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 Report Scope and Research Methodology
The Sustainable Tourism Market Report provides a detailed analysis of the industry, focusing on eco-friendly travel trends, key drivers, challenges, and market opportunities. The scope includes segmentation by type (eco-tourism, green tourism, community-based tourism), service providers (accommodations, transportation, travel agencies), and regions. The report examines market size, growth forecasts, and the impact of sustainability initiatives on consumer behavior.
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Sustainable Tourism Market Dynamics
The Sustainable Tourism Market is shaped by growing consumer awareness and demand for eco-friendly travel options, driven by concerns over environmental impact and climate change. Key dynamics include an increase in green certifications for accommodations and activities, and a shift towards experiential travel that emphasizes local culture and conservation. Challenges such as balancing tourism growth with environmental preservation and managing the impact on local communities persist.
Sustainable Tourism Market Regional Insight
The Sustainable Tourism Market shows varied dynamics across regions, driven by local environmental policies and consumer preferences. Europe leads with strong regulations and high demand for eco-friendly travel options, supported by government initiatives and a well-established infrastructure for sustainable tourism. North America is also advancing, with a growing emphasis on green certifications and responsible travel practices. In Asia-Pacific, rising affluence and environmental awareness are driving growth, though challenges remain in balancing tourism development with sustainability.
Sustainable Tourism Market Segmentation
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 Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- 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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