These factors are predicted to propel the growth of the adventure tourism market in the analysis period. 8.2.10.2.Market size and forecast, by activity, 2019-2027 The cycle of productivity and growth keeps on increasing. Definition. 1 Adventure Tourism Market Overview1.1 Product Overview and Scope of Market1.2 Market Segment by Type1.3 Global Market Segment by Application1.4 Global Market, Region Wise (2018-2028)1.5 Global Market Size of Adventure Tourism (2018-2028)1.5.1 Global Market Revenue Status and Outlook (2018-2028)1.5.2 Global Market Sales Volume Status and Outlook (2018-2028)1.6 Global Macroeconomic Analysis1.7 The impact of the Russia-Ukraine war, 2 Industry Outlook2.1 Industry Technology Status and Trends2.2 Industry Entry Barriers2.2.1 Analysis of Financial Barriers2.2.2 Analysis of Technical Barriers2.2.3 Analysis of Talent Barriers2.2.4 Analysis of Brand Barrier2.3 Market Drivers Analysis2.4 Market Challenges Analysis2.5 Emerging Market Trends2.6 Consumer Preference Analysis2.7 Industry Development Trends under COVID-19 Outbreak2.7.1 Global COVID-19 Status Overview2.7.2 Influence of COVID-19 Outbreak on Industry Development, 3 Global Adventure Tourism Market Landscape by Player3.1 Global Sales Volume and Share by Player (2018-2023)3.2 Global Revenue and Market Share by Player (2018-2023)3.3 Global Average Price by Player (2018-2023)3.4 Global Gross Margin by Player (2018-2023)3.5 Market Competitive Situation and Trends3.5.1 Market Concentration Rate3.5.2 Market Share of Top 3 and Top 6 Players3.5.3 Mergers and Acquisitions, Expansion, 4 Global Adventure Tourism Sales Volume and Revenue Region Wise (2018-2023)4.1 Global Sales Volume and Market Share, Region Wise (2018-2023)4.2 Global Revenue and Market Share, Region Wise (2018-2023)4.3 Global Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.4 United States Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.4.1 United States Market Under COVID-194.5 Europe Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.6 China Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.7 Japan Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.8 India Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.9 Southeast Asia Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.10 Latin America Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.11 Middle East and Africa Sales Volume, Revenue, Price and Gross Margin (2018-2023), 5 Global Adventure Tourism Sales Volume, Revenue, Price Trend by Type5.1 Global Sales Volume and Market Share by Type (2018-2023)5.2 Global Revenue and Market Share by Type (2018-2023)5.3 Global Price by Type (2018-2023)5.4 Global Sales Volume, Revenue and Growth Rate by Type (2018-2023), 6 Global Adventure Tourism Market Analysis by Application6.1 Global Consumption and Market Share by Application (2018-2023)6.2 Global Consumption Revenue and Market Share by Application (2018-2023)6.3 Global Consumption and Growth Rate by Application (2018-2023), 7 Global Adventure Tourism Market Forecast (2023-2028)7.1 Global Sales Volume, Revenue Forecast (2023-2028)7.2 Global Sales Volume and Revenue Forecast, Region Wise (2023-2028)7.3 Global Sales Volume, Revenue and Price Forecast by Type (2023-2028)7.4 Global Consumption Forecast by Application (2023-2028)7.5 Market Forecast Under COVID-19, 8 Adventure Tourism Market Upstream and Downstream Analysis8.1 Industrial Chain Analysis8.2 Key Raw Materials Suppliers and Price Analysis8.3 Manufacturing Cost Structure Analysis8.3.1 Labor Cost Analysis8.3.2 Energy Costs Analysis8.3.3 RandD Costs Analysis8.4 Alternative Product Analysis8.5 Major Distributors Analysis8.6 Major Downstream Buyers Analysis8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Industry, 9 Players Profiles10 Research Findings and Conclusion, 11 Appendix11.1 Methodology11.2 Research Data Source, Get Detailed TOC of Global Adventure Tourism Market -https://www.precisionreports.co/TOC/22377540, Purchase this report (Price 3250 USD for a single-user license) -https://www.precisionreports.co/purchase/22377540. The results demonstrate that a detailed SWOT analysis is able to minimize the threats and uncertainties. It means that you have to bring different businesses to the table to work for the same common goal. When presented as a SWOT matrix, strategic planning can be used, including environmental planning and management (e.g. 8.3.3.Market size and forecast, by type of travelers, 2019-2027 10+ Farm SWOT Analysis Examples. 7.1.2.Comparative market share analysis, 2019 & 2027, 7.2.1.Market size and forecast, by region, 2019-2027 The other thing that comes along with cultural heritage is the local festivals. This will help in planning and management of tourism, to be able to reach targeted development goals. The Adventure Tourism Market Report has 102 pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis. 9.9.4.Recent strategic moves & developments Having considered areas for potential standout, the B&B owner decides to explore how to develop links with activity providers in the local area and resolves to start making better us of social and digital channels. 8.3.8.4.Market size and forecast, by age group, 2019-2027 SWOT analysis assesses. The COVID-19 pandemic had an undesirable impact on the global adventure travel market growth in 2020. Philippines also is rich for it's historical and cultural heritage attractions. For instance, in May 2020, Abercrombie & Kent expanded their offering in the Alaska and American West by adding 6 new tailor-made adventure trips and 2 new great American road trips. It especially relates to those that involve risk, or requires extensive planning. 8.2.6.Comparative market share analysis, 2019 & 2027 Does your business share a story with an iconic attraction? Those in West Malaysia staying in Kuala Lumpur can travel to the nearby state of Selangor and take part in tandem paragliding. Threats Political constraints and lack of international acceptance of Syria as tourism destination Risks of conflict and instability in the region Displacement of local handicrafts by imports from China, India, and Pakistan The opportunity to travel with customization will drive the market growth in the coming years. 9.4.4.Recent strategic moves & developments Put yourself in your customer's shoes. 9.10.2.Financial performance 9.8.5.SWOT analysis, 9.9.1.Business overview 2.2.Type trends Asia-Pacific region market was the second highest contributor to the market. It often leads to the creation of more jobs, helps create specialized services to cater to this sector, and even result in other industries being created on account of tourist interest, e.g. 1.2.Real time insights and validation Different companies have various packages, and it pays to enquire with different companies in . If you can manage to raise the capital, work on the land, establish a good place, then you would able to attract a lot of tourists. 9.10.3.Product portfolio Further, rising number of online travel agents due to growth in the number of independent/solo travelers is anticipated to accelerate the market growth in the coming years. 9.6.3.Product portfolio Many countries dont offer it easily. The objective would growth of the tourism industry. The global economy has been going through a period of economic recession. It involves travel and exploration with a certain degree of risk and it may require physical strength and special skills. Theres no coherence among all of them. 3.2.Key takeaways, 3.2.1.Top investment pockets Succeeding and accomplishing goals is a fantastic feeling. 8.3.2.Market size and forecast, by activity, 2019-2027 9.3.3.Product portfolio 8.4.9.4.Market size and forecast, by age group, 2019-2027 It did happen and it impacted a lot of small businesses. Adventure travel is a kind of niche tourism, which includes numerous activities such as caving, climbing, cycling, hiking, hunting, rafting, and others.This Adventure Tourism MarketResearch Report offers a thorough examination and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and local industrial presence. Australia is falling behind its global counterparts on productivity growth. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market". Information and Communication Technology (ICT) tools are perfect for developing tourism. 9.7.3.Product portfolio It is used to analyze the external and internal environments of an organization, assessing its capabilities and limitations. Table of Contents:With tables and figures to help analyze the global Adventure Tourism market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. G Adventures Inc - Strategy, SWOT and Corporate Finance Report report is published on April 28, 2022 and has 34 pages in it. In addition, rising interest of people towards archeological expeditions, attending local fairs and bird watching are expected to fuel the demand for land-based activities. Market Research Report Summary. 8.3.9.4.Market size and forecast, by age group, 2019-2027 Most of the hotels, restaurants, travel companies and other businesses offer a collective service and treat everyone the same way. It is a source of information for strategic planning. Below are the weaknesses of the tourism industry. 8.4.3.Market size and forecast, by type of travelers, 2019-2027 The tourism industry has become very competitive. The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. . Description. Market Overview:Adventure Tourism market size was valued at USD 489112.14 million in 2022 and is expected to expand at a CAGR of 10.35% during the forecast period, reaching USD 882979.04 million by 2028.Adventure Tourism involves exploration or travel to remote exotic areas. Adventurism tourism is a travel activity that includes cultural exchange, activities in the nature, and physical activity. Theres a perception among the public that the hospitality industry is very costly. 8.4.9.3.Market size and forecast, by type of travelers, 2019-2027 SWOT Analysis and Strategies to Develop Sustainable Tourism in Bangladesh. Some of the successful tourist places offer accommodation facilities for all types and categories of people. The report covers the market landscape and its growth prospects over the coming years. Feb 8.2.7.3.Market size and forecast, by type of travelers, 2019-2027 Publisher's "Global Adventure Tourism", report provides insight into key adventure tourism trends and the demands of adventure tourists. Pune, Maharashtra, India, October 20 2020 (Wiredrelease) MarketResearch.Biz -:An extensive and elaborate primary research on Global Adventure Tourism This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region. 3.Focuses on the key global Adventure Tourism manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and . The purpose of the report is to provide a comprehensive and detailed analysis for the industry Adventure Theme Park. Copyright 2023 MarketWatch, Inc. All rights reserved. A. Europe region possesses great investment opportunities. Realizing you took a large leap, tried, and challenged yourself will make you feel more self-assured. The Adventure Travel Trade Association defines it as a tourist activity that includes physical activity, cultural exchange, or activities in nature . We will write a custom Term Paper on Adventure tourism and development: Conservation or exploitation specifically for you. Heres the swot analysis of tourism industry; Following are the major strengths of the tourism industry. 9.6.5.SWOT analysis, 9.7.1.Business overview A. Austin Adventures, Intrepid Group, Butterfield & Robinson Inc. and Lindblad Expeditions are some of the key players in the global adventure tourism market. 5.1.2.Comparative market share analysis, 2019 & 2027, 5.2.1.Market size and forecast, by region, 2019-2027 The soft adventure travel will considerably gain popularity in the coming 10 years as young people who have experienced soft adventure travel tend to opt for it time and again. Adventure travel is a subcategory of leisure travel (Soft and hard adventure travel) Adventure travel: $15 billion of the $100 billion dollar annual industry revenues Approximately $2- 4 billion of these revenues come from California (20%) Woodville adventure travel market: $6 million annually ATI: 8% of this market ($480.000 in revenues) Thats why we dont see often professionalism in the tourism industry. Review, Click 9.1.3.Product portfolio The review of tourism development strategies of many gminas, powiats and wojewdztwos, however, shows that the application of this analysis to the strategic management of tourism destinations leads to a number of problems and methodological mistakes. Adventure tourism can be anything that carries any kind of SWOT Analysis stands for - Strengths, Weaknesses, Opportunities, and Threats that Tourism Adventure encounters both internally and in macro environment that it operates in. 5.2.2.Comparative market share analysis, 2019 & 2027, 5.3.1.Market size and forecast, by region, 2019-2027 Islands of Adventure is one of the leading brands in the tourism and hospitality sector. According to United Nations World Tourism Organization (UNWTO), international tourist arrivals worldwide reached about 1.1 billion and adventure tourism has increased by 5.0% in 2019 compared to that in 2018. This Adventure Tourism Market Research Report offers a thorough examination and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as. The safety of the environment attracts more people towards it, and the tourism industry keeps on multiplying. 8.1.8.4.Market size and forecast, by age group, 2019-2027 8.4.8.5.Comparative market share analysis, 2019 & 2027, 8.4.9.1.Market size and forecast, by Type, 2019-2027 Visit a quote page and your recently viewed tickers will be displayed here. Easy to Use MS Excel 3 Year Financial Model with Instructions. This shows how much the role of tourism industry can play in Singapore's economy. Inquire or Share your Questions If any before the Purchasing this Report -https://www.precisionreports.co/enquiry/pre-order-enquiry/22377540, The epidemic is still causing tremendous disruption in industries throughout the world. Best for Cruises: UnCruise Adventures. Tourism Industry SWOT Analysis SWOT analysis is a method for assessing the system's strengths, weaknesses, opportunities, and threats. Best for Nature: Natural Habitat Adventures. The countries that have realized the significance of the tourism industry, earn billions of dollars of revenue annually from it. Introduction. 9.2.3.Product portfolio Such openness attracts a lot of people towards it. Here to access our comprehensive analysis of the. The ancient temples in India and Thailand, the Great Wall in China, the Egyptian Pyramid, K-2 in Pakistan, Himalayas mountain, ruins of ancient Greeks, Stonehenge in the UK, and many other places around the world are a cultural heritage that attracts thousands of tourists every year. https://www.precisionreports.co/enquiry/request-sample/22377540, https://www.precisionreports.co/enquiry/pre-order-enquiry/22377540, https://www.precisionreports.co/enquiry/request-covid19/22377540, https://www.precisionreports.co/TOC/22377540, https://www.precisionreports.co/purchase/22377540, Global Adventure Tourism Industry Research Report 2023, Competitive Landscape, Market Size, Regional Status and Prospect, Adventure Tourism Market Regional Outlook and SWOT Analysis with Market Size Estimates for Enhanced Growth 2023-2028. Paragliding grows as one of the favourite adventure activities in Malaysia. The lockdown and shutdown of businesses due to the pandemic of covid-19 has impacted very badly the tourism industry. Inbound expenditure is forecast to grow on average 3.5 percent per annum and reach $39 billion by 2022-23. 8.1.9.3.Market size and forecast, by type of travelers, 2019-2027 The MarketWatch News Department was not involved in the creation of this content. We have a team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details. For instance, adventure travel operators are focusing on virtual reality to offer realistic visual experience of adventure activities and natural surroundings. It also includes different types of lifestyle, clothing, eating, festivities, and the whole social setup. If you establish a place free from plastic and zero carbon emission. In the Polish economic situation, SWOT analysis is frequently used in a fragmentary manner which should be considered as a serious methodological oversight and may jeopardize the value of the entire process related to the strategic management of the tourism . According to the World Health Organization, 15 percent of the world's population has an access need, and with the increased interest in nature-based, active, and cultural tourism comes travelers from a wider variety of backgrounds, ages, and abilities. The Report Takes 2020 As The Base Year And Considers A Wide Range Of, Adventure Theme Park Market Research Capital expenditure, SWOT Analysis includin , AMA published a new study on the Global Adventure Theme Park Market exclusive insights, Opportunities and revenue size estimation and growth factors. The report also includes a discussion of the key vendors operating in this market. Such steps would help you to attract environmentally friendly customers. 3.9.Strategic overview, 4.1.1.Market size and forecast, by region, 2019-2027 Owing to this factor, the European market is anticipated to witness accelerating growth.The key players operating in the global industry include G Adventures, Butterfield & Robinson Inc., Abercrombie & Kent USA, LLC., MTSOBEK, Intrepid Group, Recreational Equipment, Inc., Austin Adventures, Topdeck Travel Limited, ElderTreks, and Lindblad Expeditions. 2021. pandemic has shown to have an enormous impact 8.2.11.4.Market size and forecast, by age group, 2019-2027 Some of the key players profiled in the study are, Adventure Theme Park Market is Going to Boom | WildPlay, Adventure Park Lubbock, , Global Adventure Theme Park Market is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. Learn More. The tourism industry plays a very important role in the GDP and economy of a country. 8.2.12.2.Market size and forecast, by activity, 2019-2027 The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Hybrid Adhesives and Hybrid Sealants Market. This factor is predicted to bolster the growth of the market in the forecast time. 8.1.8.3.Market size and forecast, by type of travelers, 2019-2027 In November 2019, Topdeck Travel Limited, a global Australian travel brand, appointed Lab, a unit of the Lab group of agencies, to revamp its digital platform. 9.2.4.Recent strategic moves & developments As part of this research, TRA came out with a classic SWOT analysis of Australia's . Cultural heritage and historical places are the main centers of attention for many tourists. 6.1.2.Comparative market share analysis, 2019 & 2027, 6.2.1.Market size and forecast, by region, 2019-2027 Adventurism tourism is a travel activity that involves cultural exchange, activities in the nature and physical activity. Due to these aspects, more people are becoming interested in adventure tourism. According to a recent study done by Research Dive, the global adventure tourism market size is predicted to reach $1,796,243.8 million by 2027, at a 15.0% CAGR, growing from $609,000.0 million in 2019. you cant do anything about it. A. Very few of them use sponsored posts on different social media platforms to target their specific market. 3.3.4.Threat of substitutes If a tourist spot has luxury hotels, its good for business and rich people. THe analysis below shows. SWOT analysis for TUI Travel PLC. The tourism and travel industry plays a significant role in the economy of a country. 8.4.7.2.Market size and forecast, by activity, 2019-2027 People speak different languages across the world and theres a strong cultural diversity. Adventure Tourism Market size was valued at USD 316.40 Billion in 2022 and is projected to reach USD 1156.73 Billion by 2030, growing at a CAGR of 15.74% from 2023 to 2030. Some of the key players profiled, Medical Computer Carts Market to Witness Huge Growth by 2029 | Ergotron, Advante , 2023-2031 Report on Global Medical Computer Carts Market by Player, Region, Type, Application and Sales Channel is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. 2.5.Age group trends, 3.1.Market segmentation & definitions 8.3.12.5.Comparative market share analysis, 2019 & 2027, 8.4.1.Market size and forecast, by Type, 2019-2027 If theyre able to provide a unique customer experience, they can excel in it. Best for Families: Thomson Family Adventures. 8.1.7.2.Market size and forecast, by activity, 2019-2027 8.4.7.5.Comparative market share analysis, 2019 & 2027, 8.4.8.1.Market size and forecast, by Type, 2019-2027 In 2019, the tourism industry along with the travel business single-handedly added 2.9 trillion dollars to the worlds economy. 8.3.11.4.Market size and forecast, by age group, 2019-2027 Swot analysis of travel and tourism industry. The purpose of tourism is to refresh your mind by changing the environment, away from home, business, and work environment. Quantitative SWOT analysis for prioritizing ecotourism-planning decisions in protected areas: Igneada case Article Jan 2016 INT J SUST DEV WORLD Sara Demir Hayriye Esbah Tuncay Aliye Ahu. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Medical Computer Carts Market. Further, adventure travelling is about interacting and connecting with new landscapes and cultures. SWOT Analysis helps in strategic planning in following manner-. Tourism today offers a strange world of experiences that needs to 6.4.2.Comparative market share analysis, 2019 & 2027, 7.1.1.Market size and forecast, by region, 2019-2027 According to Barraclough (2020) women working full-time earn on average $253.60 less per week than their male counterparts. 8.2.8.4.Market size and forecast, by age group, 2019-2027 Adventure tourism is tourism that involves any kind of activity or adventure. The tourism industry is a type of business where people get out of their casual environment and visit someplace different for leisure activities. It helps in identifying core competencies of the firm. 8.3.11.3.Market size and forecast, by type of travelers, 2019-2027 9.5.5.SWOT analysis, 9.6.1.Business overview The tech development and progress that we see in different fields like transport, hotels, and luxury are all moving in a different direction. 8.2.8.5.Comparative market share analysis, 2019 & 2027, 8.2.9.1.Market size and forecast, by Type, 2019-2027 Best for Women: Adventures in Good Company. It divides an overall analysis into internal issues - strengths and weaknesses) and external issues (opportunities and threats). Its because different businesses have different objectives and they may not agree with your plan. One of the most important advantages of the tourism industry is that it increases the GDP growth of your country. A. Europe adventure tourism market accounted for $209,496.0 million in 2019. These factors are predicted to hinder the growth of the adventure tourism industry growth in the forecast years. Such festivals and their unique history provide a unique experience to the people. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 9.7.5.SWOT analysis, 9.8.1.Business overview 8.3.12.2.Market size and forecast, by activity, 2019-2027 According to statista.com, the tourism industry combined with the travel business contributed approximately 2.9 trillion US dollars to the global economy by the end of 2019. Situation Analysis. 9.2.5.SWOT analysis, 9.3.1.Business overview It gives the impression of a safe environment. Is there a problem with this press release? About Us:Market is changing rapidly with the ongoing expansion of the industry. 8.3.9.3.Market size and forecast, by type of travelers, 2019-2027 9.5.4.Recent strategic moves & developments We dont see a high level of professionalism often. 8.4.2.Market size and forecast, by activity, 2019-2027 To know more about adventure tourism market drivers, get in touch with our analysts here. Thus, sustainable tourism should: 1) Make optimal use of environmental resources that constitute a key element in tourism development, The global adventure tourism market share analysis is based on type, activity, type of travelers, age group and geography. And G Adventures. SWOT model. Expect packages to cost at least RM220 (US$56). The SWOT (strengths, weaknesses, opportunities, threats) matrix is a popular tool for strategic analysis in the business field. The tourism industry has added approximately 580.7 billion US dollars to the US economy alone. Builds organization's strengths. If it can attract the attention of customers, then it would sell in the market. The objectives of Singapore is to triple the tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional . SWOT Analysis is a tool used for strategic planning and strategic management in organizations. 3.2.2.Top winning strategies, 3.3.1.Bargaining power of consumers Scanning the internal and external environment facilitates in-depth analysis of a process, organization . The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Lawn Garden Robot Market. Report Summary: 9.9.5.SWOT analysis, 9.10.1.Business overview These factors are accelerating the young age travelers to gain much excitement by stepping out from comfort zones, which is predicted to fuel the industry growth in the forecast time. 8.1.9.2.Market size and forecast, by activity, 2019-2027 These factors are predicted to hamper the growth of the adventure tourism market in the analysis period. As travelers seek new and different experiences, adventure tourism continues to grow in popularity. tourism activity, on the other hand, with regard to a destination (region, area, country) the SWOT analysis must be done also for the tourism enterprise and product by considering some elements (see table 1). According to McNeely (1998) and Mbaiwa (2003), tourism is known as the largest growing industry especially in the area of job creation, improve quality of life to host community, improving local economy and many more (Mochechela, 2010).This is because tourism industry is one of the largest industries where host resident can get the economic 9.3.4.Recent strategic moves & developments Their finances are limited and tourism is a luxury to them that they cant afford. The tourism industry is a combination of many sub-industries like Travel companies, hotels and restaurants, lodging, transport business, attraction, and many other small businesses.