The river cruises market is projected to amass a revenue of around US$ 1.71 billion by 2032, up from US$ 1.45 billion in 2022 moving forward with a CAGR of 2% during the forecast period (2022-2032). River cruises is now a major tourist industry in different parts of the world. In a river cruise, the ship is smaller and carriers …
Category Archives: Press Release
Camping and Caravanning Market will Expand at a CAGR of 7.6% in 2030
The global camping and caravanning market is projected to rise at a CAGR of ~7.6% between 2020 and 2030, Future Market Insights foresees stable growth for the market. Nowadays, most of the countries, such as the Philippines, India, Thailand, Brazil, and UAE, are significantly investing in their airports to improve arrival/departure facilities for a large number of …
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Indigenous Tourism Market to Reach at a US$ 65.16 billion by 2032
The global indigenous tourism market is expected to garner a revenue of around US$ surpassing US$ 65.16 billion by 2032, up from US$ 40 billion in 2022 with a CAGR of 4% during the forecast period (2022-2032). The size of the indigenous tourism market is growing as more visitors go to indigenous sites and engage in cultural tourism activities like seeing a fish …
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Destination Wedding Market is Expected to Reach at US$ 290,550.5 Mn in 2031 | Impact of COVID-19 on the Market
The destination wedding market with the rising penetration of social media. Usage of drone footage in marriage events takes destination weddings to the next level. Future Market Insights (FMI) in its latest study has forecast the market to rise at a CAGR of ~30.6% between 2021 and 2031. As per the market analysis, the destination wedding market …
Saudi Arabia Hajj Tourism Market is Likely to Surge at a Vigorous 7.0 % CAGR from 2022 – 2032.
The saudi arabia hajj tourism market is likely to surge at a vigorous 7.0 % CAGR from 2022 – 2032. Likely to reach a market revenue of US$ 150.0 Bn in 2022, and is expected to cross US$ 350.0 Bn by 2032. The Hajj is an annual journey to Mecca in Saudi Arabia and is the …
Cultural Travel Market is Projected to Increase at a CAGR of 6.54% in the Forecast Period from 2022 to 2032
The global cultural travel market to be valued at US$ 462.50 Million in 2022 and is projected to increase at a CAGR of 6.54% in the forecast period from 2022 to 2032. As per FMI Analysts, the global Cultural travel market is estimated The developing tourism arena is flanked by millions of tourists. These tourists are gutsy …
Tech Savvy Hotel Chains Market to Reach at a US$ 220 billion by 2032
The global tech savvy hotel chains market to be appraised at US$ 53.5 billion in 2022, likely to reach US$ 220 billion by 2032 with a CAGR of 15% during the forecast period (2022-2032). Hotel chains around the world are fast adopting the technological advancements that are crawling into the fast changing global hospitality scenario. Over the last few decades, several …
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Wildlife Tourism Market to Reach at a US$ 135 Billion in 2022
The wildlife tourism market is expected to reach US$ 219.9 Billion in 2032 and US$ 135 Billion in 2022 . Grow at robust 5% CAGR during 2022-2032 Wildlife tourism – or observing wild animals in their own habitat – is a critical part of the tourism industry in Australia, America, Africa, Canada, Indonesia, Maldives and Sri …
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Sustainable Tourism Market is Expected to Exhibit Compound Annual Growth Rate (CAGR) of 23.4%
The sustainable tourism market to register a year-on-year growth rate of 33.3% in 2022. As per the FMI analysis, the sustainable tourism market size will surpass US$ 1.0 Tn in 2022. Between 2022 and 2032, the market is expected to exhibit compound annual growth rate (CAGR) of 23.4%. The share of global sustainable tourism market in the parent market (travel and tourism …
Culinary Tourism Market is Expected to Grow at a CAGR of ~16.6% in 2032
The global culinary tourism market is estimated to top nearly US$ 977.3 Bn in 2022 and is projected to reach US$ 4,530.9 Bn by 2032 at a CAGR of 16.6% over the forecast period of 2022 and 2032. Travelers are rethinking the consequences of their consumption, and vegans, vegetarians, and flexitarians are gaining immense traction in food tourism. Vegetarian and vegan tourists are searching on the …
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