The Himalayan tourism market is poised to reach a valuation of USD 2 Billion in 2022. Sales are projected to increase at a 5% CAGR, with the market size reaching USD 3.26 Billion by 2032.
Himalayan Tourism appears resilient against the pandemic. Even though about 80% reduction of the number of tourists visiting the Himalayas in 2020, the tourism sector was capable of quickly recovering and welcome tourists coming after a year’s gap.
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The tourists from all around the world come and visit Himalayas to observe the scenic beauty including forests, farms, lakes, mountains and fields. Along with sightseeing, there are number of adventure sports and activities to perform, from treks, rock climbing to kayaking and river rafting and safaris. There are also cultural heritages with Hindu temples and Buddhist Monasteries in districts surrounding Himalayas.
The Himachal Tourism working with Government of Himachal are proposing new ideas related adventure activities, schemes and loans for Hospitality sector, encouraging local entrepreneurs to enter in Himalayan tourism sector.
Key Trends in the Himalayan Tourism Market
- Sustainable Tourism Practices: With an increasing global focus on environmental conservation, Himalayan destinations are embracing sustainable tourism practices. From waste management initiatives to eco-friendly accommodations, the region is committed to preserving its pristine beauty for generations to come.
- Adventure Tourism on the Rise: The Himalayas have become synonymous with adventure tourism. Trekking, mountaineering, and paragliding are gaining popularity as travelers seek immersive experiences. This trend is driving infrastructure development in remote areas and fostering a sense of exploration.
- Cultural Immersion Programs: Travelers are now seeking more than just scenic views; they crave cultural immersion. Himalayan regions are responding by offering programs that allow tourists to engage with local communities, learn about traditional customs, and participate in local festivities.
- Digital Connectivity: Improved digital connectivity in remote Himalayan regions is facilitating easier access for tourists. This has led to increased online bookings, real-time communication, and the sharing of experiences through social media, thereby enhancing the overall travel experience.
- Wellness and Spiritual Tourism: The Himalayas have long been a haven for spiritual seekers. Wellness retreats, yoga centers, and meditation resorts are gaining popularity, attracting individuals looking to rejuvenate their minds and bodies amidst the serene backdrop of the mountains.
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Key Takeaways:
- Based on tourism type, ecological/sustainable tourism is popular among international as well as domestic travellers.
- By booking channel, the online booking segment is preferred by most travellers.
- In terms of age group, individuals from age group of 26-35 are most common travellers to Himalayas.
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Future Market Insights, in its new offering, provides an unbiased analysis of the Himalayan Tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the Himalayan Tourism market based on the tourism type (cultural & heritage tourism, eco/sustainable tourism, adventure & sports tourism, wellness tourism & others), booking channel (phone booking, online booking & in person booking) tourist type (domestic & international), age group (15-25 years, 26-35 years, 36-45 years, 46-55 years, 66-75 years) across Asia.
Key Companies Profiled
- Himalayan Tours
- Himalaya Travels
- Himalayan Tour Operators & Travel Agents
- Enchanting Travels
- Himalayan Holidays
- Sherpa Expedition and Trekking Pvt. Ltd.
- Trafalgar
- G Adventures
- Explore!
- Nepal Hiking Team
- Himalaya Heart Treks & Expedition
Himalayan Tourism Market by Category
By Tourism Type:
- Cultural & Heritage Tourism
- Eco/Sustainable Tourism,
- Adventure & Sports Tourism,
- Wellness Tourism
- Others
By Country:
- India
- Nepal
- Bhutan
- China
- Others
By Booking Channel:
- Phone Booking
- Online Booking
- In Person Booking
By Tourist Type:
- Domestic
- International
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
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