Asia-Pacific (APAC) Sustainable Tourism Market Summary, Competitive Analysis and Forecast to 2028
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Sustainable Tourism in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Sustainable tourism minimizes the negative impacts and maximizes the positive impacts of tourism as an activity while conserving resources or using them wisely to maintain their long-term viability. It takes full account of socioeconomic, cultural, and environmental impacts and addresses the needs of visitors, industry, and host communities. The market scope includes hotels & motels, travel intermediaries (travel agents, direct), food service (commercial food services), and transportation (airlines, passenger rail, road).
– The Asia-Pacific sustainable tourism market had total revenues of $60.3 billion in 2023, representing a negative compound annual growth rate (CAGR) of 13.4% between 2018 and 2023.
– The domestic segment accounted for the market's largest proportion in 2023, with total revenues of $39.4 billion, equivalent to 65.4% of the market's overall value.
– China accounted for the largest share with 39.0% of the Asia-Pacific sustainable tourism market in 2023 followed by Japan with a 16.4% share.
Scope
– Save time carrying out entry-level research by identifying the size, growth, and leading players in the sustainable tourism market in Asia-Pacific
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable tourism market in Asia-Pacific
– Leading company profiles reveal details of key sustainable tourism market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific sustainable tourism market with five year forecasts by both value and volume
Reasons to Buy
– What was the size of the Asia-Pacific sustainable tourism market by value in 2023?
– What will be the size of the Asia-Pacific sustainable tourism market in 2028?
– What factors are affecting the strength of competition in the Asia-Pacific sustainable tourism market?
– How has the market performed over the last five years?
– Who are the top competitors in Asia-Pacific's sustainable tourism market?
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