Global Wildlife Tourism Market Expected to Grow 5% Annually to $219.9 Bn in a Decade

According to Future Market Insights data and analysis firm, the global wildlife tourism market is now valued at USD $135 billion, and is expected to grow on a compounded annual basis by 5 per cent to reach a value of nearly $220 billion by 2032.

Wildlife tourism includes safari tours, eco-tourism, and mountain tourism in places like national parks and sanctuaries. The report says the U.S. is expected to lead the market over the next decade, and attributes the projected growth in value of wildlife tourism on the willingness of travellers to spend extra money to contribute to the preservation of local Indigenous ways of life, land for and protection of wildlife.

The report adds that the availability of eco-tourism and accommodation in these spaces has taken on increased significance and will continue to meet demand for more wildlife tourism on all continents.

CLICK HERE FOR FULL STORY
You may also like
L-R: Alegria Narvaez, Trade and Travel Manager, Tourist Office of Spain in Toronto; Jacobo Florida, Deputy Mayor, Malaga, Spain; Barbara Couto, Consul for Tourism Affairs, Tourist Office of Spain in Toronto; Jonathan Gomez, Director, Malaga Tourism Board.
Canadians Have More Great Reasons to Visit Spain in 2023
2023 marks the 50th anniversary of the death of artist Pablo Picasso, and Open Jaw heard at an event hosted by ...
Secrets Impression Resorts & Spas -Signature Suite
Hyatt Introduces First of its Secrets Impression Resorts & Spas
Hyatt Hotels Corporation has introduced the adults-only Secrets Impression Resorts & Spas, with the first of its kind- Secrets Impression Moxché ...
Porter Airlines' new Embraer E195-E2.
Porter Reveals First Embraer E195-E2 Destinations: YYZ TO YVR, YOW and YUL
Porter Airlines begins service with its new Embraer E195-E2 aircraft in FEB, 2023, between its new hub in YYZ and three ...
David Green Succeeds Stephanie Bishop as CATO Vice Chair
The Canadian Association of Tour Operators has announced a change to its leadership, with G Adventures' David Green succeeding long-time Vice ...
Mark Youssef Nasr, Senior Vice President, Product, Marketing, e-Commerce, Air Canada and President, Aeroplan (left) and Dr. Nejib Ben Khedher, Divisional Senior Vice President
Aeroplan and Emirates Skywards Kick Off Program Partnership
Air Canada and Emirates have expanded their partnership to offer members joint loyalty program benefits, including earning and redeeming points on ...

Leave a Reply