Adventure Tourism Market 2025 Trends, Innovation, Growth Opportunities, Demand, Application, Top Companies and Industry Forecast
Adroit Market Research adds Adventure Tourism Market Research Report 2020 Analysis, Size, Application Estimation and Forecast 2025 reports in database.
Dallas, United States – October 27, 2020 /MarketersMedia/ —
Growth Likely to Dip in the Forthcoming Quarters with Restrictions and Travel Ban as Pandemic Aftermath
Adventure tourism is marked by several assorted activities such as skiing, hiking, climbing, rafting and the like that are gaining enormous adoption as popular travel expeditions to ensure customer engagement. With several countries directing enormous funds towards tourism and hospitality development, adventure tourism is expected to soar distinctively in the coming years. Adroit Market Research takes a detailed tour of the entire gamut of adventure tourism to identify potential growth steering factors as well as existing market forces that collectively ensure smooth rise in the foreseeable future.
One key growth facilitator in adventure tourism is millennial consumers seeking wellness exuberance. Leading economies with higher economic viability have emerged as lucrative growth hubs in adventure tourism space. However, with the current pandemic impact, optimistic growth may be significantly interrupted by growth dips and dents as hospitality and tourism industries continue to be relatively largely impacted as physical distancing norms continue to remain increasingly dominant.
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Adventure tourism may be sub-categorized into soft and hard adventure travel segments. Soft adventure involves highly safe practices and doesn’t require much of skills and experience. Activities such as safaris, sailing and surfing amongst others constitute soft travel adventure.
Top Key players include G Adventures Inc., TUI AG., ROW Adventures, InnerAsia Travel Group Inc., REI Adventures, Austin Adventures Inc., Butterfield & Robinson Management Services Inc., Intrepid Group Limited, Abercrombie & Kent Group of Companies S.A and Mountain Travel Sobek.
Hard adventure however is more complex and involves considerable amount of risks and requires highly skilled and experienced participants. Prominent examples of hard adventure include trekking, rock climbing, river kayaking and hiking in extreme conditions. Regions who demonstrate dominance of generation X and Y and Z populace, who are high on agility, skill and disposable income are expected to lead market growth from the front. Technological advances in travel agent based booking and direct booking are further expected to accelerate high momentum growth rise in adventure tourism market. IN recent times, spiritual tourism an offshoot of wellness tourism is also likely to be absorbed as a core facet in adventure tourism market.
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Key segments of the global adventure tourism market include:
Type Segment
Hard
Soft
Others
Activity Segment
Land-based Activity
Water-based Activity
Air-based Activity
Type of Travelers Segment
Solo
Friends/Group
Couple
Family
Age Group Segment
Below 30 Years
30-41 Years
42-49 Years
50 Years & Above
Sales Channel Segment
Travel Agent
Direct
Table of Content:
Chapter1. Executive Summary
Chapter2. Research Methodology
Chapter3. Market Outlook
Chapter4. Global Adventure Tourism Market Overview, By Type
Chapter5. Global Adventure Tourism Market Overview, By Application
Chapter6. Global Adventure Tourism Market Overview, By Region
Chapter7. Company Profiles
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About Us:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Info:
Name: Ryan Johnson
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Organization: Adroit Market Research
Website: https://www.adroitmarketresearch.com/industry-reports/adventure-tourism-market
Source: MarketersMedia
Release ID: 88982702
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