9.10.2.Financial performance 3.2.Key takeaways, 3.2.1.Top investment pockets The purpose of the report is to provide a comprehensive and detailed analysis for the industry Adventure Theme Park. 10+ Farm SWOT Analysis Examples. 9.6.4.Recent strategic moves & developments Cultural heritage and historical places are the main centers of attention for many tourists. About Us:Market is changing rapidly with the ongoing expansion of the industry. that, due to unique environmental and cultural attractions; Sri Lanka has options to develop new, more attractive tourism segments. Adventure travel is a subcategory of leisure travel (Soft and hard adventure travel) Adventure travel: $15 billion of the $100 billion dollar annual industry revenues Approximately $2- 4 billion of these revenues come from California (20%) Woodville adventure travel market: $6 million annually ATI: 8% of this market ($480.000 in revenues) It includes unique and challenging experiences during the vacation, in which travelers interact with local populations and connect with their core values. 8.4.5.Market size and forecast, by country, 2019-2027 9.3.5.SWOT analysis, 9.4.1.Business overview Key Players in the Global Adventure Tourism Market: Product launches and R&D investments are some of the common strategies followed by key players, The intensity of rivalry in the market is, 4.1.1.Market size and forecast, by region, 2019-2027, 4.2.1.Market size and forecast, by region, 2019-2027, 4.3.1.Market size and forecast, by region, 2019-2027, 5.1.1.Market size and forecast, by region, 2019-2027, 5.2.1.Market size and forecast, by region, 2019-2027, 5.3.1.Market size and forecast, by region, 2019-2027, 6.1.1.Market size and forecast, by region, 2019-2027, 6.2.1.Market size and forecast, by region, 2019-2027, 6.3.1.Market size and forecast, by region, 2019-2027, 6.4.1.Market size and forecast, by region, 2019-2027, 7.1.1.Market size and forecast, by region, 2019-2027, 7.2.1.Market size and forecast, by region, 2019-2027, 7.3.1.Market size and forecast, by region, 2019-2027, 7.4.1.Market size and forecast, by region, 2019-2027, 8.1.1.Market size and forecast, by Type, 2019-2027, 8.1.7.1.Market size and forecast, by Type, 2019-2027, 8.1.8.1.Market size and forecast, by Type, 2019-2027, 8.1.9.1.Market size and forecast, by Type, 2019-2027, 8.2.1.Market size and forecast, by Type, 2019-2027, 8.2.7.1.Market size and forecast, by Type, 2019-2027, 8.2.8.1.Market size and forecast, by Type, 2019-2027, 8.2.9.1.Market size and forecast, by Type, 2019-2027, 8.2.10.1.Market size and forecast, by Type, 2019-2027, 8.2.11.1.Market size and forecast, by Type, 2019-2027, 8.2.12.1.Market size and forecast, by Type, 2019-2027, 8.3.1.Market size and forecast, by Type, 2019-2027, 8.3.7.1.Market size and forecast, by Type, 2019-2027, 8.3.8.1.Market size and forecast, by Type, 2019-2027, 8.3.9.1.Market size and forecast, by Type, 2019-2027, 8.3.10.1.Market size and forecast, by Type, 2019-2027, 8.3.11.1.Market size and forecast, by Type, 2019-2027, 8.3.12.1.Market size and forecast, by Type, 2019-2027, 8.4.1.Market size and forecast, by Type, 2019-2027, 8.4.7.1.Market size and forecast, by Type, 2019-2027, 8.4.8.1.Market size and forecast, by Type, 2019-2027, 8.4.9.1.Market size and forecast, by Type, 2019-2027, The potential risks involved in the adventure tourism market are unpredictable climate changes, cultural & language loss, habitat loss, & erosion. 2021. pandemic has shown to have an enormous impact 8.3.7.2.Market size and forecast, by activity, 2019-2027 Given that the usual objective of entrepreneurs is return on investment, it can assist in the preparation of a plan to that end.In the case of destinations, SWOT is often used to help define the strategic positioning of the tourism cluster and its policy and . 8.4.8.5.Comparative market share analysis, 2019 & 2027, 8.4.9.1.Market size and forecast, by Type, 2019-2027 analysis. 8.4.7.5.Comparative market share analysis, 2019 & 2027, 8.4.8.1.Market size and forecast, by Type, 2019-2027 9.10.4.Recent strategic moves & developments The new partnerships aim is to form a protected Southern Ocean marine area. 8.1.7.4.Market size and forecast, by age group, 2019-2027 Having considered areas for potential standout, the B&B owner decides to explore how to develop links with activity providers in the local area and resolves to start making better us of social and digital channels. Best for Cruises: UnCruise Adventures. You can also contact MarketWatch Customer Service via our Customer Center. The key companies operating in the industry are adopting several growth strategies & business tactics such as mergers & acquisitions, collaborations, partnerships, and launches to maintain a strong position in the overall market, which is subsequently assisting the adventure tourism market to grow across the world. The Study is segmented by major and emerging countries having high potential and elaborates qualitative and quantitative information including market size breakdown by revenue and volume (if applicable).The study precisely caters drivers, restrains to capture changing market dynamics affected in current scenario. Theyre always looking for a better opportunity. The region will witness the most promising growth in the coming years. SWOT Analysis helps in strategic planning in following manner-. They lack a personalized customer service experience. Local economy: Adventure tourism along with general tourism often jumps start the local economy. It especially relates to those that involve risk, or requires extensive planning. This factor is directly influencing families to go explore adventure travel. 8.3.11.2.Market size and forecast, by activity, 2019-2027 8.2.10.5.Comparative market share analysis, 2019 & 2027, 8.2.11.1.Market size and forecast, by Type, 2019-2027 Its beaches, mountains, rainforests, islands and diving spots are among the country's most popular tourist destinations. A significant rise has been recorded in the number of solo travelers across the Europe in recent years, resulting in a surge in the number of online travel agents. Land-based activity sub-segment generated the highest market size for adventure tourism. It covers Canada market data and forecasts. 8.2.12.2.Market size and forecast, by activity, 2019-2027 Some of the Major Key Players Covered in this report are Adventure Park Usa, Adventure Park Lubbock, Adventure Park, Although tourism is impacted globally, Tropical Escapade in the Osa Peninsula shows resilience with adventure, sustainability, and community. Metrics, top-down analysis, supplier engagement analysis, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, and supplier positioning grid are also included in the data model. 9.8.4.Recent strategic moves & developments In February 2020, Intrepid Group, an adventure travel company, partnered with WWF-Australia in order to support Antarcticas marine life. Opportunities . Some festivals are so unique that attract tourist to have a real-life experience of those festivals. Many small businesses have jumped into it and they offer low-quality service at high prices. The global adventure tourism market size was over $609,000.0 million in 2019 and is further anticipated to reach $1,796,243.8 million by 2027. Kickstart 2022 with a SWOT analysis. 8.1.7.2.Market size and forecast, by activity, 2019-2027 Become more independent help kick start the discussion with the Sri Lanka's tourism cluster. Global Adventure Tourism Market Size was estimated at USD 1420.56 million in 2021 and is projected to reach USD 5621.71 million by 2028, exhibiting a CAGR of 21.72% during the forecast period. However, the global market will grow at a significant rate post the COVID-19 outbreak as market leaders are opting new strategies for safer travels. The company also introduced new trips through Tailor Made USA itineraries category. 8.2.9.4.Market size and forecast, by age group, 2019-2027 Published Date: Feb Here to access our comprehensive analysis of the. Feb 13, 2023 (The Expresswire) -- Some of the, Adventure Theme Park Market SWOT Analysis by Key Players FUNLAND ADVENTURE PARK, , The latest research on "Adventure Theme Park Report 2021" offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. People speak different languages across the world and theres a strong cultural diversity. 8.1.4.Market size and forecast, by age group, 2019-2027 Owing to this factor, the European market is anticipated to witness accelerating growth.The key players operating in the global industry include G Adventures, Butterfield & Robinson Inc., Abercrombie & Kent USA, LLC., MTSOBEK, Intrepid Group, Recreational Equipment, Inc., Austin Adventures, Topdeck Travel Limited, ElderTreks, and Lindblad Expeditions. According to New Sabah Times, "Malaysian Tourism Minister Datuk Seri Dr Ng Yen Yen targets 24 million tourist arrivals for the year 2010." (The New Sabah Times, 2010) There have been several actions that have been done to help boost the tourism rate such as, "holding new international events while continuing with existing events." (The New Sabah Times, 2010) However . The tourism industry plays a very important role in the GDP and economy of a country. Does your business share a story with an iconic attraction? Adventure tourism, according to the Adventure Travel Trade Association, is a tourist activity that includes physical activity, a cultural exchange, or activities in nature.You don't necessarily have to go base jumping or go scuba diving with sharks to be an . Drivers, Restrains and Research Methodology:The research study examines the main factors that support market growth. The objectives of Singapore is to triple the tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional . 8.4.9.2.Market size and forecast, by activity, 2019-2027 Realizing you took a large leap, tried, and challenged yourself will make you feel more self-assured. When presented as a SWOT matrix, strategic planning can be used, including environmental planning and management (e.g. Different curves for seizing opportunities in developing countries are caused by fundamental impediments to market expansion. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs. The goal of tourism and traveling is to change the environment of your home, work, and office. Here, North America Orthopedic Implants Market, North America Chlorinated Paraffin Market, North America Patient Centric Healthcare App Market, 2023 Research Dive. G Adventures Inc - Strategy, SWOT and Corporate Finance Report report is published on April 28, 2022 and has 34 pages in it. 8.2.10.2.Market size and forecast, by activity, 2019-2027 8.3.9.5.Comparative market share analysis, 2019 & 2027, 8.3.10.1.Market size and forecast, by Type, 2019-2027 The ancient temples in India and Thailand, the Great Wall in China, the Egyptian Pyramid, K-2 in Pakistan, Himalayas mountain, ruins of ancient Greeks, Stonehenge in the UK, and many other places around the world are a cultural heritage that attracts thousands of tourists every year. Its because the work pressure is very high during the season, and pay is very low. Very few of them use sponsored posts on different social media platforms to target their specific market. Some of the successful tourist places offer accommodation facilities for all types and categories of people. Its different everywhere. A SWOT analysis tool is one of the most effective business and decision-making tools. HTF Market Intelligence Consulting Pvt. It gives the impression of a safe environment. Some hotels and restaurants, airlines, and local travel companies provide quality service in some countries. SWOT analysis is a commonly used tool for analyzing external. The Report Takes 2020 As The Base Year And Considers A Wide Range Of, Adventure Theme Park Market Research Capital expenditure, SWOT Analysis includin , AMA published a new study on the Global Adventure Theme Park Market exclusive insights, Opportunities and revenue size estimation and growth factors. 8.3.7.5.Comparative market share analysis, 2019 & 2027, 8.3.8.1.Market size and forecast, by Type, 2019-2027 A SWOT analysis is a framework used in a business's strategic planning to evaluate its competitive positioning in the marketplace. A thorough understanding of the Analytics sector and its commercial potential is the aim of the market study. For instance, in May 2020, Abercrombie & Kent, expanded their offering in the Alaska and American West by introducing 6 new tailor made adventure trips and 2 new American road trips. 8.3.3.Market size and forecast, by type of travelers, 2019-2027 THe analysis below shows. It also includes different types of lifestyle, clothing, eating, festivities, and the whole social setup. Contact Us | Privacy Policy | Terms of Service, Enough Resources to Produce Quality Products, Personalized Service with Unique Experience, Limited Professional Institution for Tourism, Kotlers Five Product Levels Model Definition,, What is an Augmented Product? Reverse its weaknesses. Tourism results in expansion of the mind and adventure of the soul; it promotes peace and amity in this strife torn world; it is an exercise in deontology to conserve the resources; an environmental pilgrimage; and can also work for the benefit of the poor and the destitute. People usually dont take risks in their lives where there are no roads. The company itself operates in mainstream sector, and specialist sectors that includes . The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. 9.1.3.Product portfolio It covers all the. It would require a huge amount of resources. 8.2.11.2.Market size and forecast, by activity, 2019-2027 3.4.3.Opportunities, 3.5.Technology landscape Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market". 9.1.2.Financial performance In addition, rising interest of people towards archeological expeditions, attending local fairs and bird watching are expected to fuel the demand for land-based activities. Table of Contents:With tables and figures to help analyze the global Adventure Tourism market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Hybrid Adhesives and Hybrid Sealants Market to Witness Huge Growth by 2029 | Hen , Global Hybrid Adhesives and Hybrid Sealants Market Growth 2023-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. 8.2.11.4.Market size and forecast, by age group, 2019-2027 We have a team that can go all the way to give our clients value for their money; a team that are trained and equipped to pay attention to details. 8.3.8.5.Comparative market share analysis, 2019 & 2027, 8.3.9.1.Market size and forecast, by Type, 2019-2027 8.4.7.4.Market size and forecast, by age group, 2019-2027 8.2.8.2.Market size and forecast, by activity, 2019-2027 Some cultures are open and moderate that theyre willing to accept any good new thing. Three different SWOT Analysis templates specific for a Adventure Travel Agency. It is used to analyze the external and internal environments of an organization, assessing its capabilities and limitations. The employees turnover rate is very high in the tourism industry. Its because traveling convenience is also a very important aspect of the tourism industry. As a result, it is an avenue for developing reasonable business strategies and arriving at informed decisions. Geographically, European market for adventure tourism is estimated to dominate the global industry. They pay low wages to their employees and dont invest resources in training and development. 7.4.2.Comparative market share analysis, 2019 & 2027, 8.1.1.Market size and forecast, by Type, 2019-2027 This category covers culinary tours and inspiring wine tours in Sonoma and Napa valleys, national parks in California, Arizona and Utah and wildlife experiences in Wyoming and Alaska. 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