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Adventure Tourism Market - Industry Forecast, 2023

Adventure tourism market is generated $444,850 million in 2016 and predicted to hit 1,335,738 million by 2023, registering a CAGR of 17.4 % from 2017-2023

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Adventure Tourism Market - Industry Forecast, 2023

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  1. Adventure Tourism MarketAnalysis By Top Key Players, 2017-2023 Global Opportunity Analysis And Industry Forecast, 2017-2023

  2. Adventure Tourism Market Overview: TheGlobal Adventure Tourism Marketwas valued at $444,850 million in 2016, and is projected to reach $1,335,738 million in 2023, registering a CAGR of 17.4 % from 2017 to 2023. The development of the travel & tourism sector fosters the growth for adventure tourism market. Request Sample Report: Adventure tourism refers exploration or travel with a certain degree of risk faced during the vacation. Some of the activities involved during adventure tourism include caving, climbing, cycling, hiking, rafting, and other activities. Tourism is one of the most rapidly growing sectors, among which adventure tourism is one of its fastest growing segments. Based on travel market survey, America and Europe are the two leading regions in this market. Adventure tourism has grown exponentially worldwide over the past few years, as travelers are keen to visit undiscovered destinations. Moreover, with the significant increase in government initiatives in the form of public and private partnership to promote tourism has fueled the growth of the global adventure tourism market. However, risk involved in adventure travelling and unpredictable weather conditions restrain the market growth. Conversely, increase in social media trend is anticipated to provide a lucrative opportunity for the market growth, as Facebook has become the preferred social networking site among travelers to get the best travel deals.

  3. Key Players Major companies profiled in the report include Austin Adventures, Inc., G Adventures Inc., Mountain Travel Sobek, TUI AG., ROW Adventures, REI Adventures, InnerAsia Travel Group, Inc., Intrepid Group Limited, Butterfield & Robinson Management Services, Inc., and Abercrombie & Kent Group of Companies S.A.

  4. Key Market Benefits For Stakeholders • The study provides an in-depth analysis of the adventure tourism market with current and future trends to elucidate the imminent investment pockets in the market. • The report provides information regarding key drivers, restraints, and opportunities with impact analysis. • Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers. • Market player positioning in the report provides a clear understanding of the position of leading companies.

  5. Adventure Tourism Market Key Segments:

  6. By Geography • North America • U.S. • Canada • Mexico • Europe • Germany • Switzerland • Norway • Italy • Rest of Europe • Asia-Pacific • China • India • Japan • Australia • New Zealand • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Africa

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