The global wildlife tourism market size is projected to be worth USD 2,45,298.4 million by 2034. According to the estimates, the market is anticipated to exhibit a 5.20% CAGR until 2034. In 2024, the wildlife tourism market size is valued at USD 1,47,753.3 million.
Attributes | Details |
---|---|
Wildlife Tourism Market Size, 2023 | USD 1,40,851.6 million |
Wildlife Tourism Market Size, 2024 | USD 1,47,753.3 million |
Wildlife Tourism Market Size, 2034 | USD 2,45,298.4 million |
Value CAGR (2024 to 2034) | 5.20% |
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Underwater Wildlife Exploration Tourism Gains Popularity in the Market
Underwater wildlife tourism uses technological breakthroughs to provide immersive experiences that allow visitors to explore marine habitats and biodiversity.
Businesses that offer submarines, underwater observatories, and expert diving excursions serve a niche clientele passionate about underwater exploration and marine conservation. This development is consistent with rising consumer interest in adventure wildlife tourism and environmental consciousness, resulting in a higher demand for unique and informative underwater experiences.
Capitalizing on this growing interest, in December 2023, the state government of Gujarat, India, announced its plans to launch India’s first submarine-based underwater tourism facility in Dwarka. The operations are likely to begin by October 2024.
Community-based Tourism Witnesses a Surge in the Market
The demand for community-based wildlife tourism experiences is on the rise, and this trend indicates a strategic connection with ethical and sustainable business practices. Through proactively engaging local communities in tourist endeavors, businesses establish a mutually beneficial partnership that advances conservation efforts and fosters community development.
This approach aligns with the rising customer appetite for ethical and responsible travel while also enhancing the industry's social effect. Businesses can develop strong brand connections, stand out from the competition, and support the long-term viability of wildlife tourism destinations by effectively engaging with local people.
For instance, in March 2024, the Kathu District Community Development Office initiated a fresh initiative centered around community-based wildlife tourism in Kamala, Thailand. The project intends to raise locals' wages and highlight the region's rich cultural diversity.
Rise of Social Media Platforms is Pivotal for Market Growth
Companies must acknowledge the significant impact that visual material and social media have in promoting wildlife tourism. Using social media channels, promoting user-generated material, and developing specialist photography tours all help brands become more visible and draw in photography enthusiasts.
This strategy promotes organic marketing through social sharing while increasing brand loyalty and consumer involvement. Using influencers to increase business visibility across digital platforms, developing user engagement tactics, and strategically organizing content are necessary to effectively implement photography and social media potential.
Segment | Forest (Wildlife Tour Type) |
---|---|
Value Share (2024) | 59.40% |
Based on wildlife tour type, the forest segment holds than 59.40% of the wildlife tourism market shares in 2034.
The demand for forest wildlife tourism is prominent mostly due to the large appeal of premier destinations. Nature-based tourism like the Yellowstone National Park in North America, African savannah and rainforests, and other attract a lot of tourists each year.
Because of their critical role in protecting species, forests are a wise choice for tourism-related initiatives. Engaging in forest-based wildlife excursions gives tourists a feeling of purpose and draws in socially aware visitors by directly sponsoring conservation efforts and research projects.
For photographers and birdwatchers, forests are perfect locations. There are plenty of chances to capture special moments because of the diversified landscapes, rich flora and animals, and potential to observe uncommon bird species. The increasing demand for excursions centered around forests can be attributed to the increased interest of wildlife photography and bird watching.
Segment | International (Tourist Type) |
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Value Share (2024) | 53.00% |
Based on tourist type, the international segment captured 53.00% of market shares in 2024.
Improving global connection and transport networks have made international travel simpler, allowing tourists to visit various wildlife locations. Improved air routes, airport facilities, and ground transit choices have lowered travel restrictions and broadened the scope of international wildlife tourism.
In an age of social media and mainstream tourism, tourists are increasingly seeking unique and original experiences. Increase in disposable income in various parts of the world have allowed more individuals to participate in foreign travel experiences, such as wildlife tourism. As disposable incomes increase, tourists are ready to devote a bigger percentage of their incomes to deep and unforgettable wildlife encounters overseas.
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Countries | Value CAGR (2024 to 2034) |
---|---|
United States | 5.30% |
Germany | 5.70% |
Japan | 5.30% |
China | 8.40% |
India | 7.40% |
The demand for wildlife tourism in the United States is predicted to surge at a 5.30% CAGR through 2034.
The wildlife tourism industry in the United States is experiencing an increase in multi-destination packages that provide various wildlife encounters. Tour operators and travel companies are carefully creating itineraries that highlight a diverse range of ecosystems to provide travelers with a thorough and enticing wildlife trip.
Wildlife tourism firms in the United States use unique marketing and branding methods for distinguishing themselves and attracting visitors. Businesses use digital marketing platforms, experiential branding strategies, and strategic alliances with influencers and travel bloggers to increase brand awareness and appeal to specific groups. This helps in driving market expansion.
Wildlife tourism market growth in Germany is estimated at a 5.70% CAGR through 2034.
Initiatives promoting sustainable tourism, such as wildlife tourism, receive significant support from the German government. Policies that place a high priority on conservation, sustainable growth, and environmental preservation foster the kind of regulatory atmosphere that makes market expansion possible. Growth in the industry is fueled by government grants, subsidies, and incentives that push companies to participate in animal conservation and eco-friendly activities.
Germany is a popular destination for wildlife tourism because of its advantageous geographic position and various habitats. There are several biodiversity hotspots in the country, including national parks, natural reserves, and UNESCO World Heritage sites, which provide lots of chances to see animals.
Businesses profit from the popularity of these locations by utilizing their natural resources to draw visitors from both domestic and foreign countries who are looking for up-close experiences with nature.
Wildlife tourism demand in Japan is projected to rise at a 5.30% CAGR through 2034.
Numerous rare and indigenous animal species are often found across the archipelago of Japan. The abundance of iconic species like as the red-crowned crane, Japanese serow, and Japanese macaque adds a unique charm to wildlife tourism offers. Companies take advantage of this diversity by creating customized trips that highlight Japan's distinctive wildlife and satisfy the increasing desire for unique wildlife experiences.
Event-driven wildlife tourism in Japan is fueled by the country's unique seasons and the presence of seasonal natural occurrences, such snow monkey bathing and cherry blossom gazing. Businesses that provide wildlife tourism take advantage of these natural occurrences by creating themed tours and seasonal packages that align with the peak times for wildlife activities. Seasonality gives the market additional drive and promotes steady revenue all year round.
Wildlife tourism market growth in China is estimated at an 8.40% CAGR through 2034.
China's persistent infrastructural development and improved access to isolated wildlife sites increase the accessibility and appeal of wildlife tourism activities. Investments in transport networks, accommodation, and tourist amenities make it easier for travelers to visit natural reserves, national parks, and animal habitats.
China's domestic vacation marketing programs and regional development plans are helping to develop the wildlife tourism industry. The government promotes domestic tourism to lesser-known places, including as rural districts and natural reserves, through incentives, infrastructure investment, and marketing efforts.
The demand for wildlife tourism in India is anticipated to surge at a 7.40% CAGR through 2034.
India is famous for numerous ecosystems, which include thick forests, huge grasslands, and coastal areas. The presence of several animal species, particularly the Royal Bengal tigers, Asiatic lions, and elephants, provides a unique advantage for wildlife tourism firms. Businesses capitalize on India's biodiversity hotspot designation to offer distinctive wildlife experiences, drawing both domestic and foreign tourists.
The competitive environment of the wildlife tourism market is defined by a dynamic interaction of numerous firms vying for market share in this rapidly growing domain. Tour operators and travel firms play an important role in organising personalized wildlife encounters for discriminating travellers. These operators differentiate themselves by creating unique, immersive itineraries that appeal to a wide range of tourist interests, from luxury safaris to low-cost tours.
Recent Developments
The wildlife tourism market is valued at USD 1,47,753.3 million in 2024.
The wildlife tourism market size is estimated to develop at a 5.20% CAGR through 2034.
The wildlife tourism market is anticipated to be valued at USD 2,45,298.4 million by 2034.
Forest wildlife tours are in high demand in the market.
The United States’ market is predicted to rise at a 5.30% CAGR through 2034.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Wildlife Tour Types 5.1. Forest Wildlife Tours 5.2. Marine Wildlife Tours 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Age Group 6.1. 15-25 Years 6.2. 26-35 Years 6.3. 36-45 Years 6.4. 46-55 Years 6.5. 56-65 Years 6.6. 66-75 Years 6.7. Above 75 Years 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tourist Type 7.1. Domestic Tourist 7.2. International Tourist 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tour Type 8.1. Independent Traveler 8.2. Tour Group 8.3. Package Traveler 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Consumer Orientation 9.1. Men 9.2. Women 9.3. Children 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. South Asia and Pacific 10.6. East Asia 10.7. Middle East and Africa 11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 17. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Adventure Canada 20.2. Chinkara Journeys 20.3. Birding Ecotours 20.4. Echidna Walkabout Wildlife and Nature Tours 20.5. Elm Wildlife Tours 20.6. Frontiers North Adventure 20.7. Nature Trek 20.8. Oryx Worldwide Photographic Expeditions 20.9. Rockjumper Wildlife Tours 20.10. WildTrails Technologies Pvt Ltd 21. Assumptions & Acronyms Used 22. Research Methodology
Travel and Tourism
March 2024
REP-GB-15645
341 pages
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