Ethical Tourism Market, By Traveler Type, By Travel Activities, By Accommodation Type, By Geography

Description

The global ethical tourism market is estimated to be valued at USD 258.54 Bn in 2024 and is expected to reach USD 381.12 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 258.54 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.70%	2031 Value Projection:	US$ 381.12 Bn

Figure. Ethical Tourism Market Share (%), By Region 2024

The global ethical tourism market has witnessed significant growth in recent years. Ethical tourism refers to a mode of travel where tourists seek culture and heritage experiences while considering the environmental and social impact of their travels. It promotes responsible travel by engaging local communities and respecting human rights. Growing awareness about responsible travel and a preference for unique experiences that support local communities have prompted many travelers to opt for ethical tourism options. The market is expected to grow substantially in the coming years as more people desire vacations that do not harm the environment or exploit local populations.

Market Dynamics:

The global ethical tourism market is driven by the growing desire for sustainable and responsible travel options. The changing preferences of millennial travelers who want their travel dollars to improve livelihoods is a key driver. The market also benefits from the ability of ethical tourism to preserve local traditions and natural heritage. However, high costs of certain ethical tourism activities and lack of widespread availability remain challenges. The market sees opportunities from the growing tourism sector globally as more people are traveling. Collaboration between local communities, governments, and businesses can help expand the outreach of ethical tourism.

Key Features of the Study:

This report provides an in-depth analysis of the global ethical tourism market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global ethical tourism market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Intrepid Travel, Responsible Tourism India, Responsible travel, Wilderness Safaris, Basecamp Explorer AS, Wild Frontiers Adventures Travel, Beyonder Experiences, Bouteco, Cheeseman's Ecological Safaris, G Adventures Inc., Gondwana Ecotours, Inkaterra, Intrepid Group Pty Limited, LooLa Adventure Resort, and Natural Habitat Adventures.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global ethical tourism market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ethical tourism market.

Market Segmentation

By Traveler Type:
- Solo
- Group
- Family
- Others
By Travel Activities:
- Volunteering
- Cultural Experiences
- Nature & Wildlife
- Agritourism
- Others
By Accommodation Type:
- Community-based Lodges
- Eco-camps & Lodges
- Homestays
- Others
By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Intrepid Travel
- Responsible Tourism India
- Responsible travel
- Wilderness Safaris
- Basecamp Explorer AS
- Wild Frontiers Adventures Travel
- Beyonder Experiences
- Bouteco
- Cheeseman's Ecological Safaris
- G Adventures Inc.
- Gondwana Ecotours
- Inkaterra
- Intrepid Group Pty Limited
- LooLa Adventure Resort
- Natural Habitat Adventures

Product Code: CMI6977

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Traveler Type
- Market Snippet, By Travel Activities
- Market Snippet, By Accommodation Type
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Ethical Tourism Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Ethical Tourism Market - COVID-19
Impact Analysis

5. Global Ethical Tourism Market, By Traveler Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Solo
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Group
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Family
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Ethical Tourism Market, By Travel Activities, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Volunteering
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cultural Experiences
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Nature & Wildlife
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Agritourism
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Ethical Tourism Market, By Accommodation Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Community-based Lodges
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Eco-camps & Lodges
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Homestays
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Ethical Tourism Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Traveler Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Travel Activities, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Accommodation Type, 2019- 2031 (US$ Bn)
- Countries
  - U.S.
  - Canada
  - Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Traveler Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Travel Activities, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Accommodation Type, 2019- 2031 (US$ Bn)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Traveler Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Travel Activities, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Accommodation Type, 2019- 2031 (US$ Bn)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Traveler Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Travel Activities, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Accommodation Type, 2019- 2031 (US$ Bn)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2031
- Market Size and Forecast, By Traveler Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Travel Activities, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Accommodation Type, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Intrepid Travel
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Responsible Tourism India
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Responsible travel
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Wilderness Safaris
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Basecamp Explorer AS
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Wild Frontiers Adventures Travel
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Beyonder Experiences
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Bouteco
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Cheeseman's Ecological Safaris
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- G Adventures Inc.
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Gondwana Ecotours
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Inkaterra
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Intrepid Group Pty Limited
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- LooLa Adventure Resort
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates
- Natural Habitat Adventures
  - Company Overview
  - Traveler Type Portfolio
  - Recent Developments/Updates

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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