Asia-Pacific And Africa Ecotourism Market Estimated To Generate $150,908.3 Million By 2027, At a CAGR Of 14 %

The Asia-Pacific and Africa ecotourism market size is projected to reach $150,908.3 million by 2027, registering a CAGR of 14.0% from 2022 to 2027.

PORTLAND, OREGON, UNITED STATES, October 31, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Asia-Pacific and Africa Ecotourism Market by Age Group, Sales Channel, Traveler Type, Type, Services, Visitors, and Spending: Opportunity Analysis and Industry Forecast, 2022–2027,”
The Asia-Pacific and Africa ecotourism market size was valued at $64,417.9 million in 2021, and is projected to reach $150,908.3 million by 2027, registering a CAGR of 14.0% from 2022 to 2027.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐓𝐡𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-sample/32210

The rise of travel and tourism to unique destinations has shown significant resilience in Asia-Pacific as well as Africa. India, Kenya, Tanzania, and Nepal are the trending hotspots in unique eco-tourism destinations travelled across. Nepal witnessed a monumental 24% increase in travelers in 2019 recording about 1,173,072 travelers at the end of the year. Similarly, Kenya's 2018 tourist arrivals increased by more than 37% crossing the two million. Furthermore, countries such as Bhutan, Sri Lanka, and Philippines are now becoming main spots for ecotourism. Tanzania has performed competently in the last few years by focusing on niche markets in contrast with the country’s historical, natural, and cultural tourism assets.

The international departures decreased across the world owing to stringent air travel restrictions and lockdowns across the world. Furthermore, recent developments in resurgence of second wave of corona virus in Asia-Pacific and Africa are one of the major challenges for the industry to face in the upcoming days. The Asia-Pacific and Africa ecotourism market is segmented on the basis of age group, sales channel, traveler type, type, service visitor, spending, and region. Based on age group, the Asia-Pacific and Africa ecotourism market is bifurcated into generation X, generation Y, and generation Z. On the basis of sales channel, the Asia-Pacific and Africa ecotourism industry is studied across travel agents, tour operator, and direct.

The global ecotourism network (GEN) defines ecotourism as "responsible travel to natural areas that conserves the environment, sustains the well-being of the local people, and creates knowledge and understanding through interpretation and education of all involved (visitor, staff and the visited)". Ecotourism is a form of tourism that unites communities, and enables conservation, and sustainable travel. It involves travelling to remote and pristine destinations where the fauna, flora, and cultural heritage are the center of attractions. Recent years have seen increased popularity of eco-tourism around Asia-Pacific and Africa. The rise in preferences among travelers toward the green transport, focus on zero waste, and more interest for unique experience are few of the major Asia-Pacific and Africa ecotourism market trends augmenting the growth.

Wildlife tourism, birdwatching, coral reefs and pristine undisturbed natural areas such as Amazon forests, have attracted travelers across the globe. The tourism industry is getting impacted profoundly amidst the outbreak of the coronavirus. The outbreak started in China resulting in lockdown and widespread restrictions across the country.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/32210

The tourism industry in these regions is undergoing paradigm shift with increased environmental consciousness among the young and dynamic population in Asia-Pacific. As a result, stakeholders across the industry are promoting natural, unadulterated and pristine destinations to lure tourists. Preserving natural resources along with accommodating large tourists with minimal impact on the environment remains core objective for the engaged stakeholders. The Asia-Pacific and Africa ecotourism market growth is majorly driven by the adoption of technological advancements by the service providers to cater to the demand for digitized services and offerings in the sector.

Based on service the Asia-Pacific and Africa ecotourism market is segmented into travel, accommodation, and activities. On the basis type, the market is studied across type (wildlife, nature, marine, agro-tourism, eco-treks, eco-activities), Based on visitor, spending, and region, the market is segmented by domestic & international and budget, mid-range, & high-end, and Asia-Pacific & Africa respectively.

Based on traveler type, it is bifurcated into solo, group, and family. Based on service the Asia-Pacific and Africa market is segmented into travel, accommodation, and activities. On the basis type, the market is studied across type (wildlife, nature, marine, agro-tourism, eco-treks, eco-activities), Based on visitor, spending, and region, the Asia-Pacific and Africa ecotourism market is segmented by domestic & international and budget, mid-range, & high-end, and Asia-Pacific & Africa respectively.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (311 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/checkout-final/0e54052a3eab228349e99f6d250062ab

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲 :
• On the basis of age group, the generation Z segment is projected to witness the highest CAGR of 15.0%, in terms of revenue, during the Asia-Pacific and Africa ecotourism market forecast period.
• On the basis of sales channel, the travel agent segment is expected to dominate the Asia-Pacific and Africa ecotourism market size during the forecast period.
• On the basis of traveler type, the solo segment is expected to grow at a highest CAGR of 14.9% during the forecast period.
• On the basis of type, the marine segment is expected to dominate the Asia-Pacific and Africa ecotourism market share.
• On the basis of service, the activities segment is expected to grow at a highest CAGR of 14.7% during the forecast period.
• On the basis of visitor, the international segment is expected to grow at a highest CAGR of 14.4% during the forecast period.
• On the basis of spending category, high-end segment is expected to grow at a highest CAGR of 15.0% during the forecast period. China was the largest country, in terms of revenue generation, in Asia-Pacific ecotourism industry in 2021.
• The Asia-Pacific and Africa ecotourism market analysis indicates that Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 14.0% from 2022 to 2027.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 :
• This report provides an extensive analysis of the current Asia-Pacific and Africa ecotourism trends and emerging estimations & dynamics of the Asia-Pacific and Africa ecotourism market size from 2015 to 2027.
• Detailed Asia-Pacific and Africa ecotourism market analysis by age group helps to understand the preferences for ecotourism by different age groups, and the variants that are expected to gain prominence in the future.
• The Porter’s five forces analysis highlights the potency of buyers and providers to offer a competitive advantage to stakeholders to make profit-oriented business decisions and help strengthen their provider & buyer network.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Market share for all segments with respect to each country is detailed in the report, which helps to understand the trends in the industry.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :
Agritourism Market
Wellness Tourism Market
Sustainable Tourism Market https://www.alliedmarketresearch.com/sustainable-tourism-market-A06549
Sports Tourism Market https://www.alliedmarketresearch.com/sports-tourism-market-A13076

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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