PUBLISHER: The Business Research Company | PRODUCT CODE: 1619409
PUBLISHER: The Business Research Company | PRODUCT CODE: 1619409
Alternative tourism refers to a type of travel that focuses on experiences different from those offered by mass tourism. It often highlights sustainable, culturally immersive, and environmentally friendly practices. Alternative tourism promotes responsible travel by encouraging travelers to make thoughtful choices about how their activities and spending affect their destinations.
The primary types of alternative tourism include dark tourism, ecotourism, volunteer tourism, and rural tourism, among others. Dark tourism involves visiting locations associated with death, disaster, or tragedy. Activities in this sector encompass land-based, water-based, and air-based experiences for various age groups, including those under 30, 30 to 41, 42 to 49, and 50 and older. Travelers may be solo, in groups of friends, couples, or families. Tours are often planned through various booking channels, such as phone, online, or in-person bookings.
The alternative tourism market research report is one of a series of new reports from The Business Research Company that provides alternative tourism market statistics, including alternative tourism industry global market size, regional shares, competitors with an alternative tourism market share, detailed alternative tourism market segments, market trends and opportunities, and any further data you may need to thrive in the alternative tourism industry. This alternative tourism market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The alternative tourism market size has grown steadily in recent years. It will grow from $91.25 billion in 2023 to $94.58 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth during the historic period can be attributed to several factors such as heightened awareness of environmental and cultural preservation, a rising demand for authentic travel experiences, a desire for sustainable development, increasing interest in eco-friendly and ethical travel options, and a need for economic support in local communities.
The alternative tourism market size is expected to see steady growth in the next few years. It will grow to $110.37 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. The growth during the forecast period can be attributed to several factors such as the increasing popularity of digital and social media marketing, rising government and industry support for sustainable travel initiatives, growing demand for personalized and unique travel experiences, improved accessibility and infrastructure in emerging destinations, and a continued global focus on responsible and eco-friendly tourism practices. Major trends expected during this period include the expansion of adventure and niche travel segments, heightened interest in cultural and heritage tourism, integration of technology such as virtual reality for immersive experiences, greater use of digital and mobile platforms for booking and promoting travel, and a surge in community-based and local tourism initiatives.
The growing number of international travelers is anticipated to drive the alternative tourism market in the future. International travelers are individuals who cross national borders for activities such as tourism, business, or education. The increase in international travelers is due to better global connectivity, higher disposable incomes, and a growing interest in diverse experiences. These travelers contribute to local economies, help preserve cultural heritage, and promote environmental conservation by opting for alternative tourism options. For example, in February 2024, the International Trade Administration, a US-based government resource, projected that the total number of international visitors to the United States would rise to 77.7 million in 2024, up by 10.4 million, or 15.4%, from the 67.3 million visitors in 2023. Consequently, the increase in international travelers is expected to boost the alternative tourism market.
Leading companies in the alternative tourism market are focusing on technological innovations, such as authentic ecotours, to enhance travel experiences with immersive, environmentally friendly activities while promoting sustainable practices and supporting local communities. Authentic ecotours provide immersive travel experiences in natural settings that prioritize environmental conservation, respect for local cultures, and support for community-based initiatives. For instance, in April 2023, MEET Network, a Spain-based travel arrangements association, and Intrepid, an Australia-based travel company, introduced a 9-day authentic expedition in Albania. This eco-friendly adventure is designed for travelers interested in exploring remote regions while supporting local communities and conservation efforts. The tour includes visits to Divjak-Karavasta National Park, emphasizing its biodiversity protection initiatives.
In August 2023, Intrepid, an Australia-based travel company, acquired Daintree Ecolodge for $5 million. This acquisition is part of Intrepid's strategy to expand beyond tours into complementary new areas. Daintree Ecolodge is an Australian luxury rainforest retreat that offers Tree House ecotours.
Major companies operating in the alternative tourism market are The Travel Corporation, City Experiences, Abercrombie & Kent USA LLC, Intrepid Travel Pty Ltd, TourRadar GmbH, G Adventures Inc., Viator Inc., Zicasso Inc., Secret Food Tours, Eating Europe Food Tours, Food Tour Corporation, Greaves Travel Ltd, The International Kitchen, Culinary Backstreets, India Food Tour, Classic Journeys LLC, Context Travel, Epicurean Ways LLC, Gourmet on Tour, The FTC4Lobe Group
Europe was the largest region in the alternative tourism market in 2023. The regions covered in the alternative tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the alternative tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The alternative tourism market includes revenues earned by entities that provide services such as adventure travel, community-based tourism, wildlife tours, and volunteering vacations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Alternative Tourism Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on alternative tourism market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for alternative tourism ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The alternative tourism market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.