Global Green Tourism Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.67% during the forecast period, i.e. 2017-2025. Green Tourism, which is also known as eco-tourism is a form of sustainable, environment-friendly tourism. Green tourism aims at preserving the environment and culture. The increase in a number of environment-friendly and responsible tourists will escalate the demand for green tourism.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global green tourism market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global green tourism market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Segmentation 

Green tourism market is expected to observe a continuous rise during the forecast period, due to increasing concern over preserving the nature, coupled with the increased interest of tourists in eco-friendly tourism. Governmental initiatives to promote green tourism will also help the global green tourism market to grow over the projected period. For instance, in 2011, the United Nations Educational, Scientific and Cultural Organization (UNESCO) embarked on developing a new World Heritage and Sustainable Tourism Programme. The increase in a number of green lodging and hotels, due to rising tourist’s interest in sustainable accommodation is also expected to fuel the green tourism market. For instance - A recent study by Booking.com, one of the largest travel e-commerce companies in the world, conveys that approx. 64% (more than two-thirds) of travelers belonging from Canada plan to stay in an eco-accommodation in 2018. However, the high cost of accommodation in green hotels, coupled with other tourism options like cruise tourism are anticipated to restrain the growth of green tourism market.

By Tourism Type Insights: Nature tourism is expected to account for major revenue share during the forecast period, due to the rising interest of travelers to re-connect with nature. Hectic work schedules, unbalanced work-life and increased stress level in individuals encourage them to opt for nature-based tourism in order to relieve the directed attention fatigue and increase the speed and magnitude of psychophysiological recovery. Furthermore, the presence of a rich flora and fauna heritage across the world, coupled with governmental initiatives to develop them as major green tourism spots are some of the reasons for the growth of nature-based tourism. According to the World Bank Organization, nature-based tourism accounts for about 10% of GDP in Tanzania. It has been estimated that nearly 25 World Bank projects, totaling over $800 million are with a nature-based tourism component.

By Accommodation Type Insights: Green hotels are expected to hold a major revenue share in the green tourism market, due to the increased interest of tourist towards sustainable accommodation, coupled with an increase in a number of green and eco-friendly hotels. A recent study conducted on more than 5,000 accommodations revealed that the number of hotels that are interested in investing in environmental protection and going green is continuously increasing.

Regional Analysis

The global green tourism market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America is expected to hold the major revenue share in the global green tourism market, due to a huge number of tourists who opt for green tourism comes from the region, as well as the various program launches in the area to support green tourism. For instance – With the United States Agency for International Development (USAID) assistance, community forest enterprise management was strengthened and a regulatory framework was created to improve sustainable tourism. The United Nations declared the year 2017, as the International Year of Sustainable Tourism for Development. Europe and the Asia Pacific are expected to show significant growth during the forecast period due to the presence of a number of green tourism destinations like Barcelona and Bali, coupled with an increase in a number of green hotels in the regions. Same time Middle East and Africa will show healthy growth during the forecast period due to supportive government policies and large sector covered by greener.

Global Green Tourism Market Size, Share Analysis By Region 2017

Global Green Tourism Market Study Objective

1. To forecast the market size of green tourism market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of green tourism market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of green tourism market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of green tourism market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the green tourism market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Key market players operating in green tourism market include Booking.com, TripAdvisor, Eagle Wing Tours, Explore, Rainforest Expeditions, Intrepid Travel, Earthchangers, First Choice Holidays, Canadian Mountain Holidays, Responsible Travel, and Rainforest Alliance. Government is focusing on sustainable development in the hospitality sector and hence promoting green tourism. For instance- in 2016, the China National Tourism Administration issued the National green tourism demonstration base to promote the development of green tourism.

Global Green Tourism Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.