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Adventure Tourism Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR44576
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Based on Technavio's market sizing methodology, the adventure tourism market size is predicted to surge by USD 2.50 trillion from 2021 to 2026 at a CAGR of 38.87%.

This adventure tourism market research report has covered details of key players and demographic segmentation that highlight potential growth areas and competition. Furthermore, the post COVID-19 impact analysis on the market captured in this report will help players evaluate their business approaches.

Adventure tourism market segmentation - Type (domestic adventure tourism and international adventure tourism), source (indirect contribution, direct contribution, and induced contribution), and geography (Europe, APAC, North America, South America, and Middle East and Africa).

Adventure tourism market vendors - Kent USA LLC, Austin Adventures, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Exodus Travels Ltd., Explore Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group, Kensington Tours Ltd., Lindblad Expeditions Holdings Inc., MT Sobek, Passages Exotic Expeditions Ltd, Recreational Equipment Inc., ROW Adventures, The Walt Disney Co., Trafalgar Tours Pty Ltd, Travelopia, and TUI AG among others.

What will the Adventure Tourism Market Size be During the Forecast Period?

Adventure Tourism Market Size

Download the Free Report Sample to Unlock the Adventure Tourism Market Size for the Forecast Period and Other Important Statistics

 

Adventure Tourism Market: Key Drivers, Trends, and Challenges

The increasing disposable incomes is notably driving the adventure tourism market growth, although factors such as low penetration rate in developing economies may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the adventure tourism industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Adventure Tourism Market Driver

One of the key factors driving the global adventure tourism industry growth is the increasing disposable incomes. For instance, according to the data stated by the Bureau of Economic Analysis in 2019, the disposable personal income (DPI) after the income tax increased from 0.3% in May 2019 to 0.4% in June 2019 in the US. According to the OECD, household disposable income has increased in all developed and developing countries since 2018. Thus, according to the data published by the Department of Commerce, the US is projected to welcome 95.5 million international visitors annually by 2023. Such will boost the demand for luxurious travel to different destinations across the world, which, in turn, will foster market growth during the forecast period.

Key Adventure Tourism Market Trend

Online reviews encouraging travel industry is one of the key adventure tourism market trends that is expected to impact the industry positively in the forecast period. Owing to quick internet access and an increase in smartphone penetration, people these days tend to check online reviews before planning a holiday. With the current trend of online reviews, consumers get a variety of necessary information and tools in terms of testimonials. It allows travelers to plan their journey and obtain food and lodging facilities in advance with the help of the information available on the Internet. In addition, online reviews provide direct access to destination images and videos, reviews and weather reports, as well as maps and guides, which encourages customers to plan their holiday, which will further support the market growth.

Key Adventure Tourism Market Challenge

One of the key challenges to the global adventure tourism industry growth is the low penetration rate in developing economies. Vendors of adventure tourism mostly focus on tier 1 cities as they have a limited presence in tier 2 and tier 3 cities. In addition, individuals from developing countries engage in outdoor recreational activities only for fitness and other health needs. Although the young population is slowly developing a keen interest in exploring adventure activities. However, it is limited to short-duration trips of 1-3 days. The phenomenon of solo travel is also at a nascent stage in developing regions such as MEA. Such factors may limit the market growth during the forecast years.

This adventure tourism market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global adventure tourism market as a part of the global leisure facilities market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the adventure tourism market during the forecast period.

Who are the Major Adventure Tourism Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Abercrombie and Kent USA LLC
  • Austin Adventures
  • BikeHike Adventures Inc.
  • BOUNDLESS JOURNEYS
  • Butterfield and Robinson Inc.
  • Exodus Travels Ltd.
  • Explore Worldwide Ltd.
  • G Adventures
  • Geographic Expeditions Inc.
  • Intrepid Group
  • Kensington Tours Ltd.
  • Lindblad Expeditions Holdings Inc.
  • MT Sobek
  • Passages Exotic Expeditions Ltd
  • Recreational Equipment Inc.
  • ROW Adventures
  • The Walt Disney Co.
  • Trafalgar Tours Pty Ltd
  • Travelopia
  • TUI AG

 

This statistical study of the adventure tourism market encompasses successful business strategies deployed by the key vendors. The adventure tourism market is fragmented and the vendors are deploying growth strategies such as product launches and business expansion to compete in the market.

Product Insights and News

  • Abercrombie and Kent USA LLC - The company offers adventure tourism such as a safari in Africa and the Himalayas in India and Southeast Asia. 
  • Abercrombie and Kent USA LLC - Under the cruises segment, the company provides luxury travel by cruise to destinations across the globe. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The adventure tourism market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Adventure Tourism Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the adventure tourism market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Adventure Tourism Market?

Adventure Tourism Market Market segmentation by region

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31% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for adventure tourism in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in disposable income and the presence of numerous exotic destinations will facilitate the adventure tourism market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The ongoing COVID-19 pandemic severely impacted APAC countries such as India, China, Australia, Malaysia, and Japan, especially in 2020. As of March 28, 2022, India reported more than 43.02 million COVID-19 cases, and associated deaths were 521,066. The outbreak of the disease in 2020 led to the imposition of lockdowns during the first few months of 2020. Thus, the outbreak of the COVID-19 pandemic impacted the tourism industry in APAC significantly. However, with decreasing number of COVID-19 cases due to the initiation of vaccination drives by the governments and the resumption of airline services has stabilized the growth of the market since the second half of 2021 and would further help the market to grow during the forecast period.

What are the Revenue-generating Type Segments in the Adventure Tourism Market?

Adventure Tourism Market Segmentation

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The adventure tourism market share growth by the domestic adventure tourism segment will be significant during the forecast period. The segment is expected to witness significant growth in the coming years, as the ongoing COVID-19 outbreak has restricted international travel, and consumer spending power has decreased due to the economic slowdown. In addition, it offers familiarity with the country's tourism policies, government rules, and risks associated with adventure sports, which will further accelerate the YoY growth rate of the segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the adventure tourism market size and actionable market insights on post COVID-19 impact on each segment.

 

Adventure Tourism Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 38.87%

Market growth 2022-2026

$ 2.50 tn

Market structure

Fragmented

YoY growth (%)

24.26

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key consumer countries

US, China, Japan, Germany, Italy, US, China, Japan, Germany, and Italy

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Abercrombie and Kent USA LLC, Austin Adventures, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Exodus Travels Ltd., Explore Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group, Kensington Tours Ltd., Lindblad Expeditions Holdings Inc., MT Sobek, Passages Exotic Expeditions Ltd, Recreational Equipment Inc., ROW Adventures, The Walt Disney Co., Trafalgar Tours Pty Ltd, Travelopia, and TUI AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Adventure Tourism Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive adventure tourism market growth during the next five years
  • Precise estimation of the adventure tourism market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the adventure tourism industry across Europe, APAC, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of adventure tourism market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 25: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 27: Chart on Comparison by Type
      • Exhibit 28: Data Table on Comparison by Type
    • 5.3 Domestic adventure tourism - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Domestic adventure tourism - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Data Table on Domestic adventure tourism - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 31: Chart on Domestic adventure tourism - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Domestic adventure tourism - Year-over-year growth 2021-2026 (%)
    • 5.4 International adventure tourism - Market size and forecast 2021-2026
      • Exhibit 33: Chart on International adventure tourism - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Data Table on International adventure tourism - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 35: Chart on International adventure tourism - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on International adventure tourism - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 37: Market opportunity by Type ($ billion)

    6 Market Segmentation by Source

    • 6.1 Market segments
      • Exhibit 38: Chart on Source - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Source - Market share 2021-2026 (%)
    • 6.2 Comparison by Source
      • Exhibit 40: Chart on Comparison by Source
      • Exhibit 41: Data Table on Comparison by Source
    • 6.3 Indirect contribution - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Indirect contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on Indirect contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on Indirect contribution - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Indirect contribution - Year-over-year growth 2021-2026 (%)
    • 6.4 Direct contribution - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Direct contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Direct contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Direct contribution - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Direct contribution - Year-over-year growth 2021-2026 (%)
    • 6.5 Induced contribution - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Induced contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on Induced contribution - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on Induced contribution - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Induced contribution - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by Source
      • Exhibit 54: Market opportunity by Source ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.4 APAC - Market size and forecast 2021-2026
      • Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 69: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 70: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 China - Market size and forecast 2021-2026
      • Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.10 Germany - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.11 Italy - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 93: Data Table on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 94: Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • 8.12 Japan - Market size and forecast 2021-2026
      • Exhibit 96: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 97: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 98: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 100: Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 101: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 103: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 104: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 105: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 106: Matrix on vendor position and classification
            • 11.3 Abercrombie and Kent USA LLC
              • Exhibit 107: Abercrombie and Kent USA LLC - Overview
              • Exhibit 108: Abercrombie and Kent USA LLC - Product / Service
              • Exhibit 109: Abercrombie and Kent USA LLC - Key offerings
            • 11.4 Austin Adventures
              • Exhibit 110: Austin Adventures - Overview
              • Exhibit 111: Austin Adventures - Product / Service
              • Exhibit 112: Austin Adventures - Key offerings
            • 11.5 Butterfield and Robinson Inc.
              • Exhibit 113: Butterfield and Robinson Inc. - Overview
              • Exhibit 114: Butterfield and Robinson Inc. - Product / Service
              • Exhibit 115: Butterfield and Robinson Inc. - Key offerings
            • 11.6 G Adventures
              • Exhibit 116: G Adventures - Overview
              • Exhibit 117: G Adventures - Product / Service
              • Exhibit 118: G Adventures - Key offerings
            • 11.7 Intrepid Group
              • Exhibit 119: Intrepid Group - Overview
              • Exhibit 120: Intrepid Group - Product / Service
              • Exhibit 121: Intrepid Group - Key offerings
            • 11.8 Lindblad Expeditions Holdings Inc.
              • Exhibit 122: Lindblad Expeditions Holdings Inc. - Overview
              • Exhibit 123: Lindblad Expeditions Holdings Inc. - Business segments
              • Exhibit 124: Lindblad Expeditions Holdings Inc. - Key offerings
              • Exhibit 125: Lindblad Expeditions Holdings Inc. - Segment focus
            • 11.9 MT Sobek
              • Exhibit 126: MT Sobek - Overview
              • Exhibit 127: MT Sobek - Product / Service
              • Exhibit 128: MT Sobek - Key offerings
            • 11.10 Recreational Equipment Inc.
              • Exhibit 129: Recreational Equipment Inc. - Overview
              • Exhibit 130: Recreational Equipment Inc. - Product / Service
              • Exhibit 131: Recreational Equipment Inc. - Key offerings
            • 11.11 The Walt Disney Co.
              • Exhibit 132: The Walt Disney Co. - Overview
              • Exhibit 133: The Walt Disney Co. - Business segments
              • Exhibit 134: The Walt Disney Co. - Key offerings
              • Exhibit 135: The Walt Disney Co. - Segment focus
            • 11.12 TUI AG
              • Exhibit 136: TUI AG - Overview
              • Exhibit 137: TUI AG - Business segments
              • Exhibit 138: TUI AG - Key offerings
              • Exhibit 139: TUI AG - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 140: Inclusions checklist
                • Exhibit 141: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 142: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 143: Research methodology
                • Exhibit 144: Validation techniques employed for market sizing
                • Exhibit 145: Information sources
              • 12.5 List of abbreviations
                • Exhibit 146: List of abbreviations
              • -By ride type: Water rides: Include a water slide, water pool, water coaster, inflatable floats, speed slide, inner tubing rides, lazy river, and leisure rides;

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Adventure Tourism Market market growth will increase by $2.50 tn during 2022-2026.
                The adventure tourism market market is expected to grow at a CAGR of 38.87% during 2022-2026.
                Technavio has segmented the adventure tourism market market by type (Domestic adventure tourism and International adventure tourism ) and geographic (Europe, APAC, North America, South America, Middle East and Africa, Europe, APAC, North America, South America, and Middle East and Africa).
                Abercrombie and Kent USA LLC, Austin Adventures, BikeHike Adventures Inc., BOUNDLESS JOURNEYS, Butterfield and Robinson Inc., Exodus Travels Ltd., Explore Worldwide Ltd., G Adventures, Geographic Expeditions Inc., Intrepid Group, Kensington Tours Ltd., Lindblad Expeditions Holdings Inc., MT Sobek, Passages Exotic Expeditions Ltd, Recreational Equipment Inc., ROW Adventures, The Walt Disney Co., Trafalgar Tours Pty Ltd, Travelopia, TUI AG are a few of the key vendors in the adventure tourism market market.
                APAC will register the highest growth rate of 31% among the other regions. Therefore, the adventure tourism market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                • US
                • China
                • Japan
                • Germany
                • Italy
                • US
                • China
                • Japan
                • Germany
                • Italy
                The key factors driving the adventure tourism market market growth are:
                • increasing disposable incomes
                • Online reviews encouraging travel industry
                The adventure tourism market market vendors should focus on grabbing business opportunities from the domestic adventure tourism segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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