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Safari Tourism Market Size

  • Report ID: GMI5993
  • Published Date: Jun 2023
  • Report Format: PDF

Safari Tourism Market Size

Safari Tourism Market size valued at USD 32.2 billion in 2022 and is anticipated to grow at a CAGR of 5% between 2023 and 2032. The growing interest in safari travel among bloggers and influencers is a major element driving the expansion of safari tourism.

 

The market of luxury tourism is set to cross USD 150 Billion by 2032. Rising inclination toward distinctive & exotic vacation experiences, the increasing middle & upper-middle-class spending, and the expanding effect of social media on the travel sector are primary factors, which will drive market growth.

 

Safety and infrastructure issues can hamper the safari tourism market growth. Inadequate infrastructure including poorly maintained roads, limited access to remote areas, and insufficient accommodation options can discourage tourists from visiting safari destinations. Similarly, safety concerns related to wildlife encounters, diseases, and political instability in certain regions can also deter potential travelers. To foster market growth, investments in infrastructure development including road networks and accommodation facilities are necessary. Also, ensuring the safety of tourists through stringent safety protocols, well-trained guides, and effective wildlife management strategies can help build confidence among travelers, thus promoting the market demand.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of safari tourism was worth over USD 32 billion in 2022 and is poised to grow at more than 5% CAGR between 2023 and 2032, driven by the growing interest in safari travel among bloggers and influencers.

The adventure safari segment held a significant share of over 50% in 2022, owing to the rising trend among travelers to seek more immersive & exciting experiences.

Asia Pacific market is poised to witness more than 6.5% CAGR from 2023 to 2032, owing to the booming outbound tourism sector across developing countries such as China and India.

The market players include top companies such as andBeyond, Abercrombie & Kent Ltd., Backroads, Butterfield & Robinson, Enchanting Travels, Gamewatchers Safaris, Great Plains, and Micato Safari.

Safari Tourism Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 320
  • Countries covered: 20
  • Pages: 272
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