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$2+ Billion Adventure Tourism Market by Type, Activity, Type of Travelers, & Age Group - Global Opportunity Analysis and Industry Forecast 2020 - 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 18, 2021

b'The "Adventure Tourism Market by Type, by Activity, Type of Travelers, by Age Group - Global Opportunity Analysis and Industry Forecast, 2020 - 2030" report has been added to ResearchAndMarkets.com\'s offering.\nThe Global Adventure Tourism Market size was valued at USD 657.8 million in 2019, is expected an elevation of USD 2.02 billion by 2030 witnessing a CAGR of 10.7% from 2020-2030.\nAdventure tourism involves exploration of exotic destinations, venturing in remote areas, discovering the wilderness, and travelling to such other out-of-the-comfort-zone destinations, that includes physical activities, exchange of cultural values and framing a deeper connection with the nature.

Key Points: 
  • b'The "Adventure Tourism Market by Type, by Activity, Type of Travelers, by Age Group - Global Opportunity Analysis and Industry Forecast, 2020 - 2030" report has been added to ResearchAndMarkets.com\'s offering.\nThe Global Adventure Tourism Market size was valued at USD 657.8 million in 2019, is expected an elevation of USD 2.02 billion by 2030 witnessing a CAGR of 10.7% from 2020-2030.\nAdventure tourism involves exploration of exotic destinations, venturing in remote areas, discovering the wilderness, and travelling to such other out-of-the-comfort-zone destinations, that includes physical activities, exchange of cultural values and framing a deeper connection with the nature.
  • This niche tourism entails a certain degree of real/perceived risk or physical danger as well as, it may require special skills and physical exertion.\nAdventure tourism includes various air, water and land activities like mountaineering, trekking, hiking, scuba diving, canyoneering, sandboarding, paragliding, river rafting, and others.
  • These activities are performed under the guided supervision of experts, using all the safety measures like helmets, harness, and others, to avoid mishaps.\nUntil the Covid-19 pandemic struck, the global adventure tourism industry was on the rise with increasing globalization, multinational events and concerts.
  • On the other hand, surge in travel trends on social media, and high competition among travel agencies in offering reasonable travel packages are the factors propelling the growth of adventure tourism market in future.\nNorth America is expected to dominate the global adventure tourism market, holding the highest market share over the forecast period.

Tea Market to Reach $68.95 Bn, Globally, by 2027 at 6.6% CAGR: AMR

Retrieved on: 
Tuesday, September 15, 2020

According to the report, the global tea industry generated $55.14 billion in 2019, and is estimated to generate $68.95 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.

Key Points: 
  • According to the report, the global tea industry generated $55.14 billion in 2019, and is estimated to generate $68.95 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.
  • Health benefits of tea, prevalence of tea culture, surge in awareness of its use to lose weight, and expansion of the retail sector drive the growth of the global tea market.
  • On the other hand, declining demand for carbonated drinks and introduction of new flavors present new opportunities in the market.
  • The report also analyzes segments including black tea, oolong tea, fruit/herbal tea, and others.

Tea Market to Reach $68.95 Bn, Globally, by 2027 at 6.6% CAGR: AMR

Retrieved on: 
Tuesday, September 15, 2020

According to the report, the global tea industry generated $55.14 billion in 2019, and is estimated to generate $68.95 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.

Key Points: 
  • According to the report, the global tea industry generated $55.14 billion in 2019, and is estimated to generate $68.95 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027.
  • Health benefits of tea, prevalence of tea culture, surge in awareness of its use to lose weight, and expansion of the retail sector drive the growth of the global tea market.
  • On the other hand, declining demand for carbonated drinks and introduction of new flavors present new opportunities in the market.
  • The report also analyzes segments including black tea, oolong tea, fruit/herbal tea, and others.

2020 Insights on the Worldwide Adventure Travel Market - Individual Analysis of the Top 470 Companies - ResearchAndMarkets.com

Retrieved on: 
Friday, June 5, 2020

The author's Adventure Travel (GLOBAL) Analysis provides a detailed overview of the Adventure Travel (GLOBAL) market and delivers a comprehensive individual analysis on the top 470 companies, including JUNGFRAUBAHN HOLDING AG, LOFOTEN VIKING AS and TUI TRAVEL GROUP SOLUTIONS LIMITED.

Key Points: 
  • The author's Adventure Travel (GLOBAL) Analysis provides a detailed overview of the Adventure Travel (GLOBAL) market and delivers a comprehensive individual analysis on the top 470 companies, including JUNGFRAUBAHN HOLDING AG, LOFOTEN VIKING AS and TUI TRAVEL GROUP SOLUTIONS LIMITED.
  • The author's latest Adventure Travel (GLOBAL) analysis is ideal for anyone wanting to:
    Using the author's exclusive methodology, a quick glance of this Adventure Travel (GLOBAL) report will tell you that 45 companies have a declining financial rating, while 31 have shown good sales growth.
  • Each of the largest 470 companies is meticulously scrutinised in an individual assessment and analysed using the most up-to-date and current financial data.
  • Every business is examined on the following features:
    Subsequently, you will receive a thorough 100-page market analysis highlighting the latest changes in the Adventure Travel (GLOBAL) market.

Hiking Gear & Equipment Market to Reach $28.78 Bn, Globally, by 2026 at 4.2% CAGR: Allied Market Research

Retrieved on: 
Thursday, May 7, 2020

According to the report, the global hiking gear & equipment industry garnered $20.65 billion in 2018, and is estimated to generate $28.78 billion by 2026, registering a CAGR of 4.2% from 2019 to 2026.

Key Points: 
  • According to the report, the global hiking gear & equipment industry garnered $20.65 billion in 2018, and is estimated to generate $28.78 billion by 2026, registering a CAGR of 4.2% from 2019 to 2026.
  • Rise in popularity of outdoor activities among people all around the world, increase in adventure travel, and surge in the number of agencies organizing hiking tours drive the global hiking gear & equipment market.
  • However, the potential risk and uncertain conditions in hiking limits the growth to certain extent.
  • On the other hand, increase in influence of social media and video logging is expected create new opportunities in the market.

Adventure Tourism Market to Reach $1,626.7 Bn, Globally, by 2026 at 13.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, May 5, 2020

According to the report, the global adventure tourism industry garnered $586.3 billion in 2018, and is projected to garner $1,626.7 billion by 2026, witnessing a CAGR of 13.3% from 2019 to 2026.

Key Points: 
  • According to the report, the global adventure tourism industry garnered $586.3 billion in 2018, and is projected to garner $1,626.7 billion by 2026, witnessing a CAGR of 13.3% from 2019 to 2026.
  • Rise in interest among the travelers to visit undiscovered destinations and increase in government initiatives to promote tourism augment the growth of the global adventure tourism market.
  • However, risks involved in unpredictable weather conditions and adventure traveling restrains the market growth.
  • On the other hand, surge in the trend of social media and emergence of artificial intelligence offer multiple opportunities to market players.

Adventure Tourism Market to Reach $1,626.7 Bn, Globally, by 2026 at 13.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, May 5, 2020

According to the report, the global adventure tourism industry garnered $586.3 billion in 2018, and is projected to garner $1,626.7 billion by 2026, witnessing a CAGR of 13.3% from 2019 to 2026.

Key Points: 
  • According to the report, the global adventure tourism industry garnered $586.3 billion in 2018, and is projected to garner $1,626.7 billion by 2026, witnessing a CAGR of 13.3% from 2019 to 2026.
  • Rise in interest among the travelers to visit undiscovered destinations and increase in government initiatives to promote tourism augment the growth of the global adventure tourism market.
  • However, risks involved in unpredictable weather conditions and adventure traveling restrains the market growth.
  • On the other hand, surge in the trend of social media and emergence of artificial intelligence offer multiple opportunities to market players.

MOC Elevates Tea Industry through Cultural Approaches

Retrieved on: 
Monday, January 6, 2020

To transform Taiwans tea industry into national cultural assets, the Ministry of Culture is establishing an online database of tea industry and culture through Taiwan Cultural Memory Bank project.

Key Points: 
  • To transform Taiwans tea industry into national cultural assets, the Ministry of Culture is establishing an online database of tea industry and culture through Taiwan Cultural Memory Bank project.
  • View the full release here: https://www.businesswire.com/news/home/20200105005111/en/
    MOC Elevates Tea Industry through Cultural Approaches (Photo: Business Wire)
    Tea played an important role in the modern history of Taiwan.
  • To preserve Taiwans tea culture systematically, the Ministry of Culture launched the Improving Tea Industry through Cultural Approaches project, utilizing digital preservation and value-added application methods to plan a tea cultural route for the public.
  • In 2019, the project has registered a total of 2,036 data relating to tea industry, spanning tea manufacturing equipment, tea plant varieties, cultivation, and tea diseases.

MOC Elevates Tea Industry through Cultural Approaches

Retrieved on: 
Monday, January 6, 2020

To transform Taiwans tea industry into national cultural assets, the Ministry of Culture is establishing an online database of tea industry and culture through Taiwan Cultural Memory Bank project.

Key Points: 
  • To transform Taiwans tea industry into national cultural assets, the Ministry of Culture is establishing an online database of tea industry and culture through Taiwan Cultural Memory Bank project.
  • View the full release here: https://www.businesswire.com/news/home/20200105005110/en/
    MOC Elevates Tea Industry through Cultural Approaches (Photo: Business Wire)
    Tea played an important role in the modern history of Taiwan.
  • To preserve Taiwans tea culture systematically, the Ministry of Culture launched the Improving Tea Industry through Cultural Approaches project, utilizing digital preservation and value-added application methods to plan a tea cultural route for the public.
  • In 2019, the project has registered a total of 2,036 data relating to tea industry, spanning tea manufacturing equipment, tea plant varieties, cultivation, and tea diseases.

Global Adventure Tourism Market 2018-2022 | 46% CAGR Projection Over the Next Five Years | Technavio

Retrieved on: 
Wednesday, November 20, 2019

The adventure tourism market size is expected to post a CAGR of nearly 46% during the period 2018-2022, according to the latest market research report by Technavio.

Key Points: 
  • The adventure tourism market size is expected to post a CAGR of nearly 46% during the period 2018-2022, according to the latest market research report by Technavio.
  • View the full release here: https://www.businesswire.com/news/home/20191120005743/en/
    Technavio has announced its latest market research report titled global adventure tourism market 2018-2022.
  • The rising spending capability of consumers is one of the major reasons for the growth of the adventure tourism market.
  • This market research report segments the adventure tourism market by type (domestic adventure tourism and international adventure tourism), contribution toward GDP (indirect contribution, direct contribution, and induced contribution), by category (thrill tourism, eco-tourism, accessible tourism, and ethno-tourism), and geography (the Americas, APAC, and EMEA).