Unveiling the South American Tourism Market Adventure, Where US$ 473.68 Billion Beckons with a Thriving 4% CAGR by 2032 | FMI

With a forecasted compound annual growth rate (CAGR) of 4%, the South American tourism market, valued at US$ 320 billion in 2022, is likely to reach US$ 473.68 billion in valuation by 2032. Architectural masterpieces along with cultural diversity and many more factors are expected to increase the demand for South America tourism. Tourism is one of those sectors which contributes …