Market Overview:
The global geotourism market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of geotourism among tourists, owing to the unique and thrilling experience it offers. Additionally, factors such as globalization and rising income levels are also contributing to the growth of this market. Based on type, very motivated tourists account for a major share in the global geotourism market. This can be attributed to their urge for adventure and thrill-seeking behavior, which is fulfilled by activities offered by geotourism destinations. Partially motivated tourists are also expected to witness significant growth during the forecast period due to an increase in awareness about these destinations among travelers worldwide.
Product Definition:
Geotourism is the tourism that is focused on natural and cultural features of the earth. These features can include geological formations, such as mountains, caves and volcanoes; ecosystems like rainforests and coral reefs; archaeological sites, including ancient ruins and traditional villages; or cultural events like music festivals or local craft fairs.
Very Motivated:
The global very motivated is estimated to be USD 5.0 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing popularity of geotourism, which involves travel and tourism based on geography, especially focusing on natural sites or geographical features. Geotourism has been gaining significant momentum across the globe owing to its numerous benefits such as economic development, job creation, preservation of cultural heritage sites etc.
Partially Motivated:
Partially motivated and it's usage in Geotourism market: Introduction to partially motivated geotourism is a relatively new term that refers to the practice of promoting tourism by providing information on destinations but without requiring tourists to travel there themselves. The concept has been around for only about five years, although its roots go back much further.
Application Insights:
The below 30 years application segment accounted for the largest market share in 2017 and is projected to expand at a steady CAGR over the forecast period. The growth can be attributed to increasing number of Geotourism destinations across the world, which attracts a large number of visitors in their early twenties. These destinations provide an opportunity for people to experience real life like situations through adventure activities or visits to natural wonders such as mountains, caves, and oceans.
The 30-40 years application segment is expected witness significant growth over the forecast period owing to increase in spending capacity & disposable income among middle aged population groups travelling on package tours or business trips. Middle aged group travels are majorly driven by Adventure travel companies who offer customized itineraries according with customer requirements covering various interests including history, culture along with nature & wildlife conservation areas around specific dates of trip i.e., honeymooners or solo travellers etcetera).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing tourism activities and geocaching events across countries such as India, China, Australia, Japan and others. For instance, in September 2018; Geocache Association of Japan launched a new category called ‘Geocache Travel Bug’ for promoting travel bugs which are small hidden containers used for caching purposes.
North America is also anticipated to witness significant growth over the next eight years owing to rising number of accidental geotourists who have been exploring areas outside major tourist routes due to lack of proper information regarding location or existence of such place at all times along with growing popularity of outdoor recreational activities among people aged between 30-50 years old group that has increased accessibility.
Growth Factors:
- Increasing demand for unique and customized travel experiences
- Proliferation of online booking platforms and geotourism content providers
- Growing popularity of experiential travel
- Rising disposable incomes in developing countries
- Improved infrastructure and connectivity
Scope Of The Report
Report Attributes
Report Details
Report Title
Geotourism Market Research Report
By Type
Very Motivated, Partially Motivated, Accessory, Accidental, Not Motivated
By Application
Below 30 Years, 30-40 Years, 40-50 Years, Above 50 Years
By Companies
Expedia Group, Priceline Group, China Travel, China CYTS Tours Holding, American Express Global Business Travel, Carlson Wagonlit Travel, BCD Travel, HRG North America, Travel Leaders Group, Fareportal/Travelong, AAA Travel, Corporate Travel Management, Travel and Transport, Altour, Direct Travel, World Travel Inc., Omega World Travel, Frosch, JTB Americas Group, Ovation Travel Group, World Travel Holdings, Mountain Travel Sobek, TUI AG, Natural Habitat Adventures, Abercrombie & Kent Group, InnerAsia Travel Group, Butterfield & Robinson, ATG Travel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Geotourism Market Report Segments:
The global Geotourism market is segmented on the basis of:
Types
Very Motivated, Partially Motivated, Accessory, Accidental, Not Motivated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 30 Years, 30-40 Years, 40-50 Years, Above 50 Years
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Expedia Group
- Priceline Group
- China Travel
- China CYTS Tours Holding
- American Express Global Business Travel
- Carlson Wagonlit Travel
- BCD Travel
- HRG North America
- Travel Leaders Group
- Fareportal/Travelong
- AAA Travel
- Corporate Travel Management
- Travel and Transport
- Altour
- Direct Travel
- World Travel Inc.
- Omega World Travel
- Frosch
- JTB Americas Group
- Ovation Travel Group
- World Travel Holdings
- Mountain Travel Sobek
- TUI AG
- Natural Habitat Adventures
- Abercrombie & Kent Group
- InnerAsia Travel Group
- Butterfield & Robinson
- ATG Travel
Highlights of The Geotourism Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Very Motivated
- Partially Motivated
- Accessory
- Accidental
- Not Motivated
- By Application:
- Below 30 Years
- 30-40 Years
- 40-50 Years
- Above 50 Years
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Geotourism Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Geotourism is the travel industry that focuses on tourism activities that take place in or around geosites. Geosites are natural features, such as mountains, lakes, rivers and caves, which can be visited for recreational purposes.
Some of the major companies in the geotourism market are Expedia Group, Priceline Group, China Travel, China CYTS Tours Holding, American Express Global Business Travel, Carlson Wagonlit Travel, BCD Travel, HRG North America, Travel Leaders Group, Fareportal/Travelong, AAA Travel, Corporate Travel Management, Travel and Transport, Altour, Direct Travel, World Travel Inc., Omega World Travel, Frosch, JTB Americas Group, Ovation Travel Group, World Travel Holdings, Mountain Travel Sobek, TUI AG, Natural Habitat Adventures, Abercrombie & Kent Group, InnerAsia Travel Group, Butterfield & Robinson, ATG Travel.
The geotourism market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Geotourism Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Geotourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Geotourism Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Geotourism Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Geotourism Market Size & Forecast, 2018-2028
4.5.1 Geotourism Market Size and Y-o-Y Growth
4.5.2 Geotourism Market Absolute $ Opportunity
Chapter 5 Global Geotourism Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Geotourism Market Size Forecast by Type
5.2.1 Very Motivated
5.2.2 Partially Motivated
5.2.3 Accessory
5.2.4 Accidental
5.2.5 Not Motivated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Geotourism Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Geotourism Market Size Forecast by Applications
6.2.1 Below 30 Years
6.2.2 30-40 Years
6.2.3 40-50 Years
6.2.4 Above 50 Years
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Geotourism Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Geotourism Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Geotourism Analysis and Forecast
9.1 Introduction
9.2 North America Geotourism Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Geotourism Market Size Forecast by Type
9.6.1 Very Motivated
9.6.2 Partially Motivated
9.6.3 Accessory
9.6.4 Accidental
9.6.5 Not Motivated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Geotourism Market Size Forecast by Applications
9.10.1 Below 30 Years
9.10.2 30-40 Years
9.10.3 40-50 Years
9.10.4 Above 50 Years
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Geotourism Analysis and Forecast
10.1 Introduction
10.2 Europe Geotourism Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Geotourism Market Size Forecast by Type
10.6.1 Very Motivated
10.6.2 Partially Motivated
10.6.3 Accessory
10.6.4 Accidental
10.6.5 Not Motivated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Geotourism Market Size Forecast by Applications
10.10.1 Below 30 Years
10.10.2 30-40 Years
10.10.3 40-50 Years
10.10.4 Above 50 Years
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Geotourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Geotourism Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Geotourism Market Size Forecast by Type
11.6.1 Very Motivated
11.6.2 Partially Motivated
11.6.3 Accessory
11.6.4 Accidental
11.6.5 Not Motivated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Geotourism Market Size Forecast by Applications
11.10.1 Below 30 Years
11.10.2 30-40 Years
11.10.3 40-50 Years
11.10.4 Above 50 Years
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Geotourism Analysis and Forecast
12.1 Introduction
12.2 Latin America Geotourism Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Geotourism Market Size Forecast by Type
12.6.1 Very Motivated
12.6.2 Partially Motivated
12.6.3 Accessory
12.6.4 Accidental
12.6.5 Not Motivated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Geotourism Market Size Forecast by Applications
12.10.1 Below 30 Years
12.10.2 30-40 Years
12.10.3 40-50 Years
12.10.4 Above 50 Years
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Geotourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Geotourism Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Geotourism Market Size Forecast by Type
13.6.1 Very Motivated
13.6.2 Partially Motivated
13.6.3 Accessory
13.6.4 Accidental
13.6.5 Not Motivated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Geotourism Market Size Forecast by Applications
13.10.1 Below 30 Years
13.10.2 30-40 Years
13.10.3 40-50 Years
13.10.4 Above 50 Years
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Geotourism Market: Competitive Dashboard
14.2 Global Geotourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Expedia Group
14.3.2 Priceline Group
14.3.3 China Travel
14.3.4 China CYTS Tours Holding
14.3.5 American Express Global Business Travel
14.3.6 Carlson Wagonlit Travel
14.3.7 BCD Travel
14.3.8 HRG North America
14.3.9 Travel Leaders Group
14.3.10 Fareportal/Travelong
14.3.11 AAA Travel
14.3.12 Corporate Travel Management
14.3.13 Travel and Transport
14.3.14 Altour
14.3.15 Direct Travel
14.3.16 World Travel Inc.
14.3.17 Omega World Travel
14.3.18 Frosch
14.3.19 JTB Americas Group
14.3.20 Ovation Travel Group
14.3.21 World Travel Holdings
14.3.22 Mountain Travel Sobek
14.3.23 TUI AG
14.3.24 Natural Habitat Adventures
14.3.25 Abercrombie & Kent Group
14.3.26 InnerAsia Travel Group
14.3.27 Butterfield & Robinson
14.3.28 ATG Travel
