The global wildlife tourism market is expected to reach USD 286.86 billion by 2030, registering a CAGR of 7.9% over the forecast period. Increased awareness about animal conservation, global authorities working towards boosting wildlife tourism, and the advent of digital nomadization where various countries are permitting digital nomad visas are factors driving the industry. Recent news on global warming and the extinction of species have pursued many travelers to go for wildlife tourism. This is propelled by the factor that entry fees of various sanctuaries and animal parks are invested towards the conservation of flora and fauna. The positive impact of such travel makes travelers visit these places frequently.
Such tourism also increases knowledge about the environment and sensitizes citizens towards its protection and growth. Post-pandemic, various organizations have made remote work a permanent culture. With this, there is a global dominance of solo traveling due to the growing concepts of ‘independence’ and ‘personal growth’. There has been a surge in travelers who earn a living through remote work. An article by Travel Off Path suggests that in the U.S., there has been an addition of 6 million more digital nomads than in the pre-pandemic era, and the worldwide figure stands at 35 million. With countries like Jamaica, Thailand, and Ecuador issuing digital nomad visas, this will further propel the industry growth.
Many travelers prefer traveling in groups with friends owing to the benefits of such trips. Various resorts and hotels have been cropping up in and around wildlife sanctuaries, which allows travelers to visit such places with friends for leisure as well as adventure. Key players allow travelers to choose their group and form a package, which encourages more travelers to travel with groups. For instance, Thomas Cook allows consumers to customize the number of adults traveling, and according to that, the prices are set. Sustainable operating practices are adopted by companies to attract more consumers.
As wildlife tourism impacts the protection of flora and fauna along with the indigenous communities residing in the area, these companies contribute their efforts toward conserving, reforesting, and charity practices to be more eco-friendly. Activities, such as reforestation, reduction of carbon footprints, and donating funds towards the protection of endangered species are undertaken by various organizations operating in wildlife tourism. For instance, Exodus Travels uses small, locally run accommodations instead of big hotel chains to reduce environmental impact on surroundings during their Discover Namibia trip. Also, all the accommodations are equipped with energy-efficient light bulbs to save resources.
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Such tourism also increases knowledge about the environment and sensitizes citizens towards its protection and growth. Post-pandemic, various organizations have made remote work a permanent culture. With this, there is a global dominance of solo traveling due to the growing concepts of ‘independence’ and ‘personal growth’. There has been a surge in travelers who earn a living through remote work. An article by Travel Off Path suggests that in the U.S., there has been an addition of 6 million more digital nomads than in the pre-pandemic era, and the worldwide figure stands at 35 million. With countries like Jamaica, Thailand, and Ecuador issuing digital nomad visas, this will further propel the industry growth.
Many travelers prefer traveling in groups with friends owing to the benefits of such trips. Various resorts and hotels have been cropping up in and around wildlife sanctuaries, which allows travelers to visit such places with friends for leisure as well as adventure. Key players allow travelers to choose their group and form a package, which encourages more travelers to travel with groups. For instance, Thomas Cook allows consumers to customize the number of adults traveling, and according to that, the prices are set. Sustainable operating practices are adopted by companies to attract more consumers.
As wildlife tourism impacts the protection of flora and fauna along with the indigenous communities residing in the area, these companies contribute their efforts toward conserving, reforesting, and charity practices to be more eco-friendly. Activities, such as reforestation, reduction of carbon footprints, and donating funds towards the protection of endangered species are undertaken by various organizations operating in wildlife tourism. For instance, Exodus Travels uses small, locally run accommodations instead of big hotel chains to reduce environmental impact on surroundings during their Discover Namibia trip. Also, all the accommodations are equipped with energy-efficient light bulbs to save resources.
Wildlife Tourism Market Report Highlights
- The group/friends segment accounted dominated the industry in 2022 and accounted for the largest revenue share
- Benefits of group traveling, leisure and adventure activities done with groups and exclusive deals given by industry players are factors contributing to its growth. In addition, services offered to groups are cheaper and more convenient
- The direct booking segment held the highest revenue share in 2022 due to the conveniences offered
- This type of booking mode aids to form a deep relationship with travelers and results in lower consumer acquisition costs along with building a loyal customer base
- Consumers in Asia Pacific are increasingly opting for wildlife tourism. The availability of a large variety of flora and fauna in the geography and increasing disposable incomes are the key factors propelling industry growth. Tiger-spotting tours are very popular in this region
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Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Group Outlook
2.3. Booking Mode Outlook
2.4. Regional Outlook
Chapter 3. Wildlife Tourism Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on Wildlife Tourism Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Wildlife Tourism Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Wildlife Tourism Market: Group Estimates & Trend Analysis
5.1. Group Movement Analysis & Market Share, 2022 & 2030
5.2. Groups/Friends
5.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.3. Couples
5.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.4. Family
5.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
5.5. Solo
5.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
Chapter 6. Wildlife Tourism Market: Booking Mode Estimates & Trend Analysis
6.1. Booking Mode Movement Analysis & Market Share, 2022 & 2030
6.2. Direct
6.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
6.3. Travel Agent
6.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
6.4. Marketplace Booking
6.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
Chapter 7. Wildlife Tourism Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2022 & 2030
7.2. North America
7.2.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.2.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.2.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.2.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.2.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.2.5. Canada
7.2.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.2.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.2.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.3. Europe
7.3.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.3.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.3.4. U.K.
7.3.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.3.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.3.5. Germany
7.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.3.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.3.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.3.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.4.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.4.5. Japan
7.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.4.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.4.6. India
7.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.4.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.4.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.5. Middle East & Africa
7.5.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.5.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.5.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.5.4. South Africa
7.5.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.5.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.5.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.6. Central & South America
7.6.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.6.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.6.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
7.6.4. Brazil
7.6.4.1. Market estimates and forecast, 2017 - 2030 (USD Billion)
7.6.4.2. Market estimates and forecast, by group, 2017 - 2030 (USD Billion)
7.6.4.3. Market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2022
Chapter 9. Company Profiles
9.1. Exodus Travels Limited
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Poseidon Expeditions
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. 50 Degrees North
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Chinkara Journeys
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Birding Ecotours
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Elm Wildlife Tours
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. FRONTIERS NORTH ADVENTURES INC.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Rockjumper Birding Ltd
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Absolute Zambia Safaris Ltd
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. The G Adventures
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Wildlife Tourism Market - Driving factor market analysis
2. Wildlife Tourism Market - Restraint factor market analysis
3. Wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
4. Groups/friends wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
5. Couples wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
6. Family wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
7. Solo wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
8. Wildlife tourism market estimates and forecast through direct booking, 2017 - 2030 (USD Billion)
9. Wildlife tourism market estimates and forecast through travel agents, 2017 - 2030 (USD Billion)
10. Wildlife tourism market estimates and forecast through marketplace booking, 2017 - 2030 (USD Billion)
11. North America wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
12. North America wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
13. North America wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
14. U.S. wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
15. U.S. wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
16. U.S. wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
17. Canada wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
18. Canada wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
19. Canada wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
20. Europe wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
21. Europe wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
22. Europe wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
23. U.K. wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
24. U.K. wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
25. U.K. wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
26. Germany wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
27. Germany wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
28. Germany wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
29. France wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
30. France wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
31. France wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
32. Asia Pacific wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
33. Asia Pacific wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
34. Asia Pacific wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
35. China wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
36. China wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
37. China wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
38. India wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
39. India wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
40. India wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
41. Japan wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
42. Japan wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
43. Japan wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
44. Middle East & Africa wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
45. Middle East & Africa wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
46. Middle East & Africa wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
47. South Africa wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
48. South Africa wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
49. South Africa wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
50. Central & South America wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
51. Central & South America wildlife tourism market estimates and forecast, by group, 2017 - 2030 (USD Billion)
52. Central & South America wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
53. Brazil wildlife tourism market estimates and forecast, 2017 - 2030 (USD Billion)
54. Brazil wildlife tourism market estimates and forecast, by group 2017 - 2030 (USD Billion)
55. Brazil wildlife tourism market estimates and forecast, by booking mode, 2017 - 2030 (USD Billion)
56. Company categorization
57. Global company share analysis, 2022 (Revenue Share %)
List of Figures
1. Wildlife Tourism Market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Wildlife Tourism Market - Penetration & growth prospect mapping
7. Wildlife Tourism Market - Value chain analysis
8. Wildlife Tourism Market: Porter’s Five Forces Analysis
9. Wildlife Tourism Market - Roadmap
10. Wildlife Tourism Market: Demography share (%) analysis, 2022 & 2030
11. Wildlife Tourism Market: Regional share (%) analysis, 2022 & 2030 (USD Billion)
12. Wildlife Tourism Market: Company market share (%) analysis, 2022
Companies Mentioned
- Exodus Travels Limited
- Poseidon Expeditions
- 50 Degrees North
- Chinkara Journeys
- Birding Ecotours
- Elm Wildlife Tours
- FRONTIERS NORTH ADVENTURES INC.
- Rockjumper Birding Ltd
- Absolute Zambia Safaris Ltd
- The G Adventures
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | January 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 165.4 Billion |
| Forecasted Market Value ( USD | $ 286.86 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
