Market Overview:
The global polar tourism market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing popularity of adventure tourism, rising disposable income, and growing awareness about the benefits of polar tourism among tourists. By type, the Arctic region is expected to account for the largest share of the global polar tourism market in 2018. However, by 2030, Asia Pacific is expected to emerge as the fastest-growing region for polar tourism due to increased demand from countries such as China and Japan.
Product Definition:
Polar tourism is a type of tourism focused on the areas around Earth's poles, most notably the Arctic and Antarctic. These regions are known for their unique wildlife, landscapes, and cultures. The importance of polar tourism lies in its ability to generate income for local communities while also exposing people to new and different cultures.
Antarctic:
Antarctic is a continent which is located in the south pole of the earth and it covers an area of about 14,000 km2. It has been identified as one of the most attractive tourist destinations by various travel magazines and newspapers owing to its natural beauty including frozen lakes, ice-bound rivers & streams, snow-covered peaks & highlands and much more. The presence or absence of human habitation plays a major role in determining whether or not it can be called tourist friendly.
Arctic:
Arctic is the area located at the North Pole, which has a very cold climate in all four seasons. The region has long, frozen and snow-covered summers and short, dark and frosty winters.
Application Insights:
The millennial segment accounted for the largest revenue share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The millennials are called as generation Y and they prefer spending their vacations at places that are far away from home, hence these destinations attract them positively. Moreover, companies such as Intrepid Traveler organize trips for this group of people which further drives upmarket growth.
The baby boomers also form a significant part of the global polar tourism market owing to their interest in history and adventure travel along with a healthy dose of nostalgia towards snow-capped peaks and frozen wastes. Booming cruise business across various segments has been encouraging them to spend winters in warm climates rather than traveling outside U.S., thus driving upmarket growth during this time span till 2030 globally speaking (Gen X).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its position through 2030, with the U.S. being a key contributor to growth.
Asia Pacific is projected to be the fastest-growing regional market over the forecast period owing to rising disposable income levels.
Growth Factors:
- Increasing popularity of adventure sports and outdoor activities
- Proliferation of online booking platforms and travel agencies catering to polar tourism
- Growing awareness about the importance of environmental conservation and sustainable tourism practices
- Development of new tourist destinations in the Arctic and Antarctic regions
- Expansion of air travel infrastructure in polar regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Polar Tourism Market Research Report
By Type
Antarctic, Arctic, The Himalayas, Other
By Application
Millennial, Generation X, Baby Boomers
By Companies
TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Polar Tourism Market Report Segments:
The global Polar Tourism market is segmented on the basis of:
Types
Antarctic, Arctic, The Himalayas, Other
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
Millennial, Generation X, Baby Boomers
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:
- TUI Group
- Thomas Cook Group
- Jet2 Holidays
- Cox & Kings Ltd
- Lindblad Expeditions
- Travcoa
- Scott Dunn
- Abercrombie & Kent Ltd
- Micato Safaris
- Tauck
- Al Tayyar
- Backroads
- Zicasso
- Exodus Travels
- Butterfield & Robinson
Highlights of The Polar Tourism 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:
- Antarctic
- Arctic
- The Himalayas
- Other
- By Application:
- Millennial
- Generation X
- Baby Boomers
- 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 Polar Tourism 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polar tourism is a type of tourism that focuses on visiting the Arctic and Antarctic regions.
Some of the major companies in the polar tourism market are TUI Group, Thomas Cook Group, Jet2 Holidays, Cox & Kings Ltd, Lindblad Expeditions, Travcoa, Scott Dunn, Abercrombie & Kent Ltd, Micato Safaris, Tauck, Al Tayyar, Backroads, Zicasso, Exodus Travels, Butterfield & Robinson.
The polar tourism market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polar Tourism 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 Polar Tourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polar Tourism 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 Polar Tourism 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 Polar Tourism Market Size & Forecast, 2018-2028
4.5.1 Polar Tourism Market Size and Y-o-Y Growth
4.5.2 Polar Tourism Market Absolute $ Opportunity
Chapter 5 Global Polar Tourism 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 Polar Tourism Market Size Forecast by Type
5.2.1 Antarctic
5.2.2 Arctic
5.2.3 The Himalayas
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polar Tourism 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 Polar Tourism Market Size Forecast by Applications
6.2.1 Millennial
6.2.2 Generation X
6.2.3 Baby Boomers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polar Tourism 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 Polar Tourism 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 Polar Tourism Analysis and Forecast
9.1 Introduction
9.2 North America Polar Tourism 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 Polar Tourism Market Size Forecast by Type
9.6.1 Antarctic
9.6.2 Arctic
9.6.3 The Himalayas
9.6.4 Other
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 Polar Tourism Market Size Forecast by Applications
9.10.1 Millennial
9.10.2 Generation X
9.10.3 Baby Boomers
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 Polar Tourism Analysis and Forecast
10.1 Introduction
10.2 Europe Polar Tourism 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 Polar Tourism Market Size Forecast by Type
10.6.1 Antarctic
10.6.2 Arctic
10.6.3 The Himalayas
10.6.4 Other
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 Polar Tourism Market Size Forecast by Applications
10.10.1 Millennial
10.10.2 Generation X
10.10.3 Baby Boomers
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 Polar Tourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polar Tourism 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 Polar Tourism Market Size Forecast by Type
11.6.1 Antarctic
11.6.2 Arctic
11.6.3 The Himalayas
11.6.4 Other
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 Polar Tourism Market Size Forecast by Applications
11.10.1 Millennial
11.10.2 Generation X
11.10.3 Baby Boomers
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 Polar Tourism Analysis and Forecast
12.1 Introduction
12.2 Latin America Polar Tourism 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 Polar Tourism Market Size Forecast by Type
12.6.1 Antarctic
12.6.2 Arctic
12.6.3 The Himalayas
12.6.4 Other
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 Polar Tourism Market Size Forecast by Applications
12.10.1 Millennial
12.10.2 Generation X
12.10.3 Baby Boomers
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) Polar Tourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polar Tourism 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) Polar Tourism Market Size Forecast by Type
13.6.1 Antarctic
13.6.2 Arctic
13.6.3 The Himalayas
13.6.4 Other
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) Polar Tourism Market Size Forecast by Applications
13.10.1 Millennial
13.10.2 Generation X
13.10.3 Baby Boomers
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 Polar Tourism Market: Competitive Dashboard
14.2 Global Polar Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TUI Group
14.3.2 Thomas Cook Group
14.3.3 Jet2 Holidays
14.3.4 Cox & Kings Ltd
14.3.5 Lindblad Expeditions
14.3.6 Travcoa
14.3.7 Scott Dunn
14.3.8 Abercrombie & Kent Ltd
14.3.9 Micato Safaris
14.3.10 Tauck
14.3.11 Al Tayyar
14.3.12 Backroads
14.3.13 Zicasso
14.3.14 Exodus Travels
14.3.15 Butterfield & Robinson
