The Safari Tourism Market is Predict to reach $49.3 Billion by 2030, at a CAGR of 5.4%

Safari Tourism Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Safari Tourism Market size is expected to reach $49.3 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period.

The Adventure Safari segment is growing at a CAGR of 5.1 % during the forecast period. Adventure safaris offer a diverse range of activities that go beyond traditional game drives. These include trekking, hiking, rock climbing, hot air balloon rides, zip-lining, white-water rafting, and other high-energy pursuits. The goal is to provide participants with an immersive and active experience besides wildlife viewing. While adventure activities are a central component, the essence of adventure safaris lies in providing participants with close encounters with nature. Whether trekking through lush forests, navigating rugged terrains, or camping under the stars, adventure safaris aim to connect travelers with the natural environment.

The Couples segment is generating the highest revenue in the Global Safari Tourism Market by Group in 2022; thereby, achieving a market value of $21.5 billion by 2030. Safari tourism for couples is a romantic and adventurous way to create lasting memories in some of the world's most stunning natural landscapes. Couples interested in unforgettable experiences are drawn to traversing breathtaking landscapes, sharing intimate moments in nature, and encountering wildlife. Furthermore, safari destinations are often selected by couples as their honeymoon destinations. Safari tourism is frequently regarded as an adventurous and romantic escape for couples.

The Direct Booking segment is registering a CAGR of 5.1 % during the forecast period. More travelers are choosing to book their safari experiences directly with lodges, camps, or tour operators due to technological advancements such as mobile payments, voice recognition search, artificial intelligence (AI), as well as the availability of online booking platforms. Direct communication with safari operators allows for a more personalized experience. Travelers can directly discuss their preferences, interests, and specific requirements with the provider, resulting in a tailored itinerary that meets their expectations.

The LAMEA region dominated the Global Safari Tourism Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $23.7 billion by 2030. The Asia Pacific region is anticipated to grow at a CAGR of 5.6% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 6.1% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/safari-tourism-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Wilderness Holdings Limited (African Wildlife Holdings Partnership), Thomas Cook (India) Limited (Fairfax Financial Holdings Limited), Singita Group, Scott Dunn, Rothschild Safaris, Micato Safaris, TUI AG, Abercrombie & Kent USA, LLC, Butterfield & Robinson, Inc. and Backroads.

Global Safari Tourism Market Segmentation

By Tourism Type

• Adventure Safari
• Private Safari
• Others

By Group

• Couples
• Friends
• Families
• Solos

By Booking Mode

• Direct Booking
• Agents & Affiliates Account
• Marketplace Booking

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Kenya
  • Rest of LAMEA

Companies Profiled

• Wilderness Holdings Limited (African Wildlife Holdings Partnership)
• Thomas Cook (India) Limited (Fairfax Financial Holdings Limited)
• Singita Group
• Scott Dunn
• Rothschild Safaris
• Micato Safaris
• TUI AG
• Abercrombie & Kent USA, LLC
• Butterfield & Robinson, Inc.
• Backroads

Related Reports:

North America Safari Tourism Market Size & Forecast to 2030

• November-2023
• 85 Pages

LAMEA Safari Tourism Market Size, Share & Trends, 2023-2030

• November-2023
• 95 Pages

Europe Safari Tourism Market Size & Share, Growth to 2030

• November-2023
• 95 Pages

Asia Pacific Safari Tourism Market Size Report 2023-2030

• November-2023
• 96 Pages