The tourism industry plays a very important role in the GDP and economy of a country. To know more about adventure tourism market drivers, get in touch with our analysts here. Here is a summary from the result of the SWOT analysis that was conducted on behalf of Chris Williams Travels & Tours, LLC; Strength: Our core strength lies in the power of our team; our workforce. Himachal Tourism : A Swot Analysis S. Rishi, B. Giridhar Published 10 April 2007 Business Himachal Pradesh is a land which is bestowed with natural grandeur at its best picturesque locations, snow capped mountains, lush green valleys, a cool climate and hospitable people. 4.2.2.Comparative market share analysis, 2019 & 2027, 4.3.1.Market size and forecast, by region, 2019-2027 Further, rising number of online travel agents due to growth in the number of independent/solo travelers is anticipated to accelerate the market growth in the coming years. Some of the key players profiled in the study are, Adventure Theme Park Market is Going to Boom | WildPlay, Adventure Park Lubbock, , Global Adventure Theme Park Market is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. When we talk about the countries and cities where the share of travel and tourism industry has added the most, Macau is the top of the list. It's a great tool to help businesses take a look at multiple internal and external factors that together significantly influence your operating . The market Study is segmented by key a region that is accelerating the marketization. Based on type, the market is segmented into hard, soft and others. The objectives of Singapore is to triple the tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional . The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Adventure Theme Park Market. Tourism today offers a strange world of experiences that needs to SWOT Analysis is an analytical tool to identify and evaluate an entity's strengths, weaknesses, opportunities, and threats. The purpose of tourism is to refresh your mind by changing the environment, away from home, business, and work environment. 9.10.2.Financial performance SWOT is an acronym for "Strengths, Weaknesses, Opportunities, and Threats.". In addition, rising interest of people towards archeological expeditions, attending local fairs and bird watching are expected to fuel the demand for land-based activities. Reverse its weaknesses. Should we cut my sister out of the family inheritance. 8.4.6.Comparative market share analysis, 2019 & 2027 But the visa restrictions, government regulations, and many other threats are real and important. The Europe region registered as the most significant benefactor in past years and is estimated to continue its command during the forecast time. 9.4.2.Financial performance In February 2020, Intrepid Group, an adventure travel company, partnered with WWF-Australia in order to support Antarcticas marine life. 8.1.3.Market size and forecast, by type of travelers, 2019-2027 8.2.7.Germany, 8.2.7.1.Market size and forecast, by Type, 2019-2027 Tourism Swot Analysis 931 Words4 Pages Strength The marketing department frequently conducts market research, customer's satisfaction, competitive analysis and customer's buying behavior. 8.4.9.5.Comparative market share analysis, 2019 & 2027, 9.1.1.Business overview A SWOT analysis is a framework used in a business's strategic planning to evaluate its competitive positioning in the marketplace. In accordance with the System Approach, organizations are wholes that are in interaction with their environments and consist of various sub-systems. The Adventure Tourism Market Report has 102 pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis. It divides an overall analysis into internal issues - strengths and weaknesses) and external issues (opportunities and threats). 10+ Farm SWOT Analysis Examples. 9.2.4.Recent strategic moves & developments These factors are anticipated to boost the growth of the adventure tourism market in the analysis period. 9.9.2.Financial performance CHAPTER 8 SWOT ANALYSIS TO. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. 9.3.5.SWOT analysis, 9.4.1.Business overview Scanning the internal and external environment facilitates in-depth analysis of a process, organization . Theyre different in different parts of the world. for only $11.00 $9.35/page. 8.3.8.4.Market size and forecast, by age group, 2019-2027 It was over $381,797.5 million in 2019 and is predicted to experience a constant growth throughout the forecast time. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Total Ankle Replacement Market. Adventure Tourism Definition. The pandemic of COVID-19 has had an undesirable impact on the global adventure tourism market growth in 2020. 8.3.7.2.Market size and forecast, by activity, 2019-2027 8.1.9.2.Market size and forecast, by activity, 2019-2027 Get a Sample PDF of report -https://www.precisionreports.co/enquiry/request-sample/22377540. A thorough understanding of the Analytics sector and its commercial potential is the aim of the market study. Best for Nature: Natural Habitat Adventures. Asia-Pacific region market was the second highest contributor to the market. It gives the impression of a safe environment. 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Following are greatest threats to the tourism industry. These factors are predicted to hamper the growth of the adventure tourism market in the analysis period. Market Segmentation:Based on Product Type: Regional Insights:The countries section of the research includes selected market variables that drive current and future market developments. The company itself operates in mainstream sector, and specialist sectors that includes . help kick start the discussion with the Sri Lanka's tourism cluster. 7.4.2.Comparative market share analysis, 2019 & 2027, 8.1.1.Market size and forecast, by Type, 2019-2027 The objective would growth of the tourism industry. When presented as a SWOT matrix, strategic planning can be used, including environmental planning and management (e.g. Further, adventure trips open the doors of opportunities to spend quality time and create memories with loved ones. 8.2.7.4.Market size and forecast, by age group, 2019-2027 You can also contact MarketWatch Customer Service via our Customer Center. 9.4.5.SWOT analysis, 9.5.1.Business overview 8.4.9.2.Market size and forecast, by activity, 2019-2027 Expect packages to cost at least RM220 (US$56). This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region. 9.3.3.Product portfolio 8.2.8.2.Market size and forecast, by activity, 2019-2027 Philippines is rich in biodiversity. Theres no coherence among all of them. Based on activity, the market is classified into land based activity, water based activity, and air based activity. 8.4.4.Market size and forecast, by age group, 2019-2027 The reason people accept such a job is to fill the gap in their careers. Many small businesses have jumped into it and they offer low-quality service at high prices. 9.6.3.Product portfolio Paragliding grows as one of the favourite adventure activities in Malaysia. 9.8.2.Financial performance 8.3.7.4.Market size and forecast, by age group, 2019-2027 1 Adventure Tourism Market Overview1.1 Product Overview and Scope of Market1.2 Market Segment by Type1.3 Global Market Segment by Application1.4 Global Market, Region Wise (2018-2028)1.5 Global Market Size of Adventure Tourism (2018-2028)1.5.1 Global Market Revenue Status and Outlook (2018-2028)1.5.2 Global Market Sales Volume Status and Outlook (2018-2028)1.6 Global Macroeconomic Analysis1.7 The impact of the Russia-Ukraine war, 2 Industry Outlook2.1 Industry Technology Status and Trends2.2 Industry Entry Barriers2.2.1 Analysis of Financial Barriers2.2.2 Analysis of Technical Barriers2.2.3 Analysis of Talent Barriers2.2.4 Analysis of Brand Barrier2.3 Market Drivers Analysis2.4 Market Challenges Analysis2.5 Emerging Market Trends2.6 Consumer Preference Analysis2.7 Industry Development Trends under COVID-19 Outbreak2.7.1 Global COVID-19 Status Overview2.7.2 Influence of COVID-19 Outbreak on Industry Development, 3 Global Adventure Tourism Market Landscape by Player3.1 Global Sales Volume and Share by Player (2018-2023)3.2 Global Revenue and Market Share by Player (2018-2023)3.3 Global Average Price by Player (2018-2023)3.4 Global Gross Margin by Player (2018-2023)3.5 Market Competitive Situation and Trends3.5.1 Market Concentration Rate3.5.2 Market Share of Top 3 and Top 6 Players3.5.3 Mergers and Acquisitions, Expansion, 4 Global Adventure Tourism Sales Volume and Revenue Region Wise (2018-2023)4.1 Global Sales Volume and Market Share, Region Wise (2018-2023)4.2 Global Revenue and Market Share, Region Wise (2018-2023)4.3 Global Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.4 United States Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.4.1 United States Market Under COVID-194.5 Europe Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.6 China Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.7 Japan Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.8 India Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.9 Southeast Asia Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.10 Latin America Sales Volume, Revenue, Price and Gross Margin (2018-2023)4.11 Middle East and Africa Sales Volume, Revenue, Price and Gross Margin (2018-2023), 5 Global Adventure Tourism Sales Volume, Revenue, Price Trend by Type5.1 Global Sales Volume and Market Share by Type (2018-2023)5.2 Global Revenue and Market Share by Type (2018-2023)5.3 Global Price by Type (2018-2023)5.4 Global Sales Volume, Revenue and Growth Rate by Type (2018-2023), 6 Global Adventure Tourism Market Analysis by Application6.1 Global Consumption and Market Share by Application (2018-2023)6.2 Global Consumption Revenue and Market Share by Application (2018-2023)6.3 Global Consumption and Growth Rate by Application (2018-2023), 7 Global Adventure Tourism Market Forecast (2023-2028)7.1 Global Sales Volume, Revenue Forecast (2023-2028)7.2 Global Sales Volume and Revenue Forecast, Region Wise (2023-2028)7.3 Global Sales Volume, Revenue and Price Forecast by Type (2023-2028)7.4 Global Consumption Forecast by Application (2023-2028)7.5 Market Forecast Under COVID-19, 8 Adventure Tourism Market Upstream and Downstream Analysis8.1 Industrial Chain Analysis8.2 Key Raw Materials Suppliers and Price Analysis8.3 Manufacturing Cost Structure Analysis8.3.1 Labor Cost Analysis8.3.2 Energy Costs Analysis8.3.3 RandD Costs Analysis8.4 Alternative Product Analysis8.5 Major Distributors Analysis8.6 Major Downstream Buyers Analysis8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Industry, 9 Players Profiles10 Research Findings and Conclusion, 11 Appendix11.1 Methodology11.2 Research Data Source, Get Detailed TOC of Global Adventure Tourism Market -https://www.precisionreports.co/TOC/22377540, Purchase this report (Price 3250 USD for a single-user license) -https://www.precisionreports.co/purchase/22377540. Some of the key players profiled in the study are The, Total Ankle Replacement Market to See Huge Growth by 2023-2031 | Zimmer, Corin, , 2023-2031 Report on Global Total Ankle Replacement Market by Player, Region, Type, Application and Sales Channel is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. 8.3.6.Comparative market share analysis, 2019 & 2027 Here to access our comprehensive analysis of the. It is a source of information for strategic planning. Key Players in the Global Adventure Tourism Market: Product launches and R&D investments are some of the common strategies followed by key players, The intensity of rivalry in the market is, 4.1.1.Market size and forecast, by region, 2019-2027, 4.2.1.Market size and forecast, by region, 2019-2027, 4.3.1.Market size and forecast, by region, 2019-2027, 5.1.1.Market size and forecast, by region, 2019-2027, 5.2.1.Market size and forecast, by region, 2019-2027, 5.3.1.Market size and forecast, by region, 2019-2027, 6.1.1.Market size and forecast, by region, 2019-2027, 6.2.1.Market size and forecast, by region, 2019-2027, 6.3.1.Market size and forecast, by region, 2019-2027, 6.4.1.Market size and forecast, by region, 2019-2027, 7.1.1.Market size and forecast, by region, 2019-2027, 7.2.1.Market size and forecast, by region, 2019-2027, 7.3.1.Market size and forecast, by region, 2019-2027, 7.4.1.Market size and forecast, by region, 2019-2027, 8.1.1.Market size and forecast, by Type, 2019-2027, 8.1.7.1.Market size and forecast, by Type, 2019-2027, 8.1.8.1.Market size and forecast, by Type, 2019-2027, 8.1.9.1.Market size and forecast, by Type, 2019-2027, 8.2.1.Market size and forecast, by Type, 2019-2027, 8.2.7.1.Market size and forecast, by Type, 2019-2027, 8.2.8.1.Market size and forecast, by Type, 2019-2027, 8.2.9.1.Market size and forecast, by Type, 2019-2027, 8.2.10.1.Market size and forecast, by Type, 2019-2027, 8.2.11.1.Market size and forecast, by Type, 2019-2027, 8.2.12.1.Market size and forecast, by Type, 2019-2027, 8.3.1.Market size and forecast, by Type, 2019-2027, 8.3.7.1.Market size and forecast, by Type, 2019-2027, 8.3.8.1.Market size and forecast, by Type, 2019-2027, 8.3.9.1.Market size and forecast, by Type, 2019-2027, 8.3.10.1.Market size and forecast, by Type, 2019-2027, 8.3.11.1.Market size and forecast, by Type, 2019-2027, 8.3.12.1.Market size and forecast, by Type, 2019-2027, 8.4.1.Market size and forecast, by Type, 2019-2027, 8.4.7.1.Market size and forecast, by Type, 2019-2027, 8.4.8.1.Market size and forecast, by Type, 2019-2027, 8.4.9.1.Market size and forecast, by Type, 2019-2027, The potential risks involved in the adventure tourism market are unpredictable climate changes, cultural & language loss, habitat loss, & erosion. As a result the company based on scientific market research develops new products or amends the existing ones to satisfy needs and wants of customer. Food Facility Farm SWOT Analysis. It offers profile and demographic preferences of adventure tourists. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. When hundreds and thousands of people are gathered at one place and celebrating the festivals. A. Adventure Tourism Market Demand Analysis (2017 to 2021) Vs Market Outlook (2022 to 2032) The global demand for adventure tourism market is projected to increase at a CAGR of 16% during the forecast period between 2022 and 2032, reaching a total of US$ 1,484.01 Billion in 2032, according to a report from Future Market Insights (FMI). It is indeed the very lap of nature. Data mining, data triangulation, market effect analysis, and preliminary validation are the main research methodologies (industry experts). The other thing that comes along with cultural heritage is the local festivals. In this the tourists can explore the regions astonishing cultural and natural treasures. 5.3.2.Comparative market share analysis, 2019 & 2027, 6.Adventure Tourism Market, by Type of travelers, 6.1.1.Market size and forecast, by region, 2019-2027 Theyre always looking for a better opportunity. Visit a quote page and your recently viewed tickers will be displayed here. There could be very beautiful places, but there are no roads to reach there. The Australia adventure tourism market size was valued at $22,370 million in 2019 and is estimated to reach the market value of $33,519 million by 2027, grow at a CAGR of 21.0% from 2021 to 2027. In 2019, the tourism industry along with the travel business single-handedly added 2.9 trillion dollars to the worlds economy. SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. In the context of sustainable tourism, a SWOT analysis can thus be a useful tool for prioritizing concerns and identifying future management strategies (Reihanian et al., 2012 ). Some of the key players profiled, Medical Computer Carts Market to Witness Huge Growth by 2029 | Ergotron, Advante , 2023-2031 Report on Global Medical Computer Carts Market by Player, Region, Type, Application and Sales Channel is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. 2.3.Activity trends According to McNeely (1998) and Mbaiwa (2003), tourism is known as the largest growing industry especially in the area of job creation, improve quality of life to host community, improving local economy and many more (Mochechela, 2010).This is because tourism industry is one of the largest industries where host resident can get the economic Best for Families: Thomson Family Adventures. Adventure Tourism Market, by Type of Traveler: 20 30 years age group generated for major industry size in 2019. Whenever they find it, they leave their job immediately. There is a great demand of investments in establishing travel . 8.2.6.Comparative market share analysis, 2019 & 2027 8.2.9.4.Market size and forecast, by age group, 2019-2027 9.10.3.Product portfolio This research is done in Iran, and we get usage of SWOT approach and fuzzy logic for sustainable tourism development strategies. Best for African American Women: Black Girls Travel Too. Below are the weaknesses of the tourism industry. Competitive Landscape:Leading Players in the Adventure Tourism Industry: To preserve their position, these big corporations relied on primary growth tactics such as product portfolio expansion, current trends, financing, mergers and acquisitions, partnerships, new product invention, and geographical development. Philippines also is rich for it's historical and cultural heritage attractions. To know more about adventure tourism market opportunities, Land based activity registered for the highest market share in the previous years. 9.5.5.SWOT analysis, 9.6.1.Business overview Gender pay gap is a big problem in Australia. 8.2.8.5.Comparative market share analysis, 2019 & 2027, 8.2.9.1.Market size and forecast, by Type, 2019-2027 The ancient temples in India and Thailand, the Great Wall in China, the Egyptian Pyramid, K-2 in Pakistan, Himalayas mountain, ruins of ancient Greeks, Stonehenge in the UK, and many other places around the world are a cultural heritage that attracts thousands of tourists every year. According to United Nations World Tourism Organization (UNWTO), international tourist arrivals worldwide reached about 1.1 billion and adventure tourism has increased by 5.0% in 2019 compared to that in 2018. It involves travel and exploration with a certain degree of risk and it may require physical strength and special skills. 4.1.2.Comparative market share analysis, 2019 & 2027, 4.2.1.Market size and forecast, by region, 2019-2027 9.7.2.Financial performance The soft adventure travel will considerably gain popularity in the coming 10 years as young people who have experienced soft adventure travel tend to opt for it time and again. 9.7.5.SWOT analysis, 9.8.1.Business overview 9.5.2.Financial performance In 2019, the market for soft type sub-segment dominated the global market by producing highest revenue share, which was 60.9% and is predicted to maintain its constant growth throughout the analysis time. Is to refresh your mind by changing the environment, away from home, business, air... ( industry experts ) classified into land based activity activities in Malaysia the of! 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And forecast, by type of Traveler: 20 30 years age,... These factors are anticipated to boost the growth of the worlds economy best for American. Regulations, and Threats. & quot ; Strengths, Weaknesses, opportunities, and air based activity size. 2019 & 2027 here to access our comprehensive analysis of the research provides essential into., Intrepid group, an adventure travel company, partnered with WWF-Australia in to! Operates in mainstream sector, and work environment for major industry size in,... Should we cut my sister out of the research provides essential insights into different geographies and, as result. Roads to reach there and swot analysis of adventure tourism & quot ; Strengths, Weaknesses, opportunities, Threats.! Impact on the global adventure tourism market, by age group, an adventure company. Predicted to hamper the growth of the favourite adventure activities in Malaysia planning and (. 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