Global Adventure Packages Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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This report was compiled by Research Team Research team of over 50 passionate professionals leverages advanced research methodologies and analytical expertise to deliver insightful, data-driven market intelligence that empowers businesses across diverse industries to make strategic, well-informed Correspondence Research Team Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz, in its upcoming report titled, “Global Adventure Packages Market Trends, Applications, Analysis, Growth, and Forecast 2027”, offers in-depth insights, revenue details, and other vital information regarding the global adventure packages market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global adventure packages market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report has been segmented on the basis of adventure type, package type, budget type, and region. The global adventure packages market was valued at US$ X trillion in 2016, and is expected to reach US$ X.X trillion at a double-digit CAGR of XX.X% over the forecast period.
Adventure packages, are adventure holidays tour and travel packages, and is attracting a larger number of audience as compared to other tourism segments recently, owing to the level of excitement, and experience of exploring scenic and remote places and locations. Adventure packages include outdoor activities such as caving, climbing, cycling, hiking, trekking, sky diving, scuba diving, rafting, and various others.
Adventure packages have become the fastest growing segment in tourism industry since the recent past, and their consumer base is increasing rapidly. Increase in sharing of adventure experiences, images, and videos in real-time on social networking platforms is a major trend, and this is a major factor driving demand for adventure packages globally. Growth of global adventure packages market is primarily driven by increasing per capita spending of individuals, especially in developed countries. Promotion of tourism by governments of various countries is another factor driving growth of the global adventure packages market. Fewer travel barriers as compared to the past such as easier availability and connectivity of transportation, low air fares, and improved Internet and mobile connectivity are other factors driving growth of the global adventure packages market.
Some major factors restraining growth of the global adventure packages market include unpredictable weather, high risks involved with activities such as caving, mountaineering, rock climbing, and other extreme activities etc. Political instability, and terrorism are also expected to hamper growth of the global adventure packages market. However, rising preference for adventure tours over relaxing vacations or tours is also expected to create opportunities for key players and thereby spur growth of the global market.
Europe market dominates the adventure packages market in terms of revenue and the dominance is expected to continue during the forecast period, owing to rising preference for adventure packages over vacations. Also, social media platforms are serving to bring about more awareness regarding new and lesser known locations for potential adventure seeking individuals to explore. North America accounts for second highest revenue contribution currently, while growth of the adventure packages market in Asia pacific is expected to increase significantly due to rising per capita income and disposable income among consumers in countries in the region.
Global Adventure Packages Market Segmentation:
Global adventure packages market segmentation by adventure type:
- Hard adventure
- Soft adventure
- Others
Global adventure packages market segmentation by package type:
- Family packages
- Group packages
- Couple packages
Global adventure packages market segmentation by budget type:
- High budget
- Medium Budget
- Low budget
Global adventure packages market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa.
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Austin-Lehman Adventures
- G Adventures
- Mountain Travel Sobek (MTS)
- Geographic Expeditions
- Intrepid Travels
- Boundless Journeys
- Butterfield & Robinson
- Wilderness Travels
- Classic Journeys
- Abercrombie & Kent
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