The Canadian space tourism industry is expected to witness tremendous growth. The industry will grow from an estimated USD 5.9 million in 2025 to USD 18.8 billion by 2035, representing a CAGR of 12.3% over the forecast period from 2025 to 2035.The expansion of this market is driven by several factors, including innovations in space technology, increasing public interest in space travel, and the active participation of Canadian space companies, as well as international partnerships, that are making space experiences more accessible to the public.
Market Overview
| Attribute | Value |
|---|---|
| Estimated Canadian Industry Size (2025E) | USD 5.9 million |
| Projected Canadian Value (2035F) | USD 18.8 billion |
| Value-based CAGR (2025 to 2035) | 12.3% |
As space tourism technology advances, opportunities for civilian space travel in Canada are expected to increase. Private Canadian companies, such as MDA (MacDonald, Dettwiler and Associates), and international players like Blue Origin and Virgin Galactic, are actively developing space travel solutions. The development of reusable spaceflight systems, government investments in space research, and growing public interest in unique travel experiences will contribute to the industry’s expansion.
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The following chart shows the expected CAGR changes for 2025, compared to the base year of 2024, indicating the pace of growth as market conditions shift.
CAGR Values for Canadian Space Tourism Industry (2024 to 2025)
It is anticipated that the Canadian space tourism industry will grow at a CAGR of 11% during the first half of 2024, with this rate rising to 11.5% in the second half. By H1 2025, this is projected to reach 11.7%, and further increase to 12.3% by the end of the year, as demand for orbital and suborbital flights grows, along with the addition of new space tourism offerings.
| Category | Details |
|---|---|
| Market Value | The Canadian space tourism market is projected to generate USD 18.8 million in 2024, making up approximately 20% of North America's space tourism market. |
| Domestic Market Share | 60%, with the majority of Canadian space tourists located in cities like Toronto, Vancouver, and Montreal. |
| International Market Share | 40%, with international tourists primarily from the USA, the UK, and emerging space enthusiasts from Asia. |
| Key Destinations | Canada is home to key space tourism sites, including the Canadian Space Agency's (CSA) facilities in Quebec, as well as potential partnerships with private companies for spaceports in remote areas like Yukon. |
| Economic Impact | Canadian space tourism is generating job opportunities in space technology, tourism infrastructure, and commercial space programs across the country. |
| Key Trends | Growth in suborbital flights, Canadian-led space projects, and innovative collaborations between governmental agencies and private companies. |
| Top Travel Seasons | Space tourism bookings are expected to peak in summer and winter, aligning with optimal conditions for spaceflights. |
In 2024, Canada’s space tourism industry generated USD 5.3 million, which underscores Canada's increasing participation in the space tourism industry due to the increase of private and public collaborations. Home-based tourists take up 60% of the market, with most of them coming from metropolitan cities such as Toronto and Vancouver, and overseas tourists, predominantly from the USA, UK, and Asia, occupying 40% of the bookings.
This is evidence of the escalating global interest in Canadian space tourism experiences. Some of the key locations are the facilities of the Canadian Space Agency (CSA) in Quebec and future spaceports in remote areas such as Yukon, which present perfect locations for spaceflights. The economic advantages are the generation of employment in the Canadian space and tourism sectors and infrastructure investments.
The industry also keeps pace with main trends such as an expansion in suborbital flights that are more feasible for tourists, and strategic partnerships among Canada's space agencies and corporations to enhance the industry further. Reservations reach their height in summer and winter when atmospheric conditions for going into space are at their best.
| Date | Development & Details |
|---|---|
| Jan 2025 | Canadian Space Flight Experience - MDA introduces its first civilian spaceflight program, offering Canadian and international tourists the chance to journey into low Earth orbit. |
| Dec 2024 | Blue Origin Collaboration - Blue Origin partners with Canadian space companies to offer joint suborbital flights from Canadian spaceports. |
| Nov 2024 | Canadian Space Resort Concept - A partnership between CSA and private companies announces plans for a space resort in low Earth orbit, catering to tourists seeking extended stays in space. |
| Oct 2024 | Orbital Flight Training in Canada - MDA launches a new training center in Quebec City for Canadian and international tourists preparing for orbital missions. |
| Sept 2024 | CSA-Led Suborbital Mission - The Canadian Space Agency collaborates with private space companies to launch its first suborbital mission, offering civilians a brief but exhilarating space adventure. |
Direct Suppliers Dominate Space Tourism in Canada
By 2025, direct suppliers are expected to handle 72% of Canada's space tourism reservations, triggered by a variety of factors that make direct deals with space tourism players more appealing to consumers. Increased bookings from major players such as SpaceX, Blue Origin, and Virgin Galactic are largely a result of increased public interest in traveling to space, fueled by record-breaking launch events and accomplishments. The widespread interest of the general public in space travel, combined with major technological innovation within the space sector, has encouraged a new era of space tourism where consumers are able to communicate directly with operators without the usual intermediaries such as travel agents.
Among the important drivers of this change is the transparency that is offered by direct booking websites. Websites and select platforms of space tourism companies provide customers with a clear picture of pricing, accessible flight times, and travel packages. Such transparency makes prospective space tourists well-equipped with information about the cost and services prior to making a choice. Clients enjoy being able to contrast various packages of flights, dates, and other services without the vagueness commonly found with third-party brokers.
Another major impetus for the growth of direct bookings is the convenience and flexibility it provides. Direct booking with firms such as SpaceX or Blue Origin allows tourists to be informed of the latest news on flight schedules, safety measures, and technological advancements. Such firms are leading players in space technology and can give real-time information on the status of their spaceflights, keeping customers adequately informed for their travels. As space travel is made more accessible for the masses, direct booking will be the favoured way due to its convenience, flexibility, and increasing variety of space tourism experience offered by established operators and new entrants into the market.
Suborbital Space Tourism Takes the Lead
Suborbital space tourism will be the leader of Canada's space tourism industry, with estimates showing it will make up 60% of the market by 2025. The reasons for this expansion are the relative affordability and thrill of suborbital trips, which offer a sensational yet more cost-effective way of experiencing space travel. Firms such as Virgin Galactic, with their SpaceShipTwo, are leading in this segment and providing customers the exclusive experience of weightlessness along with seeing our planet from the edge of space. These flights, although short-lasting typically between four and six minutes in the weightlessness zone-offer an unforgettable experience that many space enthusiasts consider a once-in-a-lifetime opportunity.
What makes suborbital tourism particularly appealing is its affordability in comparison to more extensive orbital missions. Unlike orbital flights, which involve significantly longer durations and more complex logistical requirements, suborbital flights are relatively short, focused on giving customers the sensation of weightlessness and a spectacular view of the curvature of Earth from altitudes above 100 kilometers. These shorter journeys require less training, lower costs, and are easier to organize, making them much more accessible to the general public. Consequently, suborbital space tourism is poised to attract a broader variety of tourists, such as those with modest space travel budgets who crave a glimpse of space travel without the substantial price and time investment of orbital missions.
Increased demand for suborbital tourism is also driven by advances in space technology, as private corporations continue to develop their spacecraft and enhance the safety, reliability, and frequency of suborbital flights. As more travelers desire an exciting and novel experience, suborbital space tourism will remain the preferred gateway for the masses who want to take the leap into space.
The Canadian space tourism industry is growing at a fast rate, with top players in the industry, including Maritime Launch Services, SpaceRyde, and Reaction Dynamics, leading the way towards a new frontier in traveling into space. MDA, a leading Canadian space technology company, is concerned with the development of Canadian citizens' spaceflight capabilities and orbital missions, while foreign companies like Blue Origin and Virgin Galactic are slowly making their presence felt in Canada, with a concentration on suborbital and low Earth orbit flights.
2025 Market Share of Canadian Space Tourism Players
Leading players include Maritime Launch Services (31%), SpaceRyde (24%), and Reaction Dynamics (12%), with increasing market participation from emerging Canadian and international spaceflight startups.
The Canadian Space Tourism Industry is expected to grow at a CAGR of 12.3% from 2025 to 2035.
The market is projected to reach USD 18.8 billion by 2035.
Key drivers include advancements in spaceflight technology, the increasing demand for unique luxury travel experiences, and growing interest in space exploration, especially within Canada’s space community.
Key players include Maritime Launch Services, SpaceRyde, and Reaction Dynamics, along with emerging startups and international space tourism companies entering the market with unique space travel offerings.
The industry is segmented into Direct Suppliers and Indirect Suppliers.
The market is analyzed by age groups, including Under 15, 16 to 25, 26 to 35, 36 to 45, 46 to 55, and Over 55.
Segmentation includes Stratospheric, Suborbital, Orbital, and Others.
The market is analyzed by gender (Male, Female) and includes Kid as a demographic category.
The industry is segmented into Domestic and International tourists.
The industry is segmented into Offline Booking and Online Booking.
The market includes Individual Travel and Group Travels.
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