The global adventure tourism market was valued at $444,850 million in 2016, and is projected to reach $1,335,738 million in 2023, registering a CAGR of 17.4 % from 2017 to 2023. The substantial boom in the travel and tourism sector fosters the growth for adventure tourism market.
Adventure tourism is defined as travelling outside a person’s regular environment. Adventure travel may involve various adventurous activities such as caving, climbing, cycling, hiking, hunting, rafting, and others. Tourism is one of the most rapidly growing sectors, while adventure tourism is one of its fastest growing segments.
Major Key Players of the Adventure Tourism Market are:Austin Adventures, G Adventures, Mountain Travel Sobek, TUI Ag, ROW Adventures, REI Adventures, InnerAsia Travel Group, Intrepid Group Limited, Butterfield & Robinson Management Services, Abercrombie & Kent Group of Companies S.A.
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