The global adventure tourism market size stood at a notable valuation in 2023. The market is poised to exhibit a substantial CAGR over the analysis period.

Adventure tourism includes various activities, comprising air-based ventures, land sports, mountain hiking, and water-based activities, among others. The enforcement of supportive government policies is set to propel industry expansion over the coming years.

Fortune Business Insights™ provides this information in its research report, titled “Adventure Tourism Market, 2024-2032”.

COVID-19 Impact:

Imposition of Travel Restrictions Led to a Negative Impact on Industry Growth

The pandemic led to the enforcement of travel and lockdown restrictions, which negatively impacted the industry expansion. The period also recorded a substantial impact on tourism activities. However, the increased interest of people in exploring new locations helped the revival of the industry during the post-pandemic period.

Information Source: https://www.fortunebusinessinsights.com/adventure-tourism-market-107924

Top Company in the Adventure Tourism Market:

• Austin Adventures, Inc. (U.S.)
• Intrepid Group, Ltd. (Australia)
• Butterfield & Robinson Inc. (Canada)
• G Adventures (Canada)
• Tui Group (Germany)
• Geographic Expeditions Inc. (U.S.)
• Row Adventures (U.S.)
• Mountain Travel Sobek (U.S.)
• Cox & Kings Ltd. (U.K.)
• Discovery Nomads (U.K.)

Segmentation:

Soft Segment to Lead the Market Due to Benefit of Affordability