Indonesia Sustainable Tourism Market: Projected Sales to Increase at an Impressive 27.3% CAGR by 2032 | FMI

Indonesia Sustainable Tourism Market
Indonesia Sustainable Tourism Market

The Indonesia sustainable tourism market is forecast to total USD 10.2 Million in 2022. Demand is slated to surge at a a 27.3% CAGR over the assessment period, in comparison to the CAGR of 21.4% registered between 2017 to 2021.

The Indonesia sustainable tourism industry is following various promotional activities such as direct marketing, discounts, offering free giveaways, and hosting events activities to promote their services. As the majority of potential customers are millennials who prefer social media to search and discover travel packages, companies are investing in advertisement on social media channels to improve sales.

Aside from that, the country’s service sector is gradually aiming for the contactless/online payment trend. When contactless transactions are allowed, customers save time by not trying to sort through cash or enter their PIN. The introduction of mobile payments has also made carrying a wallet out-of-date. Travel agencies and cash counters at tourist locations are offering cashless payment methods to offer convenience to tourists.

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Key takeaways

  • 26-35 age group segment will continue to hold the highest share in market.
  • The domestic tourist segment will remain highly lucrative in the tourist type category
  • In terms of tour type, the package tours segment is estimated to account for a dominant share in the market.
  • Based on booking type, demand in the online segment will remain high through 2032.

Key Manufacturing Companies

  • Altai Travel
  • Travelxism Sustainable Tour
  • Sumatra Eco Travel Bukit Lawang- Tours & Treks
  • Javaindo Ecotourism Tour & Services
  • Exo Travel Indonesia
  • Happy Trails! Asia-Indonesia
  • Azimuth Adventure Travel Ltd
  • Satguru Indonesia-Travel Management Company
  • K.B.A Tur (PT. Karang Bali Asli Tur)
  • Delokal- Travel Like Local
  • Authentic Indonesia
  • Trijaya Travel: Sumatra Tour & Travel Agent Medan
  • Destinazones
  • Wild Sumatra Tours

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Competition Landscape

Leading companies operating in the Indonesia sustainable tourism market are focusing on maintaining sustainable tours and eco-friendly practices during the trip, advertising popular tourist destinations in Indonesia, and new offers to improve sales.

Indonesia Sustainable Tourism Market by Category

Tourism Type:

  • Eco-Tourism
  • Green Tourism
  • Soft Tourism
  • Community Tourism

Booking Channel:

  • Phone Booking
  • Online Booking
  • In-Person Booking

Tourism Type:

  • Domestic
  • International

By Tourist Type, Indonesia Sustainable Tourism Market is segmented as:

  • Independent Traveler
  • Tour Group
  • Package Traveler

Consumer Orientation, Indonesia Sustainable Tourism Market is segmented as:

  • Men
  • Women

By Age Group, Indonesia Sustainable Tourism Market is segmented as:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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