Enjoy complimentary customisation on priority with our Enterprise License!
The sustainable tourism market size is forecast to increase by USD 508.3 billion at a CAGR of 11.6% between 2024 and 2029.
The sustainable tourism industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The domestic segment is estimated to witness significant growth during the forecast period.
Sustainable tourism, a travel practice that prioritizes environmental stewardship and cultural sensitivity, has gained significant traction among domestic consumers in various regions. Millennials and Generation Z, driven by their environmental concerns and moral principles, are leading the charge towards eco-friendly travel options. Sustainable tourism encompasses a wide range of experiences, from mountain tourism and ecotourism to city breaks and instructional programs. Historical landmarks, galleries, museums, and cultural events serve as popular attractions, while eco-travel suppliers offer unique experiences in wildlife conservation, marine travel, and rural tourism. Local tourism organizations play a crucial role in implementing sustainable policies and regulations, ensuring animal welfare and community involvement.
Urban tourism and solo travelers also contribute to the market's growth, with the increasing popularity of soft tourism and group tourism. The depletion of forests and loss of biodiversity necessitate urgent action, leading to financial incentives, tax exemptions, and subsidies for eco-tourism and community tourism. Effective communication channels and CSR initiatives facilitate cross-cultural between visitors and the local population. Domestic sustainable tourism dominates the market due to the absence of currency exchange issues and the importance of regional economic growth. As the market evolves, tourism value chain players, including eco-travel suppliers, tourism organizations, and educational institutions, are collaborating on agreements and initiatives to promote sustainable practices and mitigate environmental deterioration.
Online booking platforms and in-person booking services offer eco-friendly travel options, making it easier for independent travelers and package travelers to make informed choices. The tourism industry's commitment to sustainability is not only a moral imperative but also a strategic business decision, as consumers increasingly demand responsible and ethical travel experiences.
Get a glance at the market report of share of various segments Request Free Sample
The Domestic segment was valued at USD 385.70 billion in 2019 and showed a gradual increase during the forecast period.
Europe is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Free Sample
Sustainable tourism is a growing market trend, with consumer behavior increasingly favoring eco-friendly travel options. Millennials and Generation Z lead this shift, seeking authentic experiences that respect local cultures, wildlife, and natural resources. Sustainable tourism encompasses various sectors, including mountain tourism, ecotourism, city breaks, and marine travel. Eco-travel suppliers, tourism organizations, and educational institutions are responding to this demand, offering instructional programs, conservation initiatives, and community-based tourism. Policies and regulations play a crucial role in promoting sustainable practices, with governments setting targets to reduce carbon emissions and protect biodiversity. Laws and regulations cover various aspects, such as animal welfare, environmental management, and cultural preservation.
Communication channels, subsidies, and financial incentives are essential tools for promoting sustainable tourism. For instance, Invest India offers loans and grants to support eco-friendly projects. The tourism value chain, from independent travelers to package tourists and tour groups, benefits from these initiatives. Soft tourism, including visits to galleries, museums, and cultural events, is also gaining popularity. Urban tourism, rural travel, and island tourism are other emerging trends. Sustainable tourism's success hinges on the collaboration of various stakeholders, including tourism organizations, eco-travel suppliers, and the local population. Cross-cultural is essential for fostering positive relationships and minimizing environmental deterioration.
Online booking platforms and phone booking services facilitate eco-friendly travel options, making sustainable tourism more accessible to a wider audience. As the market evolves, it's essential to prioritize moral principles, such as respect for local communities and natural resources, to ensure the long-term sustainability of the industry.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The sustainable tourism market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the sustainable tourism market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, sustainable tourism market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Adventure Alternative Ltd. - The company specializes in eco-friendly travel experiences, including aviation adventures, wildlife safaris, educational excursions, and treks, promoting sustainable tourism practices. These journeys offer unique opportunities for personal growth and environmental awareness.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Sustainable tourism has emerged as a significant market trend, driven by the increasing awareness and concern for the environment among consumers. This shift in consumer behavior is particularly prominent among younger generations, including millennials and Generation Z, who prioritize experiences that align with their values and ethical principles. Outdoor sports and adventure activities have long been popular choices for travelers seeking authentic and eco-friendly experiences. Mountain tourism and ecotourism have gained popularity as visitors seek to explore natural landscapes while minimizing their impact on the environment. Eco-travel suppliers offer instructional programs and eco-friendly travel options, enabling travelers to learn about conservation efforts and engage in sustainable practices.
Historical landmarks and cultural sites are also popular destinations for sustainable tourism. Tourism organizations are implementing policies and regulations to ensure the preservation of these sites and the protection of local populations. Environmental concern is a key factor in the decision-making process for many travelers, leading to a growing demand for eco-friendly accommodations and transportation options. City breaks and urban tourism are also gaining traction in the market. Visitors are seeking authentic experiences that allow them to connect with local communities and learn about the history and culture of the destination. Museums and galleries offer educational opportunities, while cultural events provide unique experiences that showcase the rich diversity of different regions.
Wildlife tourism is another growing sector in sustainable tourism. Travelers are increasingly seeking opportunities to observe wildlife in their natural habitats while minimizing their impact on the animals and their environments. Animal welfare is a major concern, and many tourism organizations are implementing policies and regulations to ensure the ethical treatment of animals. Marine travel is also a popular choice for sustainable tourism. Coastal tourism and island hopping offer opportunities to explore unique ecosystems and learn about marine conservation efforts. Solo travelers and independent travelers are particularly drawn to these experiences, as they allow for a more personal and authentic connection with the destination.
Rural travel and eco-tourism are also gaining popularity, as travelers seek to explore off-the-beaten-path destinations and support local communities. Wilderness areas offer opportunities for adventure and exploration while minimizing the impact on natural resources. The market is complex and multifaceted, involving various entities and stakeholders. Tourism organizations, eco-travel suppliers, educational institutions, and government agencies all play a role in promoting and implementing sustainable practices. Financial incentives, such as tax exemptions, subsidies, and grants, are also important tools for encouraging sustainable tourism. Communication channels, including in-person booking and phone booking, are essential for connecting travelers with sustainable tourism options.
Online booking platforms have also become increasingly popular, offering a convenient and accessible way for travelers to plan their trips and make eco-friendly choices. The sustainable tourism value chain is evolving, with a growing emphasis on environmental management and community involvement. Agreements and initiatives between tourism organizations, local communities, and governments are crucial for ensuring the long-term sustainability of the industry. In , the market is driven by a growing awareness of environmental concerns and a desire for authentic and ethical travel experiences. Outdoor sports, historical landmarks, city breaks, wildlife tourism, and rural travel are all popular choices for sustainable travelers.
The involvement of various entities and stakeholders, including tourism organizations, eco-travel suppliers, educational institutions, and government agencies, is essential for promoting and implementing sustainable practices. Financial incentives and communication channels also play a crucial role in connecting travelers with sustainable tourism options.
Market Scope |
|
Report Coverage |
Details |
Page number |
194 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.6% |
Market growth 2025-2029 |
USD 508.3 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
10.1 |
Key countries |
US, France, Germany, UK, Canada, Japan, China, Italy, India, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this sustainable tourism market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.