The article cited AMA's Global Industrial Tourism Market Study explored substantial growth with CAGR of 20.3%. According the report, increasing penetration of online booking is the most lucrative booking channel is one of the primary growth factors for the market. The rise in Offerings of Innovative Services, Amenities, Themes, etc is also expected to contribute significantly to the Industrial Tourism market. Overall, Food and Beverage Industry
applications of Industrial Tourism, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Industrial Tourism market identified that the demand is rising in many different parts of the world as "Growing Investment in Industrial Tourism". One of the challenges that industry facing is "Due to the pandemic, the Industrial Tourism market has been hampered to large extend"
The End-User, such as Individual, is boosting the Industrial Tourism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Types of visitor, such as Academic visitors, is boosting the Industrial Tourism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Sale Channel, such as Online {Company Website, Tourism Aggregator}, is boosting the Industrial Tourism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Industrial Tourism market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Industrial Tourism market and other related sub-markets covered in the study.
o Key & emerging players in the Industrial Tourism market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Industrial Tourism market size is calculated using market estimation process, the Industrial Tourism market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Industrial Tourism market size has been validated using both top-down and bottom-up approaches.