Europe will Lead the Sustainable Tourism Market with a 51% Growth Rate During 2021-2025
Market Recovery and Growth Projections 2021-2025

The sustainable tourism market size is expected to grow up to USD 235.21 billion, accelerating at a CAGR of 9.72% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

For a snapshot of our exhaustive sustainable tourism market research analysis and insights:  View Sample Report

Sustainable Tourism Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The sustainable tourism market is segmented by Type (domestic and international) and Geography (Europe, North America, APAC, South America, and MEA).
• In terms of geographic segmentation, 51% of the market growth will originate from Europe during the forecast period. France, Germany, and the UK are the key markets for sustainable tourism in Europe. 
• Based on Type, the sustainable tourism market will have lucrative growth in the domestic segment during the forecast period.

Sustainable Tourism Market: Trends, Drivers, Challenges

The report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

• A key market driver for the sustainable tourism market will be shifting preference toward local and authentic experiences.
• The increasing number of travelers opting for new types of tourism will be instrumental in driving the market growth during the forecast period.
• The inability of developing countries to implement sustainable tourism policies is a hurdle that needs to be crossed on the path to success.

Sustainable Tourism Market: Vendor Analysis

• The market is fragmented due to the presence of several players.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Adventure Alternative Ltd., And Beyond Holdings (Proprietary) Ltd., BOUTECO Ltd., G Adventures, Intrepid Group, Kind Traveler PBC, Mojosurf, Responsible Travel, Wild Frontiers Adventure Travel Ltd., and Wilderness Safaris are some of the major market participants.

Download the PDF Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of over 9.72%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 235.21 billion.
    
3. What is a key factor driving this market?
   Shifting preference toward local and authentic experiences will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   51% growth will originate from Europe.
    
6. Who are the leading market vendors?
   The leading vendors in this market are Adventure Alternative Ltd., And Beyond Holdings (Proprietary) Ltd., BOUTECO Ltd., G Adventures, Intrepid Group, Kind Traveler PBC, Mojosurf, Responsible Travel, Wild Frontiers Adventure Travel Ltd., and Wilderness Safaris
    
7. What are the market segments covered in this report?
   The market is segmented by Type (domestic and international) and Geography (Europe, North America, APAC, South America, and MEA).