DUBLIN--(BUSINESS WIRE)--The "Global Sustainable Tourism Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The sustainable tourism market will register a CAGR of over 10% by 2023.
The huge shift from traditional traveling to authentic and local travelling experiences with the changing tourist preferences has been identified as one of the critical reasons that will drive the sustainable tourism market.
Tourists are undertaking adventure trips in public transport instead of taxis, purchasing local products instead of souvenirs, and dining at restaurants that uses local and low-impact primary ingredients such as honey, cheese, and meat. This is one of the most significant aspects of sustainable tourism as it is supported by the growing awareness of environmental impacts of tourism.
Shifting preference toward local and authentic experiences
One of the growth drivers of the global sustainable tourism market is the shifting preference toward local and authentic experiences. The preference of several tourists is shifting from traditional traveling to local and authentic traveling experiences which is expected to drive the market during the forecast period.
High cost associated with green travel
One of the challenges in the growth of the global sustainable tourism market is the high cost associated with green travel. Sustainable tourism is expensive compared with traditional tourism which is expected to hinder the growth of the market.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Bouteco
- Kind Traveler PBC
- Responsible Travel
- Wild Frontiers Adventure Travel
- Wilderness Holdings Limited
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Comparison by type
- Domestic - Market size and forecast 2018-2023
- International - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Increase in eco-conscious travelers
- Rising popularity of organic sustainable tourism
- Increase in Internet access and online testimonials
- Other prominent trends
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bouteco
- Kind Traveler PBC
- Responsible Travel
- Wild Frontiers Adventure Travel
- Wilderness Holdings Limited
For more information about this report visit https://www.researchandmarkets.com/r/f4me9f
