Snorkeling Tourism- Market Scope
Snorkeling Tourism is the practice of swimming through a body of water with the help of equipped with a diving mask, a shaped tube called a snorkel, or usually fins. The use of this equipment allows the snorkeler user to observe underwater attractions for longer periods of time with relatively little effort. Snorkeling activities do not require special training. Geographically, the Middle East and the Asia Pacific region is the leading region for the snorkeling tourism market due to widespread demand from customer end as well as rapidly growing tourism industry and government imitative against tourism is another factor that is propelling the growth of the market over the upcoming year.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Explore (United States), Real New Zealand Tours (New Zealand), Island Expeditions (Canada), ROW Adventures (United States), ROW Sea Kayak Adventures (United States), Zama Tours & Safaris (Tanzania), Discover Corps (United States), Amazing India Tours (India), Booking Tours (Norway), Panoramic Tour & Travels (India), The Vacation Project (United States), Trafalgar (United States), Watamu Marine Naitional Park and Others |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. The market is expected to grow in the tourism industry. It has wide demand as well application for panoramic underwater views from above. Several companies such as Real New Zealand Tours, Discover Corps are operating in the market to provide customers with the better offer with various features & unique offering services and prices. The market is a partially fragmented market with the presence of several market players and local players. The demand for the market is slow but in the future, that triggers the market growth over the forecast period
Explore (United States), Real New Zealand Tours (New Zealand), Island Expeditions (Canada), ROW Adventures (United States), ROW Sea Kayak Adventures (United States), Zama Tours & Safaris (Tanzania), Discover Corps (United States), Amazing India Tours (India), Booking Tours (Norway), Panoramic Tour & Travels (India), The Vacation Project (United States), Trafalgar (United States), Watamu Marine Naitional Park and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Snorkeling Tourism- market by Type , by Application (Group and Individual) and Region with country level break-up.
On the basis of geography, the market of Snorkeling Tourism- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
On May 2021, Glan town has launched dive tourism
Influencing Trend:
Online booking is the most lucrative booking channel for the coming future
Market Growth Drivers:
Rising demand for natural settings without the complicated equipment to observe underwater life
Challenges:
Due to the pandemic, the market has been hampered
Restraints:
Skilled manpower is required
Opportunities:
Rapid Urbanization and government participation is creating another opportunity for the market
Key Target Audience
OEM (Original Equipment Manufacturer), Raw Material Supplier, Media Industry, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry