Adventure and Safari Market Scope
Adventure and Safari is an exciting and adventurous way of seeing real animal because it enables you to view a variety of wildlife in their natural habitat. As a result, going on a safari and adventure gives you an authentic experience of real whether and nature image .Safaris and adventure involve walking through the wilderness, driving in 4×4 vehicles or by flying in light air craft. The purpose of a safari and adventure tour is to allow get intimate with the landscape and scenery with real time condition.Geographcially,middle east and African region is leading in term vast area for adventure and safari. The market of the adventure and safari has huge demand which is leading the growth of the market due huge demand in term of revenue for government and help in building the economic for the leading region
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Micato Safaris (United States), Extraordinary Journeys (United States), Dazzle Africa (United States), Thomson Safaris (United States), Travel beyond (United Kingdom), Volcanoes Safaris (United Kingdom), Alluring Africa (United States), Rothschild Safaris (United States), Wilderness Safaris (Gaborone) and Natural Habitat Adventures (United States) |
CAGR | % |
The market is expected to grow market in tourism industry. It has wide application in hospitality is driving the demand for the market. Several companies such as micato Safaris, Extraordinary Journeys are operating in the market to provide customer better offer with various features, service & unique offering. The market is highly fragmented market with the presence of several market players and local player. Which is triggering the market growth over the forecast period Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Adventure and Safari market throughout the predicted period.
Micato Safaris (United States), Extraordinary Journeys (United States), Dazzle Africa (United States), Thomson Safaris (United States), Travel beyond (United Kingdom), Volcanoes Safaris (United Kingdom), Alluring Africa (United States), Rothschild Safaris (United States), Wilderness Safaris (Gaborone) and Natural Habitat Adventures (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are AQUATERRA ADVENTURES(P) LTD.(India) and KalypsoAdventures (India).
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 Adventure and Safari market by Type , by Application (Millennial, Generation X, Baby Boomers and Others) and Region with country level break-up.
On the basis of geography, the market of Adventure and Safari has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 2022.
Market Leaders and their expansionary development strategies
On October 2021, Lindblad expedition holding has acquire a majority stake in the class journey. This acquisition will leverage its experience and resources to accelerate the growth of Classic Journeys and capitalize on the growing demand for authentic and immersive adventure travel and wellness around the world.
On 4 September 2020, Classic Journeys launches to UK market, and On 16 July, 2018 world expeditions travel group had acquired a majority Shareholding in the Blue Mountains adventure company
Influencing Trend:
Rising demand for virtual reality
Market Growth Drivers:
It help to boost human strength and the requirement of activity increases physical stamina. and It help to overcome inner anxiety and stress
Challenges:
Adventure and Safari problems are a result of issues related to caches, extensions, and plug-ins
Restraints:
It has limited poor viewing and It has poor weather
Opportunities:
It has stunning sunrise and sunset and Huge demand for multi-generational family travel
Key Target Audience
Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry