Summary
The global SAVE Tourism Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview
SAVE tourism stands for scientific, academic, volunteer and education tourism. It is a comparatively newer concept and has been developed recently. Scientific travel is critical for expanding knowledge and support in destinations. This requires additional assistance outside the local communities. The global SAVE tourism market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global SAVE tourism market is expected to witness significant growth in the global SAVE tourism market during the forecast period, owing to growing interest of travelers to interact with culture, nature, and local people.
Market Drivers
Continuous rise in international travelers and rise in competition between global and local players is expected to drive growth of the global SAVE tourism market during the forecast period. According to the International Civil Aviation Organization (ICAO), in 2018, around 4.3 billion passengers were carried on scheduled service, increasing by 6.4% from 2017. As a result of this, this SAVE tourism has expanded significantly in the recent past. Thus, these factors are expected to drive growth of the global SAVE tourism market during the forecast period. Furthermore, growing interest of travelers to interact with culture, nature, and local people is expected to propel the global SAVE tourism market growth over the forecast period.
Market Restraint
Stringent regulations related to visas are expected to restrain growth of the global SAVE tourism market during the forecast period.
Regional Insights
Among regions, Europe is expected to witness significant growth in the global SAVE tourism market during the forecast period. This is owing to proactive initiatives taken by government authorities in the region. Furthermore, North America is expected to register a robust growth rate over the forecast period, owing to a rise in both outbound and inbound trips in the region.
Competitive Section
Key companies operating in the global SAVE tourism market are ABTA Ltd., Fair Trade Tourism, Travel Foundation, Bookdifferent, Fair Trade Tourism, Tui Group, and Four Communications.
The SAVE Tourism Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the SAVE Tourism Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- ABTA Ltd.
- ATTITUDE HOSPITALITY LTD (AHL)
- Bookdifferent
- Caribtours Ltd
- Deutsche Gesellschaft fr Internationale Zusammenarbeit (GIZ) GmbH
- Fair Trade Tourism
- Four Communications
- NECSTouR
- Responsible Vacation
- Travel Foundation
- Tui Group
By the Product Type, the market is primarily segmented into:
- Scientist
- Academic
- Volunteer
- Education
By Applications, the market is segmented into:
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the SAVE Tourism Market Report:
- To assess the size of the market by value and volume
- Analyze the SAVE Tourism Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the SAVE Tourism Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the SAVE Tourism Market
The SAVE Tourism Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the SAVE Tourism Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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