As per the latest findings of Future Market Insights, Ethno-Tourism Community Based Eco Tourism revenue is expected to be USD 12,201 million by the end of 2023. In the long-term, the tourism is estimated to reach at around USD 88,003 Million in 2033.
| Attribute | Details |
|---|---|
| Travel Gross Revenue (2023 E) | USD 12,201 Million |
| Projected Market Size (2033 F) | USD 88,003 Million |
| Value CAGR (2023 to 2033) | 21.8% |
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Ethno-tourism is travel designed to discover ethnic populations and learn about unique cultures and customs by visiting and interacting with locals. In order to understand and experience native people and their way of life, ethno-tourists travel across the globe. This kind of tourism is especially prevalent in regions with a diverse population, rich legacy, and interesting history, such as India, Africa, Japan, etc.
Activities based on a particular region's culture are referred to as ethno-tourism; these include performances, presentations, and acts put on by indigenous populations. It encompasses village-based tourism, cultural anthropology, and tribal heritage from a broader perspective. As it is difficult to separate ethnic tourism from the countryside or landscape it occurs in, ethno-tourism and ecotourism are intertwined. Ecotourism is when nature visitors travel to various locations with the intention of enjoying the natural beauty.
Unquestionably, the Covid-19 pandemic has had negative effects on most enterprises and has caused a number of issues for them. Ecotourism destinations, which have encountered numerous difficulties, are one of these industries. Numerous ecotourism hotspots have seen a decline in activity or closure as a result of this outbreak.
Restrictions on human interaction and industrial activity have had positive effects, but negative ones including increasing poaching, animal trafficking, and deforestation as a result of falling tourism profits in indigenous communities.
With the push of tourist boards, initiatives by the government, and variations in different tour types the market is expected to grow beyond limits and become one of the integral attractions amongst the world.
Rise in Per Capita Income at Individual Level is a Crucial Factor Driving the Industry.
From the perspective of tourists, global demand for ethno-tourism is being observed as per capita income increases. The sense that visitors get from engaging with a different culture is what is driving the ethno-tourism industry. Youth and the urban population are becoming more open to seeing other cultures, and rising per capita income is also helping to support the ethno-tourism industry.
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The Industry has Observed Some New Trends Over the Past 10 Years That are Now Supplementing the Future Trends.
The international ecotourism society reports that ecotourism has been expanding quickly over the last decade. However, while ecotourism has the potential to have positive effects on the environment and society, ethno-tourism also plays a significant role in maintaining cultural values and identifying traditions. It also offers employment and educational opportunities.
Ethno-tourism is a notion that is not only well-liked by travelers from other regions, but also by locals. The greatest opportunity in this market is an increase in the number of participating nations that are beginning to work while ensuring that the two reasons is not only Shelters the environment on the other hand, it also benefits indigenous people, and it's becoming a trend of community-based ecotourism.
The practice of greeting guests and sharing one's lifestyle with them is currently becoming commercialized from a business perspective. The majority of these community members follow the right procedure or set of tasks, which they regularly engage in.
With the Expansion of the Tourism sector, Ethnic Experience and Varied Cultural Communities Led to the Growing Popularity of Ethno-Tourism based Eco-tourism.
India's tourism industry is expanding on all fronts. Growth is occurring on both a quantitative and qualitative level. Travel both domestically and abroad is increasing. There are many types of tourism that are becoming more and more popular, including ecotourism, adventure tourism, cultural tourism. While physical elements like mountains, beaches, deserts, and rivers continue to draw tourists, they are increasingly searching for ethnic experiences at well-known and attractive tourist locations. In other words, some tourists have a strong interest in the local human person and the things or traditions that surround him. The components attract attention in part because of their genuineness and exotic nature.
Various Factors Positively Benefited the South African Region and Made it One of the Top Players in the Industry.
Different cultures from the subregion are displayed at some ethno-tourism destinations. The workers at these re-created communities come from various cultural and linguistic backgrounds and are native to their respective geographic regions. Such rebuilt multi-cultural spaces promote tolerance and understanding among many civilizations within the southern African subregion.
Players in the subregion have benefited from ethno-tourism by getting jobs and earning money. Additionally, it has offered training and skill transfer. However, in certain cases, indigenous people have been taken advantage of and underpaid for their contributions.
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Most of the Tourists are Unaware of the Prevalent Ethnic Communities and Cultures that Lead to Curiosity.
Most of the population that visits these destinations isn't aware about the activities and traditions followed by the indigenous communities. Thus, they tend to opt for group travels such as youth groups as this offers them with almost all the facilities like food, hotel accommodations, etc., needed to visit an unknown location.
Millennials Like to Travel the Most Followed Closely by Generation
Ethnic tourism has started to spread broadly as people's living levels rise, and as a result, ethnic cultural products have become more and more eye-catching. The age group between 21-35 years old is most likely to possess a major share of the travelers. Majority of these visitors plan their own trips to new, adventurous locations.
While the crucial factor affecting tourism for the designated age group is the natural beauty and the unique culture and traditions followed by the local communities, recent findings also conclude that they are attracted to the food and lifestyle of the indigenous communities.
Online Booking Channels Lead the Booking Channel Segmentation
Travelers enjoy their vacations, but for many, it becomes a tedious task due to the planning strategies. Before buying travel tickets, lodging, tours, or any other additional services, it typically takes a lot of time and effort to research and make the accurate selection. But there's no denying that the existence of internet travel agents has surely given customers access to more options while simultaneously reducing the time consumed.
While it is true that eco-tourism and ethno-tourism are valuable resources for local communities and tourists interested in engaging with the local environment and culture, it is also clear that, despite certain potential drawbacks, they are more likely to have overall beneficial benefits. Both eco-tourism and ethno-tourism have clear advantages, such as creating jobs for locals and giving tourists new experiences. Additionally, eco-tourism is a labor-intensive sector that can serve as an additional source of income.
The Ricancie project, located in Napo region, hosts visitors who go on guided tours and prepare traditional foods with the community members. Other notable projects of the global ethno-tourism community-based eco-tourism market include the South African Development Community, the Nordic World Heritage located at Nordic, and much more.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value |
| Key Countries Covered | India, Africa, Mexico, China, Japan, Abu Dhabi, others |
| Key Segments Covered | Demographic, Nationality, Tour Type, Age |
| Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives, Spending, |
| Customization & Pricing | Available upon Request |
The market is valued at USD 12,201 million in 2023.
The growth potential of the market is 21.8% through 2033.
Surging eco-tourism and ethno-tourism is prompting the market to grow.
Group is likely to remain preferred through 2033.
India market is expected to witness high demand for ethno-tourism community-based eco-tourism.
1. Executive Summary 2. Growth Parameters in Tourism 3. Market Stakeholders Landscape - Key Direct Suppliers 4. Direct Suppliers in Tourism 5. Tourism Number of Bookings, 2022 6. Tourism Gross Revenue 7. Challenges & Looking Forward 8. Social Media Sentimental Analysis 9. Assumptions and Acronyms Used 10. Research Methodology
Travel and Tourism
March 2024
REP-GB-15645
341 pages
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Ethno Tourism Community Based Eco Tourism Market
