari Travel, Undiscovered Mountains, Conservation Capital LLC, Nature Discovery, Baobab Tourism, NuMundo, New Worlder Journeys, Gondwana Ecotours, Byway Travel, Earth Changers, Hilton Worldwide Holdings Inc., InterContinental Hotels Group PLC, Expedia Group Inc., TripAdvisor Inc., American Express Global Business Travel, Flight Centre Travel Group Limited
The ecotourism market report table of contents includes:
1. Executive Summary
2. Ecotourism Market Characteristics
3. Ecotourism Market Trends And Strategies
4. Ecotourism Market – Macro Economic Scenario
5. Global Ecotourism Market Size and Growth
……………………….
32. Global Ecotourism Market Competitive Benchmarking
33. Global Ecotourism Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ecotourism Market
35. Ecotourism Market Future Outlook and Potential Analysis
36. Appendix
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