Ethno-Tourism Community-Based Eco-Tourism Market Ascending to US$ 88,003 Million in 2033 | FMI

Ethno-Tourism and Community-Based Eco-Tourism Market
Ethno-Tourism and Community-Based Eco-Tourism Market

The global ethno tourism community based eco tourism market is expected to accrue a valuation of US$ 88,003 million by 2033, scaling up from US$ 12,201 million in 2023. The target market is set to grow at an astounding CAGR of 21.8% from 2023 to 2033. This market is primarily driven by a surge in the per capita income at individual levels. The rising awareness of the positive influence of ethno-tourism on society and the environment also supplements the growth of the ethno-tourism community-based eco-tourism market in this period of observation.

Ethno-tourism provides a platform where people can discover ethnic populations and learn more about unique cultures and customs by visiting and interacting with locals. Ethno-tourists travel all over the world to experience native culture and enhance their understanding of native people. This subset of tourism is particularly prevalent in geographies with diverse populations, rich histories, and legacies such as Africa, India, Japan, and others.

 

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Ethno-tourism community-based eco-tourism includes native performances, presentations, and acts put on by a region’s indigenous population. This type of tourism also provides a broader perspective on village-based tourism, cultural anthropology, and tribal heritage. Since it is difficult to distinguish ethnic tourism from the landscape it occurs in, ethno-tourism is intertwined with ecotourism. However, ecotourism is another segment under travel and tourism where travelers visit different locations with the purpose of enjoying nature. Initiatives from different tourist boards and favorable government policies with variations in tour types will facilitate the growth of the ethno-tourism community-based eco-tourism market during the forecast period.

Increasing per capita income and the experience that travelers get from engaging with different cultures act as growth drivers for the ethno-tourism community-based eco-tourism market. As the younger generation and urban population of various countries grow more open towards other cultures, and there continues to be a rise in per capita income, the demand for ethno-tourism community-based eco-tourism market will also rise over the projection period.

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Key Takeaways:

 

  • With the expanding tourism sector in India, the ethno-tourism and eco-tourism sectors will also undergo strong growth as travelers seek out ethnic experiences at popular and attractive locations.
  • South African region is expected to dominate the global ethno-tourism community-based eco-tourism market during the assessment period.
  • By tour type, the group category will generate greater demand for the market during this period.
  • Based on age group, the 21-35 segment has been observed to prefer ethno- and eco-tourism as compared to other age groups.

Competitive Landscape 

As a labor-intensive market, ethno-tourism community-based eco-tourism has immense economical benefits. Significant market players are keen on offering various tour programs including guided tours and ethnic cuisine experiences. Engagement with the local environment and culture offered by this type of tourism has more advantages than disadvantages for a nation.

More Insights into Ethno Tourism Community Based Eco Tourism Market 

 

FMI offers the latest, detailed, and unbiased analysis of the global ethno-tourism community-based eco-tourism market, providing historical data from 2018 to 2022 and forecast statistics for 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented on the basis of age, demographic, nationality, tour type, and region.

 

According to the reports, based on segmentation, online booking channels are the most popular as it offers more options and convenience. In terms of age group, the 21 to 35 category is the most common age group to opt for ethno-tourism. The group tour type also opens growth avenues for the market.

Based on region, the ethno-tourism community-based eco-tourism market in South African terrains will dominate the global marketplace. The target market in this region is shaped by rich cultural, linguistic, and natural backgrounds. The ethno-tourism market has also been beneficial to the regional economy by creating more jobs and earning opportunities. In addition to the southern African subregion, India also presents notable growth in the ethno- and eco-tourism market. Many travelers are attracted to popular and pleasing locations within India where they can garner a better knowledge of native people, life, and culture. All of these considerations propel the ethno-tourism community-based eco-tourism market forward in the upcoming years.

 

Ethno-Tourism Community Based Eco Tourism Market by Category

 

By Age:

  • Under 18
  • 18-25
  • 26-35
  • 36-45
  • 46-55
  • Over 55

By Demographic:

  • Male
  • Female
  • Kids

By Nationality:

  • Domestic
  • International

By Tour Type:

  • Group
  • Solo

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