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Global Adventure Tourism Market to Witness Propelling Growth with Increase in Percentage of Soft Adventure Activities

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Published on : Mar 06, 2018

ALBANY, New York, March 06, 2018: The global adventure tourism market has been dropping good signs for vendors operating therein, mainly because of the rise in the proportion of soft adventure activities. According to a report added by ResearchMoz.us, the market could expand at a 40.0% CAGR between 2017 and 2021. The report has borne the title “Global Adventure Tourism: Insight into key adventure tourism trends and the demands of adventure tourists.” Of the total international outbound departures, a whopping 70.0% has been foreseen in the report to be accounted by Europe, South America, and North America. The analysts have studied adventure tourism as sector growing at a faster rate across the world.

Adventure tourism has carried along great standards as it promotes the environment, supports local economies, and draws high-value customers. Although it could be risk-taking, adventure tourism has been highly demanded by passionate adventure tourists since a long time now. Adventure tourism has caused decline in mainstream tourism owing to the fact that a growing count of individuals have been willing to explore new adventure destinations. However, in countries such as Nepal and Iran, natural disasters and political events have slowed down the growth of the world adventure tourism market. Nevertheless, there could be plenty of opportunities to rely on in the near future.

Travelers looking for adventure experiences and authentic journeys have been particularly drawn by attractive adventure tourism packages provided by operators. Adventure tourism packages have come quite handy for travelers seeking for easy access to various destinations that interests them. Moreover, destinations that are recovering from various stresses have created a certain level of curiosity in travelers to start exploring them. The analysts authoring the report have provided significant insights into key demands of adventure tourists and crucial trends prevailing in the world adventure tourism market. Furthermore, they have thrown light on demographic and profile preferences of adventure tourists.

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Several international and domestic adventure tourists have been largely attracted to adventure sports activities in New Zealand, Canada, Germany, Iceland, and Switzerland. International tourist arrivals have been significantly boosted by kayaking, scuba diving, parasailing, and other adventure sports in key regions.

There could be two main types of adventure tourism, viz. soft and hard offered in the international market. However, both of them have been deemed to be profitable by market researchers. Among the two, soft adventure tourism has been surveyed to cost less substantial and expensive compared to hard adventure tourism. For instance, if a hard adventure activity of the mountain summit of Mt. Everest is taken into consideration, the cost could range somewhere close to a US$11,000 per person. However, the average total cost could well reach beyond a US$50,000 per person when costs related to tour guides, airfare, equipment, training, and other factors are taken into account.

Regions such as the Middle East, Asia, Africa, and Eastern and Central Europe have witnessed a telling growth in the international adventure tourism market in the recent years due to the improving disposable income of consumers. The report authors have done a brilliant job of making it easy for readers to understand key growth opportunities and market trends to help them take strategic decisions when operating in the market. They have also offered actionable insights on the market in a manner that is easy to understand even for a layman. The report pinpoints key areas where future growth opportunities could lie in the market.

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