The Sustainable Tourism Market size was valued at USD 3.76 Tn. in 2023 and the total Global Sustainable Tourism revenue is expected to grow at a CAGR of 14 % from 2024 to 2030, reaching nearly USD 9.41 Tn. by 2030.
Sustainable Tourism Market Overview
Stellar Market Research, an Sustainable Tourism business research firm has published a report on the “Sustainable Tourism Market”. As per the “Sustainable Tourism report,” the total market for Sustainable Tourism Market was USD 3.76 Tn. in 2023 and is expected to reach USD 9.41 Tn. by 2030.
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Sustainable Tourism Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Sustainable Tourism Market size and the growth rate. Statistical and analytical tools are then used to analyse the data, identify market trends, estimate market size and growth potential. Additionally, competitive analysis may be conducted to understand the market share, product offerings, and competitive strategies of key market players. Comprehensive research is crucial for providing accurate and dependable insights into the Sustainable Tourism Market, and guiding decision-makers about the present and future status of the market.
Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market. Swot analysis is used to identify the strength and weaknesses of the market. The bottom-up approach was used to estimate the Sustainable Tourism Market size
Sustainable Tourism Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Sustainable Tourism market status in various countries. The Sustainable Tourism market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Sustainable Tourism Market Segmentation
Based on Type, the market is segmented into Ecotourism, Community tourism, Geotourism, Culture, and Others. Ecotourism segment dominated the market in 2023 and is expected to hold the largest sustainable tourism market share over the forecast period. Ecotourism is a segment within the sustainable tourism market that focuses on promoting responsible travel to natural areas while conserving the environment and improving the well-being of local communities. It emphasizes immersing travelers in natural landscapes, wildlife habitats, and cultural heritage sites while minimizing negative impacts on the environment and supporting local economies. Ecotourism aims to protect and preserve natural habitats, wildlife, and ecosystems. It promotes practices that minimize pollution, habitat destruction, and disruption of wildlife.
By Type
Ecotourism
Community tourism
Geotourism
Culture
Others
By Tourist Type
Independent Traveller
Tour Group
Package Traveller
By Age Group
Millennial
Baby Boomers
Generation X
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Sustainable Tourism Market Key Players
Booking Holdings Inc. - Norwalk, Connecticut, USA
Expedia Group - Seattle, Washington, USA
Airbnb, Inc. - San Francisco, California, USA
TripAdvisor, Inc. - Needham, Massachusetts, USA
Marriott International, Inc. - Bethesda, Maryland, USA
Hilton Worldwide Holdings Inc. - McLean, Virginia, USA
InterContinental Hotels Group PLC - Denham, Buckinghamshire, UK
Hyatt Hotels Corporation - Chicago, Illinois, USA
Accor - Paris, France
Wyndham Destinations - Orlando, Florida, USA
American Express Global Business Travel - New York, New York, USA
Delta Air Lines, Inc. - Atlanta, Georgia, USA
Southwest Airlines Co. - Dallas, Texas, USA
Emirates Group - Dubai, United Arab Emirates
Lufthansa Group - Cologne, Germany
Qantas Airways Limited - Sydney, Australia
Norwegian Cruise Line Holdings Ltd. - Miami, Florida, USA
Carnival Corporation & plc - Miami, Florida, USA
Royal Caribbean Group - Miami, Florida, USA
TUI Group - Hanover, Germany
Thomas Cook Group - London, UK
Intrepid Group - Melbourne, Australia
G Adventures - Toronto, Ontario, Canada
Wilderness Safaris - Gaborone, Botswana
Abercrombie & Kent - Cheltenham, UK
Key questions answered in the Sustainable Tourism Market are:
- What is Sustainable Tourism?
- What was the Sustainable Tourism market size in 2023?
- What is the growth rate of the Sustainable Tourism Market?
- Which are the factors expected to drive the Sustainable Tourism market growth?
- What are the different segments of the Sustainable Tourism Market?
- What growth strategies are the players considering to increase their presence in Sustainable Tourism?
- What are the upcoming industry applications and trends for the Sustainable Tourism Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Sustainable Tourism Market?
- What segments are covered in the Sustainable Tourism Market?
- Who are the leading companies and what are their portfolios in Sustainable Tourism Market?
- What segments are covered in the Sustainable Tourism Market?
- Who are the key players in the Sustainable Tourism market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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