New Product Development
The India sustainable tourism market size is estimated to be valued at US$ 26.01 Mn in 2022 and is anticipated to reach US$ 151.88 Mn by 2032, with a rapid CAGR of 19.3% from 2022 to 2032. The demand for sustainable tourism in India is increasing as the country promotes resource conservation, regional culture and tradition, and economic progress. …
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The China Medical Tourism market is expected to reach a valuation of US$ 8,936 Mn in 2022 and is projected to have a CAGR of 16% during the forecast period. China Medical Tourism Market is forecast to grow at a steady rate during the forecast period. This is mainly attributed to certain factors like government support, the developing healthcare …
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The global Yoga and Meditation market to garner US$ 20,532.44 Million by 2032, up from US$ 5,295.07 Million in 2022, expanding at a significant CAGR of 18.10% during the forecast period. This growth will occur at a substantial CAGR of 18.10% over the projected period. Sales of personal workout mats have surpassed previous levels, in line with the present demand …
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The global underwater hotels market to reach US$ 11.6 billion by 2032, up from US$ 3.5 billion in 2022, progressing at a significant CAGR of 13.60% during the forecast period from 2022 to 2032. The growth of the Underwater Hotels market was mainly driven by the increasing R&D spending across the world. The demand for underwater hotels is surging as …
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The water adventure tourism market to reach US$ 845.8 Billion by 2032, up from US$ 156.9 Billion in 2022, progressing at a CAGR of 16.9% during the forecast period. Special interest tourism is a type of tourism that facilitates the customisation of tourism activities to cater to the specific interests of individuals and / or groups. A particular need or interest is …
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The UK outbound travel market is projected to reach US$ 175.2 Billion by 2032, up from US$ 76.7 Billion in 2022, developing at a considerable CAGR of 8.60% during the forecast period. Despite the slowdown in economic growth, European outbound travel has grown by 3%. Globally, United Kingdom is one of the top five spenders on outbound tourism. Outbound travel is increasing …
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The GCC outbound tourism market to be appraised at US$ 65.5 Billion by 2032, up from US$ 18.3 Billion in 2022, progressing at a considerable CAGR of 13.60% during the forecast period. Outbound tourism is when an individual travels outside his native country, either for vacation or business trip. Outbound tourism impacts the economy of a country owing to tourist spends; …
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The global event tourism market to progress at a CAGR of 4% during the forecast period, from US$ 1.5 Trillion in 2022, the market is predicted to reach US$ 2.1 Trillion by 2032. Event tourism is the systematic planning, marketing and holding of events at tourist destinations. It is done in order to increase the number of domestic as well …
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The global Colombia Colombia Agro Tourism market to be evaluated at US$ 7.1 Billion by 2032, up from US$ 3.7 Bn in 2022, at a CAGR of 6% From – 2022-2032 Colombia Agro Tourism is an extension of ecotourism as it lets visitors experience the life and activities on a farm. Tourists stay at agriculture oriented properties and observe the …
The global Cruise Tourism market to be appraised at US$ 17.4 Billion by 2032, up from US$ 5.3 Billion in 2022, advancing at a CAGR of 11.97% during the forecast period. The launch of novel inventive ships with technological advancements and numerous onboard activities for the travellers to enjoy is one of the primary factors driving the demand for cruise tourism. …
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